The Ada County Association of Realtors just released their 2015 real estate report. Below are some highlights.

• The National Association of Realtors (NAR) ranked Idaho as #2 in the country for job growth, up 3.2% year-over-year.
• Idaho was 4th in the nation for price appreciation last year -- up 8.5% from 2014.
• Overall, Idaho's price appreciation is expected to stabilize and we'll see more of a historic average of about 3.9% price appreciation in 2016.
• Domestic migration from neighboring states -- especially California -- should continue in 2016.
• Low inventory coupled with population growth is driving prices and demand.

2015 Residential Real Estate Market Report for Ada County
Provided by the Ada County Association of REALTORS® (ACAR)
Based primarily on data from the Intermountain MLS (IMLS)
January 2016

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Tony Drost, President
First Rate Property Management, Inc.
Boise, Idaho
Contact me for more information about the Investment Real Estate and Property Rental markets in Boise and Idaho.