Welcome to Boise Investment Properties
We are invested. We are not only invested in our client’s success, but we are also invested in the Boise rental market. That’s right, we are real estate investors too.
Boise Investment Properties is a team with Swope Investment Properties that specializes in the purchase and sale of income properties; such as duplexes, triplexes, four plexes, and small apartments. Swope Investment Properties is the #1 Residential Income Property brokerage in Boise. Home sales agents with the big brokerages don’t have the technical and financial expertise to sell investment properties.
Let us show you the tools needed to help buy the right investment property or how to maximize the sales price of your rental.
As news articles revolving around our housing market in the Treasure Valley seem to have died down a bit, so has the pressure on buyers. For the first 9 months of the year, we saw year over year increases each month of 24-48% with the median home price of $534,950 in Ada County and $422,000 in Canyon County. Although prices are continuing to increase, we're also seeing a welcome increase in inventory. As of September, we've seen six consecutive months of increasing inventory. As sellers saw short days on market and high sales prices, it gave them extra encouragement to take advantage of the market and list. This is a benefit to Boise buyers as more available homes leads to less competition resulting in only about 33% of homes on the market selling for over list, the lowest percentage since June of 2020.
We are still far from a balanced market where we have...