Of the Rocky Mountain markets, Boise had arguably the shakiest end to the year with a decrease in both closings and starts. The market has a low unemployment rate at 3.6% in November, and sustainable job growth into 2015, which should help move the market along into a stronger spring selling season.
Metrostudy's Eric Allen explains why understanding and monitoring inventory equilibrium levels in the new-home industry is critical for builders to make informed decisions based on market trends.
