Ada County Home Prices Reach New Record in August While the Pace of Growth Steadies

Three main factors continue to drive housing demand in Ada County — increased economic development, limited housing supply, and a growing population — resulting in a record high median sales price in August 2017 of $278,000, up 9.6% from a year ago.

Yet while the actual median sales price continues trending upwards, the rate at which it does so… Click To Tweet Think of it like driving your car up a hill: as the road gets steeper, the speed at which you drive decreases. You’re still gaining ground, just not as quickly.

MSP vs YOY Percent Change in Median Sales Price for Ada County

In January 2015, the Ada County real estate market began to see steadier, year-over-year price growth each month, at 7.9% on average through August 2017. Looking back to January 2012 (when the market recovery began) through December 2014, year-over-year price growth fluctuated each month at a much higher average of 13.2%.

These early fluctuations were closely tied to changes in mortgage interest rates.

Rising home prices are great for sellers and our economy overall, but eventually, can cause affordability concerns for buyers, even with low mortgage interest rates. Slowing price increases could be an early indicator of the market coming back into balance, but as long as consumer demand outpaces the number of homes for sale, that low supply vs. high demand relationship should keep actual prices moving up.

Canyon County is experiencing the same slowing price growth. From January 2012 to December 2014, the average monthly, year-over-year median sales price increase was 18.9%, compared to the average for January 2015 to August 2017 of 10.5%. The actual median sales price in Canyon County for August 2017 was not a new record, but it was up 11.0% from August 2016 to $183,000.

Additional information about trends within each county, by price point, by existing and new construction, and by neighborhood, are now available in the August 2017 Market Report. This report includes an explanation of the metrics and notes on data sources and methodology.

Market Report - August 2017_Page_03

Download the latest market snapshot graphics for Ada County and Canyon County:

ADA Snapshot - August 17

CANYON Snapshot - August 17

 

 

 

 

 

 

 

 

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This report is provided by the Ada County Association of REALTORS®, which began doing business as Boise Regional REALTORS® (BRR) in 2016. BRR is the largest local REALTOR® association in Idaho, with over 4,300 members and two wholly-owned subsidiaries — the Intermountain Multiple Listing Service, Inc. (IMLS) and the Boise Regional REALTORS® Foundation. This report is based primarily on the public statistics provided by the IMLS, available at: intermountainmls.com/Statistics/Static.aspx. These statistics are based upon information secured by the agent from the owner or their representative. The accuracy of this information, while deemed reliable, has not been verified and is not guaranteed. These statistics are not intended to represent the total number of properties sold in the counties or cities during the specified time period. The IMLS and BRR provide these statistics for purposes of general market analysis but make no representations as to past or future performance.  || The term “single-family homes” includes detached single-family homes with or without acreage, as classified in the IMLS. These numbers do not include activity for mobile homes, condominiums, townhomes, land, commercial, or multi-family properties (like apartment buildings). If you are a consumer, please contact a REALTOR® to get the most current and accurate information specific to your situation.

REALTORS® Donate $1,000 to Assist Those Affected by Harvey

The BRR Board of Directors donated $1,000 to the REALTORS® Relief Foundation (RRF) to help cover housing-related expenses for those caught in the wake of Hurricane Harvey’s devastation in southern Texas and Louisiana.

The tropical storm brought with it 100 mph winds, historic rainfall, and catastrophic flooding — damaging homes and displacing more than a million people.

“REALTORS® support each other and the communities in which we live and work, here at home and across the country,” said Katrina Wehr, 2017 President of Boise Regional REALTORS® and REALTOR® with Keller Williams Realty Boise.  “We want to do our part to help those who have been uprooted and have endured the unimaginable.”

BRR is joined by the Intermountain Multiple Listing Service and Idaho REALTORS®, as well as individual REALTORS®, in donating to the REALTORS® Relief Foundation. The overhead costs of running the foundation are covered by the National Association of REALTORS®, so 100 percent of donations go directly to victims of disaster. More information about the RRF is available at nar.realtor.

Boise Regional REALTORS® Board of Directors present a $1,000 to the REALTORS® Relief Foundation to assist those affected by Hurricane Harvey. From left to right: Katrina Wehr, President; Phil Mount, Vice President; Carey Farmer, Past President; Danielle Cullip, Treasurer; Gary Salisbury, President-Elect. Photo provided by Boise Regional REALTORS®.

