Merry Christmas from CBH to all our Realtors!
We want to give you gifts BEFORE your clients close! All we want is an accepted offer and a loan commitment through one of our CBH Guild Mortgage Lenders. That's it!
HERES HOW IT WORKS: During the month of December for every CBH home you sell, you will receive a VISA gift card* in the following amounts:
• $250 for the first sale
• $500 for the second sale
• $750 for the third sale
• $1,000 for the fourth sale
Your VISA gift cards will be delivered upon completion of...... these terms: acceptance by all parties & loan commitment from CBH Guild Mortgage Lending Team. That can truly be before Christmas and in plenty of time to use it for the holidays!
Lets sell, sell, sell some homes together! What other company gives you thank you gifts before closing?
Visit this link for available homes!
Monday, December 7, 2009
Monday, November 23, 2009
Construction Market to Increase 11% in 2010, Says McGraw-Hill Construction Outlook Report
"The U.S. construction market in 2010 will be helped by growth for several sectors, following three straight years of decline that brought total construction activity down 39% from its mid-decade peak," said Robert A. Murray, vice president of economic affairs for McGraw-Hill Construction. "The benefits from the stimulus act will broaden in scope, lifting not just highway construction but also environmental public works and several institutional structure types. With continued improvement expected for single family housing, after reaching bottom earlier this year, the overall level of construction activity should see moderate expansion in 2010." Highlights of the 2010 Construction Outlook include:
•Single family housing for 2010 will advance 32% in dollars, corresponding to a 30% increase in the number of units to 560,000 (McGraw-Hill Construction basis).
To Read More..........http://realtytimes.com/rtpages/20091104_construction.htm
•Single family housing for 2010 will advance 32% in dollars, corresponding to a 30% increase in the number of units to 560,000 (McGraw-Hill Construction basis).
To Read More..........http://realtytimes.com/rtpages/20091104_construction.htm
Thursday, November 19, 2009
1 in 4 Short Sales in the Treasure Valley Never Make it to the Closing Table
It was an outstanding turnout at this months ACAR Agent to Agent function! A big round of applause goes out to the panel of speakers especially our dear friend Cindy Phillips at Pioneer Title.
There was some great advice and direction regarding the short sale, foreclosure and REO closing process but one thing stood out as music to the ears of a new construction sales agent........With all the amazing inventory on the market there's no need to get involved in a short sale or REO. We feel the same way at CBH! When you can purchase a brand new home with all the energy efficient code updates and a one year warranty for close to the same price as a used home why look at resale.
When 1 in 4 Buyers never make it to the closing table in a short sale process why continue trying? Come buy a CBH Home in Kuna!
I came across this blog that a very intelligent Realtor in Arizona maintains. It was facinating to see him break down how investors profit from a short sale and how the bail out money is being used. I encourage you to read his blog. This helps supports the reasoning behind why some short sales never get approved. The lender can foreclose on the property and make more money!
http://activerain.com/blogsview/1243528/is-the-fdic-killing-short-sales-
There was some great advice and direction regarding the short sale, foreclosure and REO closing process but one thing stood out as music to the ears of a new construction sales agent........With all the amazing inventory on the market there's no need to get involved in a short sale or REO. We feel the same way at CBH! When you can purchase a brand new home with all the energy efficient code updates and a one year warranty for close to the same price as a used home why look at resale.
When 1 in 4 Buyers never make it to the closing table in a short sale process why continue trying? Come buy a CBH Home in Kuna!
I came across this blog that a very intelligent Realtor in Arizona maintains. It was facinating to see him break down how investors profit from a short sale and how the bail out money is being used. I encourage you to read his blog. This helps supports the reasoning behind why some short sales never get approved. The lender can foreclose on the property and make more money!
http://activerain.com/blogsview/1243528/is-the-fdic-killing-short-sales-
Wednesday, November 18, 2009
Don't Snooze!
This was a great article that reiterates how urgency needs to be apart of shopping for a home. The supply is low so don't snooze on the home you love while you wait to see what else becomes available! Scoop it up and secure it right away or you may lose it!
http://money.cnn.com/2009/11/18/real_estate/housing_starts_October/
The slowdown in construction means that there are fewer new homes for sale, about 251,000 in all. That's the smallest inventory since 1983, according to real estate analyst Mike Larson of Weiss Research.
