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

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... 
READ MORE >

 

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... 
READ MORE >

 
 
 
 
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?
 
Dec. 11, 2021

Real Estate Insights

Real Estate Insights

Two Reasons Why Waiting To Buy a Home Will Cost You
Two Reasons Why Waiting To Buy a Home Will Cost You
If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase a home.
Read the Full Post
Thank You for Making Me Your Real Estate Advisor
Thank You for Making Me Your Real Estate Advisor
Thank you for your business and partnership for life. Let's connect if you have any questions right now.
Watch the Video
 
Don
Don't Believe Everything You Read: The Truth Many Headlines Overlook
There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise.
Read the Full Post

Thinking of selling?

Download my free eGuide covering the things to consider when selling your house.

Download Now

Thinking of buying?

Download my free eGuide covering the things to consider when buying a home.

Download Now
 
West Real Estate Group
(208) 501-8200
www.WestRealEstateGroup.com
 
Posted in Buying a Home
Nov. 16, 2021

October 2021 Real Estate News

How to buy and sell a home at the same time with John West, West Real Estate Group Associate Broker. Click to watch.

Welcome to the West Real Estate Group monthly newsletter! We're so glad you're here. Each month, we'll bring you the latest in the Greater Boise area real estate news, local area highlights, featured listings, events, local promotions and more!

As proud Boise residents, we're thrilled to share our expertise and love for the area. We work tirelessly to bring you the very best opportunities in buying and selling. We won't rest until you find the home and community that's right for you. 

Interested in buying or selling your home? Give us a call at 208-501-8200 or book an appointment with us
here to see how we can help. 

We look forward to helping you find the home that enriches your life. 

Sincerely, 

Victoria & John West
 
CALL US AT 208-501-8200 
SEND US A MESSAGE >
 
Real Estate News
 
Boise Regional September 2021 Market Report 
Competition for homes has been fierce for nearly a year, and as market times fell, more buyers were willing to pay over list price...
Read More  >
 
The Main Key to Understanding the Rise in Mortgage Rates 
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as...
Read More >
 
Two Reasons Why Waiting a Year to Buy Could Cost You 
To determine if you should buy now or wait, you need to ask yourself two simple questions...
Read More >
 
Reasons You Should Consider Selling This Fall 
If you’re trying to decide when to sell your house, there may not be a better time to list than right now...
Read More >
 
Search Homes by Lifestyle
 
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Homes with a Shop
Horse Property
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55+ Homes & Communities
Homes with RV Parking
New Homes & Developments
 
How much is your home worth? Get instant property value now!
 
Testimonials
 

"AMAZING! John West and the West Real Estate Group team once again exceeded our expectations. Selling a home can be a huge task, but after sitting down with John and having him walk us thru our potential home sale scenarios it made so much sense and eased our concerns. John had a professional approach to fair market pricing as well as advertising. Needless to say, West Real Estate Group sold our house in just two days and the process went seamlessly."

 

-Jay Verly

200+ 5 star google reviews. Read even more reviews on google.
 
 
West Adventures - Meet the West family and get to know the area!
Hi there! Victoria West here (Director of Operations). It's so nice to e-meet you!

As a native Idahoan I’m thrilled to share my favorite things about the greater Boise area - especially during fall! With so much to offer, everyone can find their favorite way to soak in the changing leaves and cooler weather. Check out Totally Boise's Fall Guide to Boise to find fall fun for everyone. 


This time of year I love taking hikes in the Treasure Valley as a family, enjoying the last little bit of the boating season and being outdoors as much as possible. And of course, it wouldn't be fall without a visit to the Lowe's Family Farmstead

Boise is my home and where I grew up. I'm so excited to share my favorite tips and tricks for getting the most out of the region each month. I'll also share some fun family photos along the way. 

John and I put our whole hearts into this business. We love where we live. We're so happy to highlight the place we call home.

Please reach out if you have any questions about the area. We're here to help!

-Victoria West

Victoria lives in Meridian with her husband John and three daughters, Annaliese (L), Ophelia (M) and Sophia (R) - top photo
 
Employee Spotlight
Welcome to the West Real Estate Group Family, Macey Mclaughlin!
Macey McLaughlin, Client Care Coordinator West Real Estate Group


Macey is our new Client Care Coordinator, acting as the first point of contact for our new prospective clients. She will ensure that their needs are met and exceeded as they begin the process of buying or selling a home through West Real Estate Group. 