Boise Regional REALTORS® Board of Directors present $1,000 to the REALTORS® Relief Foundation to assist those affected by Hurricane Harvey. From left to right: Katrina Wehr, President; Phil Mount, Vice President; Carey Farmer, Past President; Danielle Cullip, Treasurer; Gary Salisbury, President-Elect. Photo provided by Boise Regional REALTORS®.

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The REALTORS® Relief Foundation (RRF) was established by the National Association of REALTORS® (NAR) in 2001 to provide housing-related assistance to victims of natural or man-made disasters. Since its launch, RRF has raised more than $25 million for victims of disasters, such as wildfires, floods, tornados, and hurricanes. This charitable foundation is dedicated to providing housing-related assistance to victims of disaster.

Boise Regional REALTORS® (or BRR) represents more than 4,300 real estate professionals throughout the Boise region, providing resources to help members conduct their businesses professionally, ethically, and successfully. BRR has two wholly-owned subsidiaries, the Intermountain MLS and the Boise Regional REALTORS® Foundation. Visit boirealtors.com, intermountainmls.com, and boirealtors.com/realtor-foundation/ for more information.

What Your REALTOR®’s Designation Means

Finding the right professional to help you navigate a real estate transaction is smart. At BRR, we always recommend working with a REALTOR®. That term, “REALTOR®,” indicates a real estate licensee who is also a member of the National Association of REALTORS® and has agreed to abide by a strict Code of Ethics.

And within the REALTOR® membership, there are those who have earned additional designations, giving them additional knowledge and resources into various niche markets or pieces of the transaction.

We’ve compiled a list of directories where you can search for a REALTOR® based on these designations:

For Residential Real Estate Services

ABR

Accredited Buyer’s Representative (ABR®) — Find a REALTOR® focused on working directly with buyer-clients at every stage of the home-buying process.

 

 

CRS

Certified Residential Specialist (CRS) — Find a REALTOR® who has completed advanced education around the listing and sale of residential real estate, and who completes a certain number of transactions annually.

 

 

mrpdesc

Military Relocation Professional (MRP) — Find a REALTOR® focused on working with current and former military service members.

 

 

rsps_logo

Resort and Second-Home Property Specialist (RSPS) — Find a REALTORS® who specializes in buying, selling, or management of properties for investment, development, retirement, or second homes in resort, recreational, and/or vacation destinations. (NOTE: Select “Resort & Second-Home Property Specialist” under the Certifications section.)

 

SRS_vctrLGO+txtSeller Representative Specialist (SRS) — Find a REALTOR® focused on working directly with seller-clients.

 

 

SRESSeniors Real Estate Specialist® (SRES®) — Find a REALTOR® focused on meeting the needs of maturing Americans when selling, buying, relocating, or refinancing residential or investment properties.

 

 

For Commercial Real Estate Services

CCIM-220Certified Commercial Investment Member (CCIM) — Real estate professionals who are experts in the commercial and investment real estate industry. CCIMs include brokers, leasing professionals, investment counselors, asset managers, appraisers, corporate real estate executives, property managers, developers, institutional investors, commercial lenders, attorneys, bankers, and other more.

 

CPMCertified Property Managers® (CPM®) — Experts in the management of public housing developments, apartment complexes, homeowners’ associations, manufactured housing parks, mixed use and office buildings, parking garages, single- and multi-family rental housing, student housing, and more.

 

 

SIORSociety of Industrial and Office REALTORS® (SIOR) — Specialists in the industrial and office markets of real estate, with a minimum of three years’ experience and who have completed a certain number of transactions.

 

 

Other Business Specialties

ACLAccredited Land Consultants (ALCs) — REALTORS® who are experts in brokering sales and purchases of land, including investments, tax deferred 1031 exchanges, and more.

 

 

CIPSlogoCertified International Property Specialist (CIPS) — REALTORS® who have undergone specialized training focused on conducting business in the international real estate arena.

 

 

PrintGreen — REALTORS® who have taken advanced education to counsel clients on issues of energy efficiency and sustainability in real estate.

 

 

SFRShort Sales and Foreclosure Resource (SFR®) — REALTORS® who have taken advanced education to help buyers and sellers of distressed properties. (NOTE: Select “Short Sales and Foreclosure Resource” under the Certifications section.)

 

To search for REALTORS® across these designations and more, nationwide or here in the Boise region, visit realtor.com® or the National Association of REALTORS® using their “Find a REALTOR®” tools.

