If you love looking at new homes, keeping updated on the latest trends, are looking to purchase a new home, or just love to admire beautifully staged homes, then be sure to join us for the 2023 Treasure Valley Fall Parade of Homes! The tickets are FREE but needed to enter. We LOVE the fall parade around here, as it is a great opportunity to show the Treasure Valley what Riverwood Homes has to offer, how we are different, and what our standard features are. This year we are featuring the Venetia in our new community Lavender Heights. The design selections and perfect floor plan make you instantly feel at home. Be sure to check out https://boiseparadeofhomes.com/ for more information and to purchase your ticket. 

Fall Parade Home Dates & Times:

Sept. 29th- Oct. 1st, Oct. 6th-8th, Oct. 13th-15th

The 2023 Tri-Cities Parade of Homes is going on right now! If you haven't seen some of the beautiful homes in our community, you still have a few chances left. The homes will be open for viewing on September 13th from 1:00 to 7:00, and again on September 16th and 17th from 9:00 AM till 5:00 PM.

We're particularly proud of our Olympia plan with its modern elevation and finishes. Please take some time to dig into the photos below.

You can take a virtual 3D tour here.

You can learn more about this amazing home by contacting the sales team here.

And you can learn more about the 2023 Tri-Cities Parade of Homes here.

Enjoy!

Siena Hills is a fantastic new community in Richland, WA that is growing and selling quickly. We have started our last house in phase #1 of Siena Hills and are just starting our first homes in phase #2. Phase #2 includes a community park and pool that is under construction now. This is a great time to move into a growing community that offers outdoor amenities (pool, park, trails, pickleball, basketball), connection to the Badger Mountain trailhead, and convenient access to Queensgate shopping.

If you are considering building or buying a new home, be sure to stop by our model home in Lavender Heights and talk to a new construction expert! Our team is happy to show you around and answer any questions you may have. We are currently building in a handful of amazing communities in the Treasure Valley and are now accepting new clients. We can't wait to meet you!

Stop by to beat the heat and grab a cold water and a cookie, and let's see if a new Riverwood home is right for you! 

6230 S Sachet Ave. Meridian, ID 83642

Open Thursday-Sunday 12pm-5pm

The Lavender Heights community is hosting an open house this Saturday, July 15th from 11:00am - 2:00 pm.

There will be two food trucks providing free food to all attendees. We will also be celebrating the completion of the community pool and having a raffle for three prizes.

Of course there will be houses to see too. Riverwood Homes, Stylish Homes, Eaglewood Homes, and Core Building Company will be showcasing their available houses.

Please come see this new community and discover why so many people are moving in!

We are excited to announce that we've purchased some lots in the Brody Square subdivision. Brody Square is located in North Meridian near the McMillan and Black Cat intersection. Nearby are dozens of restaurants and stores like Costco, Fred Meyer, and Winco. The neighborhood is located within walking distance to Pleasant View Elementary School and just two miles from Owyhee High School. The community features walking paths, a pond, benches, and a gazebo.  We've started construction on three houses so far, and they will be completed by September. 

Why are Riverwood’s Homes Different? Some features in our homes stand out right away. You often see built-ins, an accent wall or two and a thoughtful amount of storage.    However, some things aren’t as obvious, but definitely worth knowing about, as some of these features make your home more energy efficient, comfortable, convenient, and safer. Here are some things that come standard in most of our homes that you may appreciate and find interesting!

