Peterson & Associates

How Much Leverage Do Today’s House Sellers Have?

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory of homes available for …

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How to Make a Winning Offer on a Home

Today’s homebuyers are faced with a strong seller’s market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical stage of the …

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Are There Going to Be More Homes to Buy This Year?

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale …

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Nampa Christian Schools “Country Fair & Auction”

Are you looking for ways to support your community? Well, today we are sharing about a great opportunity to support the Nampa Christian’s Schools Annual Fair and Auction. “Nampa Christian Schools has been hosting an Annual Country Fair and Auction for nearly six decades now. In that time, millions of dollars have been raised to help …

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3 Reasons We’re Definitely Not in a Housing Bubble

1. This time, housing supply is extremely limited The price of any market item is determined by supply and demand. If supply is high and demand is low, prices normally decrease. If supply is low and demand is high, prices naturally increase. In real estate, supply and demand are measured in “months’ supply of inventory,” …

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5 Things to Consider When in a Multiple Offer Situation

It seems like there are multiple offers on each home that is newly listed these days. Here are 5 things you might not know about the offer process.  The Listing Agent must present all offers to the seller. Your offer will be seen by the seller. It is the law.   The Listing Agent must treat all …

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