I am looking at Boise ID and see that there is a pretty hot market for appreciation. Can anyone help with any research they have done? Any advice? Thanks in advance.
Hi Jessica! I'll send you a personal message, but I am an investor in Boise and would love to connect!
@Jessica Tsao , Boise has definitely experienced it's fair share of appreciation in the past few years.
That being said, all this appreciation has not been homogeneously distributed across the entire city.
Certain areas have seen higher and lower amount of appreciation.
The map below shows the change in median home values from 2014 to 2018 as reported by the census bureau. As you can see, a few areas have actually seen decreases in home values, while most are reporting modest increases. Places like the central urban core are reporting an average increase of 162k on the other hand.
Thank you so much for your feedback and info.. It is very helpful.