If you live or are frequently in the Caldwell area, you've probably noticed the Giant 36,000 square-foot building going in on the corner of S 10th Ave and Arthur St. You've probably also noticed that this is a brand new, first run, movie theater by The Reel Theatre!
With 2017 at an end, here is a look at the few years and how the market continues to grow at a steady and healthy rate.
Averages Sales Price
This graph shows the steady growth of the sales price since 2012.
Canyon County is averaging a growth of just over 9% a year while Ada County sits just below 11% at 10.94% a year.
Home builders around the nation have become much more confident in the new real estate market. The number of builders that feel that way has risen to the highest it's been since 1999.
With the digital age in full swing, many people believe that most buyers can search for and find their new home all on their own. However, based on an independent study, licensed Realtors are still the #1 source for buyers! Take a look at the chart below to see where buyers are finding their new homes.
A Common thing we are hearing in this healthy real estate market is, "My friend/family member says now isn't a good time to buy." or "I'm waiting for the bubble to burst again." Well, the truth is, it's a great time to buy! Interests rates are still at all time lows and with the rising rent prices, it makes more financial sense to put your money towards something you can build equity in rather than putting it into something that will give you no return.