Housing Market

Buying a home is a big decision, so if you're thinking about taking the plunge in 2025, there are a few things you'll want to keep in mind!

Idaho is the second-least affordable housing market in the country, according to recent data from the National Association of Realtors.

NeighborWorks Boise is a local nonprofit that helps people find affordable housing. They created a program called HomeShare Hub last fall, a possible solution to the local housing crisis. It pairs less traditional landlords like empty nesters and seniors who may need a hand around the house with renters like seasonal workers and traveling nurses.

More and more people are visiting and moving to cities and towns around the Mountain West, drawn by access to public lands and other natural amenities. That brings economic growth – and also growing pains. A new report aims to help communities address the challenges.

Resort towns across the west saw record-breaking real estate prices last year. Housing has always been hard to come by in the region, but new data shows the problem is getting worse.

Just when we thought the cost of housing was dropping - home prices in Ada County increased once again.

Home prices increased significantly during the pandemic, and markets in the Mountain West saw some of the country's biggest hikes. But now, some cities in the region might see those prices come back to earth.

In the Mountain West, more than a fifth of homeowners with a mortgage spend at least 35% of their monthly income on housing. Nearly 40% of renters region-wide spend more than a third of their income on rent.

With Boise in the throes of a broad rewrite of its zoning code, Max Holleran, author of “Yes to the City: Millennials and the Fight for Affordable Housing,” says, “I think I could write a whole other book of cities that have just exploded in their populations and the desire for more housing - places that are beautiful and have a lot of natural assets, like Boise.”

A new report reveals the U.S. cities with the highest rates of home sellers dropping their asking prices, and many of those markets are in the Mountain West.