Boise Real Estate Market Improving!
I have been scouring the market for just the right property for upper end buyer that I have been working with. I really like them both, but they are certain that our market is going to go south in a big way. I have been trying to convince them that real estate markets are local. The region they are in may have an influence, but the local economy drive the real estate market, just like here in Boise. Idaho has the nation’s lowest unemployment rate at 2.3%. Montana is next with a 2.6% unemployment rate. Our inventory is falling faster that I originally predicted inventories would come back into line by the middle of 2009. Now, if this trend continues, the middle to the end of 2008 looks more like our target. If only we could convince the media that the sky is not falling on Boise Real Estate.
