Housing Market http://boisestatepublicradio.org en Data: See The Change In Ada County Property Values http://boisestatepublicradio.org/post/data-see-change-ada-county-property-values <p>Property values in Idaho's most-populated county went up between 2013 and 2014 in a big way. This is the second year in a row Ada County's property values increased. Of course those increases are on the heels of four-straight years of decline after the <a href="http://fivethirtyeight.com/features/why-the-housing-bubble-tanked-the-economy-and-the-tech-bubble-didnt/" target="_blank">housing bubble burst</a>. &nbsp;</p> Tue, 03 Jun 2014 20:51:58 +0000 Adam Cotterell 46452 at http://boisestatepublicradio.org Data: See The Change In Ada County Property Values As Ada County Home Values Go Up, Assessor Doesn’t See A Bubble Looming...Yet http://boisestatepublicradio.org/post/ada-county-home-values-go-assessor-doesn-t-see-bubble-loomingyet <p>If you own a home in Ada County, you may have received a letter in the mail last week from the county assessor’s office. And that letter probably said your property value had gone up, maybe even substantially.</p><p>That's good news for those wanting to sell their house or those who’ve been underwater on their mortgage. But the increases could mean higher taxes, and it could actually be bad news for the economy.&nbsp;</p> Mon, 02 Jun 2014 18:04:39 +0000 Adam Cotterell 46372 at http://boisestatepublicradio.org As Ada County Home Values Go Up, Assessor Doesn’t See A Bubble Looming...Yet Report: It Takes A 73 Hour Work Week To Pay Rent On Idaho's Minimum Wage http://boisestatepublicradio.org/post/report-it-takes-73-hour-work-week-pay-rent-idahos-minimum-wage <p></p><p>An Idaho worker earning the minimum wage would need to work 73 hours per week in order to afford a modest two-bedroom rental <a href="http://nlihc.org/sites/default/files/oor/OOR2014.pdf" target="_blank">according to a report</a> from the National Low Income Housing Coalition.</p> Wed, 26 Mar 2014 19:11:08 +0000 Emilie Ritter Saunders 42398 at http://boisestatepublicradio.org Report: It Takes A 73 Hour Work Week To Pay Rent On Idaho's Minimum Wage North Idaho Landowner Selling Waterfront Property For Bitcoin http://boisestatepublicradio.org/post/north-idaho-landowner-selling-waterfront-property-bitcoin <p>A North Idaho man is selling lake-front property for <a href="http://www.npr.org/tags/171188426/bitcoin">bitcoin, a digital currency</a> that isn't regulated like the U.S. dollar.</p><p>The <em>Coeur d'Alene Press</em> <a href="http://www.cdapress.com/news/local_news/article_4fd39318-1f57-5e35-a736-9640a1df7d55.html?state=taberU">reports</a> Hayden resident Alen Golub has joined with neighbors to sell 660 waterfront acres. Golub tells the paper he's selling his 50 acres in exchange for bitcoin.</p> Wed, 05 Mar 2014 17:41:44 +0000 Emilie Ritter Saunders 41187 at http://boisestatepublicradio.org North Idaho Landowner Selling Waterfront Property For Bitcoin Post-Recession Home Values Held Firm In Small Northwest Counties http://boisestatepublicradio.org/post/post-recession-home-values-held-firm-small-northwest-counties <a href="http://cpa.ds.npr.org/northwestnews/audio/2013/11/111413JR_RuralHomes_web.mp3" class="asset-audio"></a><p>Across the nation, home values plummeted after the U.S. housing bubble burst in 2008. But that was not the case in some of the less populous counties in the Northwest.<p> Fri, 15 Nov 2013 17:49:29 +0000 Jessica Robinson 35545 at http://boisestatepublicradio.org Post-Recession Home Values Held Firm In Small Northwest Counties Rejuvenated Housing Market Gives Giant Development North Of Boise A Needed Boost http://boisestatepublicradio.org/post/rejuvenated-housing-market-gives-giant-development-north-boise-needed-boost <p>When the idea for a planned community north of Eagle first came about in 2002, the housing market was strong. But final approval for the 35 square mile project known as <a href="http://www.avimor.com/">A</a><a href="http://www.avimor.com/">vimor</a><a href="http://www.avimor.com/"> </a>didn’t come until 2008. By then, home sales in the Treasure Valley had tanked.</p> Thu, 31 Oct 2013 14:18:21 +0000 Scott Graf 34703 at http://boisestatepublicradio.org Rejuvenated Housing Market Gives Giant Development North Of Boise A Needed Boost More Idahoans Sign Up To Be Realtors As Boise's Housing Market Picks Up http://boisestatepublicradio.org/post/more-idahoans-sign-be-realtors-boises-housing-market-picks <p>Nearly every seat at the Ada County Association of Realtors classroom is taken during a recent training session. The 50 people in attendance are here to become realtors. ACAR director and class teacher Marc Lebowitz&nbsp; says as the <a href="http://boisestatepublicradio.org/post/why-brand-new-home-might-be-harder-find-treasure-valley-housing-market-improves" target="_blank">Treasure Valley's housing market picks up</a>, more people are signing up to become realtors.