Hey out there in Idaho Falls! How do you feel about our local market? Is it a Buyer's market? Is it slowing down, or normalizing? I was sent this article, and I just have to share it!
Start here: http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/HomePricesByCity.aspx
The link above is to an article at msn.com and compare first quarter 2007 with first quarter 2008 home prices. Year-on-year, the Idaho Falls area is ranked #16 in the nation for price APPRECIATION! 1.33% for just the first quarter, according to information from Fannie Mae and Freddie Mac. See also the 1- and 5-yr numbers.
Still think it's such a bad time to own real estate?
When you hear people say, "Real estate is local," this is why!
