Thursday, December 15, 2005

Mountain Region is a hot commodity...

Mountain states enjoy hefty home price gains, from the USA TODAY, reports that real estate in the Mountain Region is a hot commodity, with numerous western cities posting impressive appreciation gains. Cities such as Coeur d' Alene, Idaho saw home prices rise 29.9% in the last year, and St. George, Utah had a 31.6% increase. Boise, Idaho is also noted as having 20.5% of their home sales from January to September purchased by investors. The article gives a link to a chart showing the home price changes in 265 metro areas which is good info to see what our competing market areas are doing.

http://www.usatoday.com/money/perfi/housing/2005-12-12-ofheo-metro-prices.htm

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