Housing Market

Boise’s Housing Bust Leaves Unlikely Victims In A Neighborhood That Saw The Worst

Molly Messick — Wed, 13 Feb 2013 16:48:28 +0000

Homeowners, credit intact, still making their monthly mortgage payments. They’re not who we think of first when we think of the damage brought on by the housing crisis. But in a sprawling, master-planned southwest Boise subdivision called Charter Pointe, they’re a group that has struggled.

How Traditional Japanese Homebuilding Reversed The Fortunes Of One Idaho Sawmill

Molly Messick — Wed, 08 Aug 2012 15:16:54 +0000

Before the recession hit, the sawmill in the North Idaho town of Laclede was known for its reliability. It had never seen a shutdown, not in Steve Spletstoser’s nearly 30 years of working there. Then came 2008.

It was really eye-opening to see,” Spletstoser says. “Your livelihood is hanging in the balance.” Day after day, the mill cut lumber, and day after day it piled up. Very little left the lot.

Idaho Housing Market Shows Steady Improvement

Molly Messick — Thu, 12 Jul 2012 16:41:19 +0000

RealtyTrac’s midyear foreclosure report gives emphasis to the mantra we’ve been hearing all year about Idaho’s housing market: it’s improving.

Mountain West Recovery Outpaces Nation’s, Brookings Says

Molly Messick — Thu, 05 Jul 2012 23:34:40 +0000

Boise home values have improved by nearly five percent from their post-recession low. That’s enough of an increase that a recent Brookings Institution report ranks the city first for its house price recovery. StateImpact reported that finding early this week.

Investors And New Homebuyers Square Off In Boise’s Fierce Housing Market

Molly Messick — Wed, 06 Jun 2012 23:59:32 +0000

There’s something unusual happening in Boise. While national figures show that the housing recovery is slow, at best, Boise is one of a few U.S. cities that have seen a fast run-up in demand, and prices. Continue reading...

Why Being Called A ‘Boomtown’ Isn’t Good For Boise

Emilie Ritter Saunders — Mon, 04 Jun 2012 19:57:49 +0000

Boise’s local NBC affiliate, KTVB, reported on a handful of recent rankings that put Idaho’s biggest city among those whose housing markets are making a come-back. The TV station (and one of the recent rankings) use the term “boomtown” to describe what’s going on with Boise real es

Little By Little, Idaho's Hard-Hit Housing Market Begins To Revive

Molly Messick — Thu, 12 Apr 2012 12:30:00 +0000

Idaho was hit hard in the housing crash. For the better part of three years, the state’s foreclosure rate was one of the highest in the nation. The Boise area saw the worst of it. That means it’s been a while since this scene played out with any kind of regularity.

Lynne Smith pushes open the door of the home she’ll move into in just a couple of weeks. "This is it!" she says. "It’s just nice to come in and look around and say, 'Oh, this is going to be my house!'"