The media is filled with stories about the slowing national real estate market.
Overall, national sales are expected to be off about 8.9% from 2005. Prices are projected to be up around 1.5%.
But, here in Southeast Idaho, we are doing much better than that.
A compilation of data from both the Snake River MLS and the Pocatello MLS through September 31, 2006 shows that 2006 sales are down only .9% from 2005's record levels.
And, prices are up 6.5% so far this year.
Overall, Southeast Idaho's strong economy and moderate interest rates are bouying our robust real estate market.
Monday, October 23, 2006
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