Today Show

On the Today Show this morning they had several people talking about the "real estate bubble bursting". The thing that they fail to mention is that they are not talking about our market. They are talking about the large cities around the country. Our market has never followed those trends. We are always way behind the trend.

Right now we are back up to the "normal" (pre 2005) amount of listings actively on the market. We still only have a 4.5 month supply of homes. Which means that we are still in a Seller's market. When we have a 6 month supply of homes, that is where the market is even for the Buyer & Seller. Our average days on market are at 89 days.

The Sellers that have been reaching for the stars are not selling. Those that are being realistic will sell in a reasonable amount of time. We are past the day of "bidding" on homes and missing out. Thankfully the Buyers will be able to think about their purchase for a day or two without missing out.

Please watch the articles in the Idaho Statesman as well - look at the city that the article was pulled from. You may see many others than those from Idaho.

Please visit HomesNBoise.com to view homes for sale in the Treasure Valley Idaho area.