Our current Client Care Coordinator Marena Crouch, will be transiting into a new role and is still a big part of the West Real Estate Group family. 
 
West Real Estate Group
REFER WITH CONFIDENCE HERE
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Dave Ramsey's Endorsed Local Providers
West Real Estate Group Facebook
West Real Estate Group Twitter
West Real Estate YouTube Channel
Join John West on LinkedIn

Aug. 26, 2021

Thank You for Attending Our 6th Annual Client and Friends Event!

Thank you for Attending!

Thank you to those that were able to attend our 6th Annual Client and Friends Appreciation Party at Zoo Boise! This year we had over 500 RSVP's for this event. Thank you so much for those that came out to make the evening a special one. For all of those that weren't able to come this year, be on the lookout for the invite next year to make sure you don't miss out on this special evening event. We love to put on this event each year as a small way to say thank you for your continued trust in us and for the referrals you continue to send our way. 

Now a huge congratulations to Kezia McNab, for winning the photo contest!

Photo Contest Winner

 

Photos of the Event!

 

July 28, 2021

6th Annual Client and Friends Appreciation Party at Zoo Boise (August 2021)

Join Us for an Evening at Zoo Boise as Our Guest!

Event Details:
When: Friday, August 20th, 5:30pm to 9:00pm
Where: Zoo Boise, located at 355 Julia Davis Dr. Boise, ID 83702

Conservation Cruise • Zoo Farm Feeding • Butterflies in Bloom
Temporary Tattoos 
• Carousel • Food and Drinks Provided • Photo Contest

Event Description:

You are invited to join us as our guest, at our 6th Annual Client and Friends Appreciation Party at Zoo Boise! We are so excited to host this event this year to connect with our clients and friends and say thank you for allowing us to serve your Real Estate needs. 

Please join us for an evening of fun. We look forward to seeing you there!

P.S. If you have been thinking of buying or selling a home, our current market conditions have just shifted and created a window of opportunity that won't last long. Call us to learn more (208) 501-8200.

Registration for this event is now closed. Please contact our team with any questions at 208-501-8200

 

We believe that buying and selling real estate should be less complicated and more enjoyable. We are a group of people who are obsessed with educating, empowering, and helping people obtain the American dream of homeownership.

West Real Estate Group

Photos of the Previous Event!

Aug. 4, 2020

Q: What is the Status with Our 2020 Zoo Boise Event?

Here’s an update on one of our favorite functions of the year. 

 

Buying a home? Click here to start your new home search
Selling a home? Click here for an INSTANT Home Value Check 
Call us at (208) 501-8200 for a FREE home buying or selling consultation

 

As many of you know, our Client and Friends Appreciation Party at Zoo Boise has become an annual tradition. Unfortunately, due to COVID, the zoo is only allowing 50 people in after hours, including their employees. We could try to downsize the event significantly, but since nearly 400 people joined us last year, that option is neither feasible nor fun. Please know that we cherish hosting this event, as it gives us a chance to celebrate those around us who make the West Real Estate Group’s success possible.

July 8, 2020

Q: Want to Know What Your Home’s Value is Doing Each Month?

We’re excited to announce the launch of our market reports. 

 

Buying a home? Click here to start your new home search
Selling a home? Click here for an INSTANT Home Value Check 
Call us at (208) 501-8200 for a FREE home buying or selling consultation

 

A lot of our clients have been asking us about property values and if they’re dropping as a result of the pandemic. In reality, they’re actually going up. The lack of supply and strong demand for housing is playing a huge factor in keeping our Idaho home values strong. With such a limited supply of homes available for buyers, home values here in Ada and Canyon counties are on the rise.

 

Many of our clients have been asking us how their home value is changing and you might have similar questions. We hear questions like; 

 

“What did my neighbor's home sell for down the street?”

 

“How fast are homes like my house selling for? 

 

“Are you seeing home values dropping or are they still up?”

 

We’ve built technology that lets you know exactly what’s going on in your neighborhood. Market reports are a free service that we provide which gives you instant access to your neighborhood’s unique real estate market. 

 

Whenever a home comes up for sale, goes pending, or closes, you’ll be able to view its amenities, features, photographs, and how long it actually takes the home to sell. All of this information is right at your fingertips 24/7/365.

 

This is another valuable service we want to provide to you so you can keep track of one of your biggest investments. We know that having access to this type of information will create real estate-related questions, so know that we’re at your service to answer any and all questions you may have.

