4th of July Festivities 🎇

Local Events and Market News

Author

Donna Wade
July 02, 2024

What’s The Tea with 4D? đŸ”

Summer is officially in full swing, and what better way to kick it off than celebrating the 4th of July this week! đŸ’„

I'm excited to share a list of fantastic local events happening around the Treasure Valley. From dazzling fireworks displays to festive parades, there's something for everyone to enjoy. So grab your sparklers and let's dive into all the fun our community has to offer!

  • Date/Time: Wednesday, July 3rd from 10:00 pm - 10:30 pm

  • Location: Ford Idaho Center in Nampa

  • Admission: Event is free, Parking is $5.00; All ages welcome

  • Head out to Nampa for a spectacular fireworks show at the Ford Idaho Center! Enjoy a dazzling display the night before the 4th, making it the perfect way to kick off your Independence Day celebrations. Even if you have plans on the 4th, you can still catch all the excitement and fun the night before.

  • Date/Time: Thursday, July 4th from 10:00 am - 11:30 am

  • Location: Jefferson and Bannock streets in front of the State Capitol

  • Admission: Free; All ages welcome

  • Come gather in Idaho's Capital City to celebrate our Nation's birth! Judged parade entries will compete for prize money to support Idaho non-profits. Area musicians can join the Armada Honor Marching Band & Color Guard to add to the patriotic fun.

  • Date/Time: Thursday, July 4th from 6:00 pm - 10:30 pm

  • Location: Ann Morrison Park in Boise

  • Admission: Free; All ages welcome

  • Spend the evening at the park and enjoy the free fireworks show synced to music on 107.1 Hank FM. Fireworks are scheduled to fill the sky starting around 10:15 p.m. (dusk) on the 4th of July, but festivities in Ann Morrison Park begin at 6 p.m.

  • Food and drink vendors will be on site with concessions available for purchase throughout the evening. This year's food trucks feature a variety of fresh fusion foods, sweet treats, and summertime classics. Beer and wine will be available for purchase for those 21 and older.

  • Please Note: Ann Morrison Park will be closed to vehicles all day on Thursday, July 4, 2024. But people who plan to watch the fireworks are welcome to ride-share, walk, or bike into the park throughout the day.

  • Date/Time: Thursday, July 4th 9:00 am - 10:30 pm

  • Event Locations:

    • 4th of July Parade - Downtown Caldwell

    • Classic Car Show, Food Trucks, Local Vendors, and More - Memorial Park

    • Evening Fireworks and Food Trucks - Brother’s Park

  • Admission: Free; All ages welcome

  • Celebrating 248 years of American freedom. Join us for all the 4th of July fun in Caldwell! The Stars, Stripes, and Rodeo Independence Day Celebration is brought to you by the City of Caldwell and presented by Caldwell Night Rodeo, celebrating their own 100 years of rodeo tradition in Idaho.

  • Date/Time: Thursday, July 4th from 4:00 pm - 11:00 pm

  • Location: Kuna Square - Greenbelt Area behind City Hall

  • Admission: Free; All ages welcome

  • Head down to Kuna for an unforgettable 4th of July celebration! Enjoy a fantastic lineup of food trucks serving delicious eats, live music to get you dancing, refreshing drinks to keep you cool, and a spectacular fireworks show to end the night with a bang.

  • Date/Time: Thursday, July 4th from 9:00 am - 2:00 pm

  • Location: Middleton Place Park

  • Admission: Free; All ages welcome

  • Enjoy amazing local food and artisan vendors, bounce houses, live music from Good Time Charlie, and the annual Show & Shine Middleton Car Show. The parade down Main Street starts at 11:00 am, so be sure to arrive early and enjoy a fun-filled day of activities!

Focus on Time in the Market, Not Timing the Market đŸ•°ïž

Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered.

If you’re able to buy at today’s rates and prices, it may be better to focus on time in the market, rather than timing the market.

The Downside of Trying To Time the Market 

Trying to time the market isn’t a good strategy because things can change. Here’s an example. For the better part of this year, projections have said mortgage rates will come down. And while experts agree that’s still what’s ahead, shifts in various market and economic factors have pushed back the timing of when that’ll happen. Here’s how that’s impacted homebuyers who’ve been sitting on the sidelines. As U.S. News says:

“Those who put off buying a home during the past few years as they were holding out for lower mortgage rates have been left out of the market . . . mortgage rates have stayed higher for longer than previously expected, keeping monthly housing payments elevated. In other words, affordability didn't improve for those who chose to wait.”

This is why timing the market may not pay off if you’re ready and able to buy now.

The Proof Is in the Pudding: How Homeowners Benefit from Rising Home Prices

Delaying your plans also means missing out on the equity you’d gain if you went ahead with your purchase today. And the potential equity gains that are at stake may surprise you.

Each quarter, Fannie Mae releases the Home Price Expectations Survey. It asks over one hundred economists, real estate experts, and investment and market strategists what they forecast for home prices over the next five years. In the latest release, experts are projecting home prices will continue to rise through at least 2028 (see the graph below): 

To give these numbers context, let’s take a look at a breakdown of what you stand to gain once you buy. The graph below uses a typical home’s value to show how a home could appreciate over the next few years using those HPES projections: 

In this example, let’s say you went ahead and bought a $400,000 home at the beginning of this year. Based on the expert forecasts from the HPES, you could gain more than $83,000 in household wealth over the next five years. That’s not a small number.

This data helps paint the picture of why time in the market really matters.

The Advice You Need To Hear If You’re Ready To Buy Now

Right now, you may be focused on what’s happening with mortgage rates and how those impact your monthly payment, but don’t forget to factor in home prices.

Prices are expected to continue climbing, just at a more moderate pace. And while a moderate rise in prices may not be fun for you now, once you own a home, that growth will be a huge perk. That’s the time in the market piece.

Sure, you could try timing the market, but the equity you’ll be missing out on in the meantime is something to seriously consider. If you’re ready and able to buy now, you have to decide: is it really worth waiting?

Rather than focusing on timing the market. It’s better to have time in the market.

As U.S. News Real Estate sums up:

“There's never a one-size-fits-all answer to whether now is the right time to buy a home. . . . There's also no way to predict precisely what the market will do in the near future . . . Perfectly timing the market shouldn't be the goal. This decision should be determined by your personal needs, financial means and the time you have to find the right home.” 

Bottom Line

If you’re debating whether to buy now or wait, remember it’s time in the market, not timing the market. And if you want to get the ball rolling and set yourself up for those big equity gains, let’s connect to make it happen.

Curious about the local market? Let's catch up and discuss your plans and questions. Your first coffee or tea is on me! 😊

Use the button below to choose a date and time that suits your schedule. Once booked, I'll personally reach out to confirm the location and we’ll go from there. Don’t wait—reserve your spot now and let’s get your real estate journey started on the right path.