We all felt the housing peak (2005). We all felt the painful crash (2009). We all felt the slam into the bottom (Jan. 2011). But have we started to feel the comeback yet? What's ahead for the Boise real estate market in 2012-13 and beyond? Using a chart presented in six month increments, we can see the 3% appreciation in home prices between January of 2010 and January of 2012. While this isn't as high as most realtors (and homeowners) would like, it is a healthy gain with more, steady growth anticipated over the next year--especially as foreclosures continue to enter and leave the market at a slower rate. 2013 could see the new median home price climbing back to $170-180,000--a sure sign recovery is happening slowly but surely.
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Boise Real Estate News and Home Reviews from Mike Turner and his team of top Luxury Home Agents at Front Street Brokers in the Boise Idaho marketplace. We review and analyze the best homes on the market and give you our honest opinions of the properties, as well as offer the best market insights you will find in Idaho.