Real Estate

US pending home sales improved in June

Jul 31st, 2017 | By
Idaho’s home prices increased 0.3 percent from August to September, and have risen 7.7 percent since September 2015. The increase has prompted the Federal Housing Administration to raise the dollar amount on the home loans it will insure.

By Josh Boak/AP Economics Writer WASHINGTON (AP) — Americans signed more contracts to buy homes in June, snapping a three-month decline in pending sales. The National Association of Realtors said Monday that its pending home sales index rose 1.5 percent in June to 110.2. The gain still puts the pace of contract signings below its
[continue reading…]

Ways homebuyers can leap the down payment hurdle

May 31st, 2017 | By
Home for Sale

By Alex Veiga/AP Business Writer LOS ANGELES (AP) — Saving up for a down payment is the biggest hurdle for many would-be homebuyers, particularly those looking to make the leap from renting to owning. More than two-thirds of renters consider setting aside money for a down payment the No. 1 obstacle to buying a home,
[continue reading…]

US construction spending hits highest level in 10 years

Jan 3rd, 2017 | By

By Martin Crutsinger/AP Economics Writer WASHINGTON (AP) — U.S. builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade. Construction spending rose 0.9 percent in November after a 0.6 percent increase in October, the Commerce Department reported Tuesday. The increase reflected
[continue reading…]

Bruce Willis, Demi Moore donate Idaho theater to troupe

Jan 2nd, 2017 | By
Photo from the City of Hailey.

HAILEY, Idaho (AP) — Actors Bruce Willis and Demi Moore have donated the Liberty Theatre in downtown Hailey to a local theater company. The Idaho Statesman reports ( ) that the formalized gift gives the Company of Fools a secure, permanent space where the theatrical company has performed since 1996. The couple, who are now
[continue reading…]

US home prices rise 5.1 percent in October

Dec 27th, 2016 | By
Home for Sale

By PAUL WISEMAN ,  AP Economics Writer WASHINGTON (AP) — U.S. home prices rose again in October as buyers bidding for scarce properties drove prices higher. The Standard & Poor’s CoreLogic Case-Shiller 20-city home price index rose 5.1 percent in October from a year earlier after rising 5 percent in September. Prices for the 20
[continue reading…]

US home sales fell in August as inventories plummet

Sep 22nd, 2016 | By
Home for Sale

By Josh Boak/AP Economics Writer WASHINGTON (AP) — Americans retreated from home-buying in August, as a worsening inventory shortage appears to be hurting sales and pushing prices higher. Housing has been a bright spot amid weak economic growth for much of this year. Sales totals continue to recover from the Great Recession. Buyers increasingly have
[continue reading…]

FDIC Unveils Resources to Help Community Bankers Learn More about Affordable Mortgage Programs

Sep 15th, 2016 | By
Home for Sale

FDIC Statement The Federal Deposit Insurance Corporation (FDIC) on Thursday published a guide and launched an online resource center to help community bankers learn more about single-family housing products offered by federal agencies and government-sponsored enterprises. The Affordable Mortgage Lending Guide, Part I: Federal Agencies and Government Sponsored Enterprises describes federal programs for single-family housing
[continue reading…]

WalletHub says Boise 9th best city for flipping houses

Aug 11th, 2016 | By

WalletHub Press Release BOISE – With more than 110,000 house-flipping investors in 2015 — the highest rate since 2007 — and an average gross profit of $55,000, the personal-finance website WalletHub took an in-depth look at 2016’s Best Cities to Flip Houses. Boise ranked 9th in the nation, with the 11th lowest renovation and remodeling
[continue reading…]

Assessments down but market values up in Twin Falls

Aug 8th, 2016 | By
Home for Sale

The Times-News  TWIN FALLS — The city of Twin Falls says overall property values have declined from last year. But the total taxable value of properties is up. How can that be? There’s more to meets the eye when it comes to unpacking real estate, property values and taxes in Twin Falls this year. Changes
[continue reading…]

Home ownership in UK falls to lowest level in 30 years

Aug 2nd, 2016 | By
Green Home

LONDON (AP) — A new study has found that the proportion of people owning their homes in England has fallen to its lowest level in thirty years. The Resolution Foundation study said Tuesday that soaring prices have forced millions to abandon the dream of home ownership with parts of northern and central England becoming increasingly
[continue reading…]