West Real Estate Group Video Blog

Expert Tips for Navigating the Idaho Real Estate Market

Our mission at West Real Estate Group is to be your resource for your Real Estate needs in Idaho. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about Real Estate. Watch the videos and articles below to get the latest news on local market trends and receive expert tips for buying or selling a home. Call us with any questions you may have at 208-501-8200

May 5, 2022

Client Story: From Lobsterman to Mountain-Man

 
"From Lobsterman to Mountain-Man"

Meet the Bergquists - Ben and Terry were both raised in Cape Cod, Massachusetts and had the luxury of having the Atlantic ocean in their backyard and although they loved it, they shared the dream of someday living in the mountains. 

Ben was a second generation commercial lobsterman for 30 years and after selling the business and raising their girls they decided that 2022 was the year to make the move. 

Their problem - Their biggest concern was finding a home in an area that allowed them to live somewhere beautiful, as well as have access to work and modern conveniences all while staying within their budget. After taking an extended vacation around Idaho they loved the Driggs, Victor and McCall areas but were amazed by the variety of activities, accessibility of recreation, natural beauty and temperate climate of Boise. 

Meeting Realtor John West - They initially came into contact with West Real Estate Group when they called the office inquiring about a house for sale in the North End. John West happened to answer the phone and they were immediately impressed with the educational approach he took to explain the current housing market. He presented logical explanations for the exploding housing costs in Boise and provided realistic expectations as they considered putting in an offer on the home (which they didn’t end up doing). His professionalism paired with his listening skills and deep familiarity of the current housing market made it an easy decision to move forward with him as their agent.

Getting the job done - Ben and Terry immediately knew that the entire team at West Real Estate Group was committed to finding them the right home despite their evolving needs. 

They appreciated the company’s updated technology and the daily listings alerts they received via email. They continually felt that their best interests were being considered and when the right house popped up on the market they were confident to move forward with a strong offer in their desired neighborhood.

Once their offer was accepted, the team at West Real Estate Group went to work on the contract to close process. Every email and call reduced their stress about their decision to buy and make the move across the country. 

The Bergquists now own a home that allows them to start living out their dream. They truly have the best of both worlds, owning a low maintenance home in Boise, with future plans to build a house in McCall and one day truly live in the mountains. 

Advice from the Bergquist's - “Anyone buying a home in this current market should find an office that provides as much guidance, education and professionalism as West Real Estate Group. It is a relationship of trust, and knowing that your Realtor genuinely understands your needs, as well as market trends is critical. Use your instincts to find an office like West Real Estate Group that makes you feel like you are in the best possible hands from start to finish. Finding an agent that you genuinely like, trust, and respect is also important.”

 
Fun Story
Ben and Terry sent John and his family four gigantic lobsters in the mail. Not knowing much about lobsters they quickly discovered that they were ALIVE and needed cooked ASAP. The family, especially the 2 and 5 year old girls had so much fun playing with the lobsters on the floor prior to them enjoying a delicious meal.
It was a memory that they will never forget!
 
Relocating to the Boise and Treasure Valley Area?

Make your move with confidence.
CLICK HERE for our 2022 Relocation Package!

 

P.S. You can also see what homes are available on the market right now by visiting our website: WestRealEstateGroup.com
April 21, 2022

APRIL 2022 REAL ESTATE NEWS

MONTHLY NEWSLETTER | APRIL 2022
West Real Estate Group Logo

Is Boise, Idaho no longer affordable?

Locals have been feeling this for years and now with interest rates on the rise, this is pushing the costs of homeownership up even higher. 

At times like these, when somebody finds out I am a Realtor, they often say, “you must LOVE this market” but I too am a local... I love helping people obtain the American dream of homeownership and it’s heartbreaking to witness locals being pushed out of this market. 

With so many factors facing our current market, you no doubt have questions.

  • If you own a home, should you sell now and cash in before the market changes?
  • If you are looking to buy a home, does it make sense to wait or move forward now?
  • What do we expect the next few years to bring?

