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Why Buying in Boise is Still a Smart Move

Categories: Blog | Posted: December 20, 2022
Drone view of the city of Boise, ID

By: Kayla Dulier, Online Sales Specialist

The Treasure Valley had a hot housing market during the pandemic-fueled boom. The housing market conditions we have experienced in the last two years have definitely been unique. Historically low inventory paired with rampant demand resulted in above-average growth. With all the movement in the current housing market, it can be challenging to navigate when making a decision on a home purchase. Despite all the factors, Buying in Boise is still a smart move. Here’s why:

1. The Boise housing market is still a great investment

Homeownership and home wealth are always long-term investments. With many reports of a “cooling” housing market, you might be asking yourself if now is a good time to buy. COVID-19 pushed our market into a frenzy of growth and rising home prices from 2020-2021. 2020 and 2021 were an anomaly. As the market begins to correct, we’ve seen home prices across Boise normalize. Anytime a market decelerates, there is concern that the home’s values will begin to drop. Our market here in the Treasure Valley still has strong fundamentals such as demand, that keep home values trending upward, and an increased inventory. These conditions tend to support house values. 

Statistics show Boise City Metro home values are expected to rise by 4.3% between now and Sept 2023. 

2. There is a silver lining to higher mortgage rates

It’s completely natural to think of rising interest rates as all bad news. After all, higher rates = higher monthly payments when taking on the same amount of mortgage debt. But that doesn’t mean there’s no silver lining to buying when rates are high. According to Wells Fargo Economics, it is predicted that mortgage rates will be back down to the mid 5’s by the end of 2023, and in the mid 4’s by the end of 2024. Remember that you can always refinance when the rates do come down, which they will. During your appointment with your New Construction Specialists, you can go over your options for locking your rate, buying it down, etc.  If it’s time to move, don’t let higher interest rates put your home-buying plans on hold.

3. Inventory is on the rise

The inventory has improved greatly in our market over the past few months. We saw the housing supply bottom out at the end of 2021, but have seen a steady rise since. At the end of 2021, the Boise-Nampa metropolitan area had about a 0.8-month supply of homes for sale. As of summer 2022, the Boise market reached a 3-month supply of homes for sale. Housing prices increase when inventories are low because the housing supply isn’t high enough to cover the demand. What does this mean for you? With higher levels of inventory, homebuyers will find it easier to find a home than in the previous year, at a lower price. 

4. Boise is an incredible place to live.

Tresidio has been building homes in Boise since 2009. Our team’s roots run deep, and we will be the first to tell you Idaho is a great place to live for many reasons. Breathtaking scenery, endless outdoor activities, a robust economy, friendly faces and an unmatched sense of community. Surrounded by the Sawtooth Mountains, Boise’s landscapes are second to none. The city has enjoyed the top spot on Time Magazine’s “Cities that get it right” and has also enjoyed top rankings on Forbes’ list of Best Places for Business and Career. Overall, Boise is a sweet, culturally-rich, and safe city with lots of natural beauty, fun entertainment, and great weather. You will find plenty of work here and will have ample time to pursue your other interests. Boise is a family town and there are endless opportunities to live life to the fullest with outdoor activities, a vibrant downtown, adventurous eateries, and unmatched quality of life. 

We know there are a lot of factors when it comes to making a decision to buy a new home. Working with our experts enables you to feel more knowledgeable, confident, and secure with your home-buying (or building!) decisions. We certainly can’t predict the future, but we can focus on the facts: rates are historically low, the demand for housing is still there, and Boise is an incredible place to live. With all that in mind, yes, it’s still a good time to buy a home and we are here to help every step of the way. We know there are a lot of options out there when it comes to builders in the Treasure Valley. The reason why so many people have chosen Tresidio is because of our 5-star quality, unmatched personalization, and exceptional home-building experience. Our team works together towards the same goal – to be the best at what we do and create an unforgettable experience, and best of all making your dream home come to life!

Moving to Boise, Idaho? Check Out ‘Reveille at Valor’ in the Treasure Valley!

Categories: Blog | Posted: November 14, 2022
Drone view of Reveille at Valor in the Treasure Valleyat sunset

If you’re considering a move to Boise, you’re on the right track to a fulfilling, high-quality life. Boise is one of the fastest-growing metro areas in Idaho, and for good reason. The views are stunning, there are four distinct seasons, the cost of living is low, and there are so many great outdoor activities to explore. If golf is your thing, the location of our new homes for sale in Kuna, Idaho might have you looking to move sooner.

Drone view of Boise, Idaho during the fall season

Even better than living in a city with so many benefits is living in a community with even more to offer. With Tresidio Homes, you’ll be able to continue that higher quality of life in our Reveille at Valor community. Our custom homes here will be the perfect retreat from all the adventures offered nearby. So if you’re wondering exactly where to live in Idaho, we’ve got just the place!

Valor is Where to Live in Idaho!

