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   The secret is out regarding the Southern Idaho Real Estate!

   Currently, Southern Idaho is seeing 2/3rds of it's real estate purchases by out of State buyers, most of which are coming from California and Nevada.

   With Boise, Coeur d'Alene, Ketchum - Sun Valley and McCall - Donnelly getting the majority of the publicity, Southern Idaho (Twin Falls - Jerome - Buhl - Filer - Kimberly - Gooding - Hagerman) continues to see a steady consistent growth as has been experienced historically.

   Idaho Real Estate and especially Southern Idaho has enjoyed a period of growth over the past 20 years as indicated by OFHEO's State-Level house price Indexes. Understanding that California, Nevada and Arizona have all experienced substantial growth as shown in the OFHEO's data, Idaho is well represented with an average 4.31% average.

   Twin Falls County Market Analysis:

January 2006 - January 2007 Market (Click Here)
February 2006 - February 2007 Market (Click Here)

   As many living in the metropolitan areas of the West and East have experienced extreme Cost per Square Foot prices, Idaho has for the most part held steady with lower costs. Examples:

   You can figure the Cap Rates and compare them to your local area.

   Currently, Irwin Realty's rental group: Twin Falls Idaho Rentals is showing only 2 homes available for rent or approximately 98% occupancy. They are currently 100% occupied on multi-family rental.

   Building lots and development properties are across the board as far as prices are concerned. It will depend upon the location, location, location. You can rest assured that prices are not even close to what those of you on the East and West Coasts are accustomed to paying.

   Affordable Lifestyle in Twin Falls and Southern Idaho - The latest data from the American Chamber of Commerce Research Association shows the cost of living in Twin Falls at 92% of National Average.

   For more information give us a call or visit our offices in Twin Falls, Idaho. (800) 658-3836 Just ask for Chuck Lassen.

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