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Real Estate

Office market chips away at ‘shadow’ vacancy (access required)

Southwest Idaho’s office market has less unreported “shadow” vacancy , a trend that pushes reported vacancy rates higher in the short run, but gives would-be occupants more choices. The market in 2009 saw about 400,000 square feet of negative absorption, ...

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Land board extends cabin rents for 1 year

The state Board of Land Commissioners has agreed to a 1-year extension of current leases for hundreds of homes on state-owned land in northern Idaho. The move was forced by an Idaho judge, who last week granted Attorney General Lawrence ...

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November foreclosure numbers show decline

The number of home foreclosures in Idaho dropped last month, but the state still has one of the highest rates in the nation. RealtyTrac, which monitors the national foreclosure market, says foreclosure notices, auction dates and bank repossessions were filed ...

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Tamarack Resort resurrected for ski season

When a French developer tried to build a destination ski resort in the central Idaho mountains and it failed, 36-year-old Wolfe Ashcraft was among the casualties. He no longer had a job as a ski instructor at Tamarack Resort. He ...

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Commentary: Analyzing collateral and why banks need it

by Gary Babbitt Although there is no comprehensive industry-wide data available to show what percentage of commercial loans made in the United States are backed by collateral, an educated guess would be that the majority of business loans made by ...

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J Crew confirms plans to open Boise store

A spokeswoman for J Crew confirmed the company will be opening a store in the Boise Towne Square Mall next year. An exact opening date wasn’t revealed at this time. Several attempts to reach the Boise Towne Square management offices ...

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Commentary: Flip this house: Spurned buyer seeks lost profits

Pat Murphy What a great way to make money! Buy an old house, fix it up, and then resell it for a tidy profit. Let the good times roll! Of course, the A&E reality show “Flip This House” well documents ...

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High court dismisses Wasden’s suit

The Idaho Supreme Court has dismissed Attorney General Lawrence Wasden’s challenge of a new rental policy for hundreds of state-owned lakeshore lots. Wasden’s lawsuit sought to block the state from using a new formula approved by the state Land Board ...

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