Housing starts in Twin Falls are down.  A garage door salesman told me he does business with a lot of developers in Twin Falls and Cassia Counties.  Builders are starting to see a slump in the market.  It’s not to say we’ll see a sudden stop in growth, but the pace is likely to begin to ramp down, even as housing prices begin to drop.  The price of lumber has been halved since March!  Interest rates are climbing and discouraging some home buyers.  The market was also likely in for a correction after running hot for two years.

A recession would slow things even more.  I still do read some predictions that the housing market will be expensive because of a shortage of homes.  If we can cool inflation going into next year, the housing market will remain a lot more stable than it was in 2008.  Back then, there were too many homes available, and mortgages were being passed out like candy at a parade.  Good and bad were bundled together and brought down the economy.

There are still a lot of neighborhoods planned in the Magic Valley and these are likely to go ahead with construction.  Many people still want to live in Idaho as an alternative to the heavy expenses and government control they’ve experienced on the west coast.

We may see more institutional buying.  Some large investment firms are eyeing housing as a profit center.  The big players will buy entire neighborhoods and then rent the properties.  This approach could keep prices for housing high.

LOOK: Here are the best lake towns to live in

Many of the included towns jump out at the casual observer as popular summer-rental spots--the Ozarks' Branson, Missouri, or Arizona's Lake Havasu--it might surprise you to dive deeper into some quality-of-life offerings beyond the beach and vacation homes. You'll likely pick up some knowledge from a wide range of Americana: one of the last remaining 1950s-style drive-ins in the Midwest; a Florida town that started as a Civil War veteran retirement area; an island boasting some of the country's top public schools and wealth-earners right in the middle of a lake between Seattle and Bellevue; and even a California town containing much more than Johnny Cash's prison blues.

LOOK: Here are the 50 best beach towns in America

Every beach town has its share of pluses and minuses, which got us thinking about what makes a beach town the best one to live in. To find out, Stacker consulted data from WalletHub, released June 17, 2020, that compares U.S. beach towns. Ratings are based on six categories: affordability, weather, safety, economy, education and health, and quality of life. The cities ranged in population from 10,000 to 150,000, but they had to have at least one local beach listed on TripAdvisor. Read the full methodology here. From those rankings, we selected the top 50. Readers who live in California and Florida will be unsurprised to learn that many of towns featured here are in one of those two states.

Keep reading to see if your favorite beach town made the cut.