Jan. 14, 2016

The 10 Hottest US Housing Markets to Watch in 2016

In 2015, coastal tech hubs like San Francisco and Seattle were front and center for housing as millionaires with startup money sought shelter.

"But this year, the markets that shine brightest will be those that manage to strike a good balance between strong income growth, low unemployment and solid home value appreciation," said Zillow Chief economist Dr. Svenja Gudell.

Boise ranks #5.

Sep. 2, 2015

Forbes - Best Buy Cities: Where to Invest in Housing in 2015

Whether you’re an investor looking to pick up a few rental properties or a young professional interested in purchasing a first home, there are plenty of places where housing should be a pretty safe bet. The key is to buy in cities with strong job growth that people are moving to, so that the stock of potential tenants for would-be landlords is abundant.

Boise comes in on this Forbes list at #8.

MSA: Boise City-Nampa, ID
Pop.: 650,288
Avg. Home Price: $183,649
Pop Growth (’10-’13): 5.3%
Jobs Growth (annual): 2.2%
Unemployment: 3.5%
Annual price growth: 9%
Over (+) or under (-) priced by: -6%
Home Price/Rent Ratio: 17

Jun. 14, 2016

C of I Undertakes $17 Million Housing Improvement Project

by College of Idaho

Over the past five years, The College of Idaho has experienced rapid enrollment growth, the launch of new programs and the addition of several new campus buildings.

Now, the C of I is responding to the need for additional student housing by launching a three-phase plan to improve existing residence halls and add new residential housing space to the Caldwell campus. The plan is expected to cost around $17 million, with a target completion date of summer 2018. 

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Nov. 15, 2016

Boise Housing Market Remains Strong, Unaffected by Elections

by Boise Regional Realtors

Elections occur during the seasonal, annual slowdown in the real estate sales cycle and don’t typically have a short-term impact on the housing market. The 2016 elections were no exception, according to Jonathan Smoke, Chief Economist for REALTOR.com®, in his article about how Presidential elections affect the U.S. housing market.

Potential changes in policies and programs related to taxes, lending, employment, student loan debt, and so on, will certainly affect housing over the long-term, but how and what that impact will be remains to be seen. These are issues that REALTOR.com and the National Association of REALTORS® (NAR) will monitor, and that Boise Regional REALTORS® (BRR) will analyze locally through these monthly market reports.

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Oct. 16, 2014

Developers See Downtown Boise Housing Need

Developers see the benefits of density-increasing apartments and condos in downtown Boise as demand increases. Downtown Boise has one apartment or condo for every 11 downtown jobs, which places Boise behind Denver and Portland for downtown housing.

Jan. 19, 2016

Zillow Names Boise One of the Hottest Housing Markets of 2016

Today, Zillow® announced its predictions for the ten hottest housing markets in 2016.To determine which markets would be hot, Zillow looked at home value appreciation, low unemployment rates, and strong income growth. Boise came in right behind Richmond Virginia in the number 5 spot.

The list included:

Denver, Colo.
Seattle, Wash.
Dallas-Fort Worth, Texas
Richmond, Va.
Boise, Idaho
Ogden, Utah
Salt Lake City, Utah
Omaha, Neb.
Sacramento, Calif.
Portland, Ore

Aug. 30, 2016

Boise is #4 Best Midsize Real Estate Market

Housing’s back. Indeed, the same industry that sent the U.S. economy into freefall nearly a decade ago is on its feet again. The trust issues linger among Americans, however, fearing another housing crisis as real-estate markets heat up across U.S. metro areas.

But there’s evidence to the contrary. Citing U.S. Census Bureau data, the New York Times recently reported that sales of new single-family homes were higher this past July than in nearly 10 years. Nationwide, which tracks the health of U.S. real estate, reported at the end of quarter two that “the overall U.S. housing market is sustainable,” adding that “few regional housing markets are vulnerable to a housing downturn.”

In light of such good news, WalletHub’s analysts compared 300 U.S. cities across 16 key metrics to help prospective home buyers find the most attractive real-estate markets. Boise ranked #4 Best.

Feb. 4, 2016

Shipping container home subdivision planned for Garden City

A new wave of housing is hitting Garden City soon -- homes built from old shipping containers. Not surprisingly, it's a first for the Treasure Valley and Idaho. It's hard to imagine, but it's 1,400 square feet of living space that was once used to transport goods across the United States and Asia.