Aug 22 2018 60545 1

Aug 22 2018 60545 1

So I just did a market study for our area to present to the Magic Valley business folks that head up our economic development needs and here is what 
came from that study. 

Since the 2008 market crash we showed no to very little growth in residential home sales and pricing up to 2013. Then the economy began a slow regrowth
and became what is today another booming housing market! Growth since 2009 as been a 26% jump in home values in the Mini-Cassia area. New home builds
are way up and our older home market is now in the $120.00 per sq. ft. price range and up! A little concerning to me as I watched and went through the 2001
J.R. Simplot shut down and 695 jobs lost to the 2008 crash and it would appear we may be headed into another one! But interest rates are 
rising some and are now at around 4.5% with an expected hike next month. What does this mean? It means it might be a really good time to buy, before it 
goes up again, and a very good time to sell! 

If you have any questions regarding home buying or selling please give us a call. 

Lloyd Smith

Mountain West Realty

Lloyd Smith Headshot
Phone: 208-431-2930
Dated: August 22nd 2018
Views: 150
About Lloyd: I have been a real estate agent since 1994 and broker/owner of Mountain West Realty since 1996. My p...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Clear To Close -
STUNNING Luxury In The Heart Of Idaho - STUNNING Luxury in the heart of
Twin Falls Open House -
44 Acre Home In Filer - 44 acre home in Filer!Prime

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Mountain West Realty, Inc
658 Overland Ave
Burley, ID

Other Locations