Southern Idaho Real Estate Market

As a Realtor® with a background in market analysis for a large corporation, I find the Southern Idaho real estate market very intriguing. The influx of out-of-State buyers has caused the price of homes to appreciate substantially over the past 6 to 7 years and the farming market has really taken off during the last couple of years. The farm market has been effected by the crop markets being adjusted via dairy and green fuel production through-out the farming industry. This competition for the crop production by dairy and green fuel effects all facets of the farm, whether it be alfalfa, corn, beans, potatoes or wheat products. There are only so many acres available for production. Example: ( Alfalfa hay can be purchased today at $110/ton for first cutting, $120/ton for second cutting of hay) The recent announcement by Diversified Fuels to build a processing plant in the Buhl, Idaho area: "Diversified Fuels expects to create a market for 250,000 acres worth of locally grown canola by the time their proposed seed processing/bio diesel facility is running at capacity, producing 40 million gallons of bio diesel in Buhl alone." You may view examples of area acreages by clicking on the following link: (Tours)