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Eye On Boise

Posts tagged: real estate

Idaho home prices show 4th-biggest gain in nation

Idaho home prices showed the fourth-biggest gain in the nation in a national survey comparing home prices in March to those a year earlier; Idaho home prices were 14.5 percent higher. Nevada saw the largest gain at 22.2 percent; California was next at 17.2 percent, and Arizona was third at 16.8 percent. Oregon was just behind Idaho with a 14.3 percent increase.

The data, from Core Logic, a real estate data provider, showed that nationwide, home prices increased 10.5 percent, and that they've now increased for 13 straight months. Record low mortgage rates, more demand and a limited supply of homes for sale were among factors driving the increases; the number of homes for sale in March was 17 percent below that of a year earlier. Click below for a full report from the Associated Press in Washington, D.C.

Snake-infested house traumatizes residents

An eastern Idaho house that's infested with so many snakes that the ground around it appears to move has been abandoned by its traumatized residents, who were told when they bought it that the snakes were was just a story invented by the previous owners to escape their mortgage, reports AP reporter Jessie Bonner. The former residents of the five-bedroom Rexburg home said it was like living in a horror movie; a wildlife biologist says the house likely was built on a winter snake den, where  snakes gather in large numbers to hibernate for the winter. Click below for the full story.

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Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.

Named best state-based political blog in Idaho for 2013 by The Fix

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