John L. Scott Real Estate
Monday, April 22, 2019
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Tuesday, August 20, 2013

Water managers for the Treasure Valley's largest irrigation will shut off water to 500 miles of canals on September 5th, marking a very early end to the irrigation season.

Officials with the Nampa & Meridian Irrigation District made the announcement today 8/20/2013. 

Typically, the irrigation season starts mid April through the first week of October.

Low snow pack and below normal precipitation are to blame for the early shut off.

What this means homeowners..... if available switch your sprinklers to city water or drag out the sprinklers to continue watering lawns and landscaping.  This is crucial to homeowners of new construction with new sod or seed.

Posted by dawnmitchell at 8/20/2013 6:54:00 PM
Wednesday, July 31, 2013

There’s been a lot of talk lately in markets across the country about a new housing bubble. A bubble is defined as period of time where the value of something — in this case, property — is based on ungrounded speculation of its future worth. The fast switch to a sellers’ market in many areas plus rising home prices and shrinking inventory have many people speculating that real estate values are climbing irrationally high. But that may not be the case.


Posted by dawnmitchell at 7/31/2013 7:24:00 PM
Friday, June 14, 2013
Posted by dawnmitchell at 6/14/2013 2:56:00 PM
Wednesday, June 12, 2013

Mortgage rates are rising.... They are projected to be near 5 percent by this time next year, compared to the 3.5 percent average of the past 12 months. Certainly, rising rates are bad news for buyers and some potential homebuyers will be pushed out of the market. For example, the number of renter households that have sufficient income to buy a $177,000 home at a 3.5 percent mortgage rate is 17.8 million. The number drops to 14.9 million at a 5.0 percent mortgage rate, which is a decline in percentage terms of 16 percent. 

Posted by dawnmitchell at 6/12/2013 5:23:00 PM
Saturday, June 1, 2013
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