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Real Estate

Round Up 2.8.19 (access required)

RT Specialty leased 2,023 square feet of office space at 435 E Shore Drive in the Eagle River development.  Greg Gaddis and Bill Beck of Tenant Realty Advisors represented the tenant.  Tom Bobo represented the landlord. Silvester Distributing, Inc. renewed a lease for ...

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Share of homes sold above asking price hits two-year low nationwide

The share of homes sold above asking price declined each month in the second half of 2018 — and December saw the biggest month-over-month drop since at least 2012 — another sign of the slowing housing market. Nineteen percent of home sales ...

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Zillow awards $1 million to team that built a better Zestimate

In an effort to improve its analytics, Zillow has awarded a $1 million prize to a team of data scientists who boosted the accuracy of Zillow’s benchmark model, Zestimate. The winners, Team ChaNJestimate, beat out more than 3,800 teams from 91 countries ...

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Round Up 2.1.19 (access required)

Rustam Dental Lab LLC leased 1,026 square feet of office space at 7911 W. Ustick Road, Suite 201, in Boise. Steve Winger of Colliers International represented the landlord. Dennis Formin of Equity Northwest Real Estate represented the tenant. SMV Management ...

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Idaho Airbnb hosts rake in $37.5 million (access required)

This is the first in a four-part series on Idaho’s gig economy.  Airbnb was a boon this year for Idaho residents trying to make extra money by renting out their homes, apartments or extra bedrooms on the website. The company ...

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Mortgage applications decrease nationwide after hitting 11-month peak

Across the country, mortgage applications decreased 2.7 percent from Jan. 11 to 18 after hitting an 11-month peak, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. The Market Composite Index, a measure of mortgage loan application ...

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Realtor.com: Boise a hot housing market in 2019 (access required)

The City of Trees just added another distinction to its growing résumé. Idaho’s capital city is among the top 10 “surprising housing markets poised to rule in 2019,” according to realtor.com. The roster was created after the real estate listings website ...

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Shopko gives up retail footprint in Treasure Valley (access required)

Barely a month into the new year, a major retailer already is calling it quits in the Treasure Valley. The parent company of the discount department store chain Shopko announced Jan. 16 that it has filed for bankruptcy and will close ...

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Round Up 1.25.19 (access required)

Gray’s Art & Framing, LLC renewed its lease of 1,022 square feet of office space at 6054 W. Clinton St. in Boise. Chris Pearson of Thornton Oliver Keller facilitated the transaction. Consolidated Electrical Distributors leased 8,727 square feet of industrial ...

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