Housing

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One Year Later ‘Boise Is In A Full Fledged Housing Crash,’

I believe we can now declare the era of Boise being the most overvalued housing market in America over. For two years, Idaho’s capital city led the nation in inflated home values.

Home buyers backing out of deals in droves in parts of U.S.

Homebuyers backed out of contracts at a much higher rate in Sun Belt cities such as Jacksonville (26.1%), Las Vegas (23%) and Phoenix (21.6%), which “surged in popularity and price during the pandemic,” according to the report.

Single-family zoning helping fuel Montana housing shortage, according to new report

 In Montana’s most in-demand communities more than 70 percent of residential areas either prohibit or penalize the building of multifamily housing, a zoning regulation fueling some of Montana’s housing shortage, according to a preliminary report released Monday by the Governor’s Housing Task Force.

Opendoor’s iBuyer Model Is a Canary in the Economy of Housing Coal Mine

The company is losing huge sums of money on cookie-cutter homes—suggesting a fundamental weakness in the US housing market.

A recycling shower reduces water usage by 75 per cent

Using the system could reduce a household of four’s expenses by up to €1,300 per year. For a 10-minute shower, the technology could reduce water use by up to 75 per cent and energy use by up to 66 per cent compared to a traditional system.

Montana housing task force offers ideas in draft report

“Everyone on both sides of the aisle would agree that the housing crisis is likely the largest issue of the next session (of the state Legislature),” explained state lawmaker Ellie Boldman, a Democrat who represents Senate District 45 in Missoula and who is a member of the task force. “We are clearly, as a state, going to have to work together to solve this problem.”

Influencing wildfires by logging, other management is a fool’s errand

Trying to influence wildfires by logging and other management is a fool’s errand. The money Gianforte says will protect homes by logging would be better spent on home hardening and minor fuel reductions in the immediate area around homes.

Remote Work Drove Over 60% of House-Price Surge, Fed Study Finds

The shift to work-from-home policies drove more than 60 percent of the dramatic recent growth in U.S. house prices, according to a Fed study.

Where Housing Costs Are Falling Fastest

Western cities like Seattle, Las Vegas and San Jose are feeling the sting of economic headwinds and experiencing house price and volume drops.

Rent prices hit all-time high, but reports signal a coming cool down

Prices are up more than eleven percent compared to 2021. The average one-bedroom costs $1,503 per month, while the average two-bedroom costs $1,845.