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The Mass Exodus From The West Coast Is Driving Home Prices In Idaho To Insane Levels

Michael Snyder
April 29th, 2021
The Economic Collapse Blog
Comments (6)

This article was originally published by Micahel Snyder at The Economic Collapse Blog. 

Lots of people have been moving away from the west coast over the last decade, but we have never seen the sort of mass exodus that we have seen over the last year.  This mass exodus has created some extremely hot real estate markets in desirable areas located away from the coast, and according to the Wall Street Journal, the hottest real estate market in the entire country right now is Coeur d’Alene, Idaho.

Any house in the area that gets placed on the market is likely to spark a bidding war, and according to the Coeur d’Alene Association of Realtors, the median price of a home in the region has risen by a whopping 47 percent in the last 12 months…

The median sales price in the Coeur d’Alene region rose in March to $476,900, up 47% from a year earlier, according to the Coeur d’Alene Association of Realtors. Finding a home to buy in the metro area of about 166,000 is getting tougher: Inventory of homes for sale shrank by 71% to just 337 homes. That amounts to less than a month’s supply.

“That’s not enough to go around—therefore, every listing gets 30 offers,” Ms. Johnson said. “Since the pandemic, our market has been crazy.”

In particular, the demand for high-end homes is off the charts.

During the first two months of this year, the number of million-dollar homes sold in the Coeur d’Alene area was more than five times higher than the number sold during the first two months of 2020…

That has helped boost the number of high-end sales. In the first two months of the year, 67 homes in the area sold for $1 million and above, up from 12 sales in that price range in the first two months of 2020, Ms. Williams said.

Of course, the Coeur d’Alene region is not the only extremely hot real estate market that has been fueled by this mass exodus.

According to the Wall Street Journal, these cities round out the top 5…

Austin, Texas

Springfield, Ohio

Billings, Montana

Spokane, Washington

It is interesting to note that three of the top five hottest markets are in the Northwest.  For a variety of reasons, large numbers of people are being drawn to the region, and this has both positives and negatives.

If people want to make positive contributions to their new communities, that can be a good thing, but in too many cases new arrivals want to make their new communities just like the hellholes that they are escaping from.

According to Realtor.com, a large percentage of the people viewing Coeur d’Alene property listings are located in major cities such as Los Angeles and Seattle

About 70% of page views on Coeur d’Alene property listings came from outside the state in the first quarter, up from about 66% a year earlier, according to Realtor.com. The top metro areas for interest in Coeur d’Alene listings were Seattle, Spokane and Los Angeles.

Vast numbers of “west coast refugees” are fleeing to Texas as well.  In fact, one real estate executive based in Dallas says that “70% of the people moving in are from California”

“It’s like waiting for people to get an iPhone when it comes out,” he added. “We have lines out the door for people seeing houses all across all sorts of price points.”

Healy, who is based in Dallas, said hundreds of people per day are moving to his city. He pointed out that 70% of the people moving in are from California and increasing “luxury price points.”

Overall, home prices are much higher in the U.S. today than they were last year.

In fact, we just learned that the Case-Shiller Home Price Index has risen 12 percent over the last 12 months…

House prices soared by 12.0% from a year ago, the biggest increase since February 2006, near the peak of Housing Bubble 1, according to today’s National Case-Shiller Home Price Index for “February,” which reflects the three-month average of sales recorded in public records in December, January, and February.

But the Federal Reserve says that inflation is very low and that there is nothing to be concerned about.

Used car prices are escalating rapidly as well.  In fact, the Manheim U.S. Used Vehicle Value Index is up 52 percent over the last year…

Used car prices in the U.S. continue to skyrocket as a result of both the country’s economic recovery and an ongoing supply crunch.

The Manheim U.S. Used Vehicle Value Index has continued to soar through the month of April, to a new record, as a result of the worsening of a semiconductor shortage, low lot inventories, and a continuing post-Covid “boom”.

The index was up 6.8% in the first 15 days of April, Bloomberg noted. The index is up an astounding 52% from the same time last year to 191.4.

But the Federal Reserve says that inflation is very low and that there is nothing to be concerned about.

