Inventory has been decreasing lately but the market action index is falling also. With days on the market climbing, these are relatively negative implications for the market.
Supply and Demand
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the sellers market zone. So, watch for changes in the Market Action Index if the market heats up persistently prices are likely to reume and upward climb.
Price
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
STAR
MIDDLETON
BOISE
CALDWELL
EAGLE
NAMPA
January Home Tips
Remove and pack up all holiday decorations
Plan/work on interior projects: painting, wallpaper, decorating, etc.
Check roof eaves and gutters during melts for ice build up. Maintain proper drainage during melts.
Check window function and locking mechanisms. Lubricate with WD-40 if sticky.
Check for heat-loss weatherstripping, loose or open storm windows or doors.
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