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…
U.S. New Home Sales Down in March but Remained Strong in Boise Region
“Sales of new single-family houses in March 2016 were at a seasonally adjusted annual rate (SAAR) of 511,000,” according to a report from the U.S. Census Bureau and the Department of…
NAR Reports Existing Home Sales Spring Ahead in March
Existing home sales across the U.S. bounced back in March, up 5.1% from February, and remained slightly up from a year ago, by 1.5%. The “bounce back” was a reference…
Strong Spring Housing Market Doesn’t Mean Sellers Can Overprice
Tight inventory continued to push home prices up in March 2016, and sales remained strong. In March 2016, the median sales price of all single-family homes in Ada County, as…
Pending Sales Indicate Strong Spring Market for U.S. and Boise Region
The National Association of REALTORS® (NAR) reported today that national pending sales (newly signed contracts) for existing homes reached a 7-month high in February 2016, up 3.5% SAAR compared to January…
NAR Says U.S. Existing Home Sales Fizzled in February but Boise Region Sales Remained Strong
NAR Says U.S. Existing Home Sales Fizzled in February but Boise Region Sales Remained Strong Key Takeaways: Sales of existing homes were up in Ada County 19.5% and up…
February 2016 Inventory Near Records Lows
Low inventory was the recurring theme in market reports from Boise Regional REALTORS® (BRR) last year, but recently a new milestone was reached in 2016. As of January 2016, there…
New Market Reports Show Strong Start for Housing in 2016
Boise Regional REALTORS® (BRR) is kicking off the year with new market reports that provide a more detailed view of the region’s housing market. Starting with January 2016 data, we…