This week, Freddie Macs' weekly report on owner- occupied average mortgage interest rates fell to 6.01%, the lowest level since September of 2022. After local home prices dropped over the winter, homes have not been this affordable in years and your buying power has increased. If you want to …

After years of extremely low inventory in the Treasure Valley, the market is slowly trending toward normal. 

These are all active homes for sale, both new and existing, on the first of each month since Covid in the spring of 2020, when demand surged and inventory cratered. Mortgage interest …

I just got the numbers and I am a bit surprised with interest rates recently dropping to 3-year lows!

It wasn't a snowy winter. Must be people distracted over the holidays and waiting for lower rates. Ada County's median home price fell another 3% during the fourth quarter …

Hot weather brings what I call the summer doldrums in real estate. Home sales typically slow after the spring rush in the Treasure Valley and this year is no exception. The rush was again somewhat muted this year, but home prices did rise in the second quarter, as usual.  …

Numbers are in for the first quarter. Ada County's median existing home price of $529,900 increased only slightly (8/10ths of a percent) during Q1. Year over year, the Ada County median is up 9.53% from the previous first quarter. Note the big jumps in last three …

Looking back on the fourth quarter of 2024; the election, stubborn inflation and mortgage rates rising from 6 to 7%, it's no surprise that real estate activity was very low in SW Idaho. However, on a year-over-year basis home prices are still trending upward since the last major event- …

I've seen some recent national news stories about prices falling and inventory rising, but don't forget all real estate markets are local. Here in Idaho that is not the case. Supply based on the pace of sales is holding at 1.5 months- still very low compared to …

Here's an update on the latest quarterly existing home prices report from the Intermountain Regional MLS for the Boise Metro area. Fluctuating mortgage interest rates and continued tight housing supply have played large roles in driving the Treasure Valley housing markets.

Ada County's median existing home price …

Goodbye 2023! Can't say I'll miss you. It was a slow year for home sales with spiking mortgage rates pricing buyers out and discouraging sellers from moving. But I am optimistic that 2024 will be better with easing rates and increased inventory.

Looking back on the fourth quarter …

Idaho experienced a growth rate of 15% in household median income in the 2018-2022 American Community Survey by the Census Bureau, compared to the previous 2013-2017 survey. As a percentage of increase, this was highest in the nation ahead of California (14.3%), Oregon & Washington (14%) and Arizona (13 …