Idaho's Treasure Valley single-family home sales and dollar value break records.
"Boise economist John Church said the (housing) boom was being fueled by double-digit increases in home prices that are characteristic of a "housing bubble" that could burst and send local real estate values crashing.
Church said skyrocketing home prices were the result of outside investors who are "enthusiastically" snapping up area housing in hopes of eventually selling at a profit."
Others like "Idaho chief economist Mike Ferguson was less concerned about the local real estate market, arguing that experts usually attribute fears of a housing bubble to areas of the East and West coasts, where home values are appreciating at "an even more dramatic pace."
Thanks to Jon Cecil, AICP
Read the full story: Valley's home sales, prices soar
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello