{"id":7858,"date":"2012-06-04T13:20:23","date_gmt":"2012-06-04T19:20:23","guid":{"rendered":"http:\/\/stateimpact.npr.org\/idaho\/?p=7858"},"modified":"2012-06-05T15:26:59","modified_gmt":"2012-06-05T21:26:59","slug":"why-being-called-a-boomtown-isnt-good-for-boise","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/idaho\/2012\/06\/04\/why-being-called-a-boomtown-isnt-good-for-boise\/","title":{"rendered":"Why Being Called A ‘Boomtown’ Isn’t Good For Boise"},"content":{"rendered":"
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Molly Messick \/ StateImpact Idaho<\/p>

In April, nine homes were under construction at one of Coleman Homes' developments outside of Boise.<\/p><\/div>\n

Boise’s local NBC affiliate, KTVB, reported on a handful of recent rankings<\/a> that put Idaho’s biggest city among those whose housing markets are making a come-back.\u00a0<\/del>The TV station (and one of the recent rankings<\/a>) use the term “boomtown” to describe what’s going on with Boise real estate.<\/p>\n

By definition<\/a>, Boise isn’t a boomtown.\u00a0 At best, Boise’s housing market might be seeing a “boomlet<\/a>,” but even that term is a stretch. <\/p>\n

It’s true, real estate in Boise is showing improvement.\u00a0 StateImpact<\/em> has been reporting on that turn-around for the last eight months.\u00a0 But it’s important to understand what’s causing the shift.\u00a0 There aren’t droves of out-of-towners moving to Boise, as suggested by the phrase boomtown<\/em>.\u00a0 The Boise metro area grew 1.8 percent between 2010 and 2011, according to Census data<\/a>.\u00a0 Idaho’s total population grew less than a percentage point during that same time period, the smallest annual growth since 1988<\/a>.<\/p>\n

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