When it comes to the preferred destination for an exciting new housing opportunity, away from big-city lights and prices, millennials are going with Boise.
Boise is increasingly becoming a favored place to live because of its cost of living, amenities and the balance of pace to living it provides.
Places like Boise are being named the best places for millennials to live, according to Livability. It is also one of the fastest-growing cities in the U.S., with a 26 percent increase to population in 2018. Another report by the Wall Street Journal showed that thousands of millennials moved away from cities exceeding populations of 500,000 in the same year.
It’s clear that this reversal is an ongoing trend.
Millennials are heading to the suburbs in search of something more affordable and accommodating.
With the right team and program, you can do the same.
The FHA loan is available for single-family and multi-family homes. What makes this product so appealing is the flexibility – low minimum down payment requirement, reasonable credit score expectations and lenient income requirements.
Another powerful program is the VA loan. It allows Veterans to enjoy a smooth path to homeownership because applicants can do 100 percent financing and avoid paying mortgage insurance.
If you’re thinking about purchasing a home in the Boise region, please reach out to us today to learn more about the possibilities.