Nampa Idaho Home Vlaues

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January 23 2010 - Nampa
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In addition to the national/local economy issues, Nampa is essentially a bedroom economy of Boise.  With lower prices in Boise, many Nampa residence are able to live closer to where they work further reducing demand in Nampa.

Also, lot prices have dropped to below development cost so replacement costs in Nampa are putting downward pressure on pricing as well.

For those buyers willing to commute a bit further, Caldwell has a new program that will allow for up to $40,000 in downpayment and/or closing costs for some properties and buyers!

The ability for investors to buy and flip houses starting in February will cause this graph to start trending upward again probably about in April or May of 2010.



 
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January 23 2010
 
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