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Wednesday, August 10, 2022

According to a recent article published by Houseopedia.com, over 80 percent of prospective home buyers start searching for a home online. The only surprising thing about that statistic is that the percentage is so low.

 

But beginning a home search online is very different than trying to do it yourself instead of using a real estate agent.

 

Agents are experts in housing, they’re current on the legal requirements of the transaction, and are professional negotiators. And don’t forget the value of their professional networks. Inspectors, lenders, title companies, and even reputable builders and contractors. If you’re moving to a new area, this expertise becomes even more invaluable.

 

One last thing, it doesn’t really save you money to buy a house without a real estate agent. Since they’re typically paid by the home seller, you’re not paying for those services anyway.

 

There are a ton of agents out there and choosing one can be a little overwhelming. So ask around for a good recommendation. We recommend the teams below in Boise and the Tri-Cities:

 

In Boise:

John L. Scott

 

Ryan Kerfoot

RyanK@johnlscott.com

(208) 703-5446

 

Carlos Bendeck

CarlosB@johnlscott.com

(208) 867-7302

 

Craig Severson

CraigSeverson@johnlscott.com

(208) 949-7951

 

In Tri-Cities:

Retter & Company / Sotheby’s

 

Greg Johnston

greg@rcsothebysrealty.com

(509) 539-3834

 

Jason Barrow

jb@rcsothebysrealty.com

(509) 308-2102

 

Posted by riverwoodadmin at 8/10/2022 10:32:00 PM
Friday, June 10, 2022

Siena Hills is one of the newest communities in the Tri Cities. Located in South Richland, WA on the back side of Badger Mountain, Siena Hills offers a beautiful, quiet neighborhood to call home. Some of the amenities of this neighborhood include: walking trails, high-speed internet, future community pool, parks, and more! Riverwood Homes has several move-in ready homes to choose from including: the Arlington, Olympia, Lincoln, Messina, and Madison. 

Please contact our representing real estate agents to schedule a tour of the community and to visit our homes!

Jason Barrow - jb@rcsothebysrealty.com; 509.308.2102
Greg Johnston - greg@rcsothebysrealty.com; 509.539.3834

Posted by riverwoodadmin at 6/11/2022 2:34:00 AM

Since 2010 housing experts have talked about the “Missing Middle” in housing supply. These homes would fill the gap between multi-family housing and typical single-family homes on quarter acre lots. These homes are typically smaller and clustered closer together than what we’ve seen in many neighborhoods over the past half century.

To be desirable, these Missing Middle homes need to designed to fit in a neighborhood filled with other single-family homes, and they need to have the amenities and luxuries that buyers want.

Riverwood Homes has 6 home models that fill this Missing Middle. Ranging from 1,415 to 2,510 square feet, these homes have all our typical features like soft-close cabinets, walk-in showers, walk-in pantries, under cabinet lighting, EV outlets, and a ton of energy saving features. These homes offer our livable luxury and meet the needs of a group of home buyers that have been overlooked in recent years.

And we have all 6 of them available in our Lavender Heights neighborhood in Meridian, Idaho. Here’s a quick introduction to these homes.

 

The Hamilton

1,415 sf

2 bedrooms, 2 bathrooms

 

The Hampton

1,646 sf

2 bedrooms, 2 bathrooms

 

The Hampton 2

2,237 sf

3 bedrooms, 3 bathrooms, bonus room

 

The Cumberland

1,736 sf

2 bedrooms, 3 bathrooms, bonus room

 

The Ashland

1,888 sf

3 bedrooms, 2.5 bathrooms

 

The Woodland

2,510 sf

4 bedrooms, 3 bathrooms, bonus room, den/office

 

All 6 of these floorplans are available. If you’d like more information, please reach out to our sales partners at John L. Scott here:

Ryan Kerfoot: 208-703-5446 | ryank@johnlscott.com

Carlos Bendeck: 208-867-7302 | carlosb@johnlscott.com

 

 

Posted by riverwoodadmin at 6/10/2022 10:36:00 PM
Friday, May 13, 2022

Open houses are happening again this weekend in Siena Hills!!

We've added Fridays to our Open House schedule, to give you more opportunities to tour our homes!

Friday 5/13 (12 pm - 3 pm)

Saturday 5/14 (12 pm - 3 pm)

Sunday 5/15 (12 pm - 3 pm)

Here is a Google Map link: https://goo.gl/maps/WLVmyQgBZuR2ocuh8

We have several new, move-in ready homes for you to see!

Please contact our real estate agents for more information: Jason Barrow 509.308.2102 Greg Johnston 509.539.3834

Posted by riverwoodadmin at 5/14/2022 12:08:00 AM
Wednesday, May 11, 2022

We couldn't be prouder of our Mesquite model we entered into the Boise Spring Parade of Homes. We shared a few pictures of the home here, But we also have a Virtual Tour of this home. Here's where you can virtually walk through this amazing home:

 

If you'd like to see more Virtual Tours of our homes, you can visit our complete gallery here:

 

Posted by riverwoodadmin at 5/12/2022 3:32:00 AM
Friday, April 29, 2022

Join us this weekend for our first Open House in the brand new community of Siena Hills in South Richland!!

