Boise Is Hopping With Changes

Randall Barnes

Boise’s economy is one of the strongest in the nation thanks to a combination of low taxes and a balanced state budget. The local area is notable for being considered as having the 6th best economic outlook, 3rd highest projected job growth rate, 2nd lowest property taxes in the country, and the friendliest state for small business.

New construction is at an all time high, with strong demand before a development is even completed. Boise’s low unemployment and sustained job growth has made it one of the best states for construction jobs.

The median sales price for new homes in Ada County reached $393,705 in June 2018, with existing homes at a median sales price of $299,900. Boise had 561 existing home sales in June, with only a three-week supply of homes on the market. Current sales are reflecting the competitive nature of the market due to lack of inventory, while the marketing time for existing homes fell to just 16 days in June 2018, the fastest reported based on data going back to 2004, and down 27.3% compared to the same month last year. The number of days on market is 16, down from 19 the prior month.

Randall Barnes – Eagle, Idaho

After Randall Barnes served in the military and completed college, he found himself drawn to the real estate industry. He worked at a bank for 18 years in appraisals where he managed 75 appraisers over a vast region, which gave him the experience he has today. Afterward, he became an appraiser and has since been one for 35 years. Randall loves that every day is new, because each property is different or unique in its own way. The complex assignments, going to new different areas, and meeting new people every day has made appraising more than just a job for him.