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From Our Lending Partners at Idaho Central Credit Union

June 17th, 2021 by Coldwell Banker Tomlinson

Good Hospitality Job Gains Fuel Hope in Promising Mortgage Market

Last week's labor report illustrated good hospitality job gains after a rough 2020. Overall, this continues to fuel hope in what's quickly becoming a promising mortgage market.

However, the job gains fell in line with current expectations. As a result, mortgage rates ended the week nearly unchanged.

Good Hospitality Job Gains

In May, the economy gained 559,000 jobs. Thus, May's job gains fell a little below the consensus forecast of 650,000.

Not only were there good hospitality job gains, the leisure sector realized economic strength as well. Aga...

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Categories: News

Tags: Boise, ID, Area Information, Coldwell Banker Tomlinson, New to Boise, For sellers, For Buyers, Caldwell, Eagle, Emmett ID, Garden Valley ID, Grand View ID, Kuna ID, Meridian ID, Middleton ID, Mountain Home ID, Nampa ID, Payette ID, Star ID, Local Shops

Related Markets: Boise, Caldwell, Eagle, Emmett, Garden Valley, Grand View, Kuna, Meridian, Middleton, Mountain Home, Nampa, Payette, Star

June
14

Ada County's Median Sales Price Sets Record

June 14th, 2021 by Coldwell Banker Tomlinson

Ada County Median Home Prices Exceed $500,000

By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS^®

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Categories: News

Tags: Boise, ID, Area Information, Coldwell Banker Tomlinson, Moving Tips, New to Boise, For sellers, Remodeling, For Buyers, Caldwell, Eagle, Emmett ID, Garden Valley ID, Grand View ID, Kuna ID, Meridian ID, Middleton ID, Mountain Home ID, Nampa ID, Payette ID, Star ID

Related Markets: Boise, Caldwell, Eagle, Emmett, Garden Valley, Grand View, Kuna, Meridian, Middleton, Mountain Home, Nampa, Payette, Star

May
13

Housing Market Pace and Prices Pick Up in April

May 13th, 2021 by Coldwell Banker Tomlinson

Our Area's Insufficient Supply of Homes Continues to Affect the Market Pace and Home Prices

By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS^®

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Categories: News

Related Markets: Boise, Caldwell, Eagle, Emmett, Garden Valley, Grand View, Kuna, Meridian, Middleton, Mountain Home, Nampa, Payette, Star

May
11

From Our Lending Partners at Idaho Central Credit Union

May 11th, 2021 by Coldwell Banker Tomlinson

Job Gains See a Startling Plummet Lowering Mortgage Rates

This past week marked disappointment in the labor market as job gains see a startling plummet. The major economic data accompanied by Friday's labor market report fell well below analyst expectations. As a result, mortgage rates ended the week lower.

Why Did We See Such a Shortfall in Job Gains?

The monthly employment report was highly anticipated. Without a doubt, the report saw an enormous miss, but the reason why is far less clear. In April, job gains saw a surprising downturn when the economy gained just 266,000 jobs. Thus, job gains notched far below the consensus...

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Categories: News

Tags: Boise, ID, Coldwell Banker Tomlinson, For sellers, For Buyers, Caldwell, Eagle, Emmett ID, Garden Valley ID, Grand View ID, Kuna ID, Meridian ID, Middleton ID, Mountain Home ID, Nampa ID, Payette ID, Star ID

Related Markets: Boise, Caldwell, Eagle, Emmett, Garden Valley, Grand View, Kuna, Meridian, Middleton, Mountain Home, Nampa, Payette, Star

April
19

How the Service Sector Growth Fuels the Expanding Economy

April 19th, 2021 by Coldwell Banker Tomlinson

This week's story focused on how the service sector growth fuels the expanding economy. Across the board, the United States realized market growth and increasing inflation. Despite the strong data, mortgage rates ended the week slightly lower.

Service Sector Growth Affects Mortgage Rates

The most significant economic report this week exceeded expectations by a considerable amount. The ISM national services index jumped from 55 to 64. This result is far above the consensus forecast of 59. It is also the highest ISM national services index level ever recorded.

The service sector accounts for more than 75% of the United States' economic activity....

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Categories: News