Saturday (4/30): 12 pm - 3 pm

Sunday

Posted by riverwoodadmin at 4/30/2022 6:30:00 AM
Thursday, April 14, 2022

LAST HOMES IN GOOSE RIDGE ESTATES

 

Riverwood Homes is down to our last two homes in Goose Ridge Estates! If you’re looking for a home in Richland, WA in the Badger Mountain South community, we’ve got a couple great options for you:

 

The Siena

3925 Barbera St

Richland, WA 99352

 

 

 

Our Siena is a single-level home with 3 bedrooms, 2.5 bathrooms, tech room, walk-in pantry, with room for 4 cars or your RV!

 

 

The Odessa

3937 Barbera St

Richland, WA 99352

 

 

 

The Odessa is also a single-level home with 4 bedrooms, 3.5 bathrooms, den w/closet, 3-car garage, butler’s pantry, and a guest suite with private bathroom.

 

Each of these homes is gorgeous with tons of upgrades like granite/quartz counters and soft close drawers. They won’t last long!

 

For more information, or to schedule a tour, contact our great team at Retter & Company Sotheby’s.

 

Jason Barrow

(509) 308-2102

 

Greg Johnston

(509) 539-3834

 

 

 

*Our floor plans, features, and square footages are subject to revision and alteration. Often when we build spec homes we deliberately add or exclude certain features that may be shown in the floor plans above.

Posted by riverwoodadmin at 4/14/2022 11:37:00 PM
Friday, October 22, 2021

Riverwood Homes has two newly completed homes in the Tuscany subdivision in Boardman, OR. These two homes are the final homes available in Tuscany phase 2. One home is a beautiful, single-level Odessa with stucco exterior. The other is a stunning, two-story Madison with a beautiful, spacious backyard. Both houses sit on premium lots overlooking the greenspace of the neighboring school. These are two of the finest  new homes that you will find in Eastern Oregon and we hope that you will contact us to schedule a visit!

Posted by riverwoodadmin at 10/22/2021 9:10:00 AM
Friday, September 24, 2021

The 2021 Virtual Parade of Homes in Tri Cities, Washington is available now until October 31st, 2021. Please visit the official website to see pictures and 3-D tours of the four houses that participated in this year's Virtual Parade. We are grateful to our employees, suppliers, trade partners, HBA of Tri Cities, and others who helped us participate in this wonderful event.  

https://my.matterport.com/show/?m=wE8DT3rVKYs

Posted by riverwoodadmin at 9/25/2021 2:50:00 AM
Friday, September 10, 2021

Fortune.com published an article on August 26 showing a list of “overvalued” home markets. Right at the top of the list is Boise, Idaho selling at an 80.64% premium. What does this mean?

 

First of all, using the term “overvalued” makes it sound like the value isn’t really there. That a Boise homebuyer isn’t getting what they’re paying for, and that 80% of the investment they’re making in their home can simply disappear. Let’s dig a little deeper.

 

The Florida Atlantic University study the article was based upon used the Zillow Home Value Index over the past 25 years as a base point. Meaning that we’re comparing today’s home prices to home prices as far back as 1996. The graph below from the St. Louis Fed shows what’s been happening to Boise area home prices over time. This is what we’ve all seen over time, the home prices in Boise have gone up dramatically.

 

 

So home prices have gone up, but are they “overvalued”? This is a supply/demand issue. We’ve all seen those “greatest places to live” articles over the past 20 years that show Boise near the top of every list. That creates interest in the area and people wind up moving here. If the supply of homes can’t keep up with new demand (new local households being formed and looking for homes along with people relocating from other places) then prices increase.

 

The associate dean at FAU’s College of Business makes this statement:

“In the Top 10 markets, potential buyers might want to consider renting and reinvesting money that they otherwise would have put into homeownership.

That actually proves that Boise’s home market isn’t overvalued but is actually responding to market demand. If home prices were truly higher than they were actually worth, then renting would be a viable option. This article by local news site boisedev.com shows how rent prices in Boise are increasing at the fastest rate in the country. Whether people are planning on renting or buying, there’s more demand than the market can currently meet.

Boisedev.com also refutes use of the word “overvalued” by the Fortune.com article and FAU study in an interview with a local real estate broker here.

 

This may sound a little nitpicky. We all agree that Boise home prices and rent costs have increased dramatically. But we shouldn’t be afraid that we’ll suddenly lose 80% of the value in our homes. Those prices are supported by market demand and people wanting to live in a highly desirable area.

 

Posted by riverwoodadmin at 9/10/2021 11:26:00 PM
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