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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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