Escaping The United States May Be Leading To An Extreme Market Bubble Setup :: The Market Oracle ::
The past few years have seen housing prices skyrocket as Flippers, Speculators and Traditional Buyers jump into home buying or selling to relocate to different areas throughout the US. One interesting facet of this phenomenon recently hit NBC news over the past few days related to the super hot Boise Idaho and Coeur D’Alene Idaho market. Home prices in the Boise area have skyrocketed higher by over 30% in just 12 months. In Coeur D’Alene, home prices have risen over 85% in the past 12 months. Is a Supply/Demand Measure Distorted By Recent Buying Activity – And What’s N...
Source: marketoracle.co.uk