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Real Estate

New home sales jump to highest level in more than 8 years

Eagle house cropped

Americans ramped up their purchases of new homes in April to the highest level since January 2008, evidence of a strong start to the spring buying season. The Commerce Department said May 24 that new home sales jumped 16.6 percent ...

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NAR report finds influx of younger Realtors

The age and experience levels of Realtors is decreasing, resulting in a drop in median incomes industry wide. Those are part of the findings of the 2016 National Association of Realtors member profile, which discovered that association members’ median age ...

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New FHA appraisal standards sow resistance, confusion (access required)

File photo.

New Federal Housing Administration standards for property valuation have some Idaho appraisers worried they’re being asked to do more than they are qualified for. All properties bought or refinanced with an FHA loan must be appraised by a person approved ...

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Treasure Valley home prices continue rising

A home for sale. File photo.

The same rising home prices and tight inventories in place across the country are also driving Ada County home prices to near record levels, with a steep drop in availability, according to Boise Regional Realtors. BRR reports April’s median home ...

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US home sales growth driven mostly by Midwest

A home for sale recently in Boise. File photo.

Midwestern homebuyers helped spark a national increase in real estate sales during April, a sign that demand for housing remains steady despite rising prices and tight inventories. Sales of existing homes rose 1.7 percent last month to a seasonally adjusted ...

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Roundup 5.20.16 (access required)

El Gallo Giro has leased 3,000 square feet at 615 Main St. in Boise.  Gary Bates of Michener Investments represented the lessee and Randy Limani of Arthur Berry represented the landlord. A 10 space Mobile Home Park at 1745 N. ...

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Idaho officials in the market for timberland, farmland

The Idaho Land Board voted May 17 to get back to its roots of managing timberland and agricultural land. The unanimous vote by the five-member board to adopt a new strategic reinvestment plan calls for using money from the sale ...

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Roundup 5.13.16 (access required)

Farm Bureau Mutual Insurance Co. of Idaho leased 2,650 square feet in the 90 W Cottonwood Court building, 90 W. Cottonwood Court, in Eagle. Karena Gilbert of Thornton Oliver Keller represented the tenant. Jamie Anderson of Colliers International represented the ...

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Coeur d’Alene may allow vacation rentals (access required)

Lake Coeur d'Alene. File photo.

Coeur d’Alene is writing an ordinance that will allow residents to turn their property into short-term vacation rentals. A draft of the ordinance was sent to lawyers to be reviewed and then the edited version will be released to the ...

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