Sun Valley Happenings
What Do Supply and Demand Tell Us About Today’s Housing Market?
Posted by Jacqueline Styons on October 18, 2021 in
uncategorized
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices can rise significantly.
Understanding the impact both supply and demand have can provide the answers to a few popular questions about today’s hou... read more
Two Reasons Why Waiting a Year To Buy Could Cost You
By KCM Team
Posted by Inactive Shanna Shepherd on October 04, 2021 in
uncategorized
If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home.
To determine if you should buy now or wait, you need to ask yourself two simple questions:
What will home prices be like in 2022?
Where will mortgage rates be by the end of 2022?
Let’s shed some light on the answers to both of these questions.
What will home prices be like i... read more
The Big Question: Should You Renovate or Move?
Posted by Jacqueline Styons on October 26, 2021 in
uncategorized
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following:
70% of respondents want more outdoor living space
69% of respondents want a home office (48% wanted multiple offices)
46% of respondents want a multi-function room/flexible space
42% of respondents want an au pair/in-law suite
39% of respondents want an exercise room/yoga space
I... read more
Sun Valley Resort Voted America's Best Ski Resort Two Years in a Row
Posted by Inactive Lauren Burson on October 25, 2021 in
uncategorized
Every year, Ski Magazine asks its readers to rank the top ski resorts in North America. The results for 2022 are in and Sun Valley Resort takes the top spot again!
Ski season looked different last year with COVID restrictions in place and the borders to Canada closed. Looking forward to the upcoming season, Ski Magazine “hope[s] you can use these rankings to inform your vacation choices. As one wise reader wrote, ‘There is no one resort that ‘has it all.’ People need to decide what&rs... read more
Realty in Sun Valley: Here's What You Should Know.
By: Heidi Hogan
Posted by Inactive Shanna Shepherd on October 19, 2021 in
uncategorized
There are several things you should consider before becoming a Realtor in Sun Valley, Idaho. First, Sun Valley is a resort and second home market, which differs from a traditional real estate market. That makes being a real estate agent here unique. Buyers' interests may vary from small rustic getaways to mountain luxury properties. Buyers include full-time residents who support our community and require workforce housing to international clientele, investors, second homeowners, and retirees. An agent here must hav... read more
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