We continue to move toward a balanced market. Our sales volume to date is down 40% from 2021. We are gaining inventory and Buyers are gaining power.
I anticipate mortgage interest rates to continue to rise which primarily affects Buyers for single family homes in Hailey and Bellevue.
Interestingly, jumbo loan rates are currently LOWER than standard mortgages. I have also heard lenders are buckling down on loans for second homes and income properties making them more difficult to obtain.
Sun Valley Round Up
It is hard to believe summer is coming to an end. Local schools resume classes next week and the summer event schedule is winding down. I look forward to sneaking in some big hikes in the fall before the snow flies. Hopefully I’ll have some good pictures to share soon!
As we approach Labor Day weekend its time to get ready for Wagon Days! Did you know you can reserve front row seating for the parade for $25? Unfortunately the seats for this year are sold out but keep that in mind for next year!Stick around after the parade for a concert with Chayce Beckham. If you are an American Idol fan the name may sound familiar as he won in 2019.
As we approach Labor Day weekend its time to get ready for Wagon Days! Did you know you can reserve front row seating for the parade for $25? Unfortunately the seats for this year are sold out but keep that in mind for next year!Stick around after the parade for a concert with Chayce Beckham. If you are an American Idol fan the name may sound familiar as he won in 2019.
Real Estate in Ketchum, Idaho Remains Hot Real Estate in Ketchum, Idaho Spared by Wildfires Summer of 2022 The last few summers have been hotter and smokier than normalā¦
Real Estate in Ketchum, Idaho Remains Hot Real Estate in Ketchum, Idaho Spared by Wildfires Summer of 2022 The last few summers have been hotter and smokier than normalā¦