The price of gasoline just keeps rising as well.  It has jumped 9 percent since last month and it is up more than 22 percent overall since this time last year…

Gas prices jumped over 9% in the past month and they’re not expected to slow down anytime soon.

Gas prices are up 22.5% from the previous year and were the biggest contributor to an overall increase in goods and services in the nation, according to the US Bureau of Labor Statistics’ Consumer Price Index. Fuel prices pushed a 1-month increase in the overall price of goods for March that was the highest in nearly 9 years.

But the Federal Reserve says that inflation is very low and that there is nothing to be concerned about.

Do you believe the Fed?

I think that Fed officials should be forced to shop for lumber if they want to try to keep convincing us that inflation is very low.

According to Fortune, the price of lumber has shot up 232 percent since the start of the pandemic.

232 percent!

That is just nuts.

By the way, the book that I published last year warned way in advance that inflation would get way out of control.

Events are playing out just as we anticipated, and a lot more inflation is on the way.

Whenever a crisis arises, our leaders always flood the system with more money, and they are pushing us dangerously close to the point of no return.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on FacebookTwitter, and Parler, and anyway that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

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    Author: Michael Snyder
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    Date: April 29th, 2021
    Website: http://theeconomiccollapseblog.com/

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    6 Comments...

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    1. Frank Thoughts says:

      Americans will never agree to it, but the problem is with random, free movement. It should not be possible to move to any city or state unless you have a) income b) a job or job prospects. That’s how things work in most places in the world.

      California was ruined by the vast influx of illegals and mooches who are net drain on the state’s finances. The dangerous idea that anyone in the world has a right to rock up in the West, just because, is wrecking the prosperity and culture that created the West in the first place.

      Just look at what people spend all their energy and attention on: in the US, it is grievance based, as BLM etc. endlessly complain and try to extort wealth through threats and violence. In China, people spend their time learning a language, about science, working and saving, etc. Because the Chinese do this, their society gets richer by the year.

    2. Andrea.Iravani. says:

      The “Great” Retards in InfraGard, DARPA, WHO, UN, and WEF and Their Viral Criminal Psychopathy

      The Pentagon is claiming that Russia attacked U.S. military in Syria with sonic weapons that the Pentagon claims gave troops flu like symptoms, ommitting the loud silent audio noises of sonic weapons attacks experienced by embassy employees in Cuba, referred to as Havana Syndrome, China, and other embassies. I am also a victim after illegal unconsented uninformed surgery at Columbia St. Mary’s Ozaukee performed on me through nasal cavaties and ears implanting micro-chips, sensors, RFIDs, or microphones, since it is difficult to detect, which reulted in immedate sleep deprivation, excruciatingly loud tinnitus, a sudden inability to be able to cry, and a sudden need for eye glasses, and an immediate end to menstruation, since I am convinced that they also stole my ovums while unconscious since “medical samples” are the second largest export from Wisconsin to Canada. 

      Immediately after my first cell phone was hacked in June of 2017, someone started attacking me with silent audio. My dog also heard it, because he would stare and bark at the cell tower. At first I thought that it was a protest taking place in the industrial park or near the highway behind the cell tower. It is evidently beamed to cell towers from a satellite, because I have heard it while in another town. It is evidently frequency specific to the devices illegally implanted in me. I started researching it after finding out that others did not hear it.

      The psychopaths at Columbia St. Mary’s Ozaukee refuse to confess that they have perpetrated these illegal sadistic experimentaion on me, on March 27, 2014, and revived me from a clinical state of death after I attempted suicide by taking a bottle of hydrocone prescribed for an impinged shoulder and a bottle of 5 milligram valium prescribed for anxiety. Three doses of narcan and an external heart defibrulator was used on me. Ascension Health now owns Columbia St. Mary’s Ozaukee hospital previously owned by ex Florida governor Rick Scott as part of the Columbia Group and ex WI governor Tommy Thompson and Health and Human Services director Tommy Thompson is a primary investor in Verichip which is also used by the “Humane Society” to install microchips in pets. Thompson and Hillary Clinton thought that people should be microchipped.

