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Not Even The Billionaire Kardashians Can Keep The Idaho Housing Bubble From Popping

Idaho housing

TMZ has dubbed it “North Hollywood.” The billionaire Kardashian clan makes frequent visits, as do other celebrities like Justin Bieber, Mark Wahlberg and Harry Styles.

All the Instagram love from the jet set won’t keep the housing bubble from popping in Coeur d’Alene, Idaho, according to Veros Real Estate Solutions, which provides residential property valuations to the real estate industry.

Coeur d’Alene — nicknamed “CDA” by locals — was dubbed “America’s hottest housing market” by the Wall Street Journal as recently as 2021, with transplants fleeing crowded metro areas such as Seattle and Los Angeles for the great outdoors, including a lake National Geographic once called one of the five most beautiful in the world. In 2023, however, Veros said it expects housing prices there to plummet by 5%, putting Coeur d’Alene ninth on its list of the ten worst housing markets in America for this year.

 

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