2020 Boise Idaho Real Estate Blog

Boise Idaho Real Estate is one of the consistent topics at any water cooler around town Main Idaho Real Estate Insights

From rising home values and new subdivisions popping up across the valley, everyone want to be in the loop on the local real estate activity and newest trends.

Just remember, everyone is an expert? It is up to you to understand what it means and if there is any real actionable intelligence. The one mistake most everyone makes is trying to simplify the market into one simple statement. Real estate is a dynamic industry with many moving parts inlcuding new construction, re-sale homes, forclosures, short sales, auctions interest rates and more. On top of that there is land values and developers creating new communities and for Boise the one factor that dominates the market is "In-Migration."

While the economy moves along and the job market evoloves from new businesses and growth, people are moving to Boise. It has become consistently recognized as one of the best places to live, owrk and play. This fact; has therefore, made Boise Real Estate a hot topic. People want to know who new home buyers are? Where they are from? Why they chose this place and other insightful information about them?

A few of the overwhelming consistencies among these out of state buyers that we have noiced-

  • They have been visiting here for a while, and obviously loved it
  • They have family here
  • They are retired/ semi-retired
  • They have money
  • Majority are from California
  • Several were raised here and are moving back because to raise their kids here!

The bigggest thing about Boise is lifestyle. There is so much to do right in Boise and within to 40 minutes.The outdoor opportunities and cultural events make the Treasure Valley a wonderful place in Idaho. The foothills, rivers, desert, canyons, mountains and everything in between are just some of the reason people love the outdoors and it is just beyond most people's back door.

So why has real estate boomed here? There are many different answers and a few are listed here but two conclusions can easily be made.

  1. People like what Boise is about. No one brags about the job market so the fact that the city is growing says there is more to it than a high dollar career. The stability of the city, four seasons, quality of life are all very important.
  2. People are happy here. As previously noted, lifestyle is important, especially if you are retiring. There are many things to do in the area that don't require more than the gas to get there. If you have a hobby like photography, fishing, biking, climbing, rafting, canoeing, hiking you are set!
 
Posted by tlangford at 1/27/2018 2:02:00 AM
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Michelle Penick, Build Idaho Client Real Estate Services

Michelle Penick

Client Care Team
208.629.0217 | [email protected]

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