With the economic crisis plaguing the entire country, buyers have now become more cautious than ever in finding the best deals in the real estate business. Interestingly, at Idaho, land properties maintain a stable market value.
Here are a few reasons why real estate remains booming in this place also known as ‘The Gem State.’
Local economy is strong, especially in the sectors of agriculture, tourism and science and technology. One of the country’s most important agricultural states, Idaho produces almost a third of the potatoes grown in the entire United States. Aside from this, the state is home to world’s largest factory for barrel cheese, large Property Syariah Jakarta brewery facilities and other food processing companies. In the recent years, Idaho has also become devoted to endeavors in the field of science and technology, which now accounts for more than 25 percent of the state’s revenues. Among the technology giants maintaining facilities in Idaho are Fortune 500 companies Hewlett-Packard, Dell, and Sun Microsystems. Finally, Idaho is fast becoming the country’s center for energy research, particularly on nuclear energy and renewable resources such as geothermal, wind and hydroelectric power.
Idaho boasts of vast unspoiled natural areas. Located in the Rocky Mountain region, Idaho residents enjoy the presence of abundant natural resources and panoramic spots, such as snow-capped mountain peaks, deep canyons and a number of lakes and rivers. Popular tourist spots that attract thousands of visitors include the Hells Canyon and Sawtooth National Recreation Areas, the Shoshone Falls and the resorts at Sun Valley City.
Business climate is progressive. In Idaho, especially in the Boise metropolitan area, businesses enjoy much lower operational costs, including electric bills and workers’ compensation. In addition, Idaho provides companies with highly skilled and motivated workforce, and attractive incentives such as tax credits and funding.