&nbsp;</p><p>“We’re going to go over so much stuff today, it’s going to make your head spin,” Lebowitz tells the class.</p> Wed, 30 Oct 2013 11:00:19 +0000 Jessica Murri 34658 at http://boisestatepublicradio.org More Idahoans Sign Up To Be Realtors As Boise's Housing Market Picks Up Why A Brand New Home Might Be Harder To Find As The Treasure Valley Housing Market Improves http://boisestatepublicradio.org/post/why-brand-new-home-might-be-harder-find-treasure-valley-housing-market-improves <p>The Treasure Valley housing market is coming off its hottest summer in years. In July, Ada County home sales were up nearly 40 percent over July of 2012. The average price was up by about 20 percent.</p><p>The stats all points to a market that’s recovering from the housing bust of just a few years ago. But there’s one aspect of the industry that hasn’t been quick to recover: new home construction.</p><p>When the housing market was at its worst, a glut of new homes made it a buyer’s dream.</p> Tue, 29 Oct 2013 11:45:15 +0000 Scott Graf 34570 at http://boisestatepublicradio.org Why A Brand New Home Might Be Harder To Find As The Treasure Valley Housing Market Improves Data: How Idaho's Housing Market Has Changed Since 2006 http://boisestatepublicradio.org/post/data-how-idahos-housing-market-has-changed-2006 <p></p><p>The Boise housing market is coming off the strongest sales period the region has seen since before the housing bubble burst in 2008. Low interest rates and relatively low demand helped drive home values higher this summer. &nbsp;</p> Mon, 28 Oct 2013 16:05:06 +0000 Scott Graf 34478 at http://boisestatepublicradio.org Data: How Idaho's Housing Market Has Changed Since 2006 Home Prices In Idaho Are Up 15 Percent, New Building Permits Above Average http://boisestatepublicradio.org/post/home-prices-idaho-are-15-percent-new-building-permits-above-average <p>Idaho is one of five states that saw housing prices climb by <a href="http://www.taxpolicycenter.org/UploadedPDF/412856-SEM-070913-Q1.pdf" target="_blank">more than 12 percent</a> from the first quarter of 2012 to the first quarter of 2013.</p><p>In Idaho, home prices are up 15.1 percent over the first quarter of last year. But as the <a href="http://www.taxpolicycenter.org/UploadedPDF/412856-SEM-070913-Q1.pdf" target="_blank">State Economic Monitor</a> from the Tax Policy Institute points out, Idaho is among states that saw the sharpest decline in home prices during the recession.</p> Thu, 11 Jul 2013 20:38:53 +0000 Emilie Ritter Saunders 28748 at http://boisestatepublicradio.org Home Prices In Idaho Are Up 15 Percent, New Building Permits Above Average Boise’s Housing Bust Leaves Unlikely Victims In A Neighborhood That Saw The Worst http://boisestatepublicradio.org/post/boise-s-housing-bust-leaves-unlikely-victims-neighborhood-saw-worst <p>Homeowners, credit intact, still making their monthly mortgage payments.&nbsp; They’re not who we think of first when we think of the damage brought on by the housing crisis. But in a sprawling, master-planned southwest Boise subdivision called Charter Pointe, they’re a group that has struggled.</p> Wed, 13 Feb 2013 16:48:28 +0000 Molly Messick 20933 at http://boisestatepublicradio.org Boise’s Housing Bust Leaves Unlikely Victims In A Neighborhood That Saw The Worst How Traditional Japanese Homebuilding Reversed The Fortunes Of One Idaho Sawmill http://boisestatepublicradio.org/post/how-traditional-japanese-homebuilding-reversed-fortunes-one-idaho-sawmill <p>Before the recession hit, the sawmill in the North Idaho town of Laclede was known for its reliability.&nbsp; It had never seen a shutdown, not in Steve Spletstoser&rsquo;s nearly 30 years of working there. &nbsp;Then came&nbsp;2008.</p><p>It was really eye-opening to see,&rdquo; Spletstoser says.&nbsp; &ldquo;Your livelihood is hanging in the balance.&rdquo;&nbsp; Day after day, the mill cut lumber, and day after day it piled up.&nbsp; Very little left the&nbsp;lot.