2 Reasons Why People Will Suddenly Stop Moving To Idaho
For years, Boise and Idaho have been on every National list of Best Places To Live, Best Place for This, Best Place For That, and Best U.S. Cities For Home Sellers. Every Idahoan would cringe when these lists came out because it would put Idaho and the Treasure Valley on the map and encourage people to move here.
Are we starting to see that trend change? Here are 2 reasons why people might suddenly stop moving here.
Well, it's a start, and whether or not people rapidly leave to take advantage of the next best town where people can live in a market that isn't so expensive, housing is cheaper, and enjoy more affordable metropolitan areas.
Good news, unless you're currently trying to sell your house, but Realtor has released a new list of the Best U.S. Cities For Home Sellers. The Boise market has slowed, but homeowners still get offers above the listing price. In addition, 12.4% of the homes sold in Boise are being sold above the list price. It's not like it's a terrible time to sell your house in Boise and the Treasure Valley. But, other metropolitan areas other than Boise, Idaho, are seeing excellent conditions in the housing market.
Idaho isn't even on the list of the 25 least expensive states to live in. #1 will surprise you, so keep scrolling! That should help people from not moving here, right?
Realtor said, "many sellers have been reluctant to list their homes, resulting in about 10% fewer properties going up for sale in January and February compared with the previous year. One main reason: Most sellers are also buyers, and these days they don't relish the idea of giving up their current low mortgage rates and emerging into a tight, expensive buyer's market with much higher rates."
Will anyone move from Idaho and the Treasure Valley to any of these hot spots? I hope they like the South and Midwest.