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February
16
16
Economic News from Our Lending Partners at Idaho Central Credit Union
Last Week's Labor Report Shows a Mixed Employment Picture
Overview: Over the past week, news about the pandemic, government stimulus proposals, the labor market, and inflation caused some daily volatility for mortgage markets. The net effect of these influences was minor, however, and rates ended the week with little change.
Friday's key labor market report contained mixed news, but it is clear that the pandemic has slowed the pace of hiring in recent months. In January, the economy gained 49,000 jobs, which was very close to expectations. However, revisions subtracted 159,000 jobs from the results for prior months. The unemployment...
February
15
15
Our Fast-Paced Housing Market Continues in 2021
Insufficient Inventory and Low Mortgage Rates Continue
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
January
27
27
Coldwell Banker Real Estate Recognized by the Women's Choice Award
Women's Choice Award® recipients have earned the 2021 award for being recommended by 9 out of 10 customers.
by Athena Snow, Coldwell Banker Blue Matter
MADISON, N.J. (January 25, 2021) – In a national survey conducted by the Women's Choice Award, over 85% of the Coldwell Banker Real Estate LLC's female customers who have had experience with the brand say they would recommend Coldwell Banker Real Estate to their friends and family. For the fourth year in a row, The...
January
13
13
Ada County Real Estate in 2020 - An Overview
2020 Ada County Real Estate Market Outpaced Previous Years Despite COVID-19
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
January
12
12
Housing News from Our Lending Partners at Idaho Central Credit Union
Housing Ends the Year Strong
Overview: As usual, trading volume was considerably reduced during the last couple of weeks of the year. The market reaction to the economic news was minor, and mortgage rates remained near-record-low levels.
The remarkable rebound in the housing market has continued. In November, existing-home sales, which account for roughly 90% of the market, were 26% higher than a year ago and near the best levels since 2006. The median existing-home price was 15% higher than a year ago, also close to record levels. The one drawback was that inventory levels were down 22% from a year ago. The number of homes for sale w...
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