Market Conditions - July 21, 2006 by Carla L. Davis
Did you know that Boise, Idaho, is the third largest city in the Pacific Northwest? This "Treasure Valley" is on the move. Experts have been touting the expected boom in Boise for years now -- and it now appears to be a reality. "Now is the time to invest," reports one expert to Realty Times. "Boise is a strong market, for the most part balanced between buyers and sellers. The unprecedented population increase is partially due to excellent employment gains in the past year, especially in the construction sector. Interest rates are also down, and as Boise has always been attractive and affordable, people are streaming in to buy homes." And homes are selling quickly -- in less than 2 months time (53 days). Average prices are $196,200 -- up nearly $20,000 from 2003. While new construction has slowed in much of the country, "the new construction market is moving along nicely with an excellent inventory; and for those with different tastes, there are some lovely refurbished older homes downtown." | 
