ACAR Installs 2016 President Carey Farmer; Shares Forthcoming Name Change


Carey Farmer 2016 President

Carey Farmer
2016 President

The Ada County Association of REALTORS® (ACAR) hosted its 2016 installation ceremony at Boise State University (BSU) on December 18, 2015. The event included a performance by the BSU Main Line Dancers — a tribute to the association’s 2016 President, REALTOR® Carey Farmer, who is a BSU alumna and former Main Line Dancer.

Farmer is an associate broker at Group One Real Estate and has been a REALTOR® for eight years. In addition to her service at ACAR, she is involved with the Junior League of Boise and the Boise Police Auxiliary.

“I couldn’t be more excited about the opportunities we have in 2016,” said Carey Farmer. “As President, I plan to focus on two areas — advocating for the value that REALTORS® bring to consumers, and educating members about the resources available through the association. The increase in data and technology that’s available to consumers, paired with the fast pace of our local market, makes REALTORS® more valuable than ever. They help people navigate the ever-changing process of buying and selling homes, and can personalize transactions to the needs of each buyer and seller. Similarly, the association helps members navigate the changes in the real estate industry, by offering tools, statistics, classes, and more, suited to the individual needs of their businesses.”

During the installation event, ACAR’s Chief Executive Officer, Breanna Vanstrom shared that the association will be changing its name to Boise Regional REALTORS® in 2016. The association was known as the Boise Realty Board from 1920-1964, then as the Boise Board of REALTORS® starting in 1964, and then as the Ada County Association of REALTORS® starting in 1990. Vanstrom had this to say about the new President and forthcoming name change:

“We have a long tradition of outstanding leadership at the association which will certainly continue with Carey. She is a successful REALTOR® who thoroughly understands the issues and opportunities facing our industry, and will use her insights and experiences to strategically guide our organization. This will be especially important as the organization changes its name to Boise Regional REALTORS® in early 2016. By re-introducing Boise into our name, we hope to support the efforts of groups BVEP and the Visitors Bureau, as they work to ‘brand’ our community in the minds of people across the country. But also, our members don’t just do business in Ada County, and we want our name to reflect the expanding area in which our members live and work.”

An official announcement and more details about the name change will be shared soon.

Other leaders who were sworn in to serve on behalf of the association include President-Elect Katrina Wehr of Silvercreek Realty Group, Vice President Gary Salisbury of Red Barn Real Estate, Treasurer Danielle Cullip of Silverhawk Realty, Immediate Past President Brenda Kolsen of Silverhawk Realty, two new Directors Krista Deacon of Silvercreek Realty Group and Jeffrey Wills of Amherst Madison Legacy, and five new State Directors Becky Enrico-Crum of Andy Enrico & Company, Shirley Koch of Coldwell Banker Tomlinson Group, Carolyn Sinnard of Happy Dog Realty, Susan Weaver of Group One Real Estate, and Greg Winther of Silvercreek Realty Group.

They will work alongside the association’s continuing Directors Michelle Bailey of Keller Williams Realty Boise, Jared Cozby of Front Street Brokers, Dianne Hough of Group One, and Bob Van Allen of Coldwell Banker Tomlinson Group, and continuing State Directors Chase Craig of Keller Williams Realty Boise, Phil Mount of Front Street Brokers, Gary Salisbury of Red Barn Real Estate, and Katrina Wehr of Silvercreek Realty Group. The associations is also represented on the National Association of REALTORS® Board of Directors by Kit Fitzgerald of Red Barn Real Estate, whose term goes through 2016.

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The Ada County Association of REALTORS® (ACAR) represents more than 3,600 real estate professionals throughout the Boise region, providing resources to help members conduct their businesses professionally, ethically, and successfully. For more information, visit

REALTORS Offer Guidance, Advice on Tough Mortgage Process

While in many areas of the country purchasing a home is still very affordable, buyers are watching mortgage rates trend upward, which may make it harder to obtain a loan for that dream house. In addition, tight credit restrictions have kept some qualified buyers from becoming homeowners.

“There are still great opportunities for buyers in today’s market,” said Gary Salisbury. “And homes are still affordable, but today’s buyer needs to be savvy and knowledgeable about the mortgage application process. Being fully prepared will help consumers avoid problems and qualify for a loan without any hiccups.”

Applying for a loan can be a confusing process for many, but there are some steps you can take to make sure you avoid hurdles along the way. Ada County Association of REALTORS (ACAR) has several tips for buyers applying for a loan. Since mortgage lenders evaluate your income, savings and credit history, it’s important to carefully examine your finances and know your credit history.

Also, do not close any credit accounts within six to 12 months before you apply for a mortgage. Make sure to keep older accounts open even if they are unused. Salisbury says this is because the average age of credit accounts is a factor in scoring performance over time. ACAR explains that you should also watch the balance-to-credit limit with a goal of keeping the balance below 30 percent of the available limit.

When it comes to types of mortgage loans, most buyers choose a 30-year fixed rate. With this longer term mortgage monthly payments are lower than other loans. It also means the principal is paid back over a longer period of time. The combination of affordability and stability make this mortgage popular among buyers.

“The 30-year fixed rate has been extremely popular in recent times,” said Salisbury. “Consumers want certainty and the 30-year fixed rate is stable. over a long period of time. Buyers feel protected when they choose it because the payments are predictable. It’s also especially popular among young and first-time buyers. The lower monthly payments and fixed interest rate makes homeownership viable for many buyers who are just starting out.”

Consequently, recent proposed legislation and reforms to the secondary mortgage market could put the 30-year fixed rate at risk and unavailable to many. According to the ACAR the legislation would effectively eliminate the 30-year fixed rate for middle class buyers.

“Right not there’s no government guarantee in the legislation that supports the 30-year fixed-rate mortgage,” said Salisbury. “That means it won’t be offered except to borrowers with a high down payment and a very high credit score. This puts many young and first-time buyers in jeopardy. When buyers choose riskier adjustable rate mortgages, they face uncertain monthly payments, are subject to volatile rising interest rates and are less able to accommodate life changes.”

ACAR says Realtors® are working hard to with key legislators and regulators to address this issue. “Realtors® want to make sure that safe and affordable loan products like the 30-year fixed rate mortgage are available to today’s buyers,” said Salisbury. “We want to make sure everyone who is willing and able to own a home has the ability to achieve that dream.”


Sarah Kestler | Director of Communications
Ada County Association of REALTORS