Smart Home Features

• Pre-plumbed for solar PV system
• 50-amp outlet for Electric Vehicle
• Smart thermostat
• Keyless deadbolt
• WIFI Garage Door
• WIFI Sprinkler Clock
• Media panel
• CAT6 ethernet cable
• Dual zoned (two-story homes)

Energy Efficiency

• Energy Star Certified
• Certified as a Zero Energy Ready Home
• HERS rated
• Furnace and ducting located inside the thermal envelope for increased energy efficiency and longer life span of the unit
• Tankless Water Heater
• R-49 enhanced attic insulation
• R-23 Blown-in wall insulation
• Advanced air sealing for a tighter house

Wellness (Clean Air and Moisture Control)

• Indoor AirPLUS certified
• Fresh air intake to bring fresh, filtered air into the house
• MERV 13 air filter to prevent smoke, smog, bacteria, and viruses from entering the home
• Duct cleaning upon completion of construction
• Perimeter foundation drains and gutter drains to control moisture and direct water away from                the house
• Conditioned crawl space with mechanical fan to pull moisture and stale air out of the crawl space

Kitchen Features

• Butler’s pantry
• Soft-close cabinets
• Wall oven/Microwave combo unit
• Cabinet hood
• Pull out trash cabinet
• Cabinet pullout
• Under cabinet lighting

Additional Features

• Hardie siding
• 8’ tall doors on main level
• Larger patios
• Bigger showers
• Laundry room countertop space and utility sink
• Quartz counters in kitchen and bathrooms
• Soft- close cabinets
• Soft-close toilets
• Pre plumbed for water softener
• Patio wired for fan
• 8lb carpet pad
• Freestanding tub in master
• Built-ins w/floating shelves in family room w/fireplace
• Built-in mud bench
• Undermount kitchen and bathroom sinks

***STANDARD FEATURES ARE SUBJECT TO CHANGE. SOME FEATURES ARE FLOOR PLAN SPECEFIC. 

We have a modern style of our popular Olympia floorplan available for purchase in the Lavender Heights community, right across from Discovery Park in Meridian. The Olympia fills it's 2,190 square feet with 3 bedrooms, 2.5 bathrooms, an office space, and a spacious family room and kitchen. The vaulted ceilings and modern elevation make this house elegant and unique. 

Please contact Ryan Kerfoot at 208-703-5446 for more information.

Riverwood Homes will soon be moving dirt in the beautiful and perfectly located subdivision, Brody Square. Brody Square is a single-family home development located near Blackcat and McMillan Road in Meridian, Idaho. Brody Square is close to great schools, shopping, and surrounded by beautiful communities.

Our homes will be between 1,600- 2,600 square feet and a mix of single level and two-story homes. If you are interested in learning more about these homes, be sure to contact one of our team members, follow us on Facebook and Instagram, and/or check out our website for the latest updates and available inventory. 

Team Member:                                                                                                                                                                                                         Ryan Kerfoot/ 208-703-5446/ ryank@johnlscott.com 

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We've been carefully monitoring the inventory levels of houses in the Treasure Valley. In both Ada County and Canyon County, the number of active listings on MLS have been falling since the peak 6 months ago. It's been a difficult six months to be a home builder, but the falling inventory levels give us a reason to be optimistic that the housing market is beginning to stabilize. 

Resale listings in particular have diminished. Part of this is seasonality, but the greater driver is almost certainly that most current homeowners have a very low fixed rate on their mortgage and do not want to trade that for a new home with a much higher interest rate.  As long as interest rates stay relatively high, resale listings seem likely to remain low.

Since resale listings are so scarce, new construction homes are selling at a disproportionately high rate. In recent history, new construction has comprised about 1/3 of the home sales in our market. But in December that number was 45% since there just wasn't much existing product on the market. We expect new construction to continue to represent a large share of home sales in the near term. At the same time, builders have cut way back on their production over the past six months because sales rates and prices have fallen. So the supply of listed new houses will surely continue to drop for a while. At some point soon, we think the level of available houses will get low enough that the housing market will see a shift. We are already below 3 months of housing supply, which is the lowest it's been since June 2022. 

In recent months buyers have understandably been cautious and selective. Housing affordability, interest rates, and inflation have been enourmous obstacles for all home buyers. But our feeling is the time to get a great deal on a discounted house is coming to a close. At Riverwood Homes, for example, we have cleared the majority of our available houses, and we feel the bottom of the housing market is in our rearview mirror. Our message to prospective buyers is to buy now, if you haven't already, and refinance your mortgage later. The good deals and deep price drops are going away!