Everyone has to live somewhere and since everyone’s situation is different, the advice we offer depends on many factors. Our team loves to ask good questions about your short and long-term goals so that we can offer the best advice to you. 

Don’t stick your head in the sand and end up having regrets. Let’s talk!

Please call us (208) 501-8200 or email us info@westrealestategroup.com and we will promptly respond.

At Your Service,

 
Real Estate News
 
 
1. BRR Market Report: March 2022

The median sales price for homes in Ada County reached $575,000 in March 2022, an increase of 22.6% compared to the same month last year, and a new record for the county. This jump was driven primarily by the new construction segment...

READ MORE  >
 
2. How To Approach Rising Mortgage Rates as a Buyer  
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important.
READ MORE  >
 

3. Why a Real Estate Professional is Key When Selling Your House 
With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. 
READ MORE >

 

4. On the Fence on Whether or Not To Move This Spring? If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. 

READ MORE >

 
 
 
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Testimonials
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"Always attentive and listened"

Our agent, Alex Zayshlyy with West Real Estate was amazing! He was very patient with us over the several months it took us to locate the home we wanted to purchase. He was always attentive and listened to our wants and needs. Alex always worked his magic in gaining access into the homes we wanted to view. Since we live out of state, he even took videos of homes for us to see when we were unable to visit the houses in person. Alex went above and beyond to make sure all questions were answered …making this a very smooth real estate transaction. Thank you Alex…you are the BEST!

-Kathryn Baldassari

The West Real Estate Group Team
 
Nationally Endorsed by Dave Ramsey
5.0 Google Business Review
This past week we traveled to Mexico to celebrate John’s 40th birthday. We visited Isla Mujeres, went scuba diving in a cenote, flew like a bird and bathed in a mud pit. We had a BLAST!

For the past three years we have been taking a week long trip just the two of us and it has been instrumental to our marriage and the vision we have for the company. We get the chance to dream about our future, get in some much needed R&R, laugh, and most importantly have fun together! We get to meet people with different backgrounds and perspectives as well as recognize the ruts we are stuck in. 

During this past trip it was amazing to see just how many people are glued to their phones nonstop. We vowed to be more self-aware of our distractions and to read more books. Next time you see us, ask us what we are reading and what our takeaways are. 

I hope that you too take time to get away with your spouse or someone you love. Read a book, meet somebody new, and have some fun! Life is too short and we are never guaranteed tomorrow.

Sincerely,
Victoria West
Thank you for reading our newsletter! 
April 6, 2022

Client Story: A First-Class Experience

 
"A First-Class Experience"
 
Meet the Wohlers - Andy and Nicole Wohler were needing a change of scenery and after doing extensive research on the best cities in America, their research pointed them to Idaho. After a visit to the Treasure Valley, they knew Meridian would be the best fit for them based on their values, political ideologies, the cleanliness, and safety. 

Their problem - Their biggest challenge was leaving what they knew behind and taking a giant leap of faith into the unknown! They had a home to sell and needed to find their new home in one of the most competitive and fast-paced markets in the country. 

Meeting Realtor John West - They first met John West through Dave Ramsey's ELP (Endorsed Local Provider) network and after speaking with a few different ELPs, they decided that he was the right fit for them. John asked great questions and listened to their feedback. They discussed the goals, timeline, and concerns that the Wohlers had with their move and could tell that John truly cared and was not just trying to sell them a house.

A plan that worked - Originally planning on buying a newly-constructed home, the Wohlers discovered that the building process would take much longer than they planned, so they changed their focus and had John seek out an existing home that would meet their wants and needs better. They had specific neighborhoods that were top of their list so John crafted daily listing alerts that matched their criteria and jumped on any new listings that could be a potential match. When the right home did appear on the market, they were prepared and ready to make their move. John was able to get their offer accepted having them officially in contract on a home!

