SUMMARY    HISTORY    PEAKS & TROUGHS    FORECASTS

---

Page 1  |  2  |  3  |  4   

The Boise housing market experienced a bit of slowdown in the fourth quarter, however, the year since finished as the 2nd best on record (behind 2005). The huge price increases of the past few years are odd for Boise as the market has become involved in the unbridled exuberance seen in many coastal markets, bucking local history. This was due in large part to an increase in investor activity within Idaho and has created fears of future declines in sales activity and prices. The decrease in investor activity will likely lead to further sales declines, however, significant price declines are unlikely as the mortgage debt servicing cost has remained at a comfortable level.

GET BOISE MARKET HISTORY    Next >

This ratio compares the monthly mortgage payment (principal & interest only, which does not include hazard insurance, property taxes or any needed private mortgage insurance) for a median priced home financed at the prevailing 30 year mortgage rate to the local median 4-person family income.