Are you a REALTOR® looking to get on one of these lists? Visit NAR’s Designations and Certifications page for details on the designations listed above. You’ll also find information about other programs that will enhance your business management skills and knowledge of the real estate industry, including: At Home With Diversity® (AHWD®), Certified Real Estate Brokerage Manager (CRB), Certified Real Estate Team Specialist (C-RETS), Counselors of Real Estate (CRE), Graduate REALTOR® Institute (GRI), Performance Management Network (PMN), Pricing Strategy Advisory (PSA), Real Estate Negotiation Expert (RNE), e-PRO®, as well as, the General Accredited Appraiser (GAA) and Residential Accredited Appraiser (RAA).

Ada and Canyon County Housing Inventory Down for 34 Consecutive Months

At Boise Regional REALTORS® (BRR), we feel like we’ve been talking about low inventory for months… and for good reason.

A few weeks ago, Zillow’s Chief Economist Svenja Gudell posted on Twitter: “Inventory down YoY for 25 consecutive months now. We’re just past 2-years into the #inventorycrisis.” While we never like when the term “crisis” is used to describe the housing market, the sentiment reflects the pressure that many home buyers are feeling caused by the low inventory levels, especially for existing homes.

Ada and Canyon County Housing Inventory Down for 34 Consecutive Months Click To Tweet

Gudell’s comments were based on nationwide trends, so what does this look like in the Boise Region?

Based on monthly data, inventory of existing homes in both Ada and Canyon counties has been down year-over-year for 34 consecutive months, starting October 2014. Let’s break this down by inventory (supply) and pending sales (demand)…

Metrics Ada Existing Canyon Existing
Oct-14 Jul-17 % Chg Oct-14 Jul-17 % Chg
Inventory (Supply) 1,702 1,238 -27.3% 886 600 -32.3%
Pending (Demand) 628 1,078 +71.7% 307 537 +76.6%
Months Supply of Inventory 3.2 1.4 -56.3% 3.3 1.5 -54.5%

 

Inventory of existing homes in Ada County was at 1,702 in October 2014 and 1,238 in July 2017, a decrease of 27.3%. In comparison, there were 628 pending sales in October 2014 versus 1,078 in July 2017, an increase of 71.7%. Pending sales are homes under contract that should close within 30-90 days.

Looking at months supply of existing inventory — which takes the number of homes for sale divided by the average number of sales by month — there were 3.2 months in October 2014 in Ada County to 1.4 months in July 2017, a drop of 56.3%. (A balanced market—not favoring buyers or sellers—is typically between 4-6 months supply of inventory.)

In Canyon County, inventory of existing homes was at 886 in October 2014 and 600 in July 2017, a decrease of 32.3%. In comparison, there were 307 pending sales in October 2014 versus 537 in July 2017, an increase of 76.6%. That put months supply of inventory at 3.3 months in October 2014 compared to 1.5 months in June 2017, a drop of 54.5%.

How has the decrease in supply and increase in demand influenced home prices in the Boise Region? The median sales price of existing homes in Ada County increased 34.2% between October 2014 and July 2017, and increased 42.2% in Canyon County during that same period, illustrating BRR’s familiar refrain of how home prices are being driven by demand compared to supply.

Additional information about trends within each county, by price point, by existing and new construction, and by neighborhood, are now available in the July 2017 Market Report. This report includes an explanation of the metrics and notes on data sources and methodology.

Download the latest market snapshot graphics for Ada County and Canyon County:

ADA Snapshot - July 17

CANYON Snapshot - July 17

 

 

 

 

 

 

 

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This report is provided by the Ada County Association of REALTORS®, which began doing business as Boise Regional REALTORS® (BRR) in 2016. BRR is the largest local REALTOR® association in Idaho, with over 4,000 members and two wholly-owned subsidiaries — the Intermountain Multiple Listing Service, Inc. (IMLS) and the Boise Regional REALTORS® Foundation. This report is based primarily on the public statistics provided by the IMLS, available at: intermountainmls.com/Statistics/Static.aspx. These statistics are based upon information secured by the agent from the owner or their representative. The accuracy of this information, while deemed reliable, has not been verified and is not guaranteed. These statistics are not intended to represent the total number of properties sold in the counties or cities during the specified time period. The IMLS and BRR provide these statistics for purposes of general market analysis but make no representations as to past or future performance.  || The term “single-family homes” includes detached single-family homes with or without acreage, as classified in the IMLS. These numbers do not include activity for mobile homes, condominiums, townhomes, land, commercial, or multi-family properties (like apartment buildings). If you are a consumer, please contact a REALTOR® to get the most current and accurate information specific to your situation.

