Teton Valley Housing Market in Recovery

As the housing market turns around in Idaho, real estate agents in the Teton Valley also have reason to be optimistic this year. The Teton Valley News reported this past April that real estate supply and demand has begun to equalize in the Valley as more homes are being sold and home values are rising. The most desirable housing in the area includes condos, townhomes, and single-family residences in the $150,000 to $250,000 range. With a tight inventory supply, local agents anticipate building to pick up again to fulfill the demand. Additionally, foreclosures have slowed in the area and were down 25% in April based on information by Brian Gibson, Alliance Title’s Vice President and General Manager of the Driggs, Idaho branch. Read the full article at http://bit.ly/19boE7Y.

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