208-254-2090
208-639-9730

2016 Prediction: Rosy Year for Boise Housing Market

December 31, 2015

From Reuters

"Is this going to be your year to buy a new home?

No housing expert has a crystal ball, but Svenja Gudell, recently appointed chief economist for the housing site Zillow.com, has looked at enough data to make a pretty good guess.

She examines vast amounts of housing market statistics - everything from about where people are going to want to live to what areas will be hot to what the future could hold for renters - on a daily basis.

Reuters asked Gudell to share her insights on what she thinks the 2016 housing market will be like.

Q: What markets do you think will be places to watch in 2016?

A: Next year, the combination of unemployment, population growth and the home value growth will make markets like Boise, Idaho, Salt Lake City, Utah, and Omaha, Nebraska, stand out.

Denver, Seattle, Dallas/Fort Worth and Portland, where inventory has been declining in the last year and demand continues to rise, will also be hot locations in 2016."

To read the rest of this article, including Gudell's predictions regarding Millenials and mortgage rates, click here.

  • Zillow 5 Star Review  Chrissie was helpful and responsive in our cross country move - no small feat during the pandemic! She was easy to work with, friendly, listened to our needs and was thoughtful throughout the process.

    healthy4lifelaura
    November 6, 2020

    Zillow 5 Star Review  Stephanie came highly recommended to me and she exceeded my expectations. She brings a unique blend of professionalism, personalty, optimism and brings a great depth of resources to overcome obstacles. I would eagerly work with her again.

    ReachTomV
    September 9, 2020

    Zillow 5 Star Review  Her team is amazing, she staged the house and we had an offer within three weeks during COVID19. Her responsiveness to any concerned I had were unmatched. She recommended great contractors to help sell our home.

    sberkeley
    June 5, 2020
  • Zillow 5 Star Review  Stephanie made selling our home such an easy and stress free process. She is very knowledgeable and is thorough and timely in her communication. Each step was explained as we went through the process so we knew what to expect. She had our best interest in mind the whole time. I would highly...

    user1459640
    October 22, 2020

    Zillow 5 Star Review  I worked with Sheila a few years ago to purchase my home and she was the absolute best. And this year I worked with her on the other side of the process selling my home and she is the same amazing agent with whatever you're working with her on. On our first meeting she very simply and clearly...

    Erik Sevillano
    April 8, 2020

    Zillow 5 Star Review  My wife and I were first time buyers and out-of-state. We could hardly have known less to start, but in spite of that we began our search online and had already formed pretty specific ideas about what we wanted by the time we met Stephanie. Once we were finally ready to take the plunge, we...

    Ben Clark
    July 13, 2020
  • Zillow 5 Star Review  We loved, loved, loved working with Sheila and team. Everyone on the team were helpful and always on top of things. We also sold our home in less than 4 days, and that was only because we wanted all the offers from our open house. The team did awesome with taking the photos and making the home...

    RebeccaCruz9
    October 14, 2020

    Zillow 4 Star Review  Jaimee did a great job for us. We were probably a fairly difficult buyer to satisfy as we had some very specific needs, but with all of us working together we came up with a great home.

    Harry Reno
    October 29, 2020

    Zillow 5 Star Review  Throughout our entire process of buying a home, Stephanie was not only an incredibly skilled realtor, but an incredibly kind and genuine individual. She taught us things about the Home buying process we didn’t know, and was never less than a phone call away. We are first time home buyers in a very...

    dleoni03
    June 3, 2020
  • Zillow 5 Star Review  Extremely responsive, helpful, friendly and motivated. Sheila’s team knew the SE Boise market very well and has passion for the area. Staging was amazing. I’d recommend to anyone.

    decker aaron
    March 12, 2020

    Zillow 5 Star Review  Chrissie was the best to work with! She helped us find our home effortlessly and no surprises at closing. She really sought to understand what we were looking for and didn’t disappoint. ?? ?? ?? ?? ??

    Jo maup
    June 23, 2020

    Zillow 5 Star Review  We're not giving Chrissie 5 stars because she was referred by a close family friend (coincidentally also a ReMax realtor) and we're not giving her 5 stars to be kind. Chrissie flat out EARNED her 5 star rating.
    My husband's mother passed away unexpectedly and the emotional task of selling her home...

    swimkmk
    April 29, 2020
  • Zillow 5 Star Review  Stephanie recently helped me find and purchase my first home. She listened when I told her what I was looking for and was always available to answer my questions and share her expertise on locations and market values. Once my offer was accepted, she stayed on top of the paperwork, so the process...

    joshmoran22
    February 7, 2021

    Zillow 5 Star Review  Stephanie Perkins is really second to none in all aspects of real estate and I wouldn't recommend anyone else! She connected me to an off market property that was coming back on the market. Once the property went back on the MLS we immediately put in an offer, unfortunately someone else also put in...

    mkniefel
    February 4, 2020

    Zillow 5 Star Review  Chrissie could not have been more helpful in the whole home buying process. We were first time home buyers, and out of state, so we had a lot of questions and needed a lot of extra explaining and frankly, dumbing down of the whole process. She did all of that and more! She was very responsive and...

    jjjlasalle
    August 21, 2020
Sheila's goal is to not only retain every client's business for life, but leave them so happy with her service that they are compelled to refer her to everyone they know. Her success stems from working hard for all of her clients and having fun during the process.
HomeTeamRecommendationsToolsArticlesContact
Privacy PolicyTerms & Conditions
© Copyright 2020 - Sheila Smith Real Estate Group - All Rights Reserved.
facebooklinkedinbuilding-omobileinstagrampinterest-p