After 3 months of relative inactivity, my phones have really been ringing. It's funny, when the market was superheated and everyone was dying to get involved in this market, we had to make room for everyone. Now, when rates are 2% lower than they were last year, and inventory is 30% higher than it was back then, nobody wants to do anything in this market. What gives?? It's good to see that buyers are beginning to see that this is the time to buy! I hope it continues
It is amazing driving around the Twin Falls area and seeing all of the commercial activity taking place. From the new St. Lukes hospital to Walmart, the new CanyonRidge High School, several new hotels, and a few million dollars of other commercial activity, I think someone forget to tell them that we are in the middle of a recession. After having been in Twin Falls for over 40 years now, I have seen times like this come and go. Many of the people that I meet from the central valley of California tell me how much our area reminds them of the central region of that state some 35-40 years ago. I think that helps us to see how much growth potential we have yet to realize. I don't think my wife and I are going to be building a house just know, family responsibilities are going to keep us where we are, but I am on the lookout for some great real estate deals. When all of this commercial activity gets finished, the market will no doubt have rebounded, and I hope to be in a good position to profit from it, as has many of my clients.
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