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Real Estate

US builders boost housing spending, cut elsewhere

U.S. builders spent more to construct homes in August, further evidence of a housing rebound. Still, the increase couldn’t offset cuts in public projects and commercial real estate. Overall construction spending dipped 0.7 percent in August from July, the Commerce Department ...

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Twin Falls’ Crossroads Point development stalls (access required)

When a groundbreaking celebration was held for the Heritage Building in June 2008, Dragt Construction had verbal agreements for leasing 60 percent of it. With a hospital planned for next door, professional office space within the 13,500-square-foot, Spanish Colonial building ...

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Southeast Idaho’s Horse Station selling real estate (access required)

The Horse Station at Cache Valley, an $80 million development in southeastern Idaho, is selling 100 acres of land that could become hotels, retail stores and condominiums in the horse-focused real estate project. The Horse Station will also have an ...

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Treasure Valley real estate trends are climbing (access required)

Real estate trends are painting an optimistic picture in the Treasure Valley. Recent changes to a federal refinance program helped boost Treasure Valley mortgage refinances more than 300 percent year-over-year in July, according to Pioneer Title Co.’s PTC Index. Overall, ...

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Public hearing set on future of Simplot house on the hill (access required)

A committee set up to decide how the state should handle its unused governor’s mansion will hold a public hearing on the matter Oct. 2. The bipartisan Governor’s Housing Committee will take testimony in Room WW55 of the Statehouse. The ...

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Why you shouldn’t pay down your mortgage faster

The impulse to pay off your mortgage more quickly than you need to is understandable, especially these days. Interest rates are near historic lows, so it’s possible to replace a 30-year mortgage with a 15-year loan and still afford the ...

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R&R Public House is closing (access required)

R&R Public House in Meridian is closing its doors. “We just didn’t ever reach that mark where we could stay above water,” owner Shane Randel said. “We were never really busy enough.” Randel said his landlord/investor is pulling the plug ...

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Idaho a leader in home price increases

U.S. home prices jumped 3.8 percent in the 12 months ending in July, according to a private real estate data provider. The year-over-year increase was the biggest in six years, further evidence that the housing market is steadily recovering. CoreLogic ...

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BoDo gets a new chocolate shop

Downtown Boise is now home to the second storefront for Sarah’s Candy Cottage, which produces chocolate, licorice and other sweets and will soon serve gelato. The new location, called Saroli Chocolat, opened Aug. 23 in BoDo. The chocolate shop’s owners ...

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