Doug Felton Real Estate at Powerhouse Real Estate Group

02/17/2026

Come check out this creekside 1-owner home in SE Boise's Bown Crossing before it's gone! Main level primary and office, upstairs large flex room plus 2 bedrooms w/en-suite's, an over-sized garage, and just steps from the Boise River Greenbelt. Check out the listing for all details & photos. Just went on the market late yesterday and already seeing high interest. If you aren't working with an agent and would like to view it, let me know and I'll direct you to another great agent in my office who is familiar with the home to help you as I am working exclusively for the seller. Powerhouse Real Estate Group

For sale: 3 bed, 4 bath, 2,753 SQFT house. Enjoy effortless access to the very best of Boise from this highly sought-after neighborhood... $1,275,000.

02/04/2026

Congrats to all the 2025 Top Producers from my brokerage for this terrific accomplishment! We have a great group of agents who collaborate well and a super support staff that enable us to focus on our clients. Cheers to all. Powerhouse Real Estate Group

01/14/2026

I wish they were dropping this into my backyard instead! These folks will be ready as soon as the summer weather arrives. Backyard Oasis Pool And Patio

01/08/2026

Another article to keep you informed... note the interesting datapoint of ~40% of homes don't have a mortgage.

The "Mortgage Rate Lock-In" Might Be… Kinda Fake (from HousingWire)

For years, the housing internet has insisted Americans are trapped by their ultra-low mortgage rates like golden handcuffs. The theory goes: nobody with a 3% rate would ever sell and buy again at 6–7%, so housing inventory should be frozen. Sounds logical.

Turns out… the data doesn't really back it up.

According to new analysis from Logan Mohtashami, more homeowners now have mortgage rates above 6% than below 3%. As of Q3 2025, 21.2% of homeowners carry rates over 6%, while only 20% are at 3% or lower. Back in early 2022, that relationship was flipped. The middle ground is shrinking too: homeowners with rates between 3% and 4% dropped from 40.5% to 31.5% in just a few years.

So who's giving up a 2.5–5% mortgage to buy at a higher rate? Normal people, apparently.

Rate alone isn't the whole payment equation. Home prices, equity, loan size, taxes, insurance, and income all matter, and today's homeowners are sitting on far more equity than during the housing crash. FICO scores are strong, wages are higher, and foreclosure rates still haven't even returned to 2019 levels.

Inventory adds another wrinkle. Active listings are still below "normal" (about 1.43 million vs. the usual 2–2.5 million, per National Association of Realtors), but supply has been growing. And a key stat gets overlooked constantly: roughly 40% of homes don't have a mortgage at all, meaning there's literally no rate to be locked into.

So when you're sitting at family dinner, you can sound like a smarty pants by saying, "yes. rates do influence behavior, but they don't override life. People still move for jobs, family, space, divorce, downsizing, or opportunity". The lockdown story sounds like the obvious scapegoat, but the data from HousingWire and This Week Today says shows otherwise." You're welcome! – Full Article can be found here (but subscription needed)

New data shows more homeowners now have mortgage rates above 6% than below 3%, challenging the mortgage rate lockdown theory.

01/07/2026

I love getting interesting/relevant articles from my lender connections. This one from Angela Kuznia at SynergyOne. Make sure you read to the end to see why this data on the Manhattan, NY market is important for the rest of the country.

The Office Is Back!... Not The TV Show (from CNBC)
After years of "the office is dead" takes, Manhattan just posted its strongest office leasing quarter in 6 years.

Companies leased 11.87 million square feet in Q4, a 25% jump from the prior quarter, making 2025 the busiest leasing year since 2019 and only 2.4% below pre-pandemic levels, according to Colliers. The surge is being driven by return to office policies, renewed hiring in tech (especially AI), and companies making an effort to choose high quality office space.

Major tenants like Amazon, New York University, and BlackRock all expanded, while AI firms quietly soaked up space across the city. Demand in Q4 ran 16% higher year over year and sat more than 40% above long-term averages, numbers that don't happen by accident.

Honestly though, why would any of this matter to people who don't work in Manhattan??

New York is well recognized as being the bellwether for U.S. office real estate. When leasing stabilizes here, it reduces pressure on banks, pension funds, insurance companies, and city tax bases nationwide. Office buildings back trillions in loans and retirement assets. A functioning Manhattan office market lowers the risk of financial stress spilling into housing, lending, and local economies elsewhere.

That tightening demand is finally pushing rents up. Average asking rent hit $76 per square foot, the highest since 2020, while top-tier Class A buildings climbed to $83. Nearly 70% of all leased space went to four- and five-star buildings, including the year's biggest deal, Deloitte, which is now leasing 800,000 square feet at Hudson Yards.

Is the market fully healed? Not yet. Manhattan has only shed about half of its post-pandemic excess office supply, and analysts say conversions and steady demand need to continue through 2026 and 2027. But this quarter sends a clear signal: the office did not in fact disappear. In fact, it's evolving. – FULL ARTICLE AT cnbc.com/2026/01/06/manhattan-q4-office-leasing-rebound.html!

01/02/2026

Happy New Year to you - my friends and clients. And with the new year, the interest rate discussions and speculation continue. If inflation can get in check and mortgage rates continue easing it will improve much needed housing affordability in 2026. If you're thinking of Buying a home in 2026, now is a good time to get with a lender to get things lined up. If you need suggestions or help just reach out to me.

The Federal Reserve will see big changes in 2026, with major implications for borrowing costs, the housing market, and the overall economy.

11/27/2025

A sincere thanks from me to all my clients plus all my friends and family who have supported me - I truly wish you all a very Happy Thanksgiving today with your families. I'll be starting the Traeger here shortly, then enjoying the Macy's parade with our grandson, and helping get ready for dinner with family this afternoon.

11/20/2025

50yr mortgages, Crypto backed mortgages, and Portable mortgages - all sound good when you first hear about them but this article explains why none of them ultimately solve the housing affordability issue. Don't miss the section "Why none of these fix affordability".

The FHFA is weighing portable, 50-year, and crypto-backed mortgages. Experts warn they may raise prices instead of making homes more affordable.

10/28/2025

Ever wanted a luxury vacation home somewhere you love to visit but can't justify paying for the whole enchilada to visit just a few times a year and don't want to hassle with the furnishings and maintenance? Maybe consider Co-Ownership (actual ownership - not a timeshare) as an option. Park City, Florida Keys, Jackson Hole, Scottsdale, Hawaii, Bend to name a few. I recently learned about Pacaso and feel it's great option for some people. Check it out at https://www.pacaso.com/ then let me know what you think.

Here are a few examples:

10/25/2025

I have a couple Canyon County listings ready for new owners! If you know anyone looking have them get ahold of me for details.
Cute mid-1900's home on nearly 1/3acre corner lot in Nampa. Original hardwood floors, oversized garage connected with a lovely breezeway, and loads of parking for RV's, trailers, toys. MLS 98964262

1-Acre building lot on SW side of Lake Lowell with no minimum time to build. Bring your own builder, then just put in well & septic! MLS 98964747

09/17/2025

It's been a crazy past 2-months helping clients on both the Selling and Buying fronts! First 4 are recent listings and the last home just recently closed for an out of state Buyer and I kid you not, we looked physically at over 50 houses to find the right house - not that they were picky or that our criteria was too open, just that they had alot of flexibility in what they'd consider across a very large area of the valley and it was a process to help them figure out where they didn't want to be. In the end they got a great Home. More in the works, and mortgage rates are dropping so good news for Buyers!!