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Housing Market

70% of Boise Home Sellers Dropped Their Asking Price in July

Home sellers in pandemic homebuying boomtowns like Boise, Salt Lake City and Sacramento increasingly dropped prices as buyers backed out of the market. A high share of home sellers dropped their asking price in July, particularly in pandemic boomtowns, as they struggled to match their expectations with the reality of the cooling housing market. Nearly […]
Investors

Investor Home Purchases Plateau But Remain Well Above Pre-Pandemic Levels

Investors scooped up more homes in the second quarter than before the pandemic, but purchases leveled off from their 2021 peak as investors reacted to the slowing housing market in different ways. Some took advantage of cooling competition and elevated rental demand, while others pressed pause in hopes of lower prices and more economic certainty […]
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