      Right after my first phone was hacked in June of 2017, James Hurth that was a neurosurgeon, psychiatrist, and head of Columbia St. Mary’s Ozaukee Hospital Behavioral Health abruptly resigned and the CEO of WE Energies also abruptly resigned without explanation concurrently.

      I think that they are trying to see if they can control people, and also spy on people with these devices. They ask me to give posessions up, move, give up technology, none of which I have done and which I refuse to do. Since I was involved in the DNC as an events cooridinator and was a Sanders supporter and Hillary hater, I think that someone in politics or even both parties wanted to spy on me for that reason and see if they could control me with mind control. People started illegally entering my home even if I would take out the garbage or get mail. Neighbors behind and across the street from me have stolen things from my home and placed them in their windows. The military and others are experimenting on me with psy-ops. They even wear invisibility cloaks which they developed that reflect the view behind them. It is like a pliable computer screen. Now, just to get the mail, I have to place something in front of my door and walk backwards. New people moved in all around me except for on one side. It always has been a very transient neighborhood which has turned into a hood of sadistic, white trash, serial criminal, psychopathic thugs. They used to stalk me when I would walk my dog that they killed with poison. Someone also hacked my smart meter in February of 2017, which made it read all letter ds and stray energy flew out of the light socket and laser split two coffee cups in half, one after the other. They also have fake mechanical dragon flies that fly around my yard in the summer, and fake birds that talk and asked me “Do you speak Portuguese” and “The Television is your biggest fear.” The psychos in invisibility cloaks would take metal objects and drag them against my metal fence at night, making loud clamging noises. They have locked my doors using directed energy magnetism beams to lock them so that it changes the lock settings so that they keys would not work. They have stolen many things and have vandalised causing tens of thousands of dollars worth of damage during the most vulnerable time in my life after my Mother that also lived in the neighborhood passed away and even deprived me of grieving her loss as well as the loss of my dog and the loss of my brother. They are the most vile and wretched scum conceivable that should have been aborted rather than conceived for the good of humanity. It is https://www.InfraGard https://www.WHO.org and https://www.WHO.int which they have enlisted many in the media to participate in as well. They use Vault7 hacking tools and have hacked into my car, appliances, smart meters, lighting, heating, and cooling. They are sick as hell. They even hired a Siberian musician Einnfalt to write a song about me, Exhibit C God’s will for Andrea Iravani. I know damned well that it is not Russia that is behind this. It is the surveillance state, police state, and medical mafia. It is the MICIMATT Military Industrial Congressional Intelligence Media Academia Think Tanks, WHO, InfraGard, DARPA, and Five Eyes. They are mentally incompetent, insane, evil, serial criminal, psychopaths. They are total losers. They are the scum of the earth that the world would be better off without! They are creating the hell that they and their descendants will be forced to live in and will end up being the victims of. 

      https://sputniknews.com/us/202104241082715997-pentagon-believes-russia-behind-mysterious-directed-energy-attacks-on-troops-in-syria-report/

      Here is proof that Lockheed Martin has installed this technology in cell towers and that they terrorize American citizens:
      https://www.mother.jones.com/politics/lockheed-martin-shadowing-you/

      Anesthesiologist John R Hall MD Austin Texas on his website International Center Against the Abuse of Covert Technology proves that these sick, sadistic, illegal Mengela type experimentaions have been performed on people and estimates that it was done to 300,000 Americans here:

      http://www.ICAACT.org

      Proof that organized community stalking by domestic terrorists is taking place here:

      https://www.fightgangstalking.com

      I dedicate this song to the Low Life Terrorist Scum in InfraGard, WEF, the WHO, Five Eyes, and the MICIMATT that have perpetrated an organized serial crime spree on me, my life, my family, and my property:

      Public Image Ltd.- Low Life – YouTube
      https://m.youtube.com/watch?v=6A0Wejod4fs

      You may recall how freaked out Hillary Clinton and the Secret Service were acting, attempting to convince people that she was being remotely controlled, with the Secret Service reaching into their pocket and pressing a remote control device when she had the head bobbing episode, and all of her other inexplicably strange behaior, and also George W. Bush’s strange behaior of just stopping mid sentence staring off into space in what appeared to be petit mal seizures or TIAs.