REALTORS® > Tech

REALTORS greater than Tech slider

Adapted from BRR’s weekly “Broker Bulletin” email series.

Did you catch the Inman article, “3 things real estate agents will always do better than tech disruptors,” written by Anthony Hitt, CEO for Engel & Völkers Americas? If not, I wanted to bring it to your attention.

The key takeaway was this: “Agents who embrace technology as a way to enhance their existing skill sets, understand how to pivot and hone their ability to deliver a superior experience to their customers will be around for a very long time.”

I want to emphasize the idea of using technology to enhance your services.

It’s very easy to see technology as a threat to our industry, but I would argue that’s it’s a threat to (or change agent for) certain tasks of the transaction (search, transaction management, etc.) and to agents who are unable or unwilling to do what Mr. Hitt suggests: pivot and hone their services.

Here are the three areas he says where REALTORS® are greater than tech:

  1. Offering a personalized white glove experience — Great agents know how to create a personalized experience for each of their clients throughout the sales process, which a website or device simply cannot offer.
  1. Understanding the emotional impact — A good agent understands the emotional elements of this process for the buyers and sellers and doesn’t treat it as a simple, formulaic transaction.
  1. Guiding buyers and sellers — Technology can use certain algorithms, follow strict parameters and return search results, but it doesn’t understand why those parameters were given, offer feedback based on experience or market knowledge, or alter search criteria.

While I don’t think you would disagree with any of these things, we never talk about them. We don’t weave these ideas into our business philosophies and practices and review them on a regular basis. Instead, we talk about “how to get more agents using the new technology we implemented,” or “how to get more listings in your pipeline.” Those things are important, but we have to get back why we’re doing what we’re doing (shout out to Simon Sinek’s TED Talk), knowing the value we bring to the transaction, and then tell that story in our marketing, through our interactions with clients, etc. — while also delivering the results.

I don’t disagree that new products and services from tech companies can feel threatening when they’re first launched (and I’m not looking at any one company in particular, nor is this meant to start a debate about any of them). And I’m certainly not going to pretend that changing technology will not affect our business or impact customer preferences and expectations. Especially when there are literally hundreds (thousands?) of tech companies out there looking to change the way real estate is experienced by consumers.

These companies are spending millions and millions of dollars to figure out how to make buying or selling a home more efficient, more streamlined, more, whatever.

But you already do that.

So, use technology to help you do it better, and keep focused on serving clients before, during, and most importantly, after the transaction. You are closer to the consumer experience than any tech company, and you can see desires change and shift in real-time. Meaning, you can more quickly pivot and hone your services than any tech company ever could.

Boise Regional REALTORS® Paint Five Boise Homes

Local real estate professionals volunteered their time and resources by participating in this year’s Neighborworks® Paint the Town™, painting the homes of deserving residents who are unable to do it themselves. If you’ve ever painted a house, you know that this isn’t an easy task. Teams schedule working times with homeowners, perform hours of prep, painting and clean up. BRR teams often go above and beyond, trimming bushes and trees, and making repairs to the home prior to painting. One homeowner commented, “This is a better paint job than if we’d hired someone to do it!”

This year, BRR had five teams participate: Lysi Bishop Real Estate and Keller Williams Realty Boise painted house #1; The Independent Broker’s Council painted house #2; Coldwell Banker Tomlinson Group painted house #3; AAD Inspection and Silvercreek Realty Group painted house #4; and BRR Young Professionals Network, Silverhawk Realty, and Templeton Real Estate painted house #5.

BRR Foundation has donated nearly $100,000 as a sponsor of Paint the Town™ since the foundation’s inception in 1995. Sponsorship funds help cover the cost of paint and materials for the event. The REALTOR® Outreach Committee (ROC), the working arm of the BRR Foundation, helps recruit volunteer teams and match teams with homeowners. If you’re interested in getting involved with ROC, BRR is currently accepting applications for 2018 committees. If you’d like to volunteer for next year’s Paint the Town™, we will share details on how to sign up in early spring 2018.

Thank you to our volunteers, and to everyone who supports the BRR Foundation. Your efforts reflect the fact that REALTOR® and affiliate members are committed to giving back to our community.

2017 Paint the Town Photo Gallery

Boise Regional REALTORS® Young Professionals Network (BRR YPN), Silverhawk Realty, and Templeton Real Estate teamed up to form one of the five teams participating in Paint the Town with Boise Regional REALTORS®. Volunteers pose with homeowners in front to nearly finished paint job.

