Thinking about buying a home in the Treasure Valley? You're not alone! Read on to see why investing in Boise real estate is a solid choice.

 

1. The Boise/Treasure Valley market is one of the fastest-growing areas of the

country. Californians and others squeezed by skyrocketing property values in their

home states are finding a new home in Idaho in increasing numbers. This population

influx has made Boise one of the fastest-growing cities in America, and growing

population spells opportunity for investors.

 

2. Boise is consistently rated as one of the most livable cities in the U.S. Studies

by Forbes, USA Today, U.S. News and World Report, and many others rank Boise and

Meridian as two of the best places to live in the country. The low cost of living combined

with the area’s geographical beauty, low crime rate, friendly people, and clean air attract

families from all over the country. Boise offers a rare blend of relaxed country living in

close proximity to a thriving city environment with excellent restaurants and a wide

range of cultural activities.

 

3. Real estate prices are still low relative to other areas. Home prices in Boise are

14% lower than the national median and 38% lower than those in other western states.

Combined with the thriving economy and rapid population growth, that creates a market

with great potential for investors.

 

4. Housing supply is tight. Unlike other housing markets that have suffered from

overbuilding, Boise is experiencing a shortage of available properties.

 

5. Vacancy rates are very low. A tight rental market is great for investors. Few

properties are vacant for long, and rents are trending up.

 

6. Mortgage interest rates are still historically low. But the Fed is leaning toward

higher rates in the future. That makes today a good time to invest.

 

7. Job growth is double the national average. Boise’s economy is one of the

strongest in the country, according to Forbes magazine. Unemployment is is a low

3.5%. That keeps property values and rents growing.

 

 

Find out more about investing in Boise real estate. Our deep knowledge of

the local real estate market can help even the most experienced real estate

investors make better investment decisions. We have the analytical tools to help

you determine your cash-flow potential on any property before you make any

financial commitment. Whether you are a new or experienced real estate

investor, call AlohaPros Real Estate Team today to find out how we can help.