Parma
Real Estate
Growing Idaho: Mortgage rates not helping housing crisis
BOISE, Idaho — Mortgage rates are spiking again. A few weeks ago, we told you mortgage rates certainly wouldn't go down, because the Federal Reserve was keeping its key interest where it was, to try to slow down inflation. The latest numbers show inflation not slowing down, but actually heading in the wrong direction, which means rates are also not dropping. Instead, they’re spiking.
Idaho property rights: How they work and what's protected
Property owners’ rights have been a big topic in the Treasure Valley as developers propose projects near people’s homes and some of those projects — like Avimor — get annexed into existing cities — like Eagle. In the Avimor case, a group of Eagle residents challenged the Avimor annexation, claiming resulting higher property taxes and decline in the quality of services violated their property rights. It’s a case that showcases...
The $418M Realtors settlement and its effect on Treasure Valley housing market
The National Association of Realtors reached a settlement last month that, if approved by a judge, will eliminate the standard 6% commission Realtors have been awarded upon closing home sales, according to the Associated Press. Under the proposed settlement, the National Association of Realtors agreed to pay $418 million to compensate homeowners and to resolve multiple lawsuits that alleged that the group’s rules propped up agent commissions, the Associated Press reported. ...
Growing Idaho: Will the local real estate market finally heat up this spring?
BOISE, Idaho — As Spring begins and the temperature heats up, lots of folks are hoping the real estate market heats up too. That can be the norm this time of year, but the first step is falling mortgage rates. Nationwide, mortgage demand is on the rise, thanks to...
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