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Real Estate

Strong demand, tight inventory and unsatisfied millennials define today’s “State of the Housing Union” (access required)

Realtor.com has released its “State of the Housing Union,” which shows the strong U.S. economy and unprecedented housing shortage pressuring potential homebuyers striving to attain the American Dream. According to the analysis, strong buyer demand, constrained inventory, and ready-to-buy first ...

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Sales of US homes fall year over year by most in 3½ years

U.S. sales of existing homes fell in January from a year earlier by the most in more than three years. Would-be buyers were stymied by rising prices and a shortage of homes for sale. The National Association of Realtors said ...

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Redfin: Luxury home prices up 7 percent in the fourth quarter

Luxury home prices rose 7.4 percent year-over-year to an average of $1.76 million in the fourth quarter of 2017, according to the latest luxury market report from Redfin, the real estate brokerage. The analysis tracks home sales in more than ...

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Pocatello oil and gas lease upcoming (access required)

The federal Bureau of Land Management is working on issuing an oil and gas lease on property near Pocatello later this year. The property is five parcels with 836 acres in all, about 50 miles east northeast of Pocatello in ...

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Commercial real estate industry expected to benefit from tax changes (access required)

Experts say the new tax laws taking effect in 2018 are generally advantageous to corporations and should be beneficial for the commercial real estate industry. However, one drawback could come in the area of interest expense deductions. “The new laws ...

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Roundup 2.16.18 (access required)

Gateway Mortgage leased 2,385 square feet at 3067 E. Copper Point Drive, Suite 110, in Meridian. Brii Mason of Northwest Commercial Advisors represented the landlord and Chris Novak of KW Commercial and Holly Chetwood of Thornton Oliver Keller represented the ...

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