Boise Regional REALTORS® Young Professionals Network (BRR YPN), Silverhawk Realty, and Templeton Real Estate teamed up to form one of the five teams participating in Paint the Town with Boise Regional REALTORS®. Volunteers pose with homeowners in front of the nearly finished paint job.

Coldwell Banker Tomlinson Group

Coldwell Banker Tomlinson Group was one of the five teams participating in Paint the Town with Boise Regional REALTORS®. Painters busy at work on Saturday, June 10, 2017.

Independent Brokers Council

The Independent Broker’s Council was one of the five teams participating in Paint the Town with Boise Regional REALTORS®. Volunteers in front of the house in progress.

Lysi Bishop KW with homeowners

Lysi Bishop Real Estate and Keller Williams Realty Boise House teamed up to form one of the five teams participating in Paint the Town with Boise Regional REALTORS®. Lysi Bishop Real Estate and Keller Williams Realty Boise volunteers gathered around the homeowners (centered) in front of the newly painted house.

AAD Inspection Silvercreek Realty Group

AAD Inspection and Silvercreek Realty Group teamed up to form one of the five teams participating in Paint the Town with Boise Regional REALTORS®. Volunteers putting the finishing touches on the freshly painted home.

Letter to the Editor: REALTOR® Ethics

The following letter was submitted to the Idaho Statesman on Monday, May 1, 2017.

The April 19th “Business Insider” contained a piece in which the author claims a friend told him about a real estate instructor teaching agents to “sneak” items into contracts presumably to benefit the agent.

As leaders of the largest REALTOR® associations in Idaho, we were disappointed to see an unsourced anecdote in the Statesman. This is not representative of what agents are taught, or of real estate professionals overall.

REALTORS® are guided by a Code of Ethics focused on fair dealings with clients, the public, and fellow agents. The overwhelming majority of consumers were happy with their REALTOR®, as cited in one example from the National Association of REALTORS® research: 80% of sellers surveyed would use their agent again or recommend them to others.*

Should a consumer feel something unethical occurred during a transaction, our associations can help. Consumers may file a complaint against a member of Idaho REALTORS® at idahorealtors.com or 800-621-7553. If the agent is not a REALTOR®, contact the Idaho Real Estate Commission at 208-334-3285 or realestatecommission.idaho.gov.

We are proud of the work done by our members and remind consumers a REALTOR® is their best advocate when buying or selling real estate.

— Breanna Vanstrom, CEO, Boise Regional REALTORS® and Isaac Chavez, CEO, Idaho REALTORS®

 

* “First-time Buyers, Single Women Gain Traction in NAR’s 2016 Buyer and Seller Survey,” from the National Association of REALTORS®; www.nar.realtor/news-releases/2016/10/first-time-buyers-single-women-gain-traction-in-nar-s-2016-buyer-and-seller-survey; published October 31, 2016.

April is Fair Housing Month

Every year in April, REALTORS® recognize the significance of the Fair Housing Act and reconfirm our commitment to upholding fair housing laws, and offering equal professional service to all in their search for property. Though we may focus on Fair Housing in April, it’s an important issue that deserves our attention all year long.  Do you have questions about the Fair Housing Act? Do you know how to stay in compliance with federal laws? Here are some links to Fair Housing resources.

fair-housing-poster-2017

Spring Hits Ada and Canyon County Housing Markets

As expected, warmer weather brought more buyers out in February, pushing pending sales in Ada County 25.7% higher than the previous month, with 1,303 homes going under contract. Though pending sales were up month-over-month, they were 5.5% lower in February 2017 than in February 2016 because there were fewer homes available to purchase. Speaking of inventory, it was down 16.1% in Ada County from February 2016.

But there was a bright spot on the inventory front — the number of homes for sale was up 4.1% in February 2017 over January 2017. More encouraging, this increase was caused by more existing homes coming online, up 14.0% month-over-month.

The story was similar in Canyon County, where pending sales were 30.8% higher in February 2017 versus January 2017, representing 565 homes under contract. Overall inventory was down 11.5% year-over-year, but the number of existing homes for sale was up 3.0% from January.

This uptick in spring inventory seems to be happening a month sooner than is typical, which should be welcome news to buyers. Through member feedback, we’re hearing that sellers are encouraged by the buyer traffic they’re seeing and the increase in prices.

