REALTORS® have access to the most up-to-date local market information, statistics, and economic news through the local multiple listing service, Intermountain MLS.
The housing information in the Intermountain MLS (“IMLS”) database comes from the collective efforts of REALTORS® from nearly every real estate company in our market. In many cases, IMLS is the source from which some well-known real estate websites get their information about housing.
Boise Regional REALTORS® uses this data to provide monthly reports and analysis on the housing market, helping potential home buyers and sellers make the best decisions for their specific situations, as well as inform local elected officials on local housing issues.
So, what is going on with our housing market today? The short answer is we have a lack of supply compared to increasing demand which is pushing up home prices. While higher prices are good news for homeowners and potential sellers, there are two trends that are helping some home buyers: low mortgage interest rates and a slowing pace of price growth.
Learn more at boirealtors.com/category/market-statistics and contact a REALTOR® to discuss how today’s market conditions may affect your specific situation. You can search for REALTORS® based on location, professional designations, or last name, at realtor.com/realestateagents or intermountainmls.com/agentsearch.
