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Real Estate

Idaho farmland rises 6.3 percent in value (access required)

The value of Idaho farmland increased 6.3 percent in the past year to an average price of $2,360 per acre, according to nationwide statistics released by the U.S. Department of Agriculture. The Idaho numbers fall below the national averages. Across ...

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Year-over-year US home prices show a slowing gain

U.S. home prices rose in June by the smallest year-over-year amount in 20 months, slowed by modest sales and more properties coming on the market. Data provider CoreLogic said Tuesday that prices rose 7.5 percent in June compared with 12 ...

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Liquor store gives way to compelling future at “runt” Grove and 11th (access required)

Tim and Irene Latta did not know they were buying potential prime real estate when they bought the ugly-duckling, cinder block building with vertical steel rod accents at Grove and 11th Street. Back in July 2006, they acknowledged their property ...

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New 24-hour gym chain to expand into Idaho (access required)

24-hour gym chain Workout Anytime is expanding into the Northwest, including Idaho, this year. Workout Anytime, based in Atlanta, typically uses about 6,000 square feet for its fitness clubs and offers just cardiovascular equipment and free weights. The company has ...

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Intermountain MLS will send real estate data directly to Zillow (access required)

Real estate listings along the Interstate 84 corridor between Payette and Twin Falls will soon start appearing on Zillow, the largest U.S. real estate web portal. Zillow is ready to nearly double in size as it acquires Trulia, the No. ...

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US home price gains slow for 6th straight month

U.S. home prices rose in May from a year earlier at the weakest pace in 15 months as sales remain modest in the spring buying season. The Standard & Poor’s/Case-Shiller 20-city home price index, released July 29, increased 9.3 percent ...

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Contracts to buy US homes slip in June

Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer. The National Association of Realtors said July 28 that its seasonally adjusted pending home sales index slipped 1.1 percent ...

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US new-home sales plummet in June

Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy. New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce ...

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National industrial vacancy reaches pre-recession levels (access required)

The national industrial market was definitely the standout commercial real estate sector during the second quarter of 2014. According to data released by Cushman & Wakefield, national vacancy and new speculative construction continued their descent to pre-recession levels. During the ...

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Treasure Valley foreclosures keep heading downward (access required)

Foreclosure filings continue to ease in Ada and Canyon counties. The number of foreclosures in June dropped 61 percent compared to June 2013. Canyon County saw an 18 percent decrease in notices of default from May to June, while Ada ...

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