This month, the median list price for single-family homes in Idaho Falls is $449,000. The Market Action Index (MAI), which measures the balance between supply and demand, is at 38, indicating a slight seller's advantage. Inventory has increased to 345 active listings.

As of October 2024, the Idaho Falls real estate market is experiencing a slight seller's advantage with a median list price of $449,000 and an increase in inventory to 345 active listings. The median days on market is 49, with 49% of homes seeing price reductions.

During the 2008 housing crisis, REO properties flooded the market, as a wave of foreclosures occurred when homeowners defaulted on their loans. The peak of REO listings occurred in 2010, when banks struggled to manage the high volume of distressed properties.

In 2024, Idaho's foreclosure rate remains moderate, with the most foreclosures seen in counties such as Custer, Bingham, Bonneville, Caribou, and Bonner.

Negotiating in real estate is an art that combines strategy, communication, and a deep understanding of the market. As Albert Einstein famously said, "You have to learn the rules of the game. And then you have to play better than anyone else." In real estate, knowing these rules—and mastering the techniques that set you apart—can lead to successful deals that benefit all parties. Here are some best practices to guide you through the negotiation process.

Our goal is to help you sell your property efficiently, for the best price, and with as little stress as possible. But a successful sale requires a solid working relationship where both parties are committed and aligned. When you decide to work with Bee Home, the consultation isn’t just about how we can help you sell—it’s also an opportunity to determine if we’re the right fit for each other.

Our goal is to help you find a home that best suits your needs while making the process smooth and stress-free. We’re here to give you our best, but we also want to work with clients who are committed and ready for this exciting journey. This initial conversation isn’t just about how we can assist you—it’s also a chance for us to determine if we can work together effectively.

At Bee Home Real Estate, we believe in clarity, honesty, and professionalism, and part of that commitment is helping you understand the differences between being a client and a customer. Whether you're buying, selling, or investing, knowing your relationship with us can make all the difference in your experience. Let's break down what you can expect.

Understanding the nuances of the NAR settlement is crucial for both real estate professionals and consumers. By dispelling myths and highlighting the actual terms and implications, stakeholders can navigate the evolving landscape with clarity and confidence. The National Association of REALTORS® settlement serves as a pivotal moment in real estate, aiming to enhance transparency and fairness within the industry. As a dedicated real estate professional, I am here to stay, committed to earning my commission through hard work and proving my value to each client. This settlement paves the way for a more equitable market, sidelining practices that prioritize profit over people.

Ready to Embrace the Upside of Downsizing?

Downsizing can be a big decision, but it doesn't have to be a daunting one. Jamie Braithwaite and her dedicated team at JmeBee Real Estate are here to guide you through every step of the process with personalized advice and expert insights.

Whether you're looking for market evaluations, need help decluttering and staging your home, or seeking the perfect smaller space that fits your lifestyle, we're ready to help you make the transition seamless and rewarding.

Contact Jamie Braithwaite and her team today to start your journey towards a simplified, efficient, and fulfilling living experience. Let us help you unlock the benefits of downsizing and turn your real estate goals into reality.

As you consider improvements for your 2024 home sale, focus on upgrades that enhance appeal, efficiency, and functionality. While the ideal projects may vary based on your home's current condition and local market trends, investing in the areas highlighted above can lead to a successful and profitable sale. Remember, the goal is to make informed decisions that balance cost with potential returns, ensuring your home is both appealing to buyers and beneficial to your bottom line.

The Bonneville Metropolitan Planning Organization (BMPO) plays a crucial role in shaping the transportation landscape of Bonneville County. As autumn sets in, it's a great time to reflect on the organization's impact and the outcomes of the recent public meeting.

The First Regular Session of the 67th Idaho Legislature, which convened on January 9, 2023, and concluded with adjournment Sine Die on April 6, 2023, was a period marked by significant legislative activity and productivity. Throughout the session, lawmakers deliberated on a total of 861 legislative ideas, showcasing the breadth and depth of issues under consideration. Of these, 595 ideas were formally introduced as proposals in both the House and Senate, indicating a high level of engagement and legislative intent to address the diverse concerns of Idahoans. Ultimately, 317 of these proposals successfully navigated through both chambers, reflecting the rigorous scrutiny and consensus-building inherent in the legislative process. The session culminated with Governor's endorsement of 312 bills, underscoring a substantial achievement in terms of policy enactment and legal reform. This legislative cycle highlighted the dynamic nature of Idaho's legislative process and the commitment of its lawmakers to advancing the state's interests through comprehensive legal and policy measures.

Understanding these rules can make you a more informed buyer or seller. It's like knowing the rules of a game before you play—it gives you the best chance to win. So, whether you're looking for a home or hoping to sell, remember that these laws are there to help keep the game fair for you and everyone else.

In summary, the real estate market is a lot like a community event where fairness makes everything run smoothly. The Sherman Act, the Clayton Act, the Federal Trade Commission Act, and Executive Order 14036 are like the guidelines ensuring that everyone, from first-time homebuyers to seasoned homeowners, gets a fair chance in the housing market. Knowing about these can help you navigate the world of real estate with confidence, ensuring a fair deal for your family.

The "Silvercreek Relocation Guide" is a comprehensive resource designed to assist individuals and families considering a move to the Silvercreek area.

I'm thrilled to announce that I've begun a new chapter in my career – I am now a licensed Realtor® with Silvercreek Realty Group! My comprehensive training has equipped me with the knowledge to serve your real estate needs effectively.