1,044 SF 2bd 1bth Hagerman Home for Sale $109,500 – 1000 Springs Realty and Magic Valley Properties

Just Listed … 923 E 2700 S. Hagerman, ID … $129,900

PRICE REDUCED!! NOW ONLY $109,500

Cozy rural living on the edge of Hagerman in this 1,044sf 1-2bd 2bth home. Home has newer laminate floors in kitchen, dining room, and living room. Newer laminate kitchen counter tops. New thermal pane windows throughout. New ducted forced air heat pump system. Newly installed wall and ceiling insulation. Home sits on almost 1/2 acre providing plenty of space for outdoor living. Oversized 2 car garage provides space for parking your cars and workshop space and additional storage shed attached. Covered outdoor patio area. Plenty of room to store you RV. This home is connected to city water and has it’s own septic system. Hurry, won’t last long at this price.

The Hagerman Valley offers a wide array of recreational opportunities such as the Snake River for boating, fishing and other water sports, hot spring resorts for relaxing, birds for viewing, and ducks for hunting just to name a few. It’s also a great place to just come and relax. The town of Hagerman has a grocery store, hardware store, sporting goods store, bank, library, schools, convenience stores, and restaurants. The Hagerman Valley Chamber of Commerce and the Hagerman Valley Foundation put together a variety community activities to enjoy throughout the year. Hagerman is located about 35 minutes from Twin Falls and about 90 minutes from Boise. Come enjoy all the Hagerman Valley has to offer.

Contact me today, Grant Cooke 208-731-4063 by phone or text for more information. www.magicvalleyproperties.com

1000 Springs Realty  www.1000springsrealty.com

For more information call/text Grant today at 208-731-4063

It’s more than a house, it’s YOUR home!!™

www.magicvalleyproperties.com

Interest Rates are Rising

Interest rates are on the rise. If you’ve been thinking of buying, now be a good time to act and the Fed has announced at least 2 more increases for this year. The following article from the NAR website helps give some further insight into the effects of interest rates on purchasing power.

Why Buyers May Lose If They Don’t Act Now

Rising mortgage rates could have a big impact on the direction your buyers choose when shopping for real estate, economists warn. “Every time the interest rates go up, you eliminate a group of people who can no longer afford to buy a house,” Don Frommeyer, a mortgage broker at Marine Bank in Indianapolis, told realtor.com®. “Some people may have to rent for a period of time until they make more money—or buy a smaller house.”

To avoid further complications in their plans, your buyers may want to speed up their home search this spring, as interest rates are forecasted to move higher in the coming months. Forty-four percent of home buyers say rate increases likely will force them to settle for a smaller, less expensive home that requires a longer commute to their jobs, according to a realtor.com® survey. First-time buyers may be most affected by rising costs, as increasing home prices and interest rates price some out of the market.

Mortgage rates are at their highest levels in more than four years. The 30-year fixed-rate mortgage averaged 4.46 percent last week, according to Freddie Mac, and that’s largely expected to increase since the Federal Reserve said it is likely to raise its short-term interest rates this year. That could prompt mortgage rates to move higher at least three times this year, starting this month.

“For the bulk of buyers, it’s not going to kill their decision to purchase a home,” Rick Palacios Jr., director of research at John Burns Real Estate Consulting, told realtor.com®. “If anything, it will get them off the fence by creating a sense of urgency.” Higher rates are “a kick in the pants for you to start thinking seriously [about buying].”

Rate increases—even minor ones—can add up over time. Realtor.com® offers this example: On a $300,000 house with a 30-year fixed-rate mortgage and 20 percent down payment, the difference between a 4 percent and 5 percent mortgage rate is $142 a month. Calculated over the life of the loan, that is more than an extra $51,000. “Buyers thought they could wait forever because rates were going to stay low forever,” says Palacios. “They’re starting to realize that if they’re going to buy, they should probably buy now.”

Home buyers who are concerned about rising rates may want to lock in with a lender, which guarantees the current rate for a set period of time. Still, don’t let your clients linger on making a decision. It typically costs several hundred dollars to lock in a rate.

Source: “Is It Last Call for Low Mortgage Rate? Why Home Buyers Should Act Now,” realtor.com® (March 7, 2018)

Tiny Living in Hagerman – 645sf for $49,500.00 – 1000 Springs Realty and Magic Valley Properties

Affordable small town living in the heart of Hagerman. This 645sf,  2 bd and 1 bath home is looking for someone to call it home. Could be used as a primary home, get away location, or income property. Home has a lot of potential and won’t last long at this price. Close to stores, school, park, and other town amenities.

 The Hagerman Valley offers a wide array of recreational opportunities such as the Snake River for boating, fishing and other water sports, hot spring resorts for relaxing, birds for viewing, and ducks for hunting just to name a few. It’s also a great place to just come and relax. The town of Hagerman has a grocery store, hardware store, sporting goods store, bank, library, schools, convenience stores, and restaurants. The Hagerman Valley Chamber of Commerce and the Hagerman Valley Foundation put together a variety community activities to enjoy throughout the year. Hagerman is located about 35 minutes from Twin Falls and about 90 minutes from Boise. Come enjoy all the Hagerman Valley has to offer.

 This home is now SOLD!!!

For more information call/text Grant today at 208-731-4063

It’s more than a house, it’s YOUR home!!™

www.magicvalleyproperties.com

Hagerman 55+ Community Building Lot – Magic Valley Properties – 1000 Springs Realty

HAGERMAN BUILDING LOT!! Won’t last long at this great price!! 7,900 sf building lot in Hagerman 55+ development. Great investment opportunity or build your dream retirement home in this desirable location. Enjoy the easy life the beautiful Hagerman Valley offers. Recreational opportunities abound from hunting, fishing, boating, hiking, birding, state parks, and fish hatcheries. Close to town amenities. Community has paved road, underground power, and phone. City water/sewer require paid connection fee.

There is a care facility located in the development. Three new homes finished last year, and one new home now under construction.

Sold!!! For information on more properties like this, contact Grant today.

ONLY $16,000.00

For more information call/text Grant today at 208-731-4063

It’s more than a house, it’s YOUR home!!™

www.magicvalleyproperties.com