• East Idaho Real Estate – Housing Crisis 2019 Part 2

    There’s so much information in the last video, I had to break it up into 2 videos. If you haven’t seen my last video that talks about the 2019 housing crash check the link in the description. In this video we are going to address the differences in today’s market vs the real crash of 2007.

    Let’s pretend that YOU and I decide to land on Mars and we didn’t get permission. The reason we didn’t get permission is because scientists don’t think there is intelligent life on mars.

    But let’s assume they are wrong and let’s assume there is intelligent life on Mars. And they have intergalactic space ships.

    They get mad at us, jump in those spaceships and come to earth. And let’s assume they have super dooper ray guns that they can just point at a building and it disintegrates. Now. That would cause a housing crash! Sound like a good Doomsday story? That’s what people want us to believe about the HOUSING CRASH coming in 2019. Let’s put this fear to bed and address the differences in today’s market vs the real crash of 2007.

    A big myth is that we are starting to see the same indicators that caused the bubble to burst back in 2007. And if you just read the headlines, I can understand why you would think that way. However, there’s more to the story when you look deeper.

    Because interest rates are creeping up, people are now starting to take cash out of the equity in their homes. There’s a lot of articles and blog posts being written about CASH OUT REFINANCES. That’s what happened in 2007, people are starting to do crazy things again, we are about to see another crash. There were so many indicators that were involved in the bubble, but interest rates were never an indicator.

    Ok, here’s where we need to all calm down and take a look at the numbers. When you look at 2005-2007 people took out 824 Billion dollars out of their house. Leaving them with NO equity left in their homes. Today, Tappable Equity….meaning they have to leave 20% equity in. Tappable is up 21% over the bubble numbers. Over the last 3 years, people have pulled out 172 Billion dollars of Tappable Equity. Now 172 Billion is still a large amount, but it’s less than a quarter of the equity pulled out during 2007.

    In the past, people were pulling out money to buy things like motorcycles, jet skis, pay cash for cars and take that luxury vacation.

    Now people are pulling the money out to do things like putting their kids through college, investing in business ideas. We are making smarter decisions. We are investing in appreciating assets, not getting out all the equity and putting it into depreciating assets like cars.

    Right now 48% of the houses in this country have at least 50% equity in it. Almost one out of two houses have half their value available. If people are pulling out 10 to 30 thousand dollars to invest in a business or their kids college. That’s all good news! It’s going to make their lives, their kids lives and communities better.

    I believe that EVERY family should feel confident when buying and selling a home and it’s my hope that you having a deeper understanding of the actual numbers. Not the fluff that’s behind the SCARRY, DOOMSDAY headlines that are out there.

    By the way as a side note, those writers putting those headlines out there are hired to do one thing….write a headline or story that provokes an emotion and produces clicks on a webpage or YouTube channel and make money for someone else. And if you don’t know that, when you see some of these headlines and articles out there, sure it’s gonna make you feel uncomfortable about the market stability.

    Still have questions about the market, don’t leave it to the Martians and their super dooper ray guns. Call me at the number below, then get packin, cause you’re moving!

    ***Statistics and Information from Steve Harney, KCM Founder & Chief Content Creator

  • East Idaho Real Estate – Housing Crisis 2019

    Ok. I’m gonna take a break from the goofy videos and we’re gonna get serious about some concerns people are having about East Idaho Real Estate.

    Clients have been feeling like been 2019 is the year that the next housing crisis will occur and that we are in a very obvious shift and that bring change. When change occurs, it starts to create doubt and puts us in an scary emotional state. Let’s take a look at the market and the real facts of what’s really going on nationally. Not what the guy you sat next to at the basketball game suspects.

    A big question in everyone’s mind is: Does the fact that we are seeing a lot of listing price adjustments mean we are headed into another housing crash? NO…We’ve been in a market where home prices have appreciated up to 12% per year and that increase has been mostly due to lack of inventory. With the number of new builds going up, that inventory problem should be leveling out and bringing prices more into line. When this happens, people start to get nervous. What people aren’t understanding….That doesn’t mean the homes are depreciating in value, it’s more like they will just appreciate at a lower rate more like 5 to 6% per year.

