Kirk Siegler/NPR
This time last year, amid the pandemic lockdown, Marissa Lovell s landlord offered to sell Lovell her current rental house in Boise, Idaho, for $256,000.
Lovell and her fiancé are first-time homebuyers she s a freelance writer and publicist for a local music festival, and he s an arborist. So it took them until July to get all their paperwork together and loan secured. By then, her landlord had raised the asking price to $300,000. Today, one year later, it s for sale for almost $400,000. In the last 30 days, according to Zillow, our house has gone up $15,000, Lovell says. You can t keep up with it.
Homebuyers Squeezed As Western States See Prices Double Or More In Last Decade
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Homebuyers Squeezed As Western States See Prices Double Or More In Last Decade
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