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Some people seem to think so. Ada County sales are at 279 for the month of October. Canyon County sales are at 270 for the month of October, with 10 days left to go in the month. Not bad for a market that is “in the tank” according to…well, all radio stations, news stations, and the local papers. So, what do these numbers mean to you, the consumer, the local, the buyer/seller? It means that even in our economy(which has been painted as nothing less than bleak at best by the local media), people still have jobs, banks are still lending money, and people are still buying. Consumer confidence is anticipated to return after the elections are over, as they always do. Interest rates are still at an all-time low. Tax credits, seller motivation, and homeowners exemption are just a few of the perks buyers benefit from by getting off the fence.
So, is now a good time to buy in the Treasure Valley? I’d say it’s one of the best times in recent history, contrary to what we’re constantly being fed. Jump on the bandwagon with the other 549 people in the Treasure Valley that have gotten a steal on a home and call a local realtor today(I know of a few good ones).
How’s that for a pep talk? The media(local and national) can shove it.