The real estate market in East Idaho continues to stay busy.  The first quarter of 2015 was up 22% over the same time period in 2014 and the 2nd Quarter was up 25% over that time period in 2014.  Bonneville county saw a huge jump in the number of units sold with a 37% increase of sales when compared to 2014. 

Days on market also decreased  in most counties.  Madison county saw a huge drop in days on market.  So what does this mean for the future?  One thing to take note on is that there are definitely  buyers in the market and the confidence level seems to have increased.  Because of the low inventory of homes, when a new one is listed at a good market price it will sell quickly. 

Whether you are a buyer or a seller, now is a good time to get into the market.  If you have been thinking of Selling but have not pulled the trigger, now is the time.  When interest rates rise, the pool of buyers for your home may decrease because they may not qualify.   If you are thinking of buying, don't wait any longer interest rates wont stay this low forever.

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