January 22, 2010
What is Appreciation? Appreciation is an increase in the value of an asset, in this case real estate, over time. Driving factors that may cause the increase are: increased demand or weakening supply, or as a result of changes in inflation or interest rates. This is the opposite of depreciation, which is a decrease over time. Obviously the Boise [...]
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January 22, 2010
The recent housing boom was full of McMansion construction focusing on BIG homes. Today, this isn’t the case–buyers are demanding smaller homes and “move-down” houses. Just take a look at what kind of homes are for sale in Boise and you’ll see that the trends are moving to smaller floor plans. When you think about [...]
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