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These Pricey Housing Markets Were Hit by Rising Rates. Now, They’re Staging a Comeback.

Por: MarketWatch Business January 07, 2024

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The Idaho city became a for the nation’s soaring home prices and frenzied bidding wars—then for its sudden pullback as mortgage rates rose. Prices in Boise climbed 67% from the start of the pandemic to their peak in 2022, then dropped as much as 13% at their trough, according to Federal Housing Finance Agency data. While prices in other metropolitan areas raced to new highs in the first three quarters of 2023, those in Boise and other... + full article



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