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Real Estate

New home, existing home prices equalize in Ada Co. (access required)

Back in 2006 and 2007, homebuilders were scrambling for lots in Ada County. Some savvy investors bought up lots for $35,000 to $40,000, then turned around and sold them for $100,000. At that price, builders no longer found it feasible ...

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Commentary: Be careful before investing in foreclosures (access required)

By Gary S. Williams RealtyTrac, a leading online market for foreclosure properties, reported last month that February 2010 foreclosures were actually down 2 percent from the previous month. Yet RealtyTrac indicates this break might not last long. Even though the ...

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Apartment rents to keep sliding in 2010

While projected rising employment numbers should help chip away at high apartment vacancy levels in the Boise area in the coming year, the vacancy rate will still be high enough that rental prices will keep falling, according to research from ...

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Shadow vacancy lurks behind the numbers (access required)

Office vacancy statistics have not been telling the happiest story in the last few years. Since 2007, the percentage of empty office space in the Boise area has climbed from about 10.5 percent to about 15.5 percent (according to statistics ...

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One in 14 mortgages delinquent in Idaho

Idaho is doing better than the national average in keeping up with mortgages, but its delinquency rate has almost doubled from where it was last year. According to new numbers from First American CoreLogic, a national real estate analysis firm, ...

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Commercial rents, values in U.S. expected to fall

Commercial property values and asking rents are expected to continue their declines throughout this year. A recent online survey of executives, conducted by Deloitte, showed that 76 percent expect commercial property values to decline, while 73 percent anticipate rents to ...

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