TrustIdaho.com Featured Stories

Canyon County defaults rise 70 percent in January

Canyon County’s home defaults had dropped off in the last few months of 2009, but they came back with a vengeance in the first month of 2010. The county’s foreclosures hit a high in January, rising from 214 filed in December to 365 filed in January for a total increase of 70.5 percent, according to IdahoDataProviders.com. “What this all means... [Read more of this review]

Recent months cast cloud over post-tax-credit housing market outlook

Home sales around the nation dropped 17 percent in December – with existing homes showing the largest monthly drop in 40 years – but that’s nothing compared to what happened in the Treasure Valley. The number of homes sold in Ada and Canyon counties fell 31.6 percent (from 832 to 569) between November and December 2009, according to numbers from... [Read more of this review]

Meridian’s Portico mixed-use development marks milestone

Over the last 18 months, the mixed-use development in Meridian called Portico has leased 265,000 square feet of commercial space. That’s about 80 percent of the 327,849-square-foot project at the Eagle Road exit off I-84. In a commercial real estate market as tough as it is today, development company Gardner Ahlquist has decided the achievement is... [Read more of this review]

The New Normal?

The crisis that almost collapsed the financial system, the markets and the economy was a once-in-a-lifetime event for most of us. The effect was not only monetary, but psychological. Shifts in attitudes about money, financial independence, retirement, leverage and consumption may leave their marks for years to come. Many people have seen the values... [Read more of this review]

Lawmaker hopes to spark job creation with private loan fund for startups

A Boise lawmaker is calling for the state to set up a private fund that could make loans of up to $35,000 to startup companies and other growing businesses in Idaho, a move that he says could trigger some badly needed job growth. Rep. Branden Durst, D-Boise, has been drawing up a bill that would create an independent corporation called the Micro Enterprise... [Read more of this review]

How market is faring depends on whether you’re a buyer or a seller

Can the market get any better than this? Can it get any worse than this? Of course the economy will get better by and by and the market will change. For those looking to lease or buy commercial space in which to operate their business, we feel now is the time to make a deal. For those needing to lease out or sell space they own, now is still a difficult... [Read more of this review]

Home Pricing Slow to Recover

The latest report from First American CoreLogic indicates a more pessimistic outlook than previously expressed. The national real estate data company predicted the U.S. will see further declines in home prices, followed by a recovery in the spring. But that recovery is now projected to occur later and to a lesser degree. The national home price index... [Read more of this review]

New RESPA regulations may slow real estate recovery

New federal regulations designed to protect homebuyers from nasty surprises at loan closing time could slow the recovery of the real estate market, some industry insiders say. The regulations require early disclosure of expected loan costs for residential mortgages, with potential penalties if the actual costs exceed the early estimates. One real estate... [Read more of this review]

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