The median sales price for homes in Ada County was $565,000 in August, down 4.2% from July but 6.6% higher than August 2021. Higher mortgage interest rates and higher home prices have impacted monthly mortgage payments, causing some potential buyers to make budget adjustments, and others to press pause on their home search for the time being.
‘Signs of normalizing’: Data shows lower home prices in Boise in June…
Home prices in Ada County dropped in the month of June, according to data from the Boise Regional REALTORS, writes Idaho Press reporter Sydney Kidd. And this trend looks like it may continue for the near future, said Boise Realtor Sheila Smith, who says she expects home prices to continue dropping for the next couple … » Learn More about ‘Signs of normalizing’: Data shows lower home prices in Boise in June…
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‘Signs of Normalizing’: Data shows lower home prices in Boise in June
Home prices in Ada County dropped in the month of June, according to data from the Boise Regional REALTORS.
And this trend looks like it may continue for the near future, said Boise Realtor Sheila Smith who says she expects home prices to continue dropping for the next couple months.
“I always say I can’t predict the future. But you can generally see what’s going to happen in the next month,” Smith said.
Window of opportunity – don’t miss it. It’s going to disappear quickly
Window of opportunity – don’t miss it. It’s going to disappear quickly