 

 

Get set up on your own neighborhood market report now! Complete the quick form below and we will get you set up right away.

 

 

If you have any other questions for us, don't hesitate to reach out via phone or email. We look forward to hearing from you soon.

June 10, 2020

Q: How Much Is My Home Worth Now?

I’m explaining how to find out what your home is worth at any time. 

 

Buying a home? Click here to start your new home search
Selling a home? Click here for an INSTANT Home Value Check 
Call us at (208) 501-8200 for a FREE home buying or selling consultation

 

This is a question we are hearing a lot right now. If you live here in Idaho or have stayed abreast to our local housing market, you may not be surprised to find that home values have been on the rise for a while now. 

 

However, with a nationwide shutdown, many are asking how that has affected home values in our area. Typically, the reason for this question is one of three things: 

 

1. You might be considering selling and want to know how much your home is worth.

2. You might be thinking about refinancing to take advantage of incredibly low interest rates. 

3. You might simply be curious about how much values have changed and how much your net worth has increased.

 

Regardless of your reason, we have created a tool that will provide you with instant and reliable information to help assess how much your house may be worth. Visit IdahoHouseValue.com, click “Sell Your Home,” enter your address, and the site will draw together recent sales in your area. This snapshot will give you a range of your home’s value. Even though it is an estimate, it will give you a starting point.

 

From there, you’ll see a button in the top right corner that says “Get Expert Valuation,” which allows us to reach out to you after we have fine-tuned those numbers for more accuracy. If you are contemplating selling or refinancing and need a more precise number, we would be glad to find it for you. 

 

As always, if you have questions about this or any other real estate topic, watch some of our other videos, or reach out to us by phone or email; we’d like to hear more about your real estate needs.

May 19, 2020

Q: Is It a Good Time to Buy a Home Right Now in Idaho?

These 5 factors will help determine whether you should buy a home.  

 

Buying a home? Click here to start your new home search
Selling a home? Click here for an INSTANT Home Value Check 
Call us at (208) 501-8200 for a FREE home buying or selling consultation

 

Is It a Good Time to Buy a Home Right Now in Idaho?

 

As real estate agents, we often say that “every day is a good day to buy.” However, here at West Real Estate Group, we try to address the question of “Is now a good time to buy?” by first asking you some questions about what is going on in your personal world. Sometimes, while it might be good for many people to buy a home, it might not be the right time for you. 

 

To help you decide if this might be a good time for you to buy a new home, let’s first discuss why it might not be the right time for you. 

 

Here are five reasons why it might not be the right time to buy a house:

 

1. If you do not have job security. This is a real factor for many people right now and might give you cause to hold off on a purchase until you have more stability.

 

2. If you have little to no down payment. While there are options for 100% financing or low down payments, we advise our clients to have both a down payment and emergency fund so their dream home purchase doesn’t turn into a nightmare.

 

3. If you tend to move every year. If you don’t like to live in the same place for very long, buying might not make the most sense for you. 

 

4. If you are in an unstable relationship. Relationships can be messy and unfortunately, sometimes they end. We’ve been able to help a lot of divorced and separated homeowners but it is always a much more complicated process. If this might be the case for you, we recommend that you make sure you can afford the monthly payments on your own just in case. 

 

5. If you are in a declining market. Luckily for us here in the Treasure Valley, we have seen some of the highest home appreciation rates in the nation, and with the strong demand we have from people relocating to our area, this trend seems to be something we will continue to see for quite some time.  

 

Now let’s talk about the five reasons why it might be a great idea for you to buy a new home now:

 

1. You have job security.

 

2. You have a down payment saved up and some reserves in place.

 

3. You like the area you live in and do not plan to move out of state anytime soon.

 

4. You are in a stable relationship and/or can afford the monthly home payments on your own.

 

5. You want to take advantage of the incredibly low-interest rates.

 

 

TIP: Visit our website to start your search today

 

These are just a few of the reasons that buying a home might be a great idea for you at this time, however, the answer to this question really comes down to what is going on in your personal life. We recommend that you discuss your goals and situation with a professional and experienced Realtor. One who has the heart of a teacher and not a salesman. Someone who will ask you the right questions and have the integrity to tell you the truth. 

 

If you’d like us to take a look at your situation and help determine whether buying a home right now makes sense for you, don’t hesitate to reach out to us. 

 

We’d love to hear from you!

Posted in Buying a Home