As shared in previous reports, the area overall median sales price (existing and new construction combined) has been pushed up by the limited supply compared to buyer demand. February 2017 hit a new high median sales price in Ada County of $256,600, led by gains in new construction prices. Canyon County was just $250 shy of reaching its previous median sales price market peak, also due to new construction prices.

A recent report based on data from the Federal Housing Finance Agency (FHFA) actually notes that the Boise metro area has joined cities such as Denver, San Francisco, Nashville, and others, as being “fully recovered” from the recession as prices have surpassed previous market peaks. NAR’s Chief Economist Lawrence Yun also referred to Boise in an interview, reinforcing our market’s likelihood to see continued price appreciation.

While not as strong as new housing, the median sales price for existing homes also rose. In Ada County, the February 2017 median sales price for existing homes was at $220,900, nearly even with January 2017 but up 3.8% from February 2016. Canyon County’s median sales price for existing homes was $157,200 in February 2017, up 6.9% from February 2016 and up 3.4% over January 2017.

Additional information about trends within each county, by price point, by existing and new construction, and by neighborhood, are now available in the February 2017 Market Report. This report includes an explanation of the metrics and notes on data sources and methodology.

Download the latest market snapshot graphics for Ada County and Canyon County:

ADA Snapshot - Feb 17CANYON Snapshot - Feb 17

 

 

 

 

 

 

 

 

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This report is provided by the Ada County Association of REALTORS®, which began doing business as Boise Regional REALTORS® (BRR) in 2016. BRR is the largest local REALTOR® association in Idaho, with over 4,000 members and two wholly-owned subsidiaries — the Intermountain Multiple Listing Service, Inc. (IMLS) and the Boise Regional REALTORS® Foundation. This report is based primarily on the public statistics provided by the IMLS, available at: intermountainmls.com/Statistics/Static.aspx. These statistics are based upon information secured by the agent from the owner or their representative. The accuracy of this information, while deemed reliable, has not been verified and is not guaranteed. These statistics are not intended to represent the total number of properties sold in the counties or cities during the specified time period. The IMLS and BRR provide these statistics for purposes of general market analysis but make no representations as to past or future performance.  || The term “single-family homes” includes detached single-family homes with or without acreage, as classified in the IMLS. These numbers do not include activity for mobile homes, condominiums, townhomes, land, commercial, or multi-family properties (like apartment buildings). If you are a consumer, please contact a REALTOR® to get the most current and accurate information specific to your situation.

BRR Advocacy Update | February 2017

Advocacy Update Slider - Feb 2017

BRR Endorses Ada County School Bond/Levy Efforts

Three school districts within Ada County have bonds and/or levies they are putting before voters on March 14th. Among these endorsements are Kuna School District’s $40 million bond measure and $2.5 million supplemental levy; West Ada School District’s $160 million plant facility levy; and Boise School District’s $172.5 million bond initiative.

All of these bonds/levies will help address the rapid growth our region has experienced, ensuring our children have access to safe and modern schools. We encourage all of our members who live in these respective school districts to vote YES on March 14th. Learn more about early and absentee voting, as well as more info on these bonds and levies here.

Widen Chinden Boulevard?

The Idaho Transportation Department (ITD) is proposing some big changes to Chinden Blvd., with the possibility of investing up to $350 million in order to add more lanes and modernize intersections. If you are interested in learning more, consider attending their next open house event:

  • Thursday, March 9th, 4:00-7:00 pm at Thomas Jefferson Charter School, 1209 Adam Smith Ave., Caldwell.

The Idaho Statesman has more information about the proposal which you can learn about here.

59 Minute Meeting Success!

Thanks to the many REALTORS® who joined us for our first 59 Minute Meeting of 2017, held on February 21st at BRR. We heard from our special guests Wendy Johnson (Superintendent of the Kuna School District), Eric Exline (Chief Communication Officer for West Ada School District), and Dr. Don Coberly (Superintendent of the Boise School District). It was a great opportunity to learn more about what is going on in their school districts, as well as how the upcoming bonds and levies will help address school needs in our rapidly expanding communities. Stay tuned for information on our next 59 Minute Meeting, to be held Tuesday, May 23rd at BRR.

RPAC Lounge is returning to our REALTOR® Awards Gala

We are pleased to announce that RPAC will once again be hosting an exclusive lounge area for RPAC investors at our upcoming Gala on Friday, March 10th. For more details on this exclusive VIP lounge experience, please contact Soren Dorius at soren@boirealtors.com or call (208) 947-7237.