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Real Estate

Mortgage payments took a larger chunk of U.S. families’ income in August (access required)

Rising sales prices and interest rates for mortgages made the purchase of a single-family home more expensive in August 2013, according to new research from the National Association of Realtors. The average homeowner spent 16 percent of family income on ...

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Roundup 10.11.13 (access required)

Trademark Church leased 2,490 square feet at 110 N. 27th St. in Boise. Karen Warner and Matt Palmer, of Colliers International, represented the landlord, and Warner represented the tenant. Suttell & Hammer PS leased 150 square feet in the Ventura ...

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Halloween pop-up stores move into vacant storefronts (access required)

Every fall, Gay Abdon’s business pulls into Boise with two 25-foot cargo trailers of the display cases, shelves, pegboard and merchandise she uses to transform a vacant retail space into a Spirit Halloween store. Pop-up stores have become a fixture ...

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Retailers ‘right-sizing’ to smaller footprints (access required)

Many U.S. retailers are adopting smaller footprints, and the trend is happening in Boise as well. The managing director of Dallas-based The Weitzman Group, Robert E. Young Jr., sees the changes happening with big-box stores not as downsizing, but “right-sizing.” ...

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Planned community construction to start in West Meridian (access required)

Work on a mixed-use residential and commercial development in West Meridian is expected to start this winter or spring. Twelve Oaks is located at 1845 West Franklin Road, near the intersection of Franklin and Linder. Developer and  JLJ Inc. President ...

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Roundup 9.27.13 (access required)

Western Idaho Neuropathy Relief Centers LLC leased 2,443 square feet of office space at 232 Whisperwood Way in Boise. Greg Gaddis and Lenny Nelson, of Thornton Oliver Keller, represented the landlord. Debbie Martin, of DK Commercial, represented the tenant. PakSense leased ...

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US pending home sales fall for 3rd straight month

Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter some buyers. The National Association of Realtors said Sept. 26 that its seasonally adjusted ...

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US home prices rise 12.4 pct., most in 7½ years

U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains. The Standard &Poor’s/Case-Shiller 20-city home price index reported ...

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Golf course development is at a standstill (access required)

Although Idaho’s residential real estate market has turned around after the slow years of the recession, golf course development has not followed suit. “In the ’80s and ’90s, golf courses were on the up and up, and now that’s definitely ...

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