The Boise Area Real Estate Continues to Thrive

By: Joesph Gruff

Boise Idaho has seemed to float above the problems that have plagued other real estate market areas in recent years for a number of reasons. The first big reason that the greater Boise area real estate market remains viable while virtually all other market areas continue to decline, is that it is being invaded by retiring baby boomer's that have had their eye on the area for years.

Yellowstone and Grand Tetons National Parks are within driving distance of Boise Idaho and people have been passing through the area for years on their way to vacation in these pristine recreation areas. This invasion of baby boomer's has in turn led to some startling statistics in the Boise area real estate market, such as an average 12% appreciation rate just this last year.

Also while home sales have gone stagnant across the map of the U.S., the average home sale time in the greater Boise area now stands at sixty-one days from the time it goes on sale. Boise Idaho sits in ground zero of a boom in a real estate market that is projected to go on for several decades.

This means that the regions that are located just outside of the greater Boise area real estate market remain excellent hunting grounds for fantastic real estate bargains with long term infvestment potential.

With the average price on a two bedroom home in the greater Boise real estate market now at $200,000, people are finding that they can get far more bang from their buck than they have been getting where they are living now. Also, one other feature of owning a home in Idaho is that so many of them have acreage attached to them, which people find to be a pleasant change from living in a home that only had a back yard.

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