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Author Archives: Catie Clark

Idaho’s laborious reversal in March (access required)

Comparing March job statistics with February’s, Idaho had the third-worst decline in the number of people hired and the largest hiring rate decline in the nation. Nationally, the number of hires and the hiring rate “was little changed,” according to ...

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LDK breaks ground on its third Nampa project (access required)

LDK Ventures, a California developer of industrial, mixed-use and multifamily projects, broke ground on its fourth Idaho project, the Madison Logistics Center in Nampa. Four projects may not sound like much, but given the year and a half period LDK ...

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If interest is up, that mortgage could be ARMed (access required)

photo of house for sale

Adjustable-rate mortgages are making a big comeback. At the end of the first week in May, 30-year conventional fixed-rate mortgages were sporting interest rates upward of 5.25%. In comparison, 5/1 adjustable-rate mortgages (ARMs) were being offered at interest rates near ...

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Who can afford rent in Boise? (access required)

Average rent for a two-bedroom apartment in Boise over time, with comparisons to other metros. Click to enlarge. Graphic by Catie Clark.

Boise’s steepening rents didn’t improve at all in April. They rose 2.9% compared to March. In comparison, the March to April increase nationally was 0.9%. Month-over-month growth in Boise ranks No. 2 among the nation’s 100 largest cities. These figures ...

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The cost of driving to work in Idaho (access required)

Emmett business hiring at $13.00/hour on May 10, 2022.

As workers are pushed to the edges of Treasure Valley in search of more affordable housing, the Idaho Business Review wondered how much more a worker would need to make to take a Boise job with a longer commute rather ...

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Idaho Falls breaks ground for its first police station (access required)

1950s aerial photo of the Idaho Falls Stockyard

For the first time in its 158-year history, Idaho Falls broke ground on its first consolidated stand-alone police station on April 28. In all of that time, local Idaho Falls law enforcement has shared space with other city departments in ...

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Idaho Bankruptcy Trends through March 2022 (access required)

In May 2020, after the total amount of American distressed debt surged 161%, the American Bankruptcy Institute (ABI) told its membership that: “The COVID-19 pandemic looks likely to cause the biggest surge in bankruptcies that the U.S.’s court system has ...

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Idaho’s year-over-year 111.86% foreclosure increase: no big deal (access required)

Foreclosure activity for Idaho in the first quarter of 2022 was up 16.82% compared to the previous quarter and up an eye-popping 111.86% compared to Q1 in 2021, according to housing data firm ATTOM Data Solutions. While these look like ...

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When a routine Rexburg replat was anything but routine (access required)

A simple, routine replat request in Rexburg raised eyebrows and concern because of the unique nature of the city’s zoning ordinances and the conditions created by the presence of the city’s biggest business: Brigham Young University–Idaho (BYU-I). “It was finally ...

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MoFi funds 2 new Idaho projects in Q1 2022 (access required)

The economic development organization MoFi recently arranged federal credits from the New Market Tax Credit (NMTC) program for three Treasure Valley projects during the first quarter of 2022. The Idaho Business Review (IBR) previously covered the first project, to revitalize ...

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