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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.
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When the City of Boise began the once-in-a-generation massive effort to recraft its zoning code, officials knew that some fresh ideas for public outreach were key.
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The development standards seek to increase density in certain districts and to prevent the loss of housing units when buildings are torn down and re-constructed.
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A new data set from the U.S. Census Bureau sheds light on how the pandemic affected health insurance, housing and work commutes across the country, and some of the shifts have been especially pronounced in the Mountain West.
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National unemployment rates continue to go down, but county job numbers in the Mountain West are extremely mixed. For example, Idaho was the only state where every county had an increase in jobs between July 2019 and July 2022. And Nevada was one of very few where every county reported job losses.
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Boise housing support nonprofit Jesse Tree projects total eviction filings in the Treasure Valley this year could reach four figures - that would be about an 18% increase from last year. In 2021, 479 property managers filed for 819 evictions last year - about a 9% increase from 2020.
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Boise is having a moment: Redoing its zoning, not project-by-project, but weaving a brand new fabricBoise, like most American cities, has been trying to design a community, project-by-project, for quite some time. But that was then.
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As populations grow and housing options shrink, one author looks at how density is changing in cities like Boise.
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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.”
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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.