By The Christian Science Monitor Sunday, September 16, 2012 13:38 EDT In Silicon Valley, Nikolas Janin rises for his 40-minute commute to work just like everyone else. The shop manager and fleet technician at Google gets dressed and heads out to his Lexus RX 450h for the trip on California's clotted freeways. That's when his…
Sale of this Meridian home, bought 3 years ago for $500K, shows how bananas market is John Sowell, The Idaho Statesman
Feb. 13 When a home down the road from Kelcie Moseley recently sold, the Meridian woman was shocked.
She s watched as home prices have steadily risen the past few years as demand soared and supply dwindled, bringing record high prices in Ada County. But she wasn t prepared for the amount the buyer paid for the six-bedroom, 3,790-square-foot house on the backside of Keith Bird Legacy Park and down the street from the new Meridian Costco.
$1.05 million.
That s more than double what Moseley paid for her 2,200-square-foot house a year ago. And nearly double the $534,000 the sale house in the Bainbridge Park subdivision was assessed for by the Ada County Assessor s Office.