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Idaho Investment Property Loans and Real Estate

More than potatoes!

Idaho real estate investmentsIdaho has a very strong economy, in fact, has a strong impact on the rest of the country with a strong agriculture and technology base.

Idaho is an important agricultural state, producing nearly one-third of the potatoes grown in the United States. All three varieties of wheat, dark northern spring, hard red, and soft white are grown in the state.

Today, Idaho's largest industry is the science and technology sector. It accounts for over 25% of the state's revenue and over 70% of the state's exports. Idaho's industrial economy is growing, with high-tech products leading the way.

Forming part of the Pacific Northwest (and the associated Cascadia bioregion), Idaho is divided into several distinct geographic and climatic regions. The state's north, the relatively isolated Idaho Panhandle, is closely linked with Eastern Washington with which it shares the Pacific Time Zone—the rest of the state uses the Mountain Time Zone.

The state's south includes the Snake River Plain (which has most of the population and agricultural land). The state's southeast incorporates part of the Great Basin. Idaho is quite mountainous and contains several stretches of the Rocky Mountains. 

 

 

Economy

The Idaho real estate market is a little-known hero showing no signs of slowing - even during a pandemic. In spite of all that has happened across the country, real estate, largely due to a strong economy, has high demand and competitive prices.

The market is very active, you can see average house prices have gone up by double the percentage, so the market is alive, well, and prosperous.

Boise in particular appears to be more resilient than any other city, which is good for the area's housing sector. As a result, buyers, sellers, and investors are ready to take advantage of this active market.

Population

Idaho Population IncreaseIdaho also has the 6th fastest-growing population in the United States with the population expected to increase by 31% from 2008 to 2030. This projected increase in population will contribute to a 42% increase in demand by 2030, further straining Idaho's finite hydroelectric resources.

Tourism

In recent years, Idaho has expanded its commercial base as a tourism state. Outdoor recreation is a common example ranging from numerous snowmobile and downhill and cross-country ski areas in winter to the evolution of Lewiston as a retirement community based on mild winters, dry, year-round climate, and one of the lowest median wind velocities anywhere, combined with the rivers for a wide variety of activities.

IDAHO Real Estate Data & Trends

Boise-Area home prices hit $472,900 for the first time, doubling in 7 years and 2.5% higher in 2022 than in 2021.

The total number of homes sold was 1,928 sales compared to 2799 in 2021. The average days on the market increased by 25% to 41 days providing a buyer's market of a larger variety to choose from.

Trends In Summary

Idaho offers a wide and growing amount of opportunities for real estate investors. With the growth in new industries, population, and tourism, it's a nice place to visit and a great place to invest.

IDAHO Real Estate Resources

Landlord & Real Estate Law in Idaho:

Idaho law does not regulate the details of the landlord-tenant relationship but does set some guidelines.


Investment Real Estate for sale by the State of Idaho:

 

Contact us today to help finance your Idaho investment property portfolio.

More than just a leading U.S. Blanket Mortgage Lender, Rental Home Financing is your partner for long-term wealth building and cash flow generation. We’re invested in your long-term success.

Contact us today and experience a refreshing new approach to financing investments.

Call today for more information: 888-375-7977 or CLICK HERE

Rental Home Financing Investment Loans

Read 2489 times Last modified on Tuesday, 01 November 2022 02:21

    Serving Every State in America! Adding more to our gov surplus directory regularly.

Rental Home Financing
9465 Counselors Way
Suite #200,
Indianapolis, IN 46240

 

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About Rental Home Financing:

Rental Home Financing, as the best mortgage lenders we originate rental home loan products and cash out refinance investment property loans as the best investment property refinance lenders. Commercial blanket loans are available with a commercial purpose to suit your needs.

Also, as DSCR loan specialists, we are currently authorized to make such loans in most all areas of the United States. Specific circumstances will determine whether we have the ability approve/close portfolio rental home loans in your state(s). When you are ready to get a mortgage for rental property, we are ready to serve you.