    Now, most people are afraid of the word “Recession”. We have to have it, our economy has been really solid and at some point, it has to level out. It’s like the guns and butter lesson we all learned in high school economics. So let’s define it. Recession means an economic slowdown. It doesn’t mean another housing CRASH. The actual definition of a recession is an economic slowdown for two straight quarters.

    What is going to happen to home prices?

    A study was just done that looked at the projections going into next year from 100 of the leading housing analysts. Of those 100, 94% say house is going to continue to appreciate, 2% say it will maintain the same and 4% say we’re going to depreciate slightly; SLIGHTLY bing the key word. It will still be over the historical average. If you take that same study out 5 year….there is no one calling for depreciation. Not one! That’s a good sign!

    So what about the rise of interest rates, couldn’t that impact the number of housing transactions? We need to take a look at where interest rates were in the 80’s and 90’s, rates were up as high as 8 to 10%. Now, you may not be getting as good of a rate as your older brother did last year, but you’ll definitely be getting a better rate than your oldest brother got 10 years ago, your parents did 20 years ago and your grandparents did 30 years ago. And the feds have come out and said that it’s not certain that the rates will dramatically continue to climb. The National Associations of Realtors, The Mortgage Bankers Association and Fannie Mac all project that there will be more real estate transactions in 2019 than there were in 2017. And 2017 was a great year.

    So guys, now is not a time to panic. But it is a time to really focus on pricing your East Idaho Real Estate correctly ! There was a time when you could price your home at $280k when your home is really only valued at $220. Those days are GONE. It’s just not gonna happen in today’s market. But that’s a good thing. Who wants their house to sit on the market for 6 months, only to then readjust it to the price it should have been originally and then have it sell quickly. Think about what those 6 months of mortgage and utilities payments cost you. That comes right off the final sales price. More than likely you didn’t put any more money in your pocket. You just waited longer to get your money.

    If you have any questions about where your home should be priced at or if you in the market to make a move….call me at the number below.

    Then get packin’, cause you’re movin!

    ***Statistics and Information from Steve Harney, KCM Founder & Chief Content Creator

  • Pay off your mortgage fast! East Idaho Real Estate Agent

    ANNIHILATE the interest on your mortgage and save THOUSANDS! On this episode of the Monday Mortgage Minute, we teach you a method of paying down your mortgage fast, that won’t put you in the poor house!

    Call Craig Curtis from Legacy Mortgage at 208-525-3323 to get top mortgage advice.

    THEN, WHEN YOU’RE READY TO MAKE A MOVE….
    Call or text me with any questions.

    Buying a home in Idaho Falls, Idaho? Selling a home in Idaho Falls, Idaho? Here’s a current list of houses for sale in Idaho Falls.

    Buying a home in Rigby, Idaho? Selling a home in Rigby, Idaho? Here’s a current list of houses for sale in Rigby.

    Buying a home in Rexburg, Idaho? Selling a home in Rexburg, Idaho? Here’s a current list of houses for sale in Rexburg.

    Get Packin, You’re Moving!

    Valorie
    ValoriesList.com
    Idaho’s Real Estate Agent
    208-403-1859

  • East Idaho Real Estate Market Report – Report January 2019

    Feeling the itch to paint a room? Take a look to see what Stan’s Paint Clinic can help you with. For a chance to win a sweet paint package from Stan’s, let us know below what room you would paint!

    Giveaway Includes-
    4 Gallon Regal Select Paint
    1 Gallon Ceiling Paint
    1 Gallon Advance Paint for trim
    $299 Value

    Stan’s Paint Clinic
    Two locations:
    Idaho Falls
    1521 Northgate Mile – Next to Fred Meyers
    208-523-0031

    Rexburg
    125 Valley River Drive – Next to CAL Ranch
    208-716-2062

    THEN, WHEN YOU’RE READY TO MAKE A MOVE….
    Call or text me with any questions.

    Buying a home in Idaho Falls, Idaho? Selling a home in Idaho Falls, Idaho? Here’s a current list of houses for sale in Idaho Falls.

    Buying a home in Rigby, Idaho? Selling a home in Rigby, Idaho? Here’s a current list of houses for sale in Rigby.

