Home prices are up, but people are buying anyway. What's going on with Boise real estate? [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
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Source: Yahoo! Finance
No, not political signs — yet. “Home for sale” signs. And, despite their frustration over high mortgage rates and record high prices, people are snapping up homes, one real estate agent says. “It's a very unique market,” said Brett Hughes, the founder and designated broker of Boise Premier Real Estate. “I've never seen anything like it.” The number of homes for sale is trending upward in the Treasure Valley, according to Cassie Zimmerman, marketing accounts manager in the Boise office of The Agency , an international real estate brokerage. In May, interested homebuyers had 1,629 available homes to choose from in Ada County, 235 more than in April and nearly 30% more than in May 2023, Zimmerman said in a news release. In Canyon County, the number of homes for sale was up 58.5% compared with May 2023 for a total of 1,065 listings. “This is a welcome increase in housing supply, as our market has been considered under-supplied for years now,” said Jennifer Stiffler, a real esta
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FMCC
Sec Filings
- 6/21/24 - Form 25
- 6/11/24 - Form 8-K
- 5/29/24 - Form ABS-15G
- FMCC's page on the SEC website