Boise Idaho Real Estate Still a Good Investment
Despite the negativity surrounding the economic slump, the high price of gas, and a declining real estate market, Boise Idaho remains a diamond in the rough, and Boise Idaho Mortgage loans continue to get funded, as more people make the move to the Gem state.
And it’s no wonder — Idaho is renown for its natural beauty, and Boise is home to top-performing national companies like HP, Micron, and Simplot. As one newspaper put it: we’re blessed by our computer chips and potato chips.
In its Top Ten list for 2008, Kiplinger ranked Boise Idaho as # 4 nationwide, as one of the “Best Cities in which to Live, Work and Play.” Kiplinger’s team of experts looked at factors such as population growth, percentage of workforce in the “creative” class, income growth and cost of living in coming up with their top 10 list. The creative class consists of scientists, engineers, educators, writers, artists, entertainers and others, who add economic and cultural influence to a city and make it a great place to live.
Forbes Magazine recently ranked Boise as the second-best place to start a business and a career, and the seventh Up-and-Coming High Tech City. Cities were ranked according to economic growth, cost of living, jobless claims, tax rates, etc.
And USA Today recently wrote there is “No End In Site For Idaho’s Growth,” citing Boise Idaho as the heart of American’s biggest economic boom. “In Idaho, the state with the nation’s fastest-growing economy, homebuilding hasn’t crashed as it has across much of the USA, and a two-decade run of prosperity continues.”
These authors attribute Idaho’s population and financial growth to several factors, including our computer technology, agriculture, and scenic attractions such as fishing, hiking, white water rafting, skiing & snowboarding, and other outdoor activities that draw tourists by the tens of thousands.
Nationally, many homeowners are struggling to make ends meet, and U.S. companies are facing stiff challenges such as difficult credit, soaring commodity prices, and expanding corporate tax rates. Nonetheless, Idaho remains strong with a solid economy and upward job growth.
Idaho Stats:
Size: 82,747 square miles (state rank: 14)
Population: 1,466,465 (state rank: 39)
Density: 17.7 people per square mile
Retail sales: $13.5 billion
Manufacturer shipments: $15.2 billion
(source: Bureau of Economic Analysts and Census Bureau)
If you’re seeking a Boise mortgage, please give me a call today, or submit your info online at www.myidahohomeloan.com.
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Article written by Lisa Kratz and Mike Little of www.myidahohomeloan.com
Apex Mortgage | Meridian Idaho | (208) 888-9251 
2 Comments to “Boise Idaho Real Estate Still a Good Investment”
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On June 18th, 2008 at 1:00 pm
Hi there,
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On June 18th, 2008 at 1:00 pm
I found your blog on MSN Search. Nice writing. I will check back to read more.
Eric Hundin