Tuesday, October 18, 2011

What is currently going on in the Idaho Falls Real Estate Market

SE Idaho Real Estate News
There was an article in the paper about Areva hiring 1400 construction worker in the Spring of 2012, after the facility is built, it will create 400 permanent jobs.
The article also went onto say that because Areva is coming to town, that other businesses are planning on coming to town.
Jobs are what drive the real estate market.
Reduced homes with low interest rates, make SE Idaho the perfect storm.What I see is a window here.
I think that if you are thinking the homes will go lower, that it really is a gamble based on what I just wrote above.So if you see something you like, write down the MLS number of the home you like, and let's go look at homes. I can get you in a new home in 30 days.
Thanks Burke Bennett
208 589 5599
Snapshot of SE Idaho Real Estate in the last 30 days (Bonneville and Jefferson Counties)
Homes sold 121
New Listings 269
Price Reductions 303
Foreclosures 119
Rates off of Yahoo Finance
Loan Type Today
30 Year Fixed 4.19
15 Year Fixed 3.49

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