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The Iron Eagle Realty Team at Silvercreek Realty Group
Boise Idaho Real Estate
Boise Idaho Investment Real Estate



The Iron Eagle Realty Team's mission is to assist you, our client, in the sale and purchase of personal homes, investment real estate and commercial real estate properties in the state of Idaho, specifically the Boise Idaho Real Estate Market. Our specialties include single family residential units, residential income properties (2-4 units), apartments (5+ units), commercial properties and 1031 Exchanges. Our team has a broad-based market knowledge in areas such as the marketing and selling of personal homes, investment properties, cash flow and return on investment analysis, property management, tax implications, short sales and foreclosures. In addition we have helped many homeowners and investors avoid foreclosure by successfully completing short sales. We handle our customers and clients with empathy and honest truths so they can make informed decisions as they advance in the process of buying and selling real estate that meet specific needs. If you are looking for your next Home or the Perfect Investment Property, you can click here to use our Automated Dream Home Search Tool.

Michael Hon, CEO of The Iron Eagle Realty Team and Associate Broker with Silvercreek Realty Group has been successfully helping homeowners and investors since 2005 in the Boise Idaho Real Estate market. Michael has an MBA and a BSEE.

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Buying a House? 4 Reasons to DO IT NOW
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Here are four great reasons to consider buying a home today, instead of waiting.

1. Prices Will Continue to Rise

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects appreciation in home values over the next five years to be between 30.8% (most optimistic) and 9.4% (most pessimistic).

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Although the Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage are currently around 4.2%, Freddie Mac is projecting that rates will increase to 5.2% by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

3. Either Way, You are Paying a Mortgage

As a research paper from the Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

4. It’s Time to Move On with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But, what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe it is time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

The Iron Eagle Realty Team's mission is to assist you, our client, in the sale and acquisition of real estate properties in the state of Idaho, specifically the Boise Idaho Real Estate Market. Whether you are buying or selling a home, whether it is a foreclosure, short sale or equity property, we handle our customers and clients with empathy and honest truths so they can make informed decisions as they advance in the process of buying and selling real estate that meet specific needs.
PS: We've Helped More Buyers and Sellers than 99.8% of any Local Realtor
Click Here to Search 24/7 for The Best Real Estate Deals in Boise!
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Regards, Michael Hon, REALTOR®
CEO, The Iron Eagle Realty Team
Associate Broker, Silvercreek Realty Group
Certified Short Sale Specialist®
Investment Property Consultant
Direct: 208.919.0458 Office: 208.939.9033 Fax: 208.514.1422
www.IronEagleRE.com Michael.Hon@IronEagleRE.com



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Michael Hon, Iron Eagle Real Estate

Idaho Homes For Sale

Michael Hon of Iron Eagle Real Estate is your trusted source for experienced real estate services in Boise and throughout the Treasure Valley. With extensive knowledge in handling foreclosures, short sales, and more he has the skills you will need to navigate today's often turbulent real estate market.
Contact Michael
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