Getting the job done - During the buying process, the Wohlers lived out of state. John stayed on top of all the details and helped them navigate the home inspection and contract-to-close process. He provided constant communication and worked hard to negotiate on their behalf and ensured they were on track for their closing. When the closing date finally arrived, they were able to close on time and without any issues. 

Advice from the Wohlers - If you are considering buying or selling a home, which will more than likely be one of the biggest financial transactions in your lifetime, do your due diligence when selecting a Realtor and trust your gut instinct. If your agent seems like they are just trying to make a sale then that's a huge red flag. The agent you choose will play a vital role in your purchase being a success or a process you never want to repeat.  
 
"We started looking for a home in Idaho and found John West through the Dave Ramsey Network. West Real Estate Group are such professionals and made the search for our new home a first-class experience. John listened to our list of wants and needs and developed a list of potential homes. The website was extremely helpful as well! Throughout the entire process, John made sure to keep in touch and check in with both of us during and after we completed our purchase. He and his team have streamlined the process to match you to your new home. We would highly recommend John and his associates to anyone looking to buy or sell a home!" -Nicole Wohler (Verified Google Review)

If you find yourself, or someone you know in a similar situation, we can help!
Give us a call today! (208) 501-8200 

P.S. You can also see what homes are available on the market now by visiting our website: WestRealEstateGroup.com
March 17, 2022

MARCH 2022 REAL ESTATE NEWS

West Real Estate Group Logo

How Rising Interest Rates Will Affect You


If you are thinking about buying and or selling a home this year, you'll want to keep a pulse on what's happening with mortgage rates as they have been climbing in recent months and are predicted to continue to climb this year. 

With home prices steadily climbing here in the Treasure Valley, many people have put their housing goals on hold hoping and waiting for things to change; however, the supply and demand issues that are causing our market's growth are not easily going away and the more people wait and put their real estate goals and dreams on hold, the more it has ended up costing them. 

Now, with interest rates also on the rise, waiting to make a move may cost you more if you wait, and could even cause you to not be able to afford to make a move at all. 

 If you are considering buying or selling a home this year, our advice is don't stand on the sidelines waiting for things to get cheaper.

Remember, real estate is a long-term investment, and making wise decisions should be based heavily on your own personal needs and goals, not just what is going on in the market at large. Give us a call and let's discuss your personal situation and then we can offer you the best advice that is personalized for you, your goals, and your timeline.

If you have questions we want to hear from you! Give us a call today at (208) 501-8200 or email us at info@westrealestategroup.com.

To schedule an appointment you can do so by clicking here. 

At Your Service,
The Team at West Real Estate Group

 

Interest Rates as of 3/16/2022

  • 4.25% (4.443 APR) ~ 30-Year, Conventional Fixed Rate, Primary Residence; assuming 720 credit score.
  • 3.50% (3.797 APR) ~ 15-Year, Conventional Fixed Rate, Primary Residence; assuming 720 credit score.
  • 4.00% (3.298 APR) ~ 30-Year, FHA/VA/RD (Primary Residence), assuming 660 credit score.
  • 4.875% (5.029 APR) ~ 30 Year, Conventional Fix Rate, Investment Property, assuming 740 credit score; with 25% down payment.
  • 5.125% (5.395 APR) ~ 30 Year, Conventional Fix Rate, Investment Property, assuming 740 credit score; with 20% down payment.
 
The West Real Estate Group Team
Market Snapshot
Real Estate News
 
 
1. BRR Market Report: February 2022
The median sales price for Ada County reached $549,900 in February 2022, an increase of 21.6% compared to February 2021, and a new record for the county. 
READ MORE  >
 
2. How Global Uncertainty Is Impacting Mortgage Rates  
Rates have been climbing in recent months, especially since January of this year. Learn more about how these changes may affect you.
READ MORE  >
 

3. How To Navigate a Market Where Multiple Offers Is the New Normal 
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you?
READ MORE >

 

4. Why It's Critical To Price Your House Right When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market

READ MORE >

 
 
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We need your help
Our team has a big goal of helping 200 families with their real estate goals this year. Who do you know that we might be able to help? Fill out the form below.
CLICK HERE TO PASS ALONG A REFERRAL
 
Testimonials
Red quote

"Derek was our Realtor

 and we couldn't have been more pleased. Derek has been in the real estate industry for almost 20 years and it shows! His expert knowledge was extremely valuable while choosing the best house for our growing family. You definitely can't go wrong with West Real Estate Group!

