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Real Estate

US pending home sales fell in July, 4th decline in 5 months

Fewer people signed contracts to buy homes in July, the fourth decline in the past five months. The decrease likely reflects the worsening shortage nationwide of homes being listed for sale. The National Association of Realtors said August 31 that ...

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Pace of US home sales in July reached lowest level of 2017

Americans retreated from buying homes in July as sales sank to their lowest level of the year. The National Association of Realtors said August 24 that sales of existing homes fell 1.3 percent to a seasonally adjusted annual rate of ...

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Roundup 8.18.17 (access required)

The Bench & Bike Public House leased 2,420 square feet at 6555 W. Overland Road in Boise. Matt Mahoney and Jason O’Very at Lee & Associates Idaho represented both the landlord and the tenant in this transaction. Jeb Bond Law ...

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Average US mortgage rates edge lower; 30-year at 3.89 pct.

Long-term U.S. mortgage rates edged lower the week of August 14. Mortgage buyer Freddie Mac said August 17 the rate on 30-year, fixed-rate mortgages slipped to 3.89 percent from 3.90 percent last week. While historically low, that’s still above last ...

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CCDC looks to add another urban renewal district (access required)

Boise’s next urban renewal district could include the proposed downtown baseball/soccer stadium; the ramshackle Lusk Street area sandwiched between Capitol Boulevard and Ann Morrison Park; the corridor between River Road and the Boise River; and the area between Americana Boulevard ...

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