Nationwide Open House - This Weekend!

Our weather looks good for this weekend in Boise, which is terrific since we have the Nationwide Open House scheduled!

For Red Barn, we will have open houses in all sorts of places:

1. Paramount will be open all weekend from 12-5, located just off Meridian Rd between Chinden and McMillan. New homes from $169,900.

2. Homeplace will be open all weekend from 12-5, located just off State St. and Duncan. New homes from $149,900.

3. Brownstone will be open all weekend from 12-5, located just off Lake Hazel, East of Five Mile. New homes from $149,900.

4. We have a 4 bedroom, 3.5 bath home at 6072 Schooner in Surprise Valley that will be open both Saturday and Sunday from 1-3. Priced at $495,000.

5. We have a 3 bedroom, 2.5 bath townhome off Cobbler in the Peachtree Community that will be open Saturday from 11-1. Priced at $129,900.

6. 11848 W. Mesquite, a 3 bed, 2 bath, single level home will be open from 2-4 on Saturday. Located just off Fairview and Cloverdale. Priced at $143,900.

Please be sure to come see us, or call if you need any help!
208-342-1997

Winners and Losers - The Olympics

I saw this article this morning and thought it was an interesting wrap up to one of the most entertaining Olympic Games I've ever experienced. If you, like me, have been a bit of a snow junkie over the last few weeks and are trying to get just a little more entertainment, here's an interesting article about how the games shook out.

Enjoy!

http://preview.tinyurl.com/y9rtcal

Boise Young Professionals and Smart Growth Principles

The Idaho Business Review published a terrific article today about attracting young professionals to Boise and how important the Principles of Smart Growth are to these residents. Take a look! http://tinyurl.com/yfdstas

Kit Fitzgerald
Red Barn Real Estate

The Details on the Tax Credit Extension and Expansion

We are all cheering for the extension and expansion on the tax credit. I've attached a link that shows you all of the details, but here are the highlights:

• First Time Homebuyers - $8,000 tax credit available.
• Existing Homeowners - $6,500 tax credit available as long as during the last 8 years, you live in the home you owned for 5 consecutive years.
• Must be in contract by April 30, 2010 and close by July 1, 2010
• Income limits have risen to $125,000 for an individual and $225,000 for a married couple.
• Home must be $800,000 or less.

For complete details, take a look at the link, but this is a wonderful reason to buy and sell - for those of you looking to move into a large home, there are first time homebuyers waiting for your home to go on the market. You can now take advantage of the extremely low prices out there. What a great time for homeownership! http://tinyurl.com/ykkray5

Kit Fitzgerald

Tax Credit Passes the Senate 98-0

Great News Today!

Finally, the Senate passed the new tax credit extension and expansion 98-0. It goes to the House tomorrow and is expected to pass and be on the President's desk as early as Friday. The tax credit has done exactly what the stimulus package was intended to do - stimulate a piece of the economy and create jobs. Of the $800 Billion Stimulus Package, this program has only been $10B of the package, but it is, in many people's minds, the only part of the package that has done exactly what it intended to do.

The even better news is that with the extension comes and expansion offering a credit to people who have not purchased a home in 7 years. This should help stimulate the move-up market in real estate. Once we have news that it has officially been signed, I'll post the details.

Great news for today!
Kit

The Tax Credit Has Been Extended!

Great News! The tax credit has been extended and expanded to more homeowners!! I will be getting full details in the next little bit and posting the good news!

Yay!

Will the $8,000 tax credit be extended?

As we begin to approach the "deadline" of the tax credit expiration. Many first time homebuyers are wondering if the credit will be extended. As of right now, buyers have about 30 days to get into contract in order to ensure a close date on or before November 30th. Realtor.com just posted an interesting story on the matter - take a look:

Realtor.com Story

Enjoy!

Kit