Why Idaho’s Home Values Are Increasing More Than Any State in the Country

 
 

The value of a typical home in Idaho more than doubled in the past five years—a feat no other state can claim

With low interest rates and a life-altering pandemic that found many trading in their commute for remote work, it’s no secret that the real estate market in 2022 looks a whole lot different than it did five years ago. Those circumstances led many would-be homeowners to broaden their search, looking outside of the cities and suburbs they’d normally consider. And while it’s been apparent for at least a year that these shifts stood to benefit sellers in more rural states, the state to actually see the biggest growth in real estate prices since 2017 may not be the first one that comes to mind.

According to data from Zillow’s Home Value Index, Idaho saw the most significant change in typical home value over the past five years. Based on the real estate platform’s algorithmic “Zestimate” of home values, which uses a wide array of data points beyond sales prices to more comprehensively assess a given market, the value of a typical home in the Gem State jumped from $222,122 in July 2017 to $472,272 in July 2022.

That’s an astonishing increase of just over $250k, which translates to a growth of 112.6%. Idaho’s growth far exceeded not just the rest of the country, at a time when every state saw gains of at least 34%, but even its closest competitors: Second-place Arizona and third-place Utah saw five-year changes of 95.9 and 91.4%, respectively. While Utah’s pure dollar increase of $273,608 outpaced Idaho, it still found a place in the top five alongside Hawaii, California, and Washington, the three most expensive states (excluding Washington, D.C.) in terms of typical home value.

If these Zestimate increases can be considered a proxy for the value of living in a given place, metro-level data suggests that new (and existing) Idahoans enjoy the balance of a relatively urban area within an otherwise largely rural state. Showcasing a 117.8% growth in typical home value from 2017 to 2022, Boise was the only area to exceed Idaho’s state-level increase of 112.6%, with home values rising $276,676 over five years to a price of $511,618 by this July.

Those who relocated to Boise from out of state got good bang for their buck as well: Zillow further notes that these movers typically gained 68 square feet at a price that was about $145,000 less than the value of their prior home. That’s enough extra space for a cozy but viable home office, and a tidy profit with which to redesign or renovate one’s entire space as needed.

Other Idaho areas that gained ground showcased connections to the outdoors. Idaho Falls, Twin Falls, and Pocatello all saw prices increase by more than 100% over five years, with each situated a short distance from the Snake River. Coeur D’Alene, where the Spokane River flows into the town’s eponymous lake, saw property values rise by 109.3%. Hailey, which offers access to Sun Valley at a slightly more affordable rate than the ski town itself, saw comparatively modest but still significant growth of 87.5%. By way of out-of-state comparison, Summit Park, tucked between Salt Lake City and Sundance host Park City, saw prices increase by 108.6% to a typical value of just under $1.47 million.

Between attractive locations, extra space, and the fact that ninth-place Idaho’s typical 2022 home value is closer to that of 15th-place New Hampshire ($436,623) than eighth-place Oregon ($524,718), you have the recipe for real estate demand. “States where home values grew the most over the past five years tend to offer relative affordability, as well as a lifestyle that many are attracted to,” says Zillow senior economist Nicole Bachaud. “Markets that offer year-round outdoor living and easy access to outdoor amenities have been the most in-demand.”

Between a retreat from historically low interest rates (a move that also speaks to the realities of inflationary concerns) and a gradual return to the office, the moment to drop everything and save money by moving to a place like Idaho may be on its way out. Even still, the data goes to show that homeowners might still be able to get more for less, if they’re willing to look for hidden gems.

Read more on Architectural Digest.

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Next Week is The Best Week to Buy a Home

 
 

More than 6% of homes may have reduced prices during the week of September 25

It is general knowledge that spring time is home selling season, but the best time to buy a house can change from year to year. According to a report from Realtor.com published Wednesday, in 2022, the best week to buy a house is from September 25 to October 1.

Many in the industry view fall as “off season” for the housing market, which offers opportunistic buyers many favorable factors including more listing, less competition, and lower prices.

According to Realtor.com, those who buy during this week can expect more than 6% of homes with reduced prices, savings of more than $20,000 on average, approximately 46% more homes to choose from as compared to the average week to date, extra time to make buying decision with homes expected to stay on the market 15 days longer than summer’s peak, and less competition as as demand during the best week to buy is historically 26.9% lower than the yearly peak week and 8.5% lower than the average week.

As many prospective homebuyers have faced a multitude of challenges over the past year, from intense competition to limited inventory, as well as rising mortgage rates and record high home prices, they may be looking for any advantage they can get.

