What’s the Doctrine of Merger in Real Estate?

What’s the Doctrine of Merger in Real Estate?

If you’re buying or selling a home in Idaho, you might hear about something called the doctrine of merger. It’s a fancy legal term that basically means once the deed is delivered and accepted, the real estate contract is considered “merged” into the deed. In plain...
November 2024 Canyon Market Snapshot

November 2024 Canyon Market Snapshot

Provided by Boise Regional REALTORS® in partnership with the Idaho Policy Institute. The MSP for existing homes increased in November for the first time since June. When comparing resale homes sold in November versus October, the square footage and acreage between the...
October 2024 Canyon Market Snapshot

October 2024 Canyon Market Snapshot

Median Sales Price In October, the median sales price experienced a slight decline, affecting both new and existing (resale) homes. On average, homes sold for $31,000 less than their original listing price. This suggests that buyers currently have greater leverage in...