Heritage Commons in Meridian Idaho
Once again the Boise real estate market is getting national attention for it’s recovery over the last year. This list put out by Forbes magazine focuses on 10 markets that by their standards have not gotten the national recognition that they deserve for the speed and level of recovery they have seen. These numbers based on affordability, rising median price, shrinking inventory and days on market paint a pretty picture for sellers in 2013. How does this fare for buyers? read the link and let me know your thoughts in the comments below.
Boise. As Idaho’s capital city, Boise’s median prices are up 9.1 percent for the year, houses sell in a median 79 days, and they’re affordable— a $169,000 median price. Like other outperformers, unemployment is well below national norms — 6.2 percent — and the city is home for major employers, including Boise-Cascade wood and paper products, Morrison Knudsen engineering and Micron Technology.
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