Monthly Archives: June 2015

New Home Sales Climb To 7 Year High

Sales of newly built, single-family homes rose 2.2 percent to a seasonally adjusted annual rate of 546,000 units in May, according to newly released data from HUD and the U.S. Census Bureau. This is the highest new-home sales rate since February 2008. “Our builders are seeing motivated buyers and the release of pent-up housing demand,” […]

Posted in FAQs, New Construction | Leave a comment

May 2015 Ada County Snapshot

They say a picture is worth a thousand words…..  

Posted in FAQs, General Information | Leave a comment

Share of Homes with Negative Equity Declined to 10.2% in First Quarter 2015

As home prices have progressively increased throughout the housing market recovery, more and more mortgaged residential homes are finally gaining enough equity to pull them out of the negative equity status. (Negative equity means that a mortgage borrower owes more money on the home than the property is worth.) In the first quarter 2015, 240,000 […]

Posted in FAQs, General Information | Leave a comment