“If you’re flexible on your timing and can budget for higher rates, early fall can be a great time to secure a home, with a number of factors aligning to make it the best time of the year both in terms of price and competition,” Danielle Hale, the chief economist at Realtor.com, said in a statement. “This is especially true for first-time buyers and others who are not trying to sell a home at the same time as their purchase.” 

On the other end of the homeownership lifecycle, a Thursday in late April is the best time to list a home, as home seller can expect to sell their property for 2.8% more than other times of the year.

Learn more on Real Trends.

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Vail Resorts asks judge to toss "emergency ordinance" that stopped affordable housing development

 
 

The Vail Corp., parent company of Vail Resorts, has asked a district court judge to nullify an emergency ordinance the town of Vail passed Aug. 2 to stop the company from developing affordable workforce housing on land it owns.

The complaint, filed Aug. 30, alleges the Town Council acted “arbitrarily and capriciously” and that it “exceeded its jurisdiction” when passing Ordinance 16.

The emergency ordinance stopped Vail from issuing any permits that would have allowed Vail Resorts to perform soil testing or any building activity, like grading, on a 5-acre parcel on the east side of the mountain town.

That’s the location where the resort wants to build affordable or workforce housing.

It was intended to preserve the property while the town works to acquire the land through the condemnation process in an effort to prevent high-density development on bighorn sheep habitat in the area, according to the ordinance.

“This effectively closes down Vail Resorts for the entire mountain building season until next summer,” according to the complaint.

Town Council in May passed a resolution to move toward condemning the land, so it can buy it and set it aside as a nature preserve to protect the herd of bighorn sheep that frequent the area.

But, Vail Resorts alleges, it never condemned the land and never made the company any fair compensation offer for it in four months. Meanwhile, the town’s Design Review Board approved the company’s development application May 18 and Vail Resorts wanted to move forward with soil testing.

“There is no emergency other than the one of the Town’s own making from its delay in filing its condemnation case,” the complaint states. “But a Town cannot circumvent its own Code by creating its own emergency.”

Town officials posted notice of Ordinance 16 the Friday afternoon before the Aug. 2 Town Council meeting at which it was approved, the complaint alleges. Ironically, also at that meeting, the council upheld the design board’s decision after a neighbor had appealed it.

“As of Aug. 2, 2022, Vail Resorts’ Project was fully entitled and ready to build,” the complaint states.

A Vail spokeswoman said the town attorney “is in the process of reviewing the complaint, so as of yet, we do not have a statement.”

Vail Resorts’ spokesman John Plack emailed the following statement: “Vail Resorts did not want to end up in court, and our goal is unchanged: more urgently needed incremental affordable housing in the Town of Vail. However, the Town of Vail’s extraordinary and unusual action, and improper use of an Emergency Ordinance, resulted in our court filing on August 30, 2022.”

Vail officials said the $17 million development would add 165 units of desperately needed workforce housing and is “shovel ready.”

In 2017, Town Council — with the unanimous recommendation of the town’s Planning and Environmental Commission — agreed to rezone the 23.3-acre parcel to allow for development on the 5-acre plot for an East Vail workforce housing subdivision. The area is known as Booth Heights.

The development was approved by the Town Council in 2019.

After concerns were raised early in 2022 about the bighorn sheep being impacted by the development, the company agreed to give the town 18 acres of the property to preserve the forest land, and also paid the town $100,000 for “wildlife enhancements within the Town.”

“Mountain towns across Colorado are in critical need of affordable workforce housing,” the complaint states. “And the Town of Vail is no exception.”

The complaint asks a district court judge to toss the ordinance because:

“The town took this action: (1) without following its own Code with respect to passing Ordinances that impact property rights; (2) without filing any condemnation case to take the Property; (3) without proving in a court of law that it is entitled to take the Property through eminent domain; and (4) without obtaining possession following such a finding and after making a deposit of the estimated just compensation for its taking.”

The complaint does seek any other damages.

Keep reading on The Gazette.

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Here's How You Can Help Birds During their Migration

 
 

It’s bird migration season! Here are a few ways you can make sure they have a safe journey.

According to AllAboutBirds.org, Geese winging their way south in wrinkled V-shaped flocks is perhaps the classic picture of migration—the annual, large-scale movement of birds between their breeding (summer) homes and their nonbreeding (winter) grounds. But geese are far from our only migratory birds. Of the more than 650 species of North American breeding birds, more than half are migratory.

Why Do Birds Migrate?

Birds migrate to move from areas of low or decreasing resources to areas of high or increasing resources. The two primary resources being sought are food and nesting locations. Here’s more about how migration evolved.

