Idaho

Bringing the Economy Home

Background

Whether it’s agriculture, tourism or energy, a look at the industries that shape Idaho’s economy and how they are affected by state policies.

Latest Posts

Foreclosed Homeowners To Receive First Round Of Settlement Payments

Houses Surburban Neighborhood

We’ve noticed how many people are coming to this post. Would some of you like to help us with our future reporting? We’d like to talk to people in Idaho who receive settlement checks. If you receive one and you’re open to telling us about your experience, please send us an email. Idahoans who lost [...]

Albertsons Or Albertsons Market? You Decide…

Albertsons

Albertsons says it doesn’t have store closures to announce after a $3.3 billion deal was finalized last week to reunite the brand that was split in 2006. The Idaho Statesman reports the company did lay off seven workers as part of restructuring. Albertsons LLC, owned by Cerberus Capital Management, purchased 877 stores from the Minnesota [...]

Low Inventory Continues To Drive Up Treasure Valley Home Prices

Sold Home

Spring marks the start of the busy season for home-buying and selling. In the Treasure Valley, the housing market mirrors national trends. The story is one of few homes for sale, and high demand. Mike Turner, an agent with Front Street Brokers in Boise, will tell you: the local housing market was competitive last spring, and [...]

Supervalu Sale Of Albertsons Stores Expected To Close Thursday

Albertsons store in Jackson, WY.

Boise’s hometown grocery store is expected to be back under one umbrella Thursday at midnight, according to an Albertsons LLC spokesperson. Supervalu’s sale of Albertsons stores to Cerberus Capital Management will reunite the brands that were split in 2006. In January, Supervalu announced it was selling all Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores [...]

How Investor-Buyers Shaped One Boise Housing Development Hit Hard In The Downturn

A "For Rent" sign stood in front of a home in Charter Pointe last week.

It’s clear that residential real estate investors played a role in the boom and bust in Idaho’s housing market. Realtors tell stories of receiving call after call from out-of-state speculators attracted by Idaho’s high growth rate and low cost of housing. Yesterday, we reported on a southwest Boise subdivision called Charter Pointe that’s still reeling [...]

Boise’s Housing Bust Leaves Unlikely Victims In A Neighborhood That Saw The Worst

Ryan, Scott and Tara Arellano, at home in their kitchen

Homeowners, credit intact, still making their monthly mortgage payments.  They’re not who we think of first when we think of the damage brought on by the housing crisis. But in a sprawling, master-planned southwest Boise subdivision called Charter Pointe, they’re a group that has struggled. More than most cities, Boise felt the brunt of the [...]

Why Idaho’s Fast Foreclosure Process Pays Off For The State’s Housing Market

Housing markets show more signs of revival in states like Idaho, where homes move through foreclosure quickly.

This morning, NPR’s Morning Edition took a look at Florida’s slowest-in-the-nation foreclosure process. The state’s foreclosure rate recently surpassed Nevada’s to become the highest in the country. Many say Florida’s long legal process is to blame. In Idaho, by contrast, the foreclosure process is unusually short. That’s according to RealtyTrac vice president Daren Blomquist. He [...]

“Worst Place To Buy” Ranking Is Fine News For Boise Homeowners

House for sale

Housing data provider RealtyTrac is out with new numbers that show Boise is one of the worst places to buy a foreclosure. That’s not a bad thing. “Certainly from the perspective of homeowners in that market, it’s a good thing to be on that worst list,” says RealtyTrac vice president Daren Blomquist. “Really what that [...]

Boise Cascade To Start Selling Its Stock Again

Freshly cut lumber awaits the dry kilns at an Idaho Forest Group mill.

Molly Messick / StateImpact Idaho The Idaho Statesman reports Boise Cascade LLC plans to go public after nine years as a privately-held company. Eighty percent of Boise Cascade is held by Madison Dearborn Partners, a Chicago private-equity firm. The status change will make money for Madison Dearborn, spokesman John Sahlberg said.

Idaho’s Business Personal Property Tax By The Numbers

All the drawers, shelving, and buckets that hold sweets at Powell's Candy Shoppe in Boise are taxed annually.

Over the next few days, StateImpact Idaho will roll out radio features, an interactive map, and county-by-county data on Idaho’s business personal property tax. Why? The tax has long been loathed by some businesses and their lobbyists. The Legislature is under increasing pressure to decide how and when to repeal the tax during the current [...]

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