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How many people are priced out of buying a home for every $1,000 increase in a home's price?

Idaho Housing AffordabilityAccording to the NAHB (www.NAHB.org) an estimate that 538 households will be priced out of the Boise City-Nampa, ID MSA if home prices increase by $1,000. 

Now you know why builders get riled up when permit fees go up, as should you. By the way Middleont is proposing a major increase in fees. I ma not sure of the exact increase but several thousand dollars.

Trey Langford
Founder

 
Posted by tlangford at 7/9/2009 3:50:00 AM
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Michelle Penick, Boise Idaho Real Estate Agent

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