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Why Investors Are Scooping Up As Many As 1 Out Of 5 Homes In Boise

A for sale sign is displayed in front of a house in Westwood, Mass. Home prices hit a new record in October as the number of homes for sale hit an all-time low.
Steven Senne
/
AP Photo
A for sale sign is displayed in front of a house in Westwood, Mass. Home prices hit a new record in October as the number of homes for sale hit an all-time low.

Real estate markets are tight all over the country, especially here in Idaho's Boise metro area. But it's not just homeowners buying these houses.

Record low interest rates, a nationwide housing shortage, as well as a renewed interest in single family homes has fueled a new wave of real estate investors. So what does that actually mean for the Treasure Valley? Idaho Matters talks with Margaret Carmel from BoiseDev and dug into this topic in a two-part series.

Gemma is the host of Idaho Matters, Boise State Public Radio's daily show which broadcasts live Monday-Friday at noon. She is an award-winning journalist and has spent the majority of her broadcasting career in Idaho. Gemma was a television news anchor and reporter in Boise for close to 15 years. She came to Boise in 1999 to start Fox 12.