"The new home market, which was dramatically oversupplied during the boom, is now dramatically undersupplied," said Larson.
http://money.cnn.com/2009/11/18/real_estate/housing_starts_October/
The slowdown in construction means that there are fewer new homes for sale, about 251,000 in all. That's the smallest inventory since 1983, according to real estate analyst Mike Larson of Weiss Research.
"The new home market, which was dramatically oversupplied during the boom, is now dramatically undersupplied," said Larson.
Sunday, July 19, 2009
CBH Homes Kuna 1st Homeowners Softball Game and BBQ in the Park
Yipee! We're super excited to announce our Kuna Team is kicking off our first ever Homeowner Softball Game!
We are inviting all of our homeowners and their families to join us in an evening of barbequing and softball playing at the park in Arbor Ridge. Details are below and look for a flyer on your door to RSVP. It's going to be a blast and a great way to meet your neighbors!
When: The fun will begin on August 16th at 5:00 pm
Where: The community park in Arbor Ridge off of Hubbard Rd.
Bring: Softball mit if you're playing and if you're not bring a chair to watch
Who: All ages are welcome and encouraged to play. Other activities will be available.
Please email one of us for more details or stop by our Sq. 1 for a flyer.
kunasquareone@cbhhomes.com
208.922.3955
227 W. Quaking Aspen Lane.
Arbor Ridge Community off of Linder just south of Hubbard
We are inviting all of our homeowners and their families to join us in an evening of barbequing and softball playing at the park in Arbor Ridge. Details are below and look for a flyer on your door to RSVP. It's going to be a blast and a great way to meet your neighbors!
When: The fun will begin on August 16th at 5:00 pm
Where: The community park in Arbor Ridge off of Hubbard Rd.
Bring: Softball mit if you're playing and if you're not bring a chair to watch
Who: All ages are welcome and encouraged to play. Other activities will be available.
Please email one of us for more details or stop by our Sq. 1 for a flyer.
kunasquareone@cbhhomes.com
208.922.3955
227 W. Quaking Aspen Lane.
Arbor Ridge Community off of Linder just south of Hubbard
Impressing the Realtor Community
Most of us have worked with Phil Hoover at one time or another here in the valley. He is a solid Realtor, no nonsense kind of guy. He is a hard working Realtor who, like us here at CBH has refused to be taken under by the negative press. Selling homes is his job and he is doing well at it.
I was surprised to find that he has almost never shown a CBH Home due to a perceived bias against the quality of our construction. Like many people who are unaware of the quality we stand behind, it is hard for them to believe that a product as affordable as ours can be very good.
Well I am pleased to report that as of yesterday we have another member of the Realtor community who will be happy to show our homes. After viewing one of our spec homes Phil was generous in his approval of the craftsmanship. He was pretty much swayed by the detail in the paint job and the overall quality throughout. I am grateful to have had the opportunity to help yet another person realize the quality and affordability of a CBH Home.
Thank you Phil Hoover for taking the time to show our Homes we appreciate you.
Justin Abel
Sales Specialist
I was surprised to find that he has almost never shown a CBH Home due to a perceived bias against the quality of our construction. Like many people who are unaware of the quality we stand behind, it is hard for them to believe that a product as affordable as ours can be very good.
Well I am pleased to report that as of yesterday we have another member of the Realtor community who will be happy to show our homes. After viewing one of our spec homes Phil was generous in his approval of the craftsmanship. He was pretty much swayed by the detail in the paint job and the overall quality throughout. I am grateful to have had the opportunity to help yet another person realize the quality and affordability of a CBH Home.
Thank you Phil Hoover for taking the time to show our Homes we appreciate you.
Justin Abel
Sales Specialist
PCBC 2009 in San francisco - Best affordability in 37 years?
I recently had the opportunity to attend the Pacific Coast Builder's Conference, or PCBC, located in San Francisco, CA. Our team had a goal of gaining 95 happy new home owners for the month of May. We were reached our goal and our reward was attending the conference to obtain information about new construction, sales and our current economic condition and how it relates to the housing market.
We arrived in San Francisco on Wednesday, June 17th, and the weather was absolutely amazing! I attended the conference in 2007 and the weather was much cooler then our Idaho climate during is during the months of May. In fact, in 2007 we had to wear our jackets the entire time as it was windy and not above 60 degrees while we were there. We knew the weather was better than average but we really didn't know how great it was until we spoke with some of the locals that claimed we were experiencing the best weather that San Francisco has to offer!
