Ada County Inventory of Homes for Sale Near Historic Low
The low inventory of homes for sale in Ada County has driven home prices for months now. In November 2016, there were only 1,730 homes for sale in Ada County,…
Boise Housing Market Remains Strong, Unaffected By Elections
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. This year is no exception. Year-over-year…
Home Prices Remain Strong Due to Buyer Demand and Low Inventory
Fall is typically the time of year when our local real estate market slows down when comparing activity month-to-month. The weather cools down, people head back to school, and holiday…
Could September Be the Best Time of Year to Buy a Home?
A year ago, we looked at the question posed by REALTOR.com about whether or not September was the perfect month to buy a home. That article looked at national trends,…
Home Sales Remain Strong in Ada and Canyon Counties Due to High Demand and Low Interest Rates
Ada County home prices were down in July compared to June, per annual seasonal trends, but consumer demand remains high. Inventory of existing homes increased compared to last month, but…
Ada County Home Prices Reach Record High in June but Historically Low Mortgage Rates Keep Affordability in Check
New record high for Ada County home prices driven by consumer demand and population growth, not the market speculation seen a decade ago. Last month’s drop in the median new…
2016 Mid-Year Housing Summit Recap
Did you miss BRR’s 2016 Mid-Year Housing Summit? Did you attend and loved what you heard? Here’s a recap of the event, with links to the presentations… Jenny Hemly, Business Attraction…
Strong Spring Market Encourages More Ada County Home Sellers
Ada County home prices are typically the highest in June, July, and August each year, based on monthly averages going back to 2004. Homes that sell in these months typically…
Home Prices Near Peak but Inventory Mix Makes This Market Different
In April 2016, home sales and prices were up, while inventory and market times were down. These have been the trends for the past few months, and as such, we’ve…
Pending Home Sales Up Nationally and in Boise Region
National pending home sales, for existing/resale properties, climbed 1.4 percent in March compared to February, and is 1.4 percent above March 2015, according to NAR. Their report notes that the…
