Don't always believe the national news and other comments made by the media concerning real estate. I do agree that in many markets real estate has seen better days, but here locally, in Eastern Idaho, the market is still thriving and there are many great opportunities for buyers. Check out this video and you'll understand what I mean! As always, contact me with any questions or if I can be of any assistance!
Showing posts with label real estate market. Show all posts
Showing posts with label real estate market. Show all posts
Idaho is 4th for Fastest Growing State in West, 2007
I recently found this article proclaiming Idaho as the 4th fastest growing state in the West for the year 2007! Eastern Idaho is a great place to live and buy real estate!
Fastest-Growing States in West, South
Nevada regained the title of fastest-growing state with its population increasing by 2.9 percent to 2.6 million through July 2007.
Nevada had held that title for 19 years in a row before being dethroned by Arizona last year. Arizona is the second-fastest-growing stat,e according to the current estimate, with a population increase of 2.8 percent to 6.3 million, according to the U.S. Census Bureau’s annual estimate of state population changes.
Florida saw the sharpest fall off in population growth. Florida grew 1.07 percent, only slightly faster than the U.S. growth rate of 0.96 percent and the slowest growth rate in the state since 1990, making it the 19th fastest-growing state.
The only two states in the country to lose population were Michigan and Rhode Island. Michigan lost 30,500 residents, a 0.3 percent decline.The 10 fastest-growing states in order are:
Fastest-Growing States in West, South
Nevada regained the title of fastest-growing state with its population increasing by 2.9 percent to 2.6 million through July 2007.
Nevada had held that title for 19 years in a row before being dethroned by Arizona last year. Arizona is the second-fastest-growing stat,e according to the current estimate, with a population increase of 2.8 percent to 6.3 million, according to the U.S. Census Bureau’s annual estimate of state population changes.
Florida saw the sharpest fall off in population growth. Florida grew 1.07 percent, only slightly faster than the U.S. growth rate of 0.96 percent and the slowest growth rate in the state since 1990, making it the 19th fastest-growing state.
The only two states in the country to lose population were Michigan and Rhode Island. Michigan lost 30,500 residents, a 0.3 percent decline.The 10 fastest-growing states in order are:
- Nevada
- Arizona
- Utah
- Idaho
- Georgia
- North Carolina
- Texas
- Colorado
- Wyoming
- South Carolina
Idaho Falls, Idaho Real Estate Market Still Strong!
I found the following article on the Idaho Falls, Idaho Real Estate Market and wanted to share it:
Housing Markets That Are Still Thriving
The best-performing housing market in the country during the third quarter was picturesque Wenatchee, a city of more than 35,000 that is the seat of Chelan County, Wash. Prices in the Wenatchee metro area increased by 15.7 percent year over year, according to RealtyTrac.
Home prices also jumped more than 10 percent in second home markets in Utah, Idaho, and Colorado. "They're doing so well because they're getting the run-off from California, Nevada, and Arizona," says Jeannine Cataldi, senior economist for Global Insight. "When prices got so high [in those states], people said, 'there must be places that are more affordable.’”
Here are the top 10 best performing markets in the country:
Housing Markets That Are Still Thriving
The best-performing housing market in the country during the third quarter was picturesque Wenatchee, a city of more than 35,000 that is the seat of Chelan County, Wash. Prices in the Wenatchee metro area increased by 15.7 percent year over year, according to RealtyTrac.
Home prices also jumped more than 10 percent in second home markets in Utah, Idaho, and Colorado. "They're doing so well because they're getting the run-off from California, Nevada, and Arizona," says Jeannine Cataldi, senior economist for Global Insight. "When prices got so high [in those states], people said, 'there must be places that are more affordable.’”
Here are the top 10 best performing markets in the country:
- Wenatchee, Wash.: 15.7 percent
- Provo-Orem, Utah: 14.35 percent
- Grand Junction, Colo.: 14.05 percent
- Ogden-Clearfield, Utah: 13.95 percent
- Salt Lake City: 13.37 percent
- Idaho Falls, Idaho: 11.69 percent
- Austin-Round Rock, Texas: 9.67 percent
- Beaumont-Port Arthur, Texas: 9.44 percent
- Asheville, N.C.: 9.44 percent
- Billings, Mont.: 9.07 percent
Source: BusinessWeek, Prashant Gopal (12/10/07)
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