The booming mountain city where house prices are defying gravity thanks to influx of retired homebuyers despite sky-high mortgage rates

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The booming mountain city where house prices are defying gravity thanks to influx of retired homebuyers despite sky-high mortgage rates

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A booming mountain city has defied a nationwide real estate slowdown as experts claim the market is 'immune' from sky-high mortgage rates. The cost of homes in Boise, Idaho, sky-rocketed after homebuyers swarmed to the Gem State during the pandemic and astonishingly the region has managed to hold onto those gains, figures show. Though there are 'a lot of reasons that contribute' to the stable housing market in the scenic city, Andrea Pettitt of Silvercreek Realty Group told DailyMail.
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