Business

Recorded earlier: Livestream event about the Treasure Valley real estate market

By Paul Schwedelson

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Affording Boise: Homeownership

Soaring rents. Skyrocketing home prices. The double-digit rates of increase in the costs of Boise-area housing until 2022 have created increasingly urgent problems for low-income, working-class and even moderate-income Idahoans who need places to live. Affording Boise is a series of Idaho Statesman special reports on housing. This collection focuses on homeownership. A separate collection focuses on rental homes, including apartments.

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The Treasure Valley housing market has soared since 2020 with Boise-area houses going for thousands of dollars above their asking prices and bidding wars driving the cost up. Now, rising interest rates are dramatically unsettling the real estate market and slowing development.

We’ve been following all the action in our Affording Boise series.

Affording Boise is an occasional Idaho Statesman series about housing in the Treasure Valley.

Prices are falling. Is housing actually becoming more affordable? Is this the market correcting itself? Or is a crash looming?

Join us for this livestream event as we tackle these questions from all aspects — from real estate to city planning to development.

Three Treasure Valley experts will offer insights on what they’re seeing, explain how the market is responding to the changes, and offer tips for home buyers and sellers.

Falling back to Earth Livestream

When: 1 p.m. Wednesday, Oct. 5, 2022.

Where: IdahoStatesman.com, and on our Facebook page and YouTube channel.

  • Cyndi Elliot, real estate agent with Group One Sotheby’s International Realty since 2000 and member of the Boise Regional Realtors’ Board of Directors.

  • Kevin Rice, president of Idaho Mortgage Lenders Association, sales manager at Premiere Mortgage Resources.

  • Caleb Hood, city of Meridian planning division manager.

Cyndi Elliot, real estate agent with Group One Sotheby’s International Realty since 2000 and member of the Boise Regional Realtors Board of Directors.
Cyndi Elliot, real estate agent with Group One Sotheby’s International Realty since 2000 and member of the Boise Regional Realtors Board of Directors. Provided by Cyndi Elliot

Cyndi Elliot, Boise Regional Realtors director

Caleb Hood, city of Meridian planning division manager.
Caleb Hood, city of Meridian planning division manager. City of Meridian

Caleb Hood, planning division manager, City of Meridian

Kevin Rice, president of Idaho Mortgage Brokers Association, is part of the Statesman’s Falling back to Earth real estate event Oct. 5.
Kevin Rice, president of Idaho Mortgage Brokers Association, is part of the Statesman’s Falling back to Earth real estate event Oct. 5. Handout photo

Kevin Rice, Idaho Mortgage Lenders Association.

Idaho Statesman growth and development reporter Paul Schwendelson.
Idaho Statesman growth and development reporter Paul Schwendelson. Darin Oswald doswald@idahostatesman.com

Moderator: Paul Schwedelson, growth & development reporter

This story was originally published September 29, 2022 at 3:58 PM.

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Affording Boise: Homeownership

Soaring rents. Skyrocketing home prices. The double-digit rates of increase in the costs of Boise-area housing until 2022 have created increasingly urgent problems for low-income, working-class and even moderate-income Idahoans who need places to live. Affording Boise is a series of Idaho Statesman special reports on housing. This collection focuses on homeownership. A separate collection focuses on rental homes, including apartments.

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