Real Estate

US construction spending hits highest level in 10 years

Jan 3rd, 2017 | By
ConstructionStock2

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
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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 (http://bit.ly/2ir425O ) 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
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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
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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
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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
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WalletHub says Boise 9th best city for flipping houses

Aug 11th, 2016 | By
HomeforSale

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
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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
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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
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Home Price Index Report: Idaho leads upward movement

Jul 26th, 2016 | By
Home for Sale

Press Release Idaho led the nation in home price growth in May, according to the Black Knight Home Price Index. Idaho saw 1.9 percent growth for the month, followed by North Dakota at 1.8 percent. Looking at the metro-level view, Idaho Falls was the third biggest mover with a 2 percent increase since April. Several
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Still-low mortgage rates ushering new refi wave

Jul 21st, 2016 | By
Green Home

By Alex Veiga and Josh Boak/AP Business Writers The last time Mark McCollam refinanced the loan on his three-bedroom house in Los Angeles, he figured mortgage rates would only head higher from there. He was wrong. Not that he’s complaining. The aerospace engineer recently refinanced again, lowering his mortgage rate by 1 percentage point to
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