Morning News: Boise Development Director Ready For More, Home Prices Increase In July

U.S. home prices rise in July by most in 6 years – “U.S. home prices jumped 3.8 percent in the 12 months ending in July, according to a private real estate data provider. The year-over-year increase was the biggest in six years, further evidence that the housing market is steadily recovering. CoreLogic said Tuesday that home prices also rose 1.3 percent in July from June.” Associated Press

Unemployment Fraud Adds To Employer Costs – “Idaho employers facing high unemployment insurance costs can, in part, blame those who get fraudulent benefits. Getting that money back can often prove fruitless. “ Associated Press

CCDC director eager to start Boise projects – “Since taking over as the development corporation’s executive director in December, Lyons has eliminated three of 14 paid positions and restructured the agency’s budget. He said he’s almost doubled the amount of money devoted to new economic development projects.” Idaho Statesman