Island Park Idaho

It’s no secret that real estate sales have been slow nation-wide. That’s been true here in Island Park as well. When the sale of primary residences drops off, you can imagine what happens to the sale of secondary (vacation) homes. Couple that with the fact that much of the construction in the Island Park area was investors building “spec” homes, and you have the recipe for great bargains.

Many investors were caught with no place to sit last year when the music stopped. So for the last 8 - 12 months they have been making payments on high-interest construction loans for a place that there’s no potential buyer for. While the asking prices haven’t dropped all that much, with the slow-down selling prices have come down significantly.

If you’ve been thinking about a new home in the Island Park area, now’s the time to buy. There is a fantastic selection of properties from mild to wild and they are selling for a fraction of what they did last year at this time. There will never be a better time to buy here in Island Park (at least in terms of pricing, selection and availability,) so call your favorite realtor today and see what’s available. You’ll be glad you did.