Boise Builders down 80%

In 2005 some 770 home builders were actively building in Boise Idaho. This year only 160 are left![Promotional hotlink removed by Zillow moderator.]

Trey Langford
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December 09 2009 - Boise
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Keep in mind that in 2005 many of the Builder's that were large enough to have separate "Foreman" or "Job Superintendents" left to become their own "builder" as well.

There were some pretty shaky "Builder XYZ, LLC" companies sprouting up that knew how fragile the market was getting too.

Back then, I know people that were building $1 million spec (model) homes with no cash investment!

To get a loan today, you have to prove your ability (financial and licensed contractor) neither of which were required in 2005 in Idaho!

Jim Paulson
Owner/Broker - Progressive Realty Corp.

 

   
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December 09 2009
 
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