Idaho Homes Still a Bargain

In places like Atherton, California, where Google employees are cashing in stock for homes, real estate prices are sky rocketing while homes are becoming scarce. Idaho, on the other hand, allows investors and homeowners to responsibly stretch their dollars as they buy at relatively rock bottom prices.

Since the 1950's, the affluent have poured money into Idaho because of the grandeur of its outdoor beauty and recreation. Idaho has attracted celebrities such as Bing Crosby, Patty Duke, Brooke Shields, Arnold Schwarzenegger, Clint Eastwood, and Jamie Lee Curtis. Herbert Allen (Allen & Company, Inc.), investment banker and Idaho property owner, attracts tech and media moguls such as Bill Gates (Microsoft), Michael Eisner (Walt Disney Company), Warren Buffett, and Michael Dell (Dell Computers).

Idaho is the place to invest.

Even considering the 26% rise in home prices, the average price of homes in the Lewiston area is still only $144,213 (source:local MLS data). For a California investor, whose average home price is $743,367 (source:ReReport), Idaho provides unique and profitable investment options... Imagine six rentals for the price of one!

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