Boise Cascade posts profit amid signs of housing recovery 
POSTED: Friday, May 4, 2012 at 10:30 AM PTBY: Brad Iverson-Long
Tags: Boise Cascade, Housing
Boise Cascade Holdings posted sales of $587 million and a net income of $1.7 million for the first three months of 2012. The earnings numbers announced May 3 surpassed both the previous quarter and the first quarter of 2011. Company officials say a mild winter and improving demand for housing helped the company, as did [...]
Bank-owned homes being held off the market
POSTED: Wednesday, April 18, 2012 at 09:52 AM PTBY: Brad Carlson
Tags: Bank of the Cascades, banking, Housing, Residential Real Estate
The number of bank-owned homes listed for sale through southwest Idaho’s multiple listing service dropped 17.3 percent from February 1 through the end of March, Idaho Data Providers said in a report. Listings of bank “real estate owned” homes, or REOs, dropped from 1,176 to 973 during the period. “This fact is worth mentioning since [...]
Scant housing starts stick Boise Cascade
POSTED: Thursday, August 4, 2011 at 12:42 PM PTBY: Jay Patrick
Tags: Boise Cascade Holdings, Housing
With new housing starts continuing to flounder, Boise Cascade remains on the skids. The company on Aug. 4 reporting a second quarter 2011 loss of $9.9 million. The privately-held company manufactures wood products, plywood, lumber, and particleboard and distributes building wood products. “While our June sales activity was stronger than previous months this year, we remain concerned about the overall [...]
Manufactured housing market sector mounts comeback
POSTED: Tuesday, November 23, 2010 at 11:57 AM PTBY: The Associated Press
Tags: Housing, Real Estate
The combination of frugal buyers and affordable prices is spurring an increase in the sale of manufactured homes across the state. One of the busiest markets in the state for the manufactured housing market is the Treasure Valley. Through Nov. 17, 157 manufactured homes have been sold in Ada and Canyon counties, up 29 percenrt [...]
Study: Boise metro area lags in West on housing, jobs
POSTED: Thursday, March 18, 2010 at 09:23 AM PTBY: Robb Hicken
Tags: City of Boise, Employment, Great Recession, Housing, jobs
Boise continues to lag behind the rest of the West in the “Great Recession Recovery.” A recent study shows the Greater Boise metro area has failed to regain in production, housing and jobs. The latest Mountain Monitor report, focusing on the fourth quarter of 2009, is produced by Brookings Mountain West, a partnership of Washington-based [...]
Dark numbers cast cloud over post-tax-credit housing market outlook
POSTED: Tuesday, January 26, 2010 at 12:35 PM PTBY: Dani Grigg
Tags: Economy, first-time homebuyers, Housing, Residential Real Estate
Home sales around the nation dropped 17 percent in December – with existing homes showing the largest monthly drop in 40 years – but that’s nothing compared to what happened in the Treasure Valley. The number of homes sold in Ada and Canyon counties fell 31.6 percent (from 832 to 569) between November and December [...]
Hubble Homes buys land in Emmett, Kuna for development
POSTED: Monday, November 18, 2002 at 01:00 AM PTBY: Brad Carlson
Tags: Economy, Housing, Residential Real Estate
A $4.5 million commitment for initial land acquisition in Emmett is among several recent moves by Hubble Homes to significantly expand its inventory of homesites for development. Since early October, Hubble has committed to double the number of subdivisions it is developing in the Treasure Valley, to 28, said Special Projects Coordinator Wayne Forrey. Hubble, [...]
Ada apartment vacancy rate drops
POSTED: Monday, November 11, 2002 at 01:00 AM PTBY: Brad Carlson
Tags: Economy, Housing, Residential Real Estate
Average vacancy in Ada County apartment complexes dropped in the latest quarter but remains above year-ago levels, a late-October survey indicates. Ada Real Estate Surveys pegged average vacancy at 7.9 percent, down from 8.8 percent at the end of July but higher than the year-earlier average of 6.1 percent. Five percent is considered indicative of [...]
Meridian Development plans mixed-use revitalization for Old Town
POSTED: Monday, November 11, 2002 at 01:00 AM PTBY: Brad Carlson
Tags: Commercial Real Estate, Government Local, Housing, Residential Real Estate, Retailing
A Meridian Development Corp. plan to revitalize the city’s Old Town area could help improve infrastructure and attract new businesses and buildings, advocates say. The Meridian City Council gave initial approval last month to the Meridian Revitalization Plan, which includes the Old Town area from Cherry Lane south to Franklin Road and between East Fourth [...]
Job slump bodes ill for housing market
POSTED: Monday, October 21, 2002 at 01:00 AM PTBY: Brad Carlson
Tags: Economy, Housing, Residential Real Estate
Sooner or later, southwest Idaho will need to see some job growth – rather than low mortgage interest rates – for the housing market to keep growing, observers say. Job creation and income growth, or a lack thereof, ultimately will impact the real estate market, said Mark Estess, government affairs director for the Ada County [...]