-Caleb Abernathy

Nationally Endorsed by Dave Ramsey
5.0 Google Business Review
Please help us in welcoming Luke Brodt to the West Real Estate Group family. Luke came on board a few months ago and has already experienced great success as an agent.

We are confident that he will be a huge asset to our team as we strive to meet our clients needs and know that you will love his down to earth demeanor and his get it done personality.

To learn more about Luke, please click here to read his bio. 
 
Thank you for reading our newsletter! 
March 3, 2022

Client Story: Overcoming Home Buying Struggles in Boise

Buying a Home in the Boise, Idaho Real Estate Market 2022

 

"It Matters Who Represents You!"
 
Meet the Henry's - Chris and Tracey Henry, both Idaho Natives, were looking to buy a house after renting for 10 years. They wanted to stop paying someone else's mortgage so they could start building their own equity, have a nice home to raise their son in, and be able to grow their family business by having access to their own shop for materials. In our current market, this was going to be a challenge. 

Their problem - After 6 long months of searching for a home with another agent, submitting offers only to be met with rejection after rejection, and going through two pre-approval processes they were feeling defeated and ready to give up. 

Meeting Realtor John West - They originally met John through Dave Ramsey's ELP (Endorsed Local Provider) program and although they felt that he was patient, informative, and low-pressure they decided to work with a family friend that was going to give them a 1% discount upon closing. Unfortunately, that agent was unable to get the job done for them and they kept running into dead-ends.

They thought their dream was unattainable, and after all but giving up, John simply had called to check in with them to ensure they had found a home. Tracey explained all that they had been through and shared their feelings of frustrations and the lack of hope they had in finding a home. John felt confident that he could help them successfully find and secure a home that fit their needs, wishes, and budget. With nothing to lose, the Henry's put their trust in him and decided to try again. 

A plan that worked - Within a few weeks, they had found a house that checked all their boxes and even had a shop! They were excited but also nervous to get their hopes up. John worked hard to negotiate with the seller's agent and by the end of the day, they had come to a win-win for all parties and the Henry's were officially in contract on their dream home! 

Getting the job done - Had the Henry's not placed their trust in John, they would have missed out on finding a home that they love, the incredible price appreciation that the Treasure Valley has experienced, and would have been continuing to pay some investor's mortgage. They now have a beautiful home to call their own and the space to scale their business. 

Advice from the Henry's - Do not let yourself be motivated with reduced costs when you choose a Realtor. Choose a Realtor who is experienced, informative, and easy to communicate with. It truly matters who you choose to represent you! 

 

Buying their first house in Boise Idaho real estate
If you find yourself, or someone you know in a similar situation, we can help!
Give us a call today! (208) 501-8200 

P.S. You can also see what homes are available on the market now by visiting our website: WestRealEstateGroup.com
P.S.S. The Henry Family runs a wonderful fencing company and should you need any fencing needs, they would love to help you!

Call them at (208) 514-8299 or visit their website to learn more: www.TreasureValleyFence.com

 

Feb. 15, 2022

FEBRUARY 2022 REAL ESTATE NEWS

Want Top Dollar for Your House? Now’s the Time To List It.

When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s the time to list.

1. Demand Is Very Strong This Winter

recent article in Inman News explains:

“Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists. . . . ‘Home shopping season appears to already be in full swing!’”

