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Ada County Association of Realtors has a new president, Russ Dane of Keller Williams Realty. He replaced Dan Hernandez, who has been president of the board.
Russ Dane is conservatively optimistic about the housing situation in Ada County right now. With the supply of new homes down from December 2008 and incentives being offered to Buyers, agents and board members alike are hopeful that 2009 will be a year of building back up our community. It is expected that we have reached the bottom of housing prices, and nationally Boise is not in the worst of the states.
Rates are still at historic lows, hovering around 5%, the $7500.00 tax credit is still being offered(and word on the street is that the Obama administration is fighting to open the credit to ALL buyers, and make it a gift rather than a loan), and sellers are motivated.
All good reasons to get out there and buy.