Boise, Idaho Real Estate

Boise, Idaho Real Estate Information

Boise is the capital and largest city in Idaho with an estimated population of 193,000 (2005 Census estimate). Boise, nicknamed the “City of Trees”, has been ranked nationally by Forbes and Money Magazines as one of the top 10 places to live because of access to recreational activities, employment opportunities, and the lifestyle it affords. The beautiful Boise River is a prominent feature as it runs through the heart of the city and the Boise National Forest serves as the city’s backdrop. Boise is the headquarters for several major companies including Albertsons, Micron Technology, J.R. Simplot Company, as well as Washington Group International, Inc.

Boise, Idaho real estate has experienced considerable growth in recent years as the booming real estate market demonstrates. In the beginning of 2006, the Boise real estate housing market saw record breaking growth as the median house value climbed to over $183,000. During the first fiscal quarter in 2006, the value of homes in the Boise-area increased between 8% and 15% from the previous year. With low interest rate mortgages and Boise home values increasing, there has been a huge surge in the Boise real estate market. Outside investors have taken notice of this opportunity.

This year, 2007, has experienced considerable fewer sales in the real estate market than this time last year. Indicators seem to be pointing to a more stable market while home appreciation is back down to a typical range of 5 to 15 percent. The average selling price for homes in the Boise real estate market is $260,000 while the average days on the market is 56 days.

Clearly, the Boise-area is proving to be one of the nation’s hot spots for real estate investment opportunities. With all that Boise has to offer, to both individuals and large companies, the Boise real estate market will continue to provide opportunities for businesses, investors, and people buying and selling their homes in the Boise-area.

SARASOTA HOUSING AUTHORITY MARKS PUBLIC HOUSING REVITALIZATION WITH JANIE POE GROUND BREAKING
SARASOTA - Officials from the U.S. Department of Housing and Urban Development, the Sarasota (Fla.) Housing Authority, and Sarasota Mayor Lou Ann Palmer broke ground today to begin the redevelopment of the Janie Poe public housing community. This marks the beginning of the complete revitalization of SHA's public housing communities in Sarasota's Newtown neighborhood.
Publ.Date : Wed, 7 May 2008 12:00:00 GMT

HUD CHARGES NEW YORK CO-OP WITH DENYING HANDICAP-ACCESSIBLE PARKING SPACE
WASHINGTON - The U.S. Department of Housing and Urban Development announced today that it has charged a cooperative apartment complex in Peekskill, New York, with denying a resident with a disability an accessible parking space, in violation of the federal Fair Housing Act.
Publ.Date : Fri, 9 May 2008 12:00:00 GMT

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