Home prices in Ada County were up again in September — a result of the competitive housing market which is being fueled by low m...
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October
13
13
Ada County's Fast-Paced Real Estate Market Continued in September
Home Prices Rise Again in September
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
September
18
18
Fraud Alert! News From Our Technology Partners
Online Merchant "Brushing"
From Your Friends at Integrity Computer Consulting and Repair
In this day and age where many people are resorting to buying online rather than going in-store for purchases, this is becoming a rampant trend.
What is brushing?
Simply put, it's receiving an unsolicited package from an online retailer. You may have heard about the mysterious seed packages being sent from China (which the US and Idaho Dept. of Agriculture are requesting you do not plant and report the receipt of such packages to them), but it isn't just seeds. Clothing, tec...
September
17
17
From Our Lending Partners at Idaho Central Credit Union
The Fed Remains Accommodative; Retail is Bouncing Back
Neither the Federal Reserve meeting nor the economic data had much impact on mortgage markets over the past week. Rates again ended little changed, close to record-low levels.
At Wednesday's meeting, Fed officials confirmed what most investors had anticipated for quite a while. In short, to help support the economy, the Fed has no plans to raise the federal funds rate for the next few years. According to the statement, the Fed will maintain short-term rates near zero until the labor market reaches "maximum employment" and inflation has risen above 2%. Officials also r...
September
14
14
Lack of Inventory Continues to Drive Home Prices
Valley Home Prices Continue to Rise Amid Low Inventory
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
The median sales price for all homes sold in Ada County in August reached $400,000, up 12.7% year-over-year, surpassing the previous high in July 2020 of $390,000.
Our home prices continue to be driven by a shrinking supply of existing homes available for sale compared to demand, more new homes selling at ever-higher prices, increased purchase power due to low mortgage rates,...
August
12
12
The Residential Housing Market in Ada County Sees Record-Setting Numbers
Ada County Housing Market Sets Records in July
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
In July, the median sales price for homes sold in Ada County reached $390,000, inventory bottomed out at 743, closed sales hit a high mark at 1,402, and pending sales soared to 2,046.
These were...