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Housing Prices on the Rise

By
Real Estate Agent with RE/MAX Advantage

According to the Case-Shiller index, home prices rose by half a percent nationally in June. That's good news for homeowners hoping to sell in the next few years, because it indicates that the housing market could be finally making a turnaround. For those wanting to make an Idaho real estate investment, this means that time is running out to take advantage of rock-bottom real estate prices.

While the government is continuing to promote incentives to help new homebuyers make their first real estate investment, a total economic rebound will eventually lead to recovered prices and higher interest rates. Yes, we're still talking about a very slow rebound, over the course of several years, but housing prices will continue to make a gradual increase over time if we have in fact reached bottom.

The number of Idaho foreclosures and Idaho short sales will still be high for awhile, so as housing prices begin to increase, there may still be opportunities to purchase Idaho real estate at a better price. An Idaho foreclosure expert can help you find the right home for you and your family, as well as make the entire purchase process a little less stressful.

If you're looking to make a fresh start in a new part of the country, consider the greater Boise, Idaho area! This area offers many opportunities for families, seniors, and young professionals, with plentiful recreation and promising employment opportunities. As a local Boise real estate expert, I'd be honored to help you start your new life here in Boise.