Photo Credit: iStock.com/Joecho-16
A recent study, discovered on Realtor.com, shows wealthy home buyers are looking for homes away from more widely-known affluent and glamorous areas. Forget about Los Angeles, New York, or even Miami. Boise finds itself on a list that shows it as the top location for housing interest from the nation's richest 1%. The City of Trees is “a budding metropolis for affordable luxury,” according to the report.
Remarks included with the report stated, “The surprise has been the expansion of the affluent sector into mid-sized markets.” It continued, “Part of this is due to wealth migration from higher-tax states to lower-tax states.”
The Boise area has seen a busy real estate market the past several years with droves of…