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.
