A History of Real Estate Market Growth
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A Surge In BFR Market While Home Price Records An All-Time High
Amid housing price high records, the rental housing market becomes the preferred choice for those who cannot afford a house at this time. Build-for-rent (BFR), a sub-segment of single-family-rentals (SFRs), is a thriving trend for investors and tenants.
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The Rise Of Prefabricated House
Amid the rise of construction costs and housing shortage, the tiny and prefabricated house has returned and became a potential alternative building with cost and time savings. Before diving into its development and the possibility of solving the affordability issue, let’s look at its development history.
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Update: Boise, Idaho Continues To Be The U.S Hottest Housing Market
For the last quarter of 2021, Boise, Idaho, has recorded the top nation's all-time high home price. As a tremendous relocating destination, Boise is the red hottest market in the U.S. that outpaces other markets to lead the race. Additionally, with the increase of 28.8% in median sale prices from the prior year, some properties were sold at $100,000 over the asking price.
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