As I write this, home prices are hitting new record highs as the Boise real estate market leads the nation in appreciation.
In the past year, Boise home prices have risen 11 percent while the supply of homes for sale has declined by 10 percent.
What will the new year bring?
By definition, a forecast is an opinion about future events. Even so, I’ve made a point to focus on the facts and current trends that are already in effect, avoiding any wild speculation. Read on for an insider take on the Treasure Valley housing market in the months to come.
Boise Home Prices Will Continue Rising
Today, one in six listings are seeing multiple offers. By spring, we expect that number to jump to one in three.
Driven by low interest rates and a…