Idaho Falls real estate housing market is ranked the 6th best nationwide, according to Business Week. This is due to a one-year increase in home prices of 11.69%. However, even though our market is one of the strongest in the country, the pace of Idaho Falls home sales is down from what it once was. Not surprisingly, it’s supposed to continue to slow because of tighter loan restrictions on the wake of the subprime mortgage issue.
The good news is that many investors accross the country will continue to take notice of this area. This should help to shift money from struggling areas in the U.S. to Idaho Falls. This may not be enough to shelter us from all of the national real estate woes, but should keep us on top of the heap.
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