</p> Wed, 08 Aug 2012 15:16:54 +0000 Molly Messick 11364 at http://boisestatepublicradio.org How Traditional Japanese Homebuilding Reversed The Fortunes Of One Idaho Sawmill One Housing Sector That’s Booming: Survival Realty http://boisestatepublicradio.org/post/one-housing-sector-s-booming-survival-realty <p>The housing market in the Northwest is finally showing signs of recovery. But there&rsquo;s one sector of real estate that never let up during the economic downturn. Real estate agents who sell what&rsquo;s known as &ldquo;<a href="http://www.survivalrealty.com/" target="_blank">survival realty</a>&rdquo; are experiencing boom times. Fri, 03 Aug 2012 04:14:31 +0000 Jessica Robinson 10868 at http://boisestatepublicradio.org One Housing Sector That’s Booming: Survival Realty Idaho Housing Market Shows Steady Improvement http://boisestatepublicradio.org/post/idaho-housing-market-shows-steady-improvement <p>RealtyTrac&rsquo;s midyear foreclosure report gives emphasis to the mantra we&rsquo;ve been hearing all year about Idaho&rsquo;s <a href="http://stateimpact.npr.org/idaho/topic/housing-market/" target="_blank" title="Your Guide to Idaho’s Housing Market">housing market</a>: it&rsquo;s improving.</p> Thu, 12 Jul 2012 16:41:19 +0000 Molly Messick 9688 at http://boisestatepublicradio.org Idaho Housing Market Shows Steady Improvement Mountain West Recovery Outpaces Nation’s, Brookings Says http://boisestatepublicradio.org/post/mountain-west-recovery-outpaces-nation-s-brookings-says <p>Boise home values have improved by nearly five percent from their post-recession low.&nbsp; That&rsquo;s enough of an increase that a recent Brookings Institution report ranks the city first for its house price recovery.&nbsp; <em>StateImpact</em> <a href="http://stateimpact.npr.org/idaho/2012/07/03/boises-recovery-earns-strong-marks-but-theres-a-catch/#more-8768" target="_blank">reported that finding</a> early this&nbsp;week.</p> Thu, 05 Jul 2012 23:34:40 +0000 Molly Messick 9350 at http://boisestatepublicradio.org Mountain West Recovery Outpaces Nation’s, Brookings Says Investors And New Homebuyers Square Off In Boise’s Fierce Housing Market http://boisestatepublicradio.org/post/investors-and-new-homebuyers-square-boise-s-fierce-housing-market <p>There&rsquo;s something unusual happening in Boise.&nbsp; While national figures show that the housing recovery is slow, at best, Boise is one of a few U.S. cities that have seen a fast run-up in demand, and prices.&nbsp; <a href="http://wp.me/p1KtZ7-23u">Continue reading...</a></p> Wed, 06 Jun 2012 23:59:32 +0000 Molly Messick 7683 at http://boisestatepublicradio.org Investors And New Homebuyers Square Off In Boise’s Fierce Housing Market Why Being Called A ‘Boomtown’ Isn’t Good For Boise http://boisestatepublicradio.org/post/why-being-called-boomtown-isn-t-good-boise <p>Boise&rsquo;s local NBC affiliate, KTVB, <a href="http://www.ktvb.com/news/business/Boise-called-Next-boomtown-by-national-publications-156918775.html" target="_blank">reported on a handful of recent rankings</a> that put Idaho&rsquo;s biggest city among those whose housing markets are making a come-back.&nbsp;The TV station (and one of the <a href="http://news.investors.com/article/613461/201206011851/hot-real-estate-markets-phoenix-denver-san-jose-boise.htm?p=full" target="_blank">recent rankings</a>) use the term &ldquo;boomtown&rdquo; to describe what&rsquo;s going on with Boise real es Mon, 04 Jun 2012 19:57:49 +0000 Emilie Ritter Saunders 7481 at http://boisestatepublicradio.org Why Being Called A ‘Boomtown’ Isn’t Good For Boise Little By Little, Idaho's Hard-Hit Housing Market Begins To Revive http://boisestatepublicradio.org/post/little-little-idahos-hard-hit-housing-market-begins-revive <p>Idaho was hit hard in the housing crash.&nbsp; For the better part of three years, the state&rsquo;s foreclosure rate was one of the highest in the nation.&nbsp; The Boise area saw the worst of it.&nbsp; That means it&rsquo;s been a while since this scene played out with any kind of regularity.</p><p>Lynne Smith pushes open the door of the home she&rsquo;ll move into in just a couple of weeks. &quot;This is it!&quot; she says.&nbsp; &quot;It&rsquo;s just nice to come in and look around and say, &#39;Oh, this is going to be my house!&#39;&quot;</p> Thu, 12 Apr 2012 12:30:00 +0000 Molly Messick 4024 at http://boisestatepublicradio.org Little By Little, Idaho's Hard-Hit Housing Market Begins To Revive Home Prices Continue To Drop In Some Northwest Cities http://boisestatepublicradio.org/post/home-prices-continue-drop-some-northwest-cities <p>Home prices continue to fall in much of the Northwest. New figures released Tuesday show yet another drop in both Seattle and Portland.&nbsp;</p><p>The S&amp;P/Case-Schiller Index measures housing prices in 20 large metropolitan areas around the country. The newest figures are through January and in them, both Seattle and Portland hit new lows for the current economic downturn. Average home prices in both cities are down about four percent from a year ago.</p><p>Steve Thoele is an agent with Keller-Williams Realty in Portland. He blogs about housing trends in Oregon.</p> Wed, 28 Mar 2012 18:12:52 +0000 Adam Cotterell & Chris Lehman 3198 at http://boisestatepublicradio.org Home Prices Continue To Drop In Some Northwest Cities