We have seen three full years of falling inventory in Ada County.  It is interesting to consider some of the factors that have been working together to cause this, especially in the $250,000 and under price range. 

1.      Increased Demand: Our local population is growing which …

When home prices drastically inflated 10 years ago, a disastrous market crash soon followed.  As we now know, this was largely caused by a combination of hyped-up market speculations and loose lending practices.  With the current escalation in prices, concern over another market crash has grown.  To …

With Ada County’s increased economic development, limited housing supply, and growing population, it is no wonder August’s median sales price hit a record high of $278,000—up 9.6% from a year ago!   Despite these strong statistics, we are beginning to see  a cool down in the pace of …

It seems like every month our message is the same—housing inventory is LOW.  We don't mean to sound redundant, but inventory has been down for the last 25 consecutive months, leading to what some have called an "inventory crisis."  In Ada County, this trend began in October …

With no sign of a slowdown in home sales, historical data going back to 2004 shows that homes sold in June, July, and August bring the highest prices.  Demand remains strong but the market is still lacking supply.  It does look like there has been a slight improvement …

With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons that caused the bubble ten years ago. Last decade, demand for housing was artificially propped …

It likely comes as no surprise to you that strong buyer demand and low inventory continues to impact the market.  The limited number of homes available is also affecting the number of closed sales, which saw a year over year decline in both Ada and Canyon Counties.   This is …

Our spring weather isn’t the only thing acting crazy, the real estate market seems to be doing the same.  Demand remains strong and supply can’t keep up, leading to a near record high for the median home prices in Ada County and a record breaking median home price in Canyon …