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Jobless Rate Drops in Idaho

According to the Idaho Business review yesterday, we had the biggest 1-month jobless drop in Idaho since 1983.  Citing the Idaho State Department of Labor, 2010 was the second straight month that Idaho's jobless rate declined, compared to the national rate that jumped .2 of a percent to 9.9%.

This is significant because the last time that Idaho had such a big decrease in the jobless rate in 1983, it was at a time when the economy was pulling out of another recession.  This sounds like very good news for us in Idaho!

Market conditions in Boise Metro area of Idaho in January 2007

A new year often brings change!  This year, 2007, has suddenly brought buyers back into the market.  Many are fully qualified and are looking for a good value.  Many still have homes to sell or homes that are under contract and are waiting for them to close, but they are going to be buyers at some point this year.

We have had several buyers who have come to visit the area to determine what they can afford, have checked out the employment picture (one of the lowest unemployment records in the country) and like the area so now they are going back to Maryland or California or Iowa to sell their home and come and buy in the land of opportunities.

Idaho, especially near Boise, is the place to be.  Mentioned in Forbes as the #1 place to have a business or own a business in the entire United States last year.  We have been in the top 10 places for the last five years.

Boise State University with the 2007 Fiesta Bowl Champion "Broncos" leading people back to the land of great college football and remarkably the best college football game in history.

Having a place where people want to live, a great city with a vibrant downtown, affordable housing, why wouldn't someone move here?

I checked on-line today and found over 200 single family homes in either Boise or Meridian, Idaho that were priced at $200,000 or less (some as low as $142,900) that were at least three-bedrooms, two-baths, at least 1,200 square feet or larger and have at least a two-car garage.

For more information, please visit http://www.BoiseMetroHomeSearch.com

Contact Information

Photo of Tim Burroughs Group Real Estate
Tim Burroughs Group
Keller Williams Realty - Boise
1065 S. Allante Place
Boise ID 83709
208-938-8800
208-409-7653
Fax: 208-938-8731