News

The typical Boise homebuyer earned $98,000 in 2021, up 24.1% from 2019. That’s the biggest homebuyer income increase of the 100 most populous U.S. metros, an uptick caused mostly by remote workers moving in from pricey coastal job[...]

Popular migration destinations where home prices soared during the pandemic–including Boise, ID, Phoenix and Tampa, FL–are most likely to see the effects of a housing downturn amplified and home prices decline year over year if the[...]

More homebuyers are returning to the market, motivated by a decline in mortgage rates and a record share of listings with price drops. Redfin’s Homebuyer Demand Index—a measure of requests for home tours and other home-buying[...]

The number of homes for sale nationwide in June rose 2%. That’s the first annual increase since July 2019, before the pandemic-fueled homebuying frenzy sapped the market of available homes and sent buyers into bidding wars for nearly[...]

Price drops have become a common feature of the cooling housing market, particularly in places that were popular with homebuyers earlier in the pandemic. Nearly two-thirds (61.5%) of homes for sale in Boise, ID had a price drop in June,[...]