Homebuilding picks up in southern Idaho « IBR Real Estate Update

{ Posted on 4:55 PM by JR Erickson }

Homebuilding picks up in southern Idaho

By ibrealestate

Dani Grigg

The top builders in southern Idaho built more houses in June this year than they did last year.

The three contractors who built the most homes last month were Boise-based CBH Homes, Meridian-based Hubble Homes and Meridian-based Aspen Homes. They built a total of 87 homes in southern Idaho in June, compared to 68 in June 2008, according to a report from BuildIdaho.com

Trey Langford, founder of BuildIdaho.com, said he’s seeing increased optimism among homebuilders.

“Builders are enthusiastic based on the inquiries and the quality of inquiries they’re getting – meaning they don’t feel like tire kickers out there,” he said. “The numbers are fewer but the people that are contacting them are people that are motivated to buy or build new homes. They’re not just trying to figure out what the price of a new home is; they’re actually in the market.”

The top nine subdivisions in southern Idaho sold a total of 43 homes in June.

CBH Homes is the builder for seven of those subdivisions, while Brighton Homes and Eaglewood Homes are the builders for Paramount in Meridian, which tied for the highest number of sales (six) with CBH’s Silverleaf in Meridian.

Its good to see that these builders are building more homes,its very good for the boise economy, and it tells you were the market is. They are dominating the market in the 125-175 range. You can also see AdaCountyMarketReport.com to see some more statistics.

Posted via web from jrerickson's posterous

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