2020 Boise Idaho Real Estate Blog
Boise Idaho Real Estate Report- July 2013 Main Idaho Real Estate Insights

After years of builder's asking "when will it be normal again?," it seems we may have found it. Over the last 12 months Ada Count has produced over 2,500 building permits which is very much in line with historical patterns and growth of the Treasure Valley. Canyon County is normally a third to one half of the Boise Market and seems to be gaining momentum. Building lots still seems to be the primary consern of builders as opportunity is limited by inventory and many subdivisions are comprised of exclusive builder teams. Several subdivisions are coming on board in the near future although no one is predicting lot prices to drop.

Boise Idaho Real Estate Report

Over the last two years activity and home values have been on hte rise which has helped new construction.

Treasure Valley Idaho Building Permit Activity July 2013

 

Over the last 8 Years:

Idaho Building Permits 2006 to July 2013
Construction Monitor

The continued concern is home values are rising too quickly. While this is mainly due to economic facets of supply and demand there is also a lot of turmoil from within. Material prices and labor prices have been inching there way back up but many builders are also forecasting government regulation fees to go up as well but not just  a little. Many are fearing many of the fees going up a lot. One of the concerns is that the government fees are too drastic and affecting affordabiluty of homes in the Treasure Valley.

Boise Idaho Home Values

Ada County
Boise IDaho Home Values

Nampa Idaho Home Values

Canyon County

Boise Idaho Home Values

 

View entire report of top Idaho builders and best selling subdivisions

 
Posted by tlangford at 8/21/2013 1:31:00 PM
Comments (1)
Re:Boise Idaho Real Estate Report- July 2013
How thimgs can change in two months!
Posted by tlangford on 10/10/2013 1:03 PM

 

Michelle Penick, Build Idaho Client Real Estate Services

Michelle Penick

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