And they aren’t the only ones saying buyers are already out in full force. That claim is backed up with data released last week by ShowingTime. The ShowingTime Showing Index tracks the average number of monthly buyer showings on active residential properties, which is a highly reliable leading indicator of current and future trends for buyer demand. The latest index reveals this December was the most active December in five years (see graph below):

Want Top Dollar for Your House? Now’s the Time To List It. | Simplifying The Market

As the data indicates, buyers are very active this winter. Last December saw even more showings than December of 2020, which was already a stronger-than-usual winter. And remember – you want to sell something when there’s a strong demand for that item. That time is now.

2. Housing Supply Is Extremely Low

Each month, realtor.com releases data on the number of active residential real estate listings (listings currently for sale). Their most recent report reveals the latest monthly number is the lowest we’ve seen in any January since 2017 (see graph below):

Want Top Dollar for Your House? Now’s the Time To List It. | Simplifying The Market

And don’t forget, the best time to sell an item is when there’s a limited supply of it available. This graph clearly shows how extremely low housing supply is today.

Even Though Supply Is at a Historic Low, Home Sales Are at a 15-Year High

According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), existing-home sales totaled 6.12 million in 2021 – the highest annual level since 2006. This means the market is hot and homeowners are in a great place to sell now while sales are so strong.

NAR also reports available listings by calculating the current months’ supply of inventory. They explain:

“Months’ supply refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.”

The current 1.8-months’ supply is the lowest ever reported. Here are the December numbers over the last five years (see graph below):

Want Top Dollar for Your House? Now’s the Time To List It. | Simplifying The Market

The ratio of buyers to sellers favors homeowners right now to a greater degree than at any other time in history. Buyer demand is high, and supply is low. That gives sellers like you an incredible opportunity.

Bottom Line

If you agree the best time to sell anything is when demand is high and supply is low, let’s connect to begin discussing the process of listing your house today.


If you need to sell your home in order to buy a new one we have exciting news for you! You can leverage your current homes equity and make an offer on a new home without a contingency using something called a Bridge Loan. We are excited to offer this incredible option to our clients. Please watch the video below to learn more about it.

Feb. 1, 2022

Moving from California to Idaho - a Relocation Story

Boise’s real estate market made all sorts of headlines in 2021, the year that the Iseleys decided to make their move to our area.

With housing prices on the rise, inventory at an all time low and demand for housing at an all time high, the Iseley family was up against quite a lot as they searched for a new home. With certain criteria on the list of needs and wants, the Iseleys requested a house with specific square footage on or near the Boise river all while in a neighborhood that they felt safe allowing their kids to play outside.

Being a Realtor himself, Chris Iseley had high expectations for the local real estate professional, John West, that he hired for the job. With housing prices rising at an incredible rate and barely anything available on the market, Realtor John West made the impossible possible by finding them an ‘off market’ property in the exact neighborhood they wanted.

John was able to negotiate a price that was a win for the Iseley family and by the time they received keys to their new dream home they already had built in equity. Something new homeowners strive for in their buying experience.

With the Boise housing market expected to be the 2nd hottest real estate market in 2022, according to Realtor.com it will benefit you greatly to have an experienced and professional Realtor working on your behalf. Finding off market properties, buying with built in equity, selling with confidence and being relocation specialists are just a few of the tools we have available in our toolbox for our clients.

Looking to relocate to Idaho? Check out our relocation guide by clicking here

How much is your home worth? Find out by clicking here

Start searching for a new home

Check out our Google Reviews!

 

Jan. 18, 2022

January 2022 Real Estate News

 
West Real Estate Group Logo


2022 Real Estate Market Predictions 
 

As we move into 2022, both buyers and sellers are asking me, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? 

While I don't have a crystal ball to know exactly what will happen, we track the market closely both on a national level as well as on a local level, and here are some strong predictions of what we can expect: 
  • Home value appreciation will continue to rise amidst a supply and demand imbalance.
  • Rising rents will outpace home price growth in 2022.
  • First-time home buyers will continue to struggle amidst high prices.
  • We expect the 30-year-fixed mortgage rates to slowly rise from around 3% to around 3.6 by the end of the year.
  • Demand for housing in our local market will remain strong.

