2019 Idaho Real Estate Blog

Is your Idaho Home Builder full time, part time or on borrowed time? Main Idaho Real Estate Insights
A builder's credibility is at an all time high!

 In 2005, the joke was that anyone with a hammer was becoming a builder! If you lived here then, you would understand. How many people did you know that went from something unrelated, like working in the high tech industry, or related, like a framer, to becoming a builder? I personally met a lot of people who made the jump and built beautiful homes but at the end of the day, were in a rising tide. Now the pie is smaller and as we all know cannot sustain (employ) the amount of people that were in the game, even 6 months ago, builders and subcontractors alike.

Here is a chart that depicts total Idaho home builders by county. It is based on permits, minimum value $60k.

  Ada County Home Builders Canyon County Home Builders
2003 549 273
2004 618 280
2005 711 392
2006 512 394
2007 413 240
2008 Check out our report coming Mid January!  

 

What does this mean to you? Idaho Home builders have been going out of business slowly and we are now deep into the correction period for idaho new construction. Your builder may be solid or barely breathing. You had better know before you sign on the dotted lined if you are building a custom home. Now is a smart time to get a buyers representative to protect you and give you some peace of mind. There is nothing better than an Idaho custom home but don't get caught not having done your homework.

Research credible Home Builders

Locate New Subdivisions across Idaho

Search Idaho Homes for Sale

Listen for what Idaho Real Estate Professionals are saying

Trey Langford
Founder

information obtained from Construction Monitor.com

 
Posted by tlangford at 12/29/2008 2:15:00 PM
Comments (2)
Re:Is your Idaho Home Builder full time, part time or on borrowed time?
That 2008 stat will be very telling. Nice work Trey!
Posted by on 12/29/2008 10:43 AM
Re:Is your Idaho Home Builder full time, part time or on borrowed time?
I am interested in your 2008 numbers but wonder how many ggod builders chose to not build during 2008 and how many "questionable" builders still built in 2008. Without more info than just # of builders, the info could/would be misleading.
Also.......how many of those are "professional" builders?
Posted by on 12/29/2008 10:56 PM

 

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