      Peter Koenig that was an economist dor the WHO keeps writing that  people will be able to be controlled with 5G, which I do not believe that it is possible to over ride the free will of the human brain to get someone to carry out a specific desired task, they may be able to prevent people from things like remembering things through either disrupted neurological impulses and imposed neurodegeneration through neuro-cellular destruction or by causing someone to faint, have a seizure, or heart attack. There is zero excuse for doing this. Aside from recreational pot smoking and drug experimentaion when I was young, and going over the speed limit, I did not do anything illeagl, anyone trying to claim responsibility for any behavior of mine, is doing so on fraudulent grounds. These people are domestic terrorists and thieves and international terrorists and thieves with the five eyes and WHO. Causing insomnia, anger, and stress through constant noise cannot be deemed as a legitimate form of medical treatment for anything at all. 

      I am convinced with the evidence that I have read about, witnessed, and experienced that there was a plan to convince people that everyone in governments around the world and heads of corporations were not responsible for their crimes against humanity and treason involving 9/11 in America, as well as all that followed because they were remotely controlled Manchurian Candidates. 

      Obviously, the WHO, WEF, financials, central banks, tech companies, militaries, Verichip, and universities were conspiring with them in this after ripping everyone off and perpetrating their decades long crime spree after people added things up regarding 9/11 and realized that it was an inside job.

      Unfortunately, I and approximately 300,000 other Americans are for some reason a victim of it that has destroyed their narrative. I am glad that it destroyed the false narrative, but not that innocent lives, including my own were destroyed in the process of doing it. 

      I am not public property. I know the law, and I know my rights, and I know that what they have done to me is both 100% illegal and 100% sadistically evil. My rights and their limitations are clearly defined in the constitution. Neither is my life, my history, my family, or my property. Who the fuck do you think you are?! I remind you that you are such worthless, useless, insignificant, irrelevant, incompentent, cowardly, losers that you do not even have the guts to admit what you have done to me proving that you are completely powerless, useless, worthless, irrelevant, and insignificant!  You are the scum of the earth that have earned the right to spend the rest of your lives in federal pennitentiaries where you are no longer capable of harming me, my family, or anyone else. You are serial criminal psychopaths and your lifestyles are sick, insane, and disgusting crimes against humanity! Do the world a favor and kill yourselves! You are fooling nobody but yourselves! 

      Why don’t you take a survey and see if people think that sane, intelligent, law abiding, patriotic Americans do use silent audio on people, do illegal, uninformed, unconsented surgery on people, illegally enter peoples homes and vandalize and steal, censor truth tellers, hack into appliances devices, and cars, spy on people, stalk people, gas-light people, falsely diagnose people, commit mal-practice on people, and commit perjury on their victims? 

      Obviously, sane, intelligent, law abiding, patriotic Americans would never do those things, only serial-criminal psychopathic scum of the earth that are insane and mentally incompetent would ever even entertain the idea of doing those things, let alone actually do them like you have done to me! 

      Andrea Iravani

    3. Yes the shith!le that CA has become no wonder any civilized middle class republican Republican family is pouring out. Look at the news today about Cal Trans not picking up freeway trash for 3 years!

    4. cranerigger says:

      New Citizens will Californicate the beautiful state of Idaho. The fiscally irresponsible states (CA, NY, IL, etc.) often have inflated property values as people try to make their hellhole big city environment livable. When they finally leave the corrupt state with wads of money – they drive up the prices of the properties in the new destination. Unfortunately they often bring the political ideas that drove them to leave the old state. Please take the time to inform them of that idiocy.

      Our nation has become an IDIOCRACY (depicted in an old movie). Rational thought is demonized. Centralized control has become the religion of the DEMONRATS. As they seek more & more of your tax dollars, keep the attached depiction of a trillion dollars (note the tax payer in the lower left corner).

      http://www.pagetutor.com/trillion/index.html

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