Doug Milligan – Featured Agent

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My family and I have lived in Eagle ID for over 10 years. After graduating from Idaho State University with a BBA in Accounting, I later earned my CPA. In addition to my real estate experience in new home construction, land and resort development, I bring a wealth of financial management experience. This expertise provides me with a well balanced mix of analytical and interpersonal skills enabling me to assist my clients achieve their real estate goals and produce great results. You can contact me with all your Real Estate needs – 208.695-8600!!

 

www.SilverhawkRealty.com

Myra Attebery – Featured Agent

 

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It seems like a very short time ago that I graduated from Pioneer Real Estate School in Boise, ID and then obtained my Idaho Real Estate License in March of 2005.  Since that time I have enjoyed meeting and helping people with a variety of real estate needs. As a life-long Idaho resident, I have lived in the Fruitland area for more than 40 years.  My knowledge of the local area, continuing real estate education and experience directly benefit the clients I serve. Also it has been a rewarding experience to be involved in the local Board of Realtors.  I have served as a Director for three terms and Scholarship Committee Chairman for eight years.  A highlight of my real estate career was being chosen Realtor of the Year in 2013 by the Payettte-Washington County Board of Realtors.

My family is a very important part of my life.  I have three grown children – Clint, Christy & Casey and two grandchildren – Lilly & William.  We enjoy family gatherings as often as possible. In closing, I would appreciate the opportunity to assist you with your real estate business.

My passion is helping Sellers and Buyers achieve their real estate goals. Call today – 208-740-9471!

Myra Attebery

 

Art Perera – Featured Agent!!

Arthur Perera PictureBefore moving to Boise in 2014, I was a high tech sales executive for 32 years working for technology companies in Silicon Valley. After I earned my real estate license in California, I knew I was in the right industry because I love helping people. There’s nothing more satisfying than finding the right home for someone or helping them sell their home so they can move on with their life. Boise is the right environment for me because of the lifestyle, people work so they can have a life and not the other way around. I am able to surround myself with kind hearted people who are also very talented and willing to help others. Since most of the work related to real estate depends on technology, I am glad I was able to transfer my technical skills and make my client’s transactions go smoother and faster. Call today . . . 208-866-6411!

www.ArtPerera.SilverhawkRealty.com

James Barrett – Featured Agent

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Your  local Real Estate Agent, in the Treasure Valley now for over 12 years, and small business owner for over 25 years in Caldwell. I raised a family of 4 children, all attending Caldwell Schools. With a background in Department Management in Retail Sales, and as Owner of a Service Business here, I have come to know, and work closely with many area residents , and many coming to our area…addressing their Real Estate needs, whether it be selling their home, or buying their dream home. I’m committed to making your Real Estate experience be one that is comfortable for you, and assist you in making your best Real Estate decisions. Come and meet our team of professionals, here in Caldwell. Call me anytime with your questions, and thank you for considering me and my expertise, for your Real Estate experience.  James Barrett – 353-3771!
Announcing him this week as our “Featured Agent” is so special, as James is expecting another grand-baby this week! Congratulations James & Family!!!

Destination Vacation Spots

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What do destination spots mean for real estate? Most might think expensive or over-saturated and competitive, possibly too touristy and cliché. But what if you could find a piece of real estate in a destination spot that claims none of those characteristics – would you be willing to check it out for yourself, possibly see and experience what a vacation rental as an investment option might offer?

When looking for vacation rental options in destination areas, be it beachside, cityscape, country living, or tropical, most folks are traveling for the experiences to be had and new views to take in on their average ten-day vacation. A full year of ten-day vacations is a lot of time to get vacationers in your vacation rental and a lot of money to be made. While hotels are a dime a dozen and on every corner depending where you’re vacationing, condos, townhouses, vacation homes and apartments are still preferred by families. With the added space, privacy and amenities, vacation rentals offer more space for less cost per night than hotels, which makes vacation rentals a win for investors.

