Sounds like hordes of Californians are selling their grossly overpriced houses, moving to Idaho with the proceeds in hand, and overpaying in that market. How long until the Californian immigrants vote for socialism in Idaho, and destroy it too?
Too late in Idaho. Where I live onld houses were 50k ;not too long ago. The only employer of note is a Salad dressing factory. Californians invaded and bought everything and that same house now commands 300k and the locals are priced out. There is nowhere left to go.
“Sounds like hordes of Californians are selling their grossly overpriced houses, moving to Idaho with the proceeds in hand, and overpaying in that market.”
Except homes in CA are rising in price too! Think this is a combo of the feds flooding the USA with $$$$ while keeping interest rates artificially low.
With so many leaving how is it that market is holding up?