01/27/2023
Are you as curious as I am about the new subdivisions popping up in the Treasure Valley? I keep my eye on it for 2 reasons:
1. I moved here to get some space away from the overpopulation of Orange County.
2. I am always watching for the new homes that pop up and which direction they are going. It is a good indicator of where the growth, ie. new shopping centers, hotels, schools, etc. are going to start developing.
According to LandproDATA, the supply of residential lots have increased BUT builders are holding off on pulling permits to build and incentivizing to buy the finished homes to control their inventory.
Here is a snapshot of what the numbers look like per town.