That morning we attended one of the classes that we were looking forward to and there was a lot of good information that I was surprised I had never heard before! But I'll get back to that in a moment!
A friend of mine knows the hitting coach for the San Francisco Giants and was able to get us tickets to Wednesday's game against the Angels! Tim Lincecum was on the mound and he was absolutely dealing for the first 5 or 6 innings as the Angels were unable to hit him. But they ended up giving the Angels the lead in the top of the 8th which ended up deciding the game. Later that night our team headed to McCormick and Kuleto's for a wonderful seafood feast and then to Ghirardelli for some dessert.
The next day we went to another class at PCBC and then to fisherman's wharf to see some of the tourist sites. The city was great and the weather was even better!
Back to the classes at PCBC. As I said before, I learned some information that I am extremely surprised I have yet to hear or see it all over the news. Today we are experiencing the best housing affordability in almost 40 years! That's right, 40 years!!! The average monthly payment for a home is typically 38% of the average monthly income. Today however, the average monthly payment for a home is only 26% of the average monthly income! This is incredible!!!
I'm not sure what is more surprising to me. The fact that affordability is the best it has been in almost 40 years or that nobody knows about it? Consider yourself one of the lucky few if you happen to be reading this within 6 months of the date it was written. I am often asked by my prospects and clients when I think the bottom will hit, even more so recently. While I have no idea when the bottom will come, I know a good deal when I see one. Frankly, it's difficult NOT to find a good deal in today's real estate market.
Referring to that question, I am reminded of one of my favorite quotes from Warren Buffet, "Be fearful when others are greedy and greedy when others are fearful.". Again, you are hard pressed to find buyer's in this market who aren't fearful. And who am I to judge the wisdom of Warren Buffet? The market might not be at bottom yet, but by the time you find the bottom it has likely already passed you by!
Sincerely,
Chase Craig
Kuna Square One Manager
http://www.ownboise.com/
We arrived in San Francisco on Wednesday, June 17th, and the weather was absolutely amazing! I attended the conference in 2007 and the weather was much cooler then our Idaho climate during is during the months of May. In fact, in 2007 we had to wear our jackets the entire time as it was windy and not above 60 degrees while we were there. We knew the weather was better than average but we really didn't know how great it was until we spoke with some of the locals that claimed we were experiencing the best weather that San Francisco has to offer!
That morning we attended one of the classes that we were looking forward to and there was a lot of good information that I was surprised I had never heard before! But I'll get back to that in a moment!
A friend of mine knows the hitting coach for the San Francisco Giants and was able to get us tickets to Wednesday's game against the Angels! Tim Lincecum was on the mound and he was absolutely dealing for the first 5 or 6 innings as the Angels were unable to hit him. But they ended up giving the Angels the lead in the top of the 8th which ended up deciding the game. Later that night our team headed to McCormick and Kuleto's for a wonderful seafood feast and then to Ghirardelli for some dessert.
The next day we went to another class at PCBC and then to fisherman's wharf to see some of the tourist sites. The city was great and the weather was even better!
Back to the classes at PCBC. As I said before, I learned some information that I am extremely surprised I have yet to hear or see it all over the news. Today we are experiencing the best housing affordability in almost 40 years! That's right, 40 years!!! The average monthly payment for a home is typically 38% of the average monthly income. Today however, the average monthly payment for a home is only 26% of the average monthly income! This is incredible!!!
I'm not sure what is more surprising to me. The fact that affordability is the best it has been in almost 40 years or that nobody knows about it? Consider yourself one of the lucky few if you happen to be reading this within 6 months of the date it was written. I am often asked by my prospects and clients when I think the bottom will hit, even more so recently. While I have no idea when the bottom will come, I know a good deal when I see one. Frankly, it's difficult NOT to find a good deal in today's real estate market.
Referring to that question, I am reminded of one of my favorite quotes from Warren Buffet, "Be fearful when others are greedy and greedy when others are fearful.". Again, you are hard pressed to find buyer's in this market who aren't fearful. And who am I to judge the wisdom of Warren Buffet? The market might not be at bottom yet, but by the time you find the bottom it has likely already passed you by!
Sincerely,
Chase Craig
Kuna Square One Manager
http://www.ownboise.com/
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