What Does This Mean for Buyers?

You should see your options grow as more homes are listed and some of the peak intensity of buyer competition starts to ease. Just remember, rising rates and prices are a great motivator for you to find the home of your dreams sooner rather than later so you can buy while today’s affordability is still in your favor.

What Does This Mean for Sellers?

Make no mistake – this sellers’ market will remain in 2022 as home prices are projected to continue climbing, just at a more moderate pace. Selling your house while buyer demand is so high will truly put you in the driver’s seat. But don’t wait too long. With more listings projected to become available, your ideal window of opportunity to stand out from the crowd won’t last forever. It's important to work with an agent who knows your local market and current inventory conditions to ensure you have the support you need to make an educated and informed decision about selling in the coming year.

Bottom Line

While it's good to be informed about what the real estate market is doing, we believe it's most important to focus on your personal goals first instead of trying to time the market.

Give us a call today at (208) 501-8200 or email us at info@westrealestategroup.com.

You can also schedule an appointment by clicking here. 

At Your Service, 

John West, Real Estate Consultant & Associate Broker at West Real Estate
Market Snapshot
Real Estate News
 
 
BRR Market Report: December 2021 and Year-End Analysis
1. BRR Market Report: December 2021 and Year-End Analysis
When summing up the 2021 Ada County housing market, one could easily argue that this past year brought the most fast-paced market we’ve ever seen...
READ MORE  >
 
Why inflation shouldn't stop you from buying a home in 2022
2. Why Inflation Shouldn't Stop You from Buying a Home in 2022.  
If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs and more.
READ MORE  >
 
Why waiting to sell your house could cost you a small fortune

3. Why Waiting To Sell Your House Could Cost You a Small Fortune
Historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm.
READ MORE >

 
There won't be foreclosures in the housing market.

4. There Won't Be a Wave of Foreclosures in the Housing Market 
When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments.
READ MORE >

 
 
Acreage Homes
55+ Homes & Communities
New Homes & Developments
Homes with a shop
Luxury Homes
Horse property
SEARCH BY PRICE
SEARCH BY AREA
How much is your home really worth?
 
We need your help
Key infographic showing how many families we've served in 2022
Our team has a big goal of helping 200 families with their real estate goals this year. Who do you know that we might be able to help? Fill out the form below.
TELL US, CAN WE HELP YOU OR SOMEONE YOU KNOW?
 
Testimonials
Red quote

"John's experience helped us navigate the crazy Boise real estate market with ease.  

We were lucky enough to get work with John, Derek and the team at West Real Estate Group while we were both selling our old home on the Boise Bench and purchasing our new home in North Boise. The team method they have is incredible and ensures that through the trying process of real estate buying/selling we were never left out or felt unsure of our choices. There were weekly check-ins to ensure everyone was on the same page, positive attitudes, and a very realistic knowledge of the market and honesty with us as customers.

-Megan Alton

Nationally Endorsed by Dave Ramsey
5.0 Google Business Review
West Family Adventures Collage
_________________
 
We embraced all the snow that fell during the month of December up at the West Mountain Retreat. From cutting our own Christmas tree in the Boise National Forest, to taking the girls to soak at The Springs, to sledding and warming up next to the fire. We feel so blessed to live in such an amazing place with four complete seasons. During the winter the days are shorter, allowing us to get more rest, and the snow covered landscape of the Idaho mountains brings with it a peaceful silence and beauty.

We hope that you and your family are taking advantage of this season, getting some much needed rest and looking forward to all that 2022 has in store.

- John & Victoria West
 
The West Real Estate Group Team
Thank you for reading our newsletter! 
From top left: CJ WestwoodDaniel WestNicole BrusheyDerek CasselChandra LopezAlex Zayshlyy From bottom left: Marena CrouchVictoria WestJohn WestNelja Westwood
Dec. 16, 2021

December 2021 Real Estate News


What do you think about our NEW logo?


