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It's easy to see...
Drive into the "valley of plenty," via Highway 16's Freeze-out Hill and you’ll see orchards and fields stretched out before stark foothills where a century ago outlaws found refuge. Head on into Emmett and you’ll soon feel that legendary small-town serenity. New housing developments are nearly hidden in the rolling hills surrounding town.

This is a place where big city life meets small town quiet living, and we like it just fine...
From the tree-shaded park across from the railroad depot to the drive-in café where neighbors meet over a flavored soda, Emmett is a town linked to its past but poised for the future. We invite you to get to know our town, and look around the rest of the Treasure Valley as well - we can show you some of the best homes and properties available and have the experience you'll want when the time comes to make the move.

Talk to our agents and you'll see why we love where we live!



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EVANS REALTY LLC Blog

Experts Forecast a Turnaround in the Housing Market in 2023

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Experts Forecast a Turnaround in the Housing Market in 2023

 

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.

 

Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing, and overall market activity is starting to pick up. All of that’s great news for the housing market this year. Here’s what experts are saying.

 

Cristian deRitis, Deputy Chief Economist, Moody’s Analytics:

 

 

“The current state of the housing market is that it is certainly in transition.”

 

 

Susan Wachter, Professor of Real Estate and Finance, University of Pennsylvania’s Wharton School:

 

 

“Housing is going to ease up. I think 2023 will be a turnaround year.”

 

 

Lawrence Yun, Chief Economist, National Association of Realtors (NAR):

 

 

“Mortgage rates have fallen in the recent past weeks, so I’m very hopeful that the worst in home sales is probably coming to an end.”

 

 

Robert Dietz, Chief Economist and Senior Vice President, National Association of Home Builders (NAHB):

 

 

“. . . it appears a turning point for housing lies ahead. In the coming quarters, single-family home building will rise off of cycle lows as mortgage rates are expected to trend lower and boost housing affordability.”

 

 

Bottom Line

If you’re thinking about making a move this year, a turnaround in the housing market could be exactly what you’ve been waiting for. Let’s connect to talk about the latest trends in our area.



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WHERE WE SERVE
Emmett, Idaho is located in western Idaho and in Gem County. It is less than 30 miles from the state capital of Boise. Originally named after the son of postmaster Thomas Cahalan, Emmett serves as the county seat and has a resident population of about 5,500 in the city and 18,500 in the county. Our main communities are Sweet, Ola, Letha, and Emmett. This area has a rich history in agriculture and is home to some of the finest fruit orchards in the Northwest.


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WHO WE ARE

Evans Realty was established in 1985. Our original Emmett office location has housed a real estate office since the 1940's. With generations of real estate agents and brokers, we are a landmark within our community, attracting buyers and sellers of all types, within our community, as well as visitors just passing through.


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WHAT WE DO

With the ever changing real estate market, our knowledgeable agents specialize in everything from first time home buyers, farms & ranches, and commercial properties, to auction and bank owned properties, and HUD homes. We combine exceptional customer service, and cutting edge technology with downhome ethics to ease our clients through the purchase and sale process.



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