January 2023 Newsletter

Industry News



Happy New Year! As we close the book on 2022 and look ahead to the opportunities and challenges of 2023, we wanted to take a moment to express our sincerest gratitude for your unwavering support of our association. Your commitment to professionalism and excellence has played a crucial role in our success, and we are honored to have you as a part of our community.

Entering the new year, we are filled with hope and optimism for the future. We are confident that, together, we will continue to make a positive impact on the real estate industry in Idaho and beyond. We look forward to working with you to achieve even greater heights in the year ahead.

We hope that 2023 brings you personal and professional fulfillment, and we wish you all the best for a happy and successful year.

2023 Day at the Capitol

On February 2nd, 2023, the Idaho REALTORS® will be hosting its annual Day at the Capitol event in Boise. This is a great opportunity for our members to come together and advocate for issues that are important to the real estate industry.

To help prepare for Day at the Capitol we have put together a short video preview featuring Governor Brad Little, newly elected Lt. Governor Scott Bedke, Supreme Court Justice Robyn Brody, and Majority Caucus Leader Megan Blanksma.

We encourage all of our members to mark their calendars for this exciting day and to watch the video preview to learn more about what to expect. We look forward to seeing you at the Capitol on February 2nd!


2023 Legislative Reception

You are cordially invited to the 2023 Legislative Reception - February 2nd, 2023. Idaho REALTORS will be hosting at Besides Bardenay restaurant in Boise. This event is a great opportunity for our members to socialize with elected officials from the Idaho State Legislature.

Drinks and appetizers will be served, making it the perfect chance to relax and enjoy each other's company after a day of advocacy at the Capitol. We hope to see you there!


Receive your ABR Designation in 2023

Register Today

In 2023, the Idaho REALTORS® and Boise Regional REALTORS® will offer two courses to help members earn the Accredited Buyers Representative (ABR) designation. The first course, the ABR Designation Course, will be held on May 24-25. The second course, the Marketing Strategy and Lead Generation ABR Elective will be held on December 5th. Members taking both courses will receive their ABR designation for 2023.

What Is The ABR Designation? 

The ABR designation is for real estate buyer's agents who focus on working with buyer-clients throughout the home-buying process. Earning the ABR designation involves completing the two-day core designation course and one ABR elective course and documenting five completed transactions in which the agent acted as a buyer representative. In addition, the agent must be a member in good standing of the Real Estate Buyer's Agent Council (REBAC) and the National Association of Realtors (NAR). A passing score on the ABR exam is required for some states to receive continuing education credit. The cost of the courses and membership fees for REBAC will vary.

Learn More

ICYMI: 2023 Forms Update

In case you missed it, make sure to watch the December Wednesday Webinar with Jason Risch, where Jason gives a sneak preview of the upcoming Forms Changes coming in 2023.


As we start 2023, we wanted to provide our members with a look back at the state of the housing market in Idaho and across the nation last year. We hope that these resources will be helpful as you begin the new year and continue to grow your real estate business.

In November 2022, the housing market in Idaho saw home prices decrease by 0.45% year-over-year, with a median price of $464,500. The number of homes sold also decreased by 40.5%, with 1,529 homes sold in November 2022. The median days on the market increased by 27 days to 52. The number of homes for sale in Idaho increased by 7.8% year-over-year to 6,852 homes, while the number of newly listed homes decreased by 38.2% to 1,185 homes. The months of supply increased by 2 to 4 months. 10.5% of homes in Idaho sold below list price in November 2022, a decrease of 11.9 points year-over-year. The sale-to-list price was 97.1%, down 1.7 points year-over-year.......

Continue Reading at IdahoREALTORS.com

Industry News

Housing market in the throws of a winter freeze, says Realtor.com Sr. Economist George Ratiu

By CNBC.com

George Ratiu, Realtor.com senior

economist, shares an update on the state of the housing market, how future rate hikes could impact home buying and how the housing market could look in two years.

Watch the Full Video

Upcoming Courses

February 16-17

GRI 101


Taxation & Investment Property; Tax & Self-Employed

Twin Falls: The GRI 101 Taxation and Investment course in Twin Falls covers important topics for REALTORS®, such as the tax-deductibility of Real Estate Taxes on a principal residence, changes to home mortgage and home equity indebtedness interest deductibility after tax reform, the latest on IRC 1031 Exchanges, and the impact of tax changes on deductions for real estate investment properties.

February 22-23

GRI 102


Professional Standards - Ethics; Risk Reduction

Boise: GRI 102 is a two-day course which covers ethical business practices and risk management for a successful real estate career. It includes sessions on the NAR Code of Ethics and its enforcement, as well as training in identifying and avoiding risks in the real estate industry.

February 27-March 2

Real Estate Law


Idaho Broker

Prelicense Course

Boise: Real Estate Law is an Idaho Broker prelicense course which covers general principles of state real estate law. It is required for licensure and will be taught by John Jameson. The class runs from Monday to Thursday, 8:30 am to 5:00 pm, and full attendance is required. It is IREC approved, with code LW002 and offers 30 CE hours for $350.

Upcoming Events

Subject to changes. Updates may be found at idahorealtors.com.

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