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Over the past week, the economic data continued to reflect a stronger than expected recovery following the partial shutdown due to the pandemic. Mortgage rates held relatively steady near-record-low levels.
The major economic reports have broadly revealed a rapid rebound in June and July from the historic weakness seen in April and May, and recent data from the services sector continued the trend. The Institute for Supply Management (ISM) Services Index rose to 58.1, which was well above the consensus forecast of 55 and the highest leve...
By Laura McHolm, co-founder of NorthStar Moving Company
Over the past few months, we have all been learning how to adapt to the changes brought on by the COVID-19 pandemic. While many of our social events or travel plans have been put on hold, moving does not have to be. Moving and Storage are actual...
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During a light week for economic data, investors remained focused on the concerning spread of the coronavirus in many regions. Mortgage rates dropped slightly to new record-low levels.
Reduced economic activity resulting from the pandemic has caused a significant decline in inflation, which has helped keep mortgage rates low. The Consumer Price Index (CPI) is a widely followed monthly inflation report that looks at the price change for goods and services.
In June, core CPI, which excludes the volatile food and energy components, wasÂ...
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
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Following two consecutive months of year-over-year declines, home sales in Ada County were up 3.4% in June 2020 compared to June of 2019. Pending sales, or properties with an acce...

By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
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For the second consecutive month, home sales in Ada County were lower than the same month in 2019, as REALTORS® and consumers heeded Idaho's stay-home order for any non-essential transactions.
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