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Real Estate

US pending home sales surged 3.5 percent in October

More people signed contracts in October to buy homes, ending three straight months of declines. The National Association of Realtors said Nov. 29 that its index of pending home sales jumped 3.5 percent to 109.3 in October. Despite the increase, ...

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CBRE opens one-person appraisal office in Boise

Commercial real estate giant CBRE (once known as CB Richard Ellis) is the third international/national commercial real estate firm this year to make a mark in the Treasure Valley. CBRE on Nov. 1 opened its first Idaho office in downtown ...

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US home prices leapt in September by the most in 3 years

U.S. home prices rose at the fastest pace in more than three years in September, lifted by a record-low supply of houses for sale. The Standard & Poor’s CoreLogic Case-Shiller national home price index rose 6.2 percent in September from ...

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US new-home sales jumped 6.2 percent in October

Americans bought new homes in October at the fastest pace in a decade — a 6.2 percent monthly increase that reflects both the underlying strength of the economy and the worsening shortage of existing homes for sale. The Commerce Department ...

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Roundup 11.24.17 (access required)

CrossBridge leased 1,200 square feet at 9205 W. Overland Road in Boise. David Gronbeck of Lee & Associates Idaho represented the landlord, and Thomas Camara of KW Commerical Real Estate represented the tenant in this transaction. Oxidize Hair Company leased ...

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US home sales rose in October as hurricane impact wanes

Americans bought more homes last month, as sales snapped back in hurricane-hit Texas and Florida. Yet the market is still suffering from a dwindling supply of available homes. Sales rose 2 percent in October to a seasonally adjusted annual rate ...

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Idaho offers $1 million price drop on office building sale

State officials have approved auctioning 10 commercial properties, including one with a $1 million price drop. The Idaho Land Board voted 4-1 on Nov. 21 to sell the properties as part of a plan to get rid of politically contentious ...

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Roundup 11.17.17 (access required)

Allante Partners LLC purchased a 7,828-square-foot single-tenant flex investment property at 1025 E. Exchange Street in Boise.  Randy Limani of Arthur Berry & Co. and Jim Hosac of Intermountain Commercial Real Estate handled the transaction. Casandra Thompson and Bradly Bull ...

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Warehouse, infrastructure owners buck sluggish REIT market

While the broader stock market has been steadily racking up gains and posting new highs, companies that own real estate have been lagging, with some notable exceptions. Losses by struggling mall and shopping center owners have weighed on real estate ...

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Top 25 U.S. zip codes for buying single family rental homes in Q3 (access required)

ATTOM Data Solutions has released its Q3 2017 Single Family Rental Market report, which identified the top 25 U.S. zip codes for buying single family rental homes based on potential rental yields and cash flow, vacancy rates, home price appreciation, ...

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