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Real Estate

February home prices soar 6.3 percent in a fierce competition to buy

U.S. home prices jumped in February as buyers compete fiercely over a dwindling number of properties for sale. The S&P CoreLogic Case-Shiller national home price index released April 24 jumped 6.3 percent in February from a year earlier, matching December’s ...

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Eagle’s Alturas Capital acquires Phoenix office complex

Eagle-based Alturas Capital has acquired the 90,000-square-foot Country Club Manor office complex in Phoenix, its second Phoenix acquisition after buying the 57,933-square-foot multi-tenant Siete Square office complex there in 2017. These Phoenix properties are the only two investments outside the ...

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Report: Homes sold faster than ever in 2017 (access required)

Home shoppers should be prepared to move quickly when they find a home they want, as homes sold at their fastest pace on record in 2017. It took 81 days to sell the median U.S. home in 2017, nine days faster ...

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US existing home sales rose 1.1 percent in March

U.S. sales of existing homes increased 1.1 percent on a monthly basis in March, which suggests that buyers are undeterred by the dwindling number of properties available on the market. The National Association of Realtors said April 23 that homes ...

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Roundup 4.20.18 (access required)

ABC Moving Company leased 1,500 square feet at Andon Business Park, 880 E. Franklin Road, Suite 306, in Meridian. Tim Graver, CCIM, CPM, of Prime Commercial Real Estate facilitated the transaction. Edgewood Management Group LLC extended a lease of 3,184 ...

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Road to homeownership gets rockier this spring as rates rise

Higher mortgage rates are making the already challenging task of buying an affordable home even tougher for many Americans this spring. In metro areas such as Denver, buyers are rushing to close a deal before mortgage rates get too high. ...

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Roundup 4.13.18 (access required)

DKM Capital LLC purchased 9,714 square feet at 974-984 W. Corporate Lane in Nampa. Bryant Jones, Mike Peña, and Lincoln Hagood of Colliers International represented the seller. Jim Smutny of Silvercreek Realty represented the buyer. About Face Mental Rehabilitation Inc ...

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Scandinavian Designs furniture is headed for Boise (access required)

The northern California furniture store chain Scandinavian Designs has banners on the former Office Max/Office Depot on Broadway in Boise for its first Idaho store, but there’s no indication when the store will open. Petulama, Calif.-based Scandinavian Designs has 32 ...

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