Birds that nest in the Northern Hemisphere tend to migrate northward in the spring to take advantage of burgeoning insect populations, budding plants and an abundance of nesting locations. As winter approaches and the availability of insects and other food drops, the birds move south again. Escaping the cold is a motivating factor but many species, including hummingbirds, can withstand freezing temperatures as long as an adequate supply of food is available.

Where are the birds migrating?

 
 

For a live map, click here.

“Real-time analysis maps show intensities of actual nocturnal bird migration as detected by the US weather surveillance radar network between local sunset to sunrise. All graphics are relative to the Eastern time zone. When present, the red line moving east to west represents the timing of local sunset, the yellow line represents the timing of local sunrise. Areas with lighter colors experienced more intense bird migration. Orange arrows show directions to which birds flew. Green dots represent radar locations for which data are available; red dots represent radar locations with no data available. Note that many radars in mountainous areas (e.g. the Rockies) have obstructions that restrict radar coverage, providing the appearance of no migration where migration may be occurring.” - Birdcast.info

How you can help

This high-endurance pilgrimage isn't without danger. Outdoor cats, poorly placed communications towers, unforgiving and — to birds — invisible glass surfaces, and pesticide-laced plants all await. Add to that an ongoing crisis of habitat loss and it's no mystery why so many birds fail to reach their destinations during spring migration.

The good news is that all of us can take steps to make migration a little safer. Even better, many of these activities are simple, free, and require only a few minutes. To get started, have a look at abcbirds.org’s top suggestions — and find the solutions that work for you.

Turn Off the Lights

"Up to 1 billion birds die each year in the United States from colliding with buildings or structures. As migratory birds travel through cities with large buildings and bright lights, they can become disoriented by the lights, causing them to collide.

You can help birds during critical migration periods by turning off all non-essential lights from 11 p.m. to sunrise. Learn more about how you can help by visiting BirdCast's Lights Out webpage. You can also find out if a large number of migratory birds is passing through your area by checking BirdCast's online alerts."

Paint a Window Warning

"Hundreds of millions of birds in the U.S. die from hitting glass every year – almost half of those on home windows. Luckily, there are many ways to make your windows safe for birds. One of my favorite methods is applying tempera paint to the outside surface of glass. Tempera is nontoxic, cheap, easy to use (and remove) and amazingly long lasting — even in rain. If you're short on time, using a sponge is a good way to make a quick pattern. With a little more effort, you can create spring-themed designs or even small works of art depicting your favorite birds; either will help prevent collisions. Remember: Whatever kind of design you use, make sure your lines are no more than two inches apart to help smaller birds avoid collisions."

Support the Laws That Migratory Birds Can't Live Without

"The Migratory Bird Treaty Act (MBTA) is one of the most important pieces of legislation affecting birds in the U.S. Unfortunately, the previous administration made the MBTA harder to enforce by claiming that the law does not address unintentional harm to birds caused by industrial activities. This move is expected to be reversed by the Biden Administration, but we need to ensure that MBTA protections are in place permanently. Please ask your Representative and Senators to be co-sponsors of the Migratory Bird Protection Act, a bill that would strengthen the MBTA and go even further to protect migratory birds."

Protect Birds From Cats

"Cats are lovable pets, but they're also instinctive predators. One cat alone may kill up to 55 birds each year. It all adds up! So keep your cat on a leash or in an enclosure to protect migratory birds (and keep your cat safe, too). Don't have a cat? You can still support bird-friendly practices in your community by encouraging the passage of local ordinances mandating responsible pet ownership. Learn more about other simple actions you can take to protect birds on our Cats Indoors page."

Reduce Your Plastic Footprint

"It's estimated that there are about 330 billion pounds of trash on our coasts and in our oceans, with another 17 billion pounds of plastic entering the marine environment each year. Birds can ingest plastics or become entangled in them, which can cause serious injuries or even death.

No matter how far you live from our coasts, your daily actions can have an impact! Eighty percent of trash in the marine environment comes from land-based sources, as trash easily travels via gutters, rivers, bayous, and other watery pathways to our oceans. Switching from disposable plastic items to reusable alternatives is a great way to reduce trash. Consider using reusable bottles, cups, bags, utensil sets, and more — there are many great ways to reduce your plastic footprint! To learn more, check out ABC's clean coast program, Stopping Plastics and Litter Along Shorelines (SPLASh)."

Buy Bird-Friendly Coffee

"After oil, coffee is the most traded commodity in the world. To meet demand, coffee is often grown on monoculture plantations across the world, which cover hundreds of thousands of acres and reduce habitat for birds and wildlife. However, there is a better alternative. Shade-grown coffee, cultivated under existing tree canopies, doesn't require deforestation, leaving habitat intact for wildlife. It also tastes great.