Of course finding the ideal vacation rental is key, but that might be easier and more local than you could imagine. You’ll never guess what local city made Vogue’s Ten Hottest Travel Destinations of 2017*.  Right up there next to tropical paradises, infinite beaches, islands, and must-have cultural experiences, our little Idaho has made the list, with Boise as “one of America’s most desirable second-tier cities.” Vogue gushed over the Modern Hotel and Bar, quintessential coffee shops, the booming craft beer venues, distilleries, and Boise’s cultural feel. But what would Idaho be without giving props to its outdoorsy life? Credit to Sun Valley and Ketchum were likened to Aspen in the 1960’s, a throwback to laidback attitudes. With access to trails for hiking, running, and biking in the foothills and camping, skiing, boarding, and whitewater rafting just beyond the backyard in the miles of mountain terrain, Idaho boasts a nature and outdoor adventurer’s delight.

If Idaho is booming as a vacation hot spot, now is the time to get in on the opportunities while it is still in the beginning phase. Tapping early into the reservoir of vacation rentals in a destination hot spot is the ideal investment. The right investment will yield high returns and have minimal maintenance. But you will have to do a little investing of yourself to make a vacation rental ideal. With as little as ten hours per week a recent survey* found that vacation rentals comprised a quarter of survey participants’ income. Time was spent advertising, responding to traveler’s questions, and coordinating cleaning and maintenance of the property. Think how much easier it would be if your vacation rental was just across town – accessibility for a quick check-in, variety of known local cleaners, maintenance, and contractors to choose from, all equal peace of mind.

If you’re still on the fence, there is always the option to use your current home as a vacation rental and purchase an upgraded home for yourself. In the end there is always the option to sell if it doesn’t work out.

*Silverhawk Realty (serving real estate needs in the Treasure Valley and Western Treasure Valley) and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

www.SilverhawkRealty.com

* http://www.vogue.com/13515667/top-travel-destinations-2017/

* https://www.homeaway.com/info/media-center/press-releases/2016/vacation-rentals-provide-valuable-income-source-for-owners-again

Photo by: Alamy

Real Estate Market Trends for 2017

blackboard-suit-tsAs the year is wrapping up, many wonder what the next year will hold in store for the real estate market. So far the outlook is positive. Even though there are some doubts that the current growth cycle is about to come to an end, there are many more positive perspectives that the current growth cycle has more life left in it yet. Here are some trends to watch for in 2017:

Earlier this year as Britain made their exit from the European Union and uncertainty took its place European markets are struggling to find solid ground again. In the process to find stability, the U.S. is safe ground for foreign investors to take a breather while the cards fall. Uncertain global markets make the U.S. market appear stronger and more appealing to global investors. Real estate in the U.S. is likely to continue to be favorable as its growth continues.

Although European markets are suffering a setback and China’s market is decreasing, other foreign investors are looking for investments with high yields and appreciation. Real estate in the U.S. is the likely choice for such investment as it is seen as the most stable world-wide. With uncertainty in such major foreign markets investors want stable footing.

It is likely that the feds will raise the cap rate one more time before 2016 is out, however the raise should be minimal as they don’t want to upset current trends. It is predicted that even with an increase cap rates won’t go much higher. Regardless, there will be movement as investors seek to capitalize on opportunities.

Supply is low and demand is high, which will help continue to fuel the growth cycle. After the recession, lenders were more than cautious about commercial construction lending, resulting in fewer available properties today.

Oil prices dropped significantly in 2015 and continued to drop into the first of this year. As of yet, prices have not recovered to half their high price from 2015. With oil manufacturers just now slowing production there is a significant surplus. With lower gas prices, that frees monies to spend on other commodities. Lower energy costs also positively influence construction costs fueling commercial improvements and growth.

So what do these trends mean to you? It means real estate is alive and well and is projected to continue to keep its momentum in the next year without any foreseeable setbacks. There might not be a lot of commercial construction as banks have stricter lending requirements and are looking to minimize risks, but there will be improvements to existing structures. Global investors will continue to look to the U.S. market due to its stability, and foreign money will fuel the U.S. economy. Money made available from lower gas and energy prices will shift into other spending arenas. Housing will maintain its curve as the U.S. economy continues to flourish. In other words, things look great for 2017.

Silverhawk Realty

Source: http://nreionline.com/finance-investment/five-trends-affecting-commercial-real-estate-looking-ahead-2017