Bob Kratt
Silvercreek Realty Group
Direct:208.286.0384
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If you are looking for Boise Idaho Real Estate you have come to the right place. You can use my Home Search to view all listed properties in the Intermountain region. If you would like to have all new listing that meet your preset criteria daily just sign into the Dream Home program or my automated home search. When you look under Tour Virtually you will find listed properties and tours of Treasure Valley area subdivisions. I hope you find my website helpful in your search for that perfect property and please do not hesitate to call or email if you have questions.

Buying a Home in a Buyer's Market


When is the best time to buy a home? With many markets reporting an abundance of homes for sale, and interest rates remaining at near historic lows, now might be one of the best times in recent memory. While today’s real estate market does offer advantages to buyers, consumers still need to be savvy in order to get the best deal they can.

Watch Mortgage Rates. Pay attention to the mortgage rates and recognize that buying a new home will likely result in a change in your mortgage rates. How much? A monthly payment of a 30-year fixed 6.00 % mortgage rate on a 300,000 loan is $1,798.65 Principle and Interest. The monthly payment at today’s 4.75 rate is $1,564.94, representing a $233.71 decrease in your monthly house payment. Today’s home mortgage rates are at historic lows, if you are planning to purchase get preapproved for your home loan.

Shop Around. But Don’t Wait Too Long. The National Association of REALTORS reports that, on average, homes stay on the market for 7.5 months. The increased inventory gives homebuyers a great opportunity to compare homes that meet their needs. However, this does not mean that homebuyers should procrastinate. If you find a house you love, put in your bid and negotiate. Don’t provide an opportunity for another buyer to make an offer.

Do Not Try to Time the Market. When home prices are lower, it is very tempting for potential buyers to try to wait as long as possible in the hopes that prices will decline even further. This strategy can be detrimental because when there is high inventory, smart sellers price their homes properly – not according to past sales but according to current conditions – so their homes will sell in a timely fashion. Once a home is priced to what the current market conditions, buyers will make offers. If you are waiting for the very bottom in this buyers market you may miss it. Today’s prices may well be the bottom?

Finally Negotiate on the Incentives. Sellers eager to move their homes may offer you a variety of incentives such as cars, trips, and even credit card bill payment. If you accept an incentive, make sure it makes sense for you. Instead of having your bills paid, you may opt to have the seller renovate the master bathroom or install new flooring. Of course, you can always ask the seller to simply deduct the amount in question from the list price.

If you are considering a good place to retire, the Boise area is one of the very best. The Boise Metro – Treasure Valley Area has numerous retirement developments of senior housing, 55+ communities and assisted living facilities. Many of the senior living communities are located near golf courses. For those who love to golf, this would be a great place to live. When you retire to Boise, you will find the retirement developments are typically located near shopping and major roadways for easy access. Retirement communities are quiet developments for seniors, while offering activities to keep the residents socially connected and involved.

There are an abundance of reasons to retire to Boise ranging from great home values to moderate weather to reasonable cost of living. Retirement communities in the Boise Area range from nice, comfortable mobile home parks to high-end homes designed specifically for senior residents. Most 55+ communities are gated for additional security. Typical senior housing will have spare bedrooms for guests and spacious living areas to entertain. Retiring in Boise does not mean you will have nothing to do with your time. The area is abundant with outdoor activities for active seniors who are not ready to slow down. If you choose to keep yourself busy indoors, there are many events that retired, seniors would appreciate. Boise has a number of museums, historical sites to visit as well as countless opportunities for seniors to volunteer their time and expertise.

For more details of why to consider Boise for relocation and retirement, be sure to choose the "Information" tab, then the "Retiring in the Boise Area" page.


You will find an up to the minute report of all the listings available in retirement, 55+ communities by selecting the "55+ Idaho Communities" page.


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Presented by Bob Kratt, Idaho Realtor

Boise Home Buyers: Baby Boomers
Thu, 03 Feb 2011 18:20:39 +0000

Thank you for once again visiting my Boise Area Homes website and blog! In this entry we will discuss an interesting new trend in Boise Real Estate: the baby boomer generation!

In a new trend the Baby Boomer generation is entering retirement early and findings indicate they are bucking the very idea of what being a retiree means.Turns out Baby Boomers are no slouches when it comes to taking their retirement time and making the most of it, with Boomers being among the most active and social of recent retiree generations.

This could mean big changes in the housing industry in the years to come, including what new retirement communities will look like.

Today’s boomer retirees are still very active and adventurous as well as highly connected, a survey by Shea Homes shows. They want to travel and enjoy their family and friends and seek to be a vibrant part of the community. Understanding and taking care of the needs of this new generation of retiree’s is integral to offering a complete set of real estate skills to this growing market.

The survey mentioned has also  found that social media isn’t just for the younger set. Boomers say “they prefer collecting friends on social networks just as much as they do recipes – and even rank it slightly higher (37.28%) than collecting pictures of the grandkids (33.64%). This reinforces the impact of having a strong digital presence on social networks like Facebook and Twitter for today’s progressive real estate professional.

Among the most important factors to this boomer generation? Location, location, location of course! Being within driving distance to family and friends ranked as the most important factor of maintaining a balanced lifestyle for this active group.

Retirement is now focused on a new chapter of life, full of re-invention, instead of simply an “end phase.” Traveling, new hobbies, and being active rank high on the list of what retirees look forward to. Overall, boomers are interested in healthy relationships and strong mind-body balance. Thankfully Boise offers many of these amenities right at hand as it is centrally located within the state, which means not only being a hub for some of the best medical care in Idaho, but also being near outdoor activities and within easy traveling distance to friends and family. In addition outlying cities like Eagle and Meridian offer a wealth of 55+ communities perfect for the independent retiree.

Are you looking for homes in the Boise area? Boise has a number of great homes on the market right now including many wonderful retirement communities. Visit my Boise Area Homes website to find homes in Boise or anywhere in Idaho quickly and easily!





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Boise Area Homes Boise Homes Online 55+ living in boise bob kratt homes boise area homes boise home search boise homes online boise retirment living


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