Its
been a booming Real Estate Market for Boise and surrounding
areas. To see the figures on how well the
market is doing check out theReal Estate Market Statspage. These are the
direct causes for the increase in Real Estate activity for
the Boise area.
- Population growth in the Boise area has been
steadily increasing. In the past 10 years Ada county has
grown from a population of 247,225 to 332,523, a 34.5%
increase. With the rise in population Ada county has
been able to increase the employment opportunities.
Just in the past year the labor force has grown 2,774
individuals and the increase is that of skilled labor that
encourages repeating employment in the Boise area. The
ability for job opportunities to meet the population has
resulted in the containment of the unemployment rate at
3.3%.
- Forbes magazine rated the Boise City MSA (Ada and
Canyon counties) "The Best Place in the United States to
do Business". Which is a reason
why so many people relocate within the Ada county area.
- Forbes.com rated Boise,
Idaho "The Best Metro in the United States" because of its
low cost of doing business, job growth, and education
attainment.
- Inc.com
rates Boise "2nd Best Place to do
Business in the Unites States".
- Boise has 4 true seasons with a mild winter that
has been an attraction to make Boise a hot spot for
retirees.
- Downtown Boise has maintained a core of
historical buildings and 91 community parks which is the
opposite of the common mistake of growing cities that
support suburban office construction.
- Continuous financial growth has resulted in
strong financial institutions that are prepared to fund
investments, development, and mortgages.
- Several Colleges and Universities that
education for the needs of the community.
To find out more about these topics check out the following
links.