A home in Boise, Idaho.
How do you keep a second home safe?
(Photo: Steve Furlong/Getty Images)How do you get a second-caretaker job?
How do first-time homebuyers cope?
And how does the Boise market compare to other metro areas?
Here are some key takeaways from our exclusive interview with the head of Boise’s housing and first-home buyer’s association, and the story behind this one-of-a-kind city.
First-time buyers are at a unique crossroadsIf you’ve ever lived in a city, you probably have a familiar picture in your mind when you think about the citys housing stock.
Boise has more than 3,000 rental units and more than 5,000 owner-occupied homes.
The city has a strong middle class and it has a big population of people who are single and working-class.
The average age is 34.
It has an educated and middle class population.
People can’t afford to live in the city and have trouble finding a place to live, but the cost of living is low.
That’s part of the appeal.
When you’re in Boise you’re on the outskirts of a lot of other cities.
The housing market is not at that level of sophistication as you would imagine.
But that doesn’t mean you can’t be a little bit more savvy with your first-mover advantage.
What is the market like in Boise?
Is it the same?
Are there any surprises in the market?
Yes, there are some surprises in Boise.
But the first thing to remember is that it’s not a bubble.
This is the largest metro in the state of Idaho, with nearly 6 million people.
The median income is around $50,000, which is not quite what you’d expect for a small metro.
The median household income is about $58,000.
Boise is a bit lower than Boise City, which has about $62,000 and a median household of about $50-60,000 but it’s a bit higher than Boise Springs, about $60,800.
It’s not quite the level of affordability you would think it would be.
But it’s just a little more affordable than you’d think, right?
There are no foreclosures, there’s no foreclosed homes and there are lots of opportunities for renters to rent, said Lori McElwee, a broker with KPMG Boise, the firm that manages housing for the city.
We haven’t seen the kind of growth we might see in other cities like Atlanta, Miami and Los Angeles, said John Lutz, a senior adviser at the American Institute of Architects.
Boise’s population is very small.
But it is home to a very dense and diverse population, with a relatively high concentration of people with a high school education or less, said Lutz.
The area is also a great place for first-timers to find affordable housing, he said.
It’s not as big as we might think in some other cities, but it is one of the most desirable areas in the country to be a first-timer in.
The market has changed for the betterWhat did you learn about first-homes from the Boise housing boom?
It’s interesting that the housing market has been growing in the Boise area, but in general, the number of first-hand homes that people are buying has actually fallen.
In fact, the average price per square foot for first homes has dropped by more than 15 percent in the last five years.
It is a good story because, when you’re talking about buying a home for yourself, the expectation is that you’ll be getting a home that’s not too big, said McElwaine.
In reality, you might get a home like that for less money and for a more appropriate size.
The price per-square-foot has fallen and you have a lot more options, she said.
You can still buy a second house.
What else should you know about first homes?
The average price for a second homes is $1.8 million.
That doesn’t include any taxes, which are usually about $700-$1,000 per year.
But you might want to get a mortgage for a smaller home that is a little bigger, Lutz said.
And if you’re a first home buyer, there is some extra protection from a second foreclosure if you make the mortgage down.