Today, the median single-family home price is $203,800. Just five years ago, the median single-family home sold at $139,000. In 1995, the median sale price of a single-family home was $108,500.This is exciting news and the real estate market here in the Treasure Valley is going gang-busters just like it is nationally. It makes it interesting to see all the changes that have occurred since the days when I was a boy and I played in the irrigation canals and corn fields. I also saw that the 30 year rate has dropped for the 7th time in 8 weeks (source: MSNBC). This will help keep the market moving for a while.
*On May 19th at 12:01 a.m. I went to the opening of Star Wars Episode III: Revenge of the Sith I gave into the darkside of my geekiness. For that night I was under the control of the Dark Lord and I submitted to my master.