    Buying a home in Rexburg, Idaho? Selling a home in Rexburg, Idaho? Here’s a current list of houses for sale in Rexburg.

    Get Packin, You’re Moving!

    Valorie
    ValoriesList.com
    Idaho’s Real Estate Agent
    208-403-1859

  • Disney World’s Magic Kingdom – 5 Fun Facts – East Idaho Realtor

    ​I just went to Disney World on a vacation! Here’s 5 things I learned about Disney:

    #1. American flags are required to be raised, lowered and flown at half-mast due to regulations. As a result, each flag on Main Street U.S.A. is missing a star and a stripe so they can be flown permanently.

    #2. Disney World’s lost & found gets an average of 210 pairs of sunglasses turned in each day.

    #3. There are over 58,000 “cast members.” Walt Disney World Resort is the largest single-sit employer in the US.

    #4. During the Christmas season, there are over 1,500 decorated trees throughout all 4 parks.

    #5. Disney World is 39 square miles, about the size of San Francisco!

    ___________________________

    Call or text me with any questions.

    Buying a home in Idaho Falls, Idaho? Selling a home in Idaho Falls, Idaho? Here’s a current list of houses for sale in Idaho Falls.

    Buying a home in Rigby, Idaho? Selling a home in Rigby, Idaho? Here’s a current list of houses for sale in Rigby.

    Buying a home in Rexburg, Idaho? Selling a home in Rexburg, Idaho? Here’s a current list of houses for sale in Rexburg.

    Get Packin, You’re Moving!

    Valorie
    ValoriesList.com
    Idaho’s Real Estate Agent
    208-403-1859

  • East Idaho Market Report – November 2018

    Thanksgiving is here and it starts the season of giving thanks!
    ​What are YOU thankful for this holiday season?

    For a chance to win a pie from Grandpa’s Southern Bar-B-Q, let us know below!

    Call or text me with any questions.

    Buying a home in Idaho Falls, Idaho? Selling a home in Idaho Falls, Idaho? Here’s a current list of houses for sale in Idaho Falls.

    Buying a home in Rigby, Idaho? Selling a home in Rigby, Idaho? Here’s a current list of houses for sale in Rigby.

    Buying a home in Rexburg, Idaho? Selling a home in Rexburg, Idaho? Here’s a current list of houses for sale in Rexburg.

    Get Packin, You’re Moving!

    Valorie
    ValoriesList.com
    Idaho’s Real Estate Agent
    208-403-1859

  • NEW Rexburg Home for Sale – 995 Barney Dairy Road

    PRICE JUST REDUCED BY $15,000
    NOW PRICED AT $339,900

    995 Barney Dairy Road, Rexburg Idaho

    Featuring:
    – 5 Bedrooms / 2.5 Bathrooms
    – Over 3,200 sq ft
    – New carpet + paint
    – Main floor master bedroom
    – Large laundry room
    – New cement/asphalt, well, water heater, sprinkler system + roof
    – and much more!

    – Valorie
    Idaho’s Real Estate

    P.S. If you have any questions about this listing (or other homes for sale here in the greater Idaho Falls area), feel free to call or text me… my personal cell is (208) 403-1859​.

  • Mall of America Fun Facts – East Idaho Real Estate

  • 5 Things to ask your Idaho Falls Real Estate Agent

  • Within An Hour – Swan Valley Square Ice Cream Cones

  • Septic Tank Maintenance Tips – East Idaho Real Estate

  • Ft Worth Stockyards – Facts and Fun

  • Idaho falls horse ranch property for sale

    4139 E 140 N, Rigby, ID 83442
    Price $545,000

    Hard to find horse property close to town. This unique custom home has so much to offer.

    • 3568 sq ft.
    • Home was built in 2015.
    • 5 bedroom 3.5 bath
    • Huge 3 car garage
    • Custom Tile, Granite Countertops, Alder Trim, Doors, and Sinks throughout
    • Amazing Pantry
    • 2 Fireplaces
    • 2 Hot Water Heaters
    • 2 Laundry Rooms
    • Vaulted Ceilings
    • Central Air
    • Sprinkler System
    • 16 x 24 Covered Patio
    • Large 120 x 220 Roping Arena
    • 3 acre Horse pasture – Possibility of up to 9 acres
    • Beautiful 50 x 60 Custom Horse Barn with eight 10×14 stalls, wash rack, tack room, 220 wiring and above storage.

