Posts from January 12th, 2021

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Housing News from Our Lending Partners at Idaho Central Credit Union

January 12th, 2021 by Coldwell Banker Tomlinson

Housing Ends the Year Strong

Overview: As usual, trading volume was considerably reduced during the last couple of weeks of the year. The market reaction to the economic news was minor, and mortgage rates remained near-record-low levels.

The remarkable rebound in the housing market has continued. In November, existing-home sales, which account for roughly 90% of the market, were 26% higher than a year ago and near the best levels since 2006. The median existing-home price was 15% higher than a year ago, also close to record levels. The one drawback was that inventory levels were down 22% from a year ago. The number of homes for sale w...

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Categories: News

Tags: Boise, ID, Area Information, Coldwell Banker Tomlinson, New to Boise, For sellers, For Buyers, Caldwell, Eagle, Emmett ID, Garden Valley ID, Grand View ID, Kuna ID, Meridian ID, Middleton ID, Mountain Home ID, Nampa ID, Payette ID, Star ID

Related Markets: Boise, Caldwell, Eagle, Emmett, Garden Valley, Grand View, Kuna, Meridian, Middleton, Mountain Home, Nampa, Payette, Star

Posts from January 12th, 2021

Housing News from Our Lending Partners at Idaho Central Credit Union

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