Economists' Outlook

Housing stats and analysis from NAR's research experts.

  • Record low mortgage rates, steady incomes, and falling home prices combined to boost affordability in Boise, Idaho.
  • The ratio of debt service (principle and interest) relative to the local median household income stood at 9.3% in the 2nd quarter of 2011, down from 9.4% in 2010 and well below the national average of 14.7%.
  • Historically, the local long-term average was 13.4%.
  • Curious about affordability conditions in your market?  For more information, see the Local Market Reports for the 2nd quarter of 2011.
Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

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