This past fall West Real Estate Group celebrated its 10th anniversary of being in business which has been a true testament to perseverance, dedication, and good old fashion hard work. Did you know that 65% of businesses fail within the first 10 years? That's a pretty staggering statistic!

With this milestone moment, we felt it was the opportune time to give our branding and logo a makeover and to take the business from John's "baby" to John and Victoria's "baby." Transitioning the business from one owner to co-owners has certainly had its ups and downs, especially since the co-owners are husband and wife, but we know that working together on a common goal will help us to achieve unsurmountable success.  We are working harder than ever to provide our clients, our community, and our team members with tremendous value and service. 


We care so much for our clients and those that we get the opportunity to interact with on a daily basis! We believe what sets us apart from our competition is our family-style team and our desire to serve with the heart of a teacher. We want what's best for our clients and work tirelessly to provide that for them. 

This next year we would love your help... We have a lofty goal of serving 200 families with their real estate needs and who better should we align ourselves with but the clients and friends that we already have a relationship with. We owe so much of our success to you who have trusted us, and do not take that trust lightly, so from the bottom of our hearts, THANK YOU! 

If you or someone you know is in search of a new home or is interested in learning how they would go about selling their home, would you please pass our info along to them? 

We would greatly appreciate it. 

Give us a call today at (208) 501-8200 or email us at info@westrealestategroup.com.

You can also schedule an appointment by clicking here


Sending you and yours the warmest wishes this Holiday Season!

Sincerely, 

John and Victoria West

 
Real Estate News
 
 
1. Boise Regional November 2021 Market Report 
In November 2021, the median sales price for newly built homes in Ada County was $601,301— passing the $600,000-mark for the first time. The median sales price for all single-family homes in Ada County was $537,900 in November, a +25.1% increase year over year.
READ MORE  >
 
2. What Everyone Wants to Know: Will Home Prices Decline in 2022?  
The good news is, according to experts, home prices are not projected to decline. Here’s why...
READ MORE  >
 

3. If You Think the Housing Market Will Slow This Winter, Think Again.
Are you waiting and hoping that the prices will be lower this next year? This may end up costing you... 
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4. Struggling to Find a Home to Buy? New Construction May Be an Option.
Should you buy an existing home or a new home? Here are some benefits you should consider.
READ MORE >

 

5. How Smart Buyers Are Approaching Rising Mortgage Rates
Experts project rates will continue to rise through 2022. How will this affect you... 
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Testimonials

"It's the heart of a teacher, communication, and genuine concern for their clients that make them stand out.

John and his team will take the time to find the right home for you. They are not interested in selling you a building but in helping you find a home.  They also have an excellent system to sell your home.

Beyond that, it’s the heart of a teacher, communication, and genuine concern for their clients that make them stand out. In today’s market, you have many choices, but none as committed, dependable, and dedicated as this team. We appreciate all they have done for us, it is truly a different experience.

-Aric McCullough

Dave Ramsey's Endorsed Local Providers
 
The Zayshlyy family just had a new baby boy!
Please help us in welcoming baby Evan into the world! Our team member Alex is now the proud Dad of three healthy and strong boys. We could not be happier for their beautiful family!
 
This past weekend was our Annual Team Retreat in McCall, Idaho. We spent the weekend with our spouses and team planning for the new year and connecting as a team. We had such an amazing time and left the weekend revitalized. You may notice that Derek's daughter Artemis, is the only child in the photo. She broke her leg a few days before the retreat so she got the special treat of joining us this year!
Can we ask for your help?

Our team has a big goal of helping 200 families with their homeownership goals this next year. Who do you know that we might be able to help?
 
TELL US, CAN WE HELP YOU OR SOMEONE YOU KNOW?
 
Dec. 16, 2021

November 2021 Real Estate News

We’re starting to see a slight shift in the Boise home market. While homes still sold for near record highs for the last few months, we haven’t seen the same month-over-month price jumps. Properties aren’t flying off the market quite as fast as they were this Spring and Summer.  

