Daily Real Estate News | Tuesday, November 18, 2014 Expect the home-purchase market to strengthen along with the economy in 2015, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for November. “The good news for 2015 is that the U.S. economy appears well-poised to sustain about a 3 percent growth rate in 2015 — only the second year … Read More
Survey: More Americans Ready to Sell
Daily Real Estate News | Tuesday, November 11, 2014 More Americans are growing optimistic about home-price appreciation and selling, according to Fannie Mae’s October 2014 National Housing Survey of 1,000 American adults. Home-price expectations rose significantly in the latest survey, largely reversing a dip over the past four months, says Doug Duncan, Fannie Mae’s chief economist. Also, the share of … Read More
Elk hunting starts Oct. 18 in Grand Teton National Park
This year’s elk reduction program begins Saturday, Oct. 18, in Grand Teton National Park. In a press release the park said that the changes that were made last year will be continued for the 2014 season. Those changes include: a requirement that hunters participating in the program use non-lead ammunition; a limit to the number of cartridges hunters may carry … Read More
Small Lenders Bend for Risky Borrowers
Daily Real Estate News | Wednesday, October 15, 2014 Borrowers with minor imperfections on their credit applications — like a brief loss of employment or a temporary dip in their credit score — are starting to have better luck at snagging a loan with smaller lenders, Bloomberg reports. At least 15 smaller firms this year are offering slightly riskier mortgages, … Read More
Almanac captures Teton Valley demographics
Teton Valley may soon understand itself a little better. Powder Mountain Press will publish the first edition of the Teton Valley Almanac this week, a “comprehensive overview of Teton County, Idaho, Facts and Figures.” The almanac will be distributed in out-of-county issues of Teton Valley News as well as in the valley’s post office boxes. There will be a public … Read More
9 States Surge to New Home-Price Highs
Daily Real Estate News | Tuesday, October 07, 2014 Home prices continue to rise nationwide, albeit at a slowing pace. Including distressed sales, home prices rose 6.4 percent year-over-year in August, according to CoreLogic’s latest Home Price Index. All 50 states showed year-over-year home price gains, with nine states soaring to new highs. Those states were: Alaska Colorado Iowa Louisiana … Read More
Biking the Tetons
The Yellowstone / Grand Teton Rail Trail is 104 miles from end to end. The route goes through beautifully wooded areas west of Yellowstone Park and scenic rolling farmland of Idaho west of Grand Teton National Park with almost constant views of the Teton Mountain Range. It can be completed in a series of day trips staying at local accommodations … Read More
New-Home Sales Surge to 6-Year High
Daily Real Estate News | Thursday, September 25, 2014 Sales of new single-family homes soared 18 percent in August, as greater confidence in the recovery swept across the housing industry, despite news that homebuilding tumbled 14 percent and existing-home sales fell 1.8 percent in the same month. New-home sales in August reached a seasonally adjusted annual rate of 504,000 units, … Read More
Maximum homeowner’s exemption increases in 2015
The maximum homeowner’s exemption for 2015 will increase to $89,580, according to calculations by the Idaho State Tax Commission. The maximum exemption for 2014 is $83,920. The maximum exemption amount is based on the Idaho House Price Index – All Transactions, which is published by the Federal Housing Finance Agency. “The current index shows a 6.74 percent increase in house … Read More
Alpine airport booms with high-end clients
ALPINE — Twenty-five air miles southwest of Jackson, an upscale fly-in community on the banks of the Palisades Reservoir is sprouting quickly. The Alpine Airport, long a sleepy, unimproved airstrip, is now the site of a $4 million construction project for a fixed-based operator building. Some 60 of 100 planned homes called the Alpine Airpark have also been built, many … Read More