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Affordability of Idaho Real Estate

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Written by Idaho Real Estate   

Affordability

Affordability of Idaho real estate remains at record levels, supported by the lowest mortgage rates in decades, low home prices, and the first-time home buyer tax credit. The home price-to-income ratio continues to remain well below the historical average of 25 percent. The ratio now stands at 14.2 percent.

Sources: National Association of Realtors, Freddie Mac

Boise Idaho Real Estate Market Projection

Idaho Short Sales Video

Home Buyer Tax Credit for Idaho Real Estate

 

 
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