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Real Estate

Housing market remains troubled

A Boise real estate agent says June home sales dropped again, due in part to the expiration of tax credits for first-time homebuyers. “Obviously with the $8,000 tax credit going away, it has impacted sales,” said Mike Pennington, a Realtor ...

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Retail vacancy decreases in Boise

Retail vacancy in the Treasure Valley decreased slightly in June, yet further improvement may be years away, according to Thorton Oliver Keller’s recent Market Review newsletter. Vacancies decreased slightly from 13.7 percent to 13.5 percent in June, marking the third ...

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A10 Capital opens Midwest office

A10 Capital, a Boise-based commercial real estate financing firm, has opened a new Midwest division in Chicago. Greg Cazel has been named an executive vice president and will oversee the Chicago office. According to REJournal.com, the firm announced a $100 ...

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Judge gives Phoenix developer OK to buy DBSI’s lots for $6.4M (access required)

Dow Jones Bankruptcy Review is reporting that a bankruptcy judge gave homebuilder Beazer Homes USA Inc. (BZH) permission to buy more than 200 undeveloped lots near Phoenix from DBSI Inc. for $6.4 million. Judge Peter J. Walsh of the U.S. ...

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Mortgage defaults decline locally

Mortgage defaults in the Treasure Valley have declined for the third straight month. Idaho Data Providers is reporting that 577 defaults were filed in June, down from a high of 949 in March. In their June market report, Idaho Data ...

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Mortgage rates drop to new low

Mortgage rates dropped for the second straight week to the lowest point in 50 years. However, it might not be enough to jump-start the housing market, according to an Associated Press report. Mortgage company Freddie Mac said the average rate ...

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Commentary: Keeping your project scope under control

By Christian Steinbrecher Dolan Media Newswires Scope has a lot of different meanings. To a mariner, it means the amount of anchor line let out to keep a vessel from dragging in a storm. A good ratio is 7:1. It ...

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