February 26, 2008
MSN Money Magazine recently released a housing market study that details appreciation rates in 291 metropolitan areas across the United States. The study ranks the cities and details the appreciation rates for the 1st quarter of 2007, the year 2007, and then the total appreciation realized over the past 5 years for each of the ranked cities.
Idaho Falls ranks #9 in this study!!
This is just another indication taht our local economy is growing substantially, but it is not out of
control like some areas were that are upside down on their market now.
Price appreciation as of Dec. 31 (by percentage):
Idaho Falls, ID Metro Area
Rank: 9th
1st Quarter: 0.28
1 Year: 8.58
5 Year: 48.42
For more information on the source of this article or the Idaho Falls Real Estate Market, go to the Idaho Falls Real Estate Market is Still Strong page on my website.
Idaho is 4th for Fastest Growing State in West, 2007
I recently found this article proclaiming Idaho as the 4th fastest growing state in the West for the year 2007! Eastern Idaho is a great place to live and buy real estate!
Fastest-Growing States in West, South
Nevada regained the title of fastest-growing state with its population increasing by 2.9 percent to 2.6 million through July 2007.
Nevada had held that title for 19 years in a row before being dethroned by Arizona last year. Arizona is the second-fastest-growing stat,e according to the current estimate, with a population increase of 2.8 percent to 6.3 million, according to the U.S. Census Bureau’s annual estimate of state population changes.
Florida saw the sharpest fall off in population growth. Florida grew 1.07 percent, only slightly faster than the U.S. growth rate of 0.96 percent and the slowest growth rate in the state since 1990, making it the 19th fastest-growing state.
The only two states in the country to lose population were Michigan and Rhode Island. Michigan lost 30,500 residents, a 0.3 percent decline.The 10 fastest-growing states in order are:
Fastest-Growing States in West, South
Nevada regained the title of fastest-growing state with its population increasing by 2.9 percent to 2.6 million through July 2007.
Nevada had held that title for 19 years in a row before being dethroned by Arizona last year. Arizona is the second-fastest-growing stat,e according to the current estimate, with a population increase of 2.8 percent to 6.3 million, according to the U.S. Census Bureau’s annual estimate of state population changes.
Florida saw the sharpest fall off in population growth. Florida grew 1.07 percent, only slightly faster than the U.S. growth rate of 0.96 percent and the slowest growth rate in the state since 1990, making it the 19th fastest-growing state.
The only two states in the country to lose population were Michigan and Rhode Island. Michigan lost 30,500 residents, a 0.3 percent decline.The 10 fastest-growing states in order are:
- Nevada
- Arizona
- Utah
- Idaho
- Georgia
- North Carolina
- Texas
- Colorado
- Wyoming
- South Carolina
Subscribe to:
Posts (Atom)