Idaho capital’s housing boom slams into reverse – Robert Khodadadian

The nation’s most overvalued housing market is coming down from a pandemic peak as mortgage rates rise, sending some newcomers back from where they came. Idaho’s capital region, one of the fastest-accelerating markets in the past two years, is reversing course, the Wall Street Journal reported. After single-family home prices in the Boise area jumped 79 percent in two years, they’re set to drop by as much as 10 percent. Remote workers flocked to Boise

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Cross Post, Home Page, Residential Real Estate, Boise, Housing Market The Real Deal New York Read More