For the first time since June, the days on market for single family homes in the Treasure Valley dropped slightly. Prices climbed slightly and we saw an increase in inventory. Build to Rent: Can you still make money in Star? Star, Idaho is appealing on paper. The rentals are getting around $2,400 and it is […]
The rents in the Treasure Valley (Ada and Canyon Counties) jumped slightly in January, but homes continued to stay on the market longer for the 8th straight month. New inventory remains stable. Here are some Treasure Valley trends from the last 8 months: Days on market have continued to increase since June, going from 13.4, […]
Rents and new inventory stabilized somewhat in December, though days on market for single family homes went up another 4 days in December. Here is a summary of December and the past several months. Days on market have continued to increase since June, going from 13.4, 16.3, 19.1, 22.0, 24.4, 28.3, 32.3 days each month, […]
The housing market is no different than any other market. It is driven by supply and demand. So, despite rents continuing to drop and days on market growing, a 21.4% drop in inventory may put the squeeze on renters. With a massive decrease in supply, renters may have to pay more in December to secure […]
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