Mortgage rates are forecasted to gradually decline from around 6.7% in August to approximately 6.3%-6.5% by December 2025. Leading experts like NAR and Fannie Mae predict rates will stay steady in the mid-6% range with no major drops below 6%. The gradual easing is driven by expected Federal Reserve policy shifts, cooling inflation, and a … Continued
Mortgage rates are expected to gradually ease over the coming years, though a return to 4% remains a longer-term possibility. Past 4% levels were achieved during periods of strong monetary support, showing rates can fall when economic conditions shift significantly. A move back toward 4% would likely require softer growth, lower inflation, and more accommodative … Continued
Indigenous Peoples’ Day celebrates, recognizes, and honors the beautiful traditions and cultures of the Indigenous People We take a stand for and support the indigenous people on this day. We should also offer our support to those who invest and uplift the indigenous communities.
Renter households are growing fast — 2.5% vs. 0.8% owner growth this year. Single-family starts expected ↓ 3.0% in 2025, ↓ 0.5% in 2026, then rebound in 2027. Multifamily housing is booming — up 6% in 2025 as buyers shift to renting. Inventory of unsold new homes nearly 4× higher since 2022 — builders feel … Continued
The Inflation Reduction Act of 2022 offers up to $8,000 in federal and state rebates for energy-efficient home improvements, covering 30% of qualifying expenses. Key credits include 30% for solar, wind, and battery storage until 2025, and rebates for heat pumps, insulation, and new windows. Heat pumps can save up to $1,247 annually, while solar … Continued
The Federal Reserve cut its key interest rate, causing mortgage rates to drop to around 6.26%, with potential for further decreases. However, home prices in Ada, Canyon, and Twin Falls Counties have risen by 3-6%, offsetting mortgage savings and keeping monthly payments steady. Strong labor markets, like Idaho's low unemployment, sustain high demand and home … Continued
Mortgage rates high but steady – Currently around 6.7–6.9% and expected to ease slightly by year-end, giving buyers more stability when planning purchases. Inventory rising, prices cooling – Supply has grown to its highest post-pandemic level, offering buyers more choices and slowing home price growth significantly. Homeownership costs increasing – Property taxes and insurance premiums … Continued
Federal Reserve minutes revealed rising concern over housing, noting weak demand, increased listings, and falling prices as a potential economic risk. Policymakers linked housing slowdown to broader threats, including weaker consumption growth, tariffs, labor challenges, and risks from artificial intelligence impacting employment. Housing market data showed subdued activity: flat sales, modest price declines, and weak … Continued
Recent research from CoreLogic shows that mom-and-pop landlords, owning three to ten properties, significantly impact the U.S. real estate market. In Q3 2024, investor activity increased by 2%, with their share of home sales at 25%. Despite a decline in purchases from previous years, they favor lower-priced homes, increasing competition for affordable housing. Dallas and … Continued
Idaho, one of the nation’s fastest-growing states, could see avg home prices reach $628K by 2030. Lifestyle appeal and rapid population growth, particularly in Boise, continue to drive demand.