It may seem impossible to find a community that truly has something for everyone, but with Valor, it’s possible! This luxury master-planned community in Kuna, Idaho has so many amenities that you don’t have to leave to enjoy. There are many opportunities to live a healthy lifestyle and take in the natural beauty that surrounds this community. The multiple walking trails are perfect for a light jog, brisk walk, or leisurely bike ride. With access to public lands, you can take a moment to connect closely with nature. A community park and an upcoming 10-acre city park are great ways to take in the magnificence of Valor and its expansive views of the Treasure Valley.

If you’re really trying to get your heart pumping, our community includes fitness centers equipped with the latest workout equipment. There’s an array of options from a range of free weights to multiple treadmills. Perhaps a few laps or a casual swim in one of the resort-style pools is the healthy activity for you. Enjoy splashing with your family or relaxing moments soaking in the sun.

Drone view of Reveille at Valor, a luxury master planned golf community

Building friendships while enjoying a healthy lifestyle is not far when you live in Valor. There are several state-of-the-art clubhouses throughout the community where you can meet and mingle with neighbors. Boise is known to have some of the friendliest people, so you’ll easily find yourself having a laugh while sipping cocktails in one of the clubhouses. This community offers a social experience unlike any other in Idaho. Future commercial and mixed-use areas will also expand the options for neighborly connection, shopping, dining, and entertainment. Everything you need is all in one place!

Looking for One of the Best Golf Courses in Idaho?

This community is nestled alongside the Falcon Crest Golf Course, one of the top five courses in the state! As a Valor resident, you’ll have access to its twenty-seven holes of championship golf, a nine-hole executive course, and a state-of-the-art clubhouse. If you’re a golf enthusiast, you’ll be impressed by the home sites we have along the course.

Enjoy daily golfing at the Falcon Crest Golf Course with Idaho’s premier practice facility. It includes 3 different course options where you can expand your game and test your skills. The Falcon Crest Championship course is a true golf oasis with majestic views of the Boise Valley and its surrounding mountains. The course offers a blend of natural terrain, sand, water, and stone. The memorable fairways make this course a Treasure Valley favorite among many golf lovers.

sketch of a blue golf club and golf ball on a tee

You’ll be leaving your short clubs with the caddy during a visit to the Freedom Course’s championship nine-hole course (par 36). This course is a great way to challenge your game with 3,914 yards from the professional tees, a 38.7 stroke, and a 147 slope rating. An unforgettable golf journey awaits with this course. It includes never-ending fairways with rough, deep bunkers and abundant water. It’s certainly worth the challenge once you make it to the “after work nine.”

The Cadet Golf Course is an executive par 3 and par 4 course designed for the beginning golfer and junior player. It’s the perfect course for working on your short game and a great introduction to golf where you can invite the whole family to learn the game. Regardless of which course, the Falcon Crest Golf Club’s grand 36-hole complex will impress golfers of all levels.

There’s More to Explore When Living in Valor

Reveille at Valor is located less than 30 minutes from Boise. Living in the Boise area offers 4-season weather where you can gaze at fall-colored leaves and enjoy the view of snow-capped mountains. It also gives residents a wonderful balance of urban amenities and peaceful countryside living. Valor offers a family-friendly atmosphere that can also be found throughout Boise, which has many flocking to this area. The people here love calling Boise home and are warm and welcoming to newcomers. You’ll find many new residents coming from California, Washington, and Oregon due to the low cost of living and the booming job market.

Across the Treasure Valley, there are a variety of activities to enjoy, many of which can be found in Boise and its surrounding areas. The Boise River Greenbelt and Bogus Basin offer an array of summer and winter activities like fishing, canoeing, kayaking, skiing, sledding, and snowshoeing. Our Valor community is also near several parks and amenities perfect for families and residents of all ages. Young families can especially enjoy the amazing school choices nearby like Silver Trail Elementary, Fremont Middle School, and Kuna High School.

Reveille at Valor is centrally located in the Treasure Valley with access to all of the shopping, restaurants, and services you could need. Within a 10-minute drive, you’ll be able to take advantage of the business and healthcare offerings at the Silverstone Plaza, El Dorado Business Park, and St. Luke’s Meridian. You could easily spend a full day shopping, dining, and exploring the many events offered at the Village at Meridian. This outdoor mall is only 15 minutes away and includes a play area and movie theater with general admission and luxury experience viewing options. Even more conveniences await nearby with downtown Boise only 25 minutes away, the Boise Airport only 20 minutes away, and Old Town Kuna only 5 minutes away.

Tresidio Offers the Absolute Best Homes for Sale in Kuna, Idaho

Once you’ve decided that a move near Boise is right for you, you’ll want to check out our homes at Reveille at Valor. Tresidio Homes has 30 total home sites in phase 1 and 2 and a model home debuting early 2023. We’re currently selling in phase 1 and are offering over 30 different floor plans to choose from priced from the upper $500s. Any of Tresidio’s floor plans can be customized to fit your needs.  You’ll find incredibly spacious and comfortable homes with superior quality to match the high quality of living found throughout the community. Contact us today to start building your dream home!