    Horse property for sale in Idaho is getting hard to find! But, it’s not impossible. This is one of the nicest properties you will find out of all the homes for sale in eastern Idaho and even all the homes for sale in Rigby, Idaho.

    Are you looking to buy or sell in eastern Idaho? Call me at 208-403-1859.  Then Get Packin, cause You’re Movin!

  • East Idaho Real Estate Report September 2018

    East Idaho Real Estate Market Report

    Tri Tri the Adventure Dog and I went to the Idaho Falls Dog Park for the first time. To be honest, I didn’t even know we had a dog park in Idaho Falls, but turns out we do and Tri Tri had a blast. Before I went, I did a little research on what to do while at a dog park and turns out…there are some rules you should follow when at the dog park. So, here’s just a little Dog Park Etiquette for you to follow if you plan on taking your dog.

    • Make sure to have dogs current on vaccinations
    • Make sure your dog understands simple commands
    • Let your dog socialize
    • Take off the lease while in the dog park
    • Pay attention to what your dog is doing. If your dog gets too aggressive, it’s time to leave.
    • Bring your own toys
    • Clean up after your dog! Don’t be “THAT” guy!

    Here’s where to find the dog park:
    Idaho Falls Dog Park
    3140 Lindsay Blvd
    Next to the Snake River Animal Shelter

    Here’s the East Idaho Real Estate Market Report:

    Bonneville County
    Units Sold: 199
    Average Days on Market: 36
    Median Sales Price: $195,000
    New Listings: 260

    Jefferson County
    Units Sold: 39
    Average Days on Market: 39
    Median Sales Price: $265,000
    New Listings: 49

    Madison County
    Units Sold: 30
    Average Days on Market: 39
    Median Sales Price: $217,450
    New Listings: 32

  • East Idaho Real Estate Market report October 2018

    Knowledge. Choosing a realtor who knows all about homes for sale in Rexburg Idaho and the eastern Idaho area is the first step to buy or sell your property. When you choose your realtor you are establishing a relationship with the agent who will bring you the right buyers. The buyer who will appreciate your property. You need someone who knows the area, the properties and who can show you what value your property will bring in this location.

    I have lived in the Rexburg and worked around the Eastern Idaho area my entire life. I know this area. I know the buyers. I know the properties.

  • House for sale in Idaho Falls – Real Estate Agent Testimonial

    “We’d like to thank Valorie for helping us with this wonderful opportunity to buy the home behind us. She’s been very quick and responsive about getting us the into this home. I’d like to thank her for driving us around. We were able to see 9 houses in two days. We really enjoyed the initial contact with her. We enjoyed going to ValoriesList.com and finding the houses we wanted to see and that list was actually faster than realtor.com. We were able to quickly settle the deal on this home.

    She’s a great realtor and we’d recommend her to anyone we know!”

    ______________________

    What a wonderful family! I had a great time working with them to find a new home with some acreage for a couple of cows! I think we found the perfect place for their young family to grow up with the values and work ethic that raising animals will give them. So glad to get to know them better!

    Buying a home in Idaho Falls, Idaho? Selling a home in Idaho Falls, Idaho? Here’s a current list of houses for sale in Idaho Falls.

    Buying a home in Rigby, Idaho? Selling a home in Rigby, Idaho? Here’s a current list of houses for sale in Rigby.

    Buying a home in Rexburg, Idaho? Selling a home in Rexburg, Idaho? Here’s a current list of houses for sale in Rexburg.

    Get Packin, You’re Moving!

    Valorie
    ValoriesList.com
    Idaho’s Real Estate Agent
    208-403-1859

  • Valorie’s List First Time Sellers No Slate

    Listing a home can be very frustrating, but we go to great lengths to make sure your home looks fantastic and gets seen to a targeted list of buyers that will be interested in seeing your home or townhouse.