Why Now is the Best Time to Buy a New Home

By February 17, 2020 Financing, Housing
A grey two story house with lit up windows is viewed from the street; behind it is the early morning sky.

With a few key changes coming into play in 2020 thanks to the Blue Water Navy Vietnam Veterans Act of 2019, having access to a VA home loan can make all the difference in the world for service members and their families. Buying a home can be intimidating, but there’s no time quite like the present to make those dreams a reality!

February is Historically One of the Best Months to Buy

With the benefit of the usual slight drop in market pricing over the winter still being in effect, and February beginning to see the early gradual growth of spring listings, this month could offer some benefits that others might not, especially with the recent trends in Boise and Eagle. By utilizing a Veterans home loan in Boise, you could be closer than ever to your dream home.

Trends Indicate Prices Will Continue to Rise

With the influx of people moving to Idaho not likely to decrease any time soon, the market trends indicate that home prices will only continue to rise for the foreseeable future. Compared to 2018, December’s median listing prices in Boise saw an increase of over 15 percent. Now may be a good time to view a home as an investment: using a VA home loan in Idaho, you could get something a little lower in price, make the needed improvements, and come out with a profit if you needed or wanted to resell!

Idaho is Still Growing

Idaho’s population is constantly growing; whether it’s people moving to escape to peaceful country life, or those who are coming to Boise, Eagle and the surrounding area for a taste of city living without the overcrowding and high cost of living of larger cities, our beautiful state has much to offer. It’s not just individuals seeing the draw of the Gem State; companies are eyeing the Treasure Valley as the new up and comer! Amazon and Pioneer Square Labs (a Seattle startup) are relocating to the area, joining the big hitters like Micron, Hewlett Packard, and Microsoft, bringing amazing employment opportunities along with them. If you are looking for a new job, the low unemployment rate and rapidly increasing job pool could provide you with one more reason to look at relocation into a new home!

There are many reasons why now is a great time to buy a new home, and with a VA home loan, it has never been easier for servicemen and women to start a new life. Get a quote today; you never know when your dreams are just around the corner!

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