What does this mean if you’re trying to buy a home? October marked the 7th consecutive month of increased inventory. Although we are still in a sellers market, price reductions and/or contingencies are becoming more commonplace. This shift in the market is allowing buyers more time to make decisions, as they typically do not need to compete against multiple cash offers and pay thousands over list price to get into a home. This window of opportunity enables buyers to have more options and to take advantage of historically low interest rates before they increase.

What does this mean if you’re trying to sell a home? Median sales prices of single-family homes in the area have increased an average of 35.5% year-over-year. Although sellers have had a great run at increasing prices, we are now starting to see a teeter totter effect in median home sale averages. If you’ve wanted to cash in on all the equity you’ve accumulated now would be a great time to do so. The demand is still strong so if you are trying to sell to buy, the timing could not be better. As spring rounds the corner inventory will likely rise as will the competition in the marketplace.

We're sure you have questions. We're here to help. Our experienced agents are ready to help you through the real estate buying and selling process. Give us a call today at (208) 501-8200 or email us at info@westrealestategroup.com.

You can also schedule an appointment with us by clicking 
here. We're thrilled to help you find the home that's right for you.

Sincerely, 

West Real Estate Group

 
Real Estate News
 
 
Boise Regional November 2021 Market Report
1. Boise Regional October 2021 Market Report 
Prices drop slightly as Ada County housing market slows its rapid pace...
READ MORE  >
 
Experts Project Mortgage Rates Will Continue to Rise in 2022

2. Experts Project Mortgage Rates Will Continue to Rise in 2022
Here’s a look at what several experts project for mortgage rates going into 2022...
READ MORE >

 
Renters Missed Out on $51,500 This Past Year

3. Renters Missed Out on $51,500 This Past Year
When deciding whether you should rent or buy in the future, keep in mind how much renting can cost you...
READ MORE >

 
Does Your House Have What Buyers Want?

4. Does Your House Have What Buyers Want?
With the continued rise in remote work, more buyers are looking for homes that can support multiple...
READ MORE >

 

5. What's Happening with Home Prices?
According to the latest Home Price Index from CoreLogic, home values have increased by 18.1% compared to this time last year...
READ MORE >

 

6. 4 Things Every Renter Needs To Consider
As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home?
READ MORE >

 
Buyer & Seller Resources
 
 
 
Testimonials
 

"We found West Real Estate Group through Ramsey Solutions Endorsed Local Provider (ELP) list.

Almost immediately we received a call from John West who took time to meet and get to know us BEFORE asking for what our real estate needs were - very refreshing! We then worked closely with Derek to find the right house. Being first-time home-buyers, working with Derek has been amazing; he was always finding ways to educate us along the way. And the happily ever after? Well, we found our first home! We highly recommend West Real Estate Group. They truly have a heart for educating and advocating for their buyers." 


-Elizabeth Codde

5-Star Google Rated Business
Dave Ramsey's Endorsed Local Providers
 
In October, we enjoyed watching our team member Nicole Brushey tie the knot. We were so thrilled that she invited the entire company to attend and enjoy such a special day! It was an amazing celebration and we're so happy for you Nicole. Way to close the deal!
The West Real Estate Group team. From left: Marena Crouch, Chandra Lopez, John West, Victoria West, Nicole Brushey, Alex Zayshlyy, Derek Cassel, Daniel West, Nelja Westwood, CJ Westwood
 

We wanted to take a moment to thank you for reading our newsletter and supporting us. We're truly grateful for our community. Your referrals, trust, and confidence in us are everything. We run this business with our whole hearts and we're so appreciative of you!

We hope you have an amazing Thanksgiving!

Sincerely, 

Victoria & John West and the West Real Estate Group Team

 
Can we ask for your help?

Our team has a big goal of helping 200 families with their homeownership goals this next year. Who do you know that we might be able to help?
 
TELL US, CAN WE HELP YOU OR SOMEONE YOU KNOW?