The Bird Friendly coffee certification developed by the Smithsonian Migratory Bird Center establishes the best coffee farming practices to provide birds with forest-like habitat. Birds are not the only ones to benefit from Bird Friendly coffee; farmers who receive certification from the Migratory Bird Center can also access better prices for their coffee. In early 2021, ABC and its Venezuelan partner, Provita, worked with farmers to help market and sell Venezuela's first-ever Bird Friendly coffee."

Keep Your Woods Wild

"You can provide habitat for birds during spring migration by letting things around the house get a little messy. I have a wooded backyard, so I try to leave it as natural as possible. I let the understory grow and pull invasive plants such as Japanese Stiltgrass and Garlic Mustard. I leave logs and fallen branches in place to shelter insects and other small critters that birds feed on.

When larger trees break or fall, I leave them be — as long as they're not hanging over the roof. This gives snag-nesting migrants like the Great Crested Flycatcher places to nest — along with year-round residents like the Eastern Screech-Owl and Downy, Hairy, Pileated, and Red-bellied Woodpeckers — and is a nice source of grubs and other bird food."

Give Beach-nesting Birds a Break

"As temperatures rise, many of us begin heading to the beach. And we're not alone: This is a critical time for several migratory species — I'm thinking of Black Skimmers, Snowy Plovers, and Least Terns — that lay their eggs in the sand and are particularly vulnerable. One of the biggest challenges they face is the threat from unleashed dogs. Our team in the Gulf Coast region has seen loose dogs eat eggs and take chicks. This is a big problem, considering that nearly all of these birds have declining populations. The obvious solution is to leash dogs. As our team likes to say, 'Bird-friendly beaches have dogs on leashes!'"

Support Groups That Are Making Birding More Inclusive

"Everyone should be able to enjoy the wonders of bird migration, and we all have a role in making that possible. Many who engage in birding face issues related to discrimination, safety, and access, including birders of color, women, LGBTQIA+ people, or folks with disabilities.

In addition to events like Black Birders Week and Latino Conservation Week, groups such as Birdability and the Feminist Bird Club are working to address these and other barriers through advocacy, education, and community engagement. By following and supporting this work, we can help the communities these groups serve and the birding community at large. Bringing more people into the fold, with diverse perspectives and experiences, is also a good way to strengthen bird conservation. As Dr. J. Drew Lanham wrote: ‘If the goal is to conserve, then we need all involved that we can muster.'"

Fuel a Hungry Hummingbird

"Put out those hummingbird feeders during spring migration — the hummers are arriving. Be sure to use a mixture of four parts water to one part sugar. And do without the dye: Red dyes serve no purpose. Most hummingbird feeders already have enough color on them to attract hummingbirds, and, even worse, these dyes contain petroleum that may be harmful to hummingbirds. Don't forget to change the mixture and clean feeders often to be sure it's fresh and safe for those super-charged flying jewels."

Inspire a Future Bird Conservationist

"I have younger nieces and nephews in Wisconsin, and when I visit them during spring migration, I like to make sure they get outside, where I can introduce them to birds: Mr. Blue Jay, Mr. Cardinal, Mrs. Common Yellowthroat. Introducing birds to kids at a young age can instill a desire to explore the natural world. And that's only one benefit. It also helps children bond with wildlife and develop an environmental ethic that will, hopefully, remain with them for the rest of their lives. I'm hoping one of my nieces or nephews will be the John Muir of 2030!”

For more information, be sure to check out bird supporting organizations such as ABC Birds, All About Birds, and Birdcast.

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9 Things You Should Do to Your Home Before Fall Starts

 
fall-maintenance.jpg
 

Sweater weather is coming—and you need more than a PSL to get ready for it.

It would be amazing if all you needed to prep your home for fall was hang a wreath and light a bunch of pumpkin spice candles. While yes, those are a crucial part of getting ready for the change of seasons, there are more important (and not exactly fun) preparations that come with being a homeowner. Consider this everything you need to know before your house transitions from hot summer days to cool fall nights...and eventually freezing temperatures.

Clean, or possibly replace, your gutters.

Real talk: You're so used to your gutters working properly — and draining thousands of gallons of water from your roof yearly — that you forget they could use a little TLC. If they're clogged, you can end up with a flooded interior and damaged exterior. So clean them, and if necessary, replace them (Amazon Home Services will do it for $116).

Check for drafts.

Heat loss through windows is responsible for 25-30 percent of heating energy use, according to the U.S. Department of Energy. But it doesn't have to be that way, because weatherstripping is simple and probably the most cost-effective way to keep heating costs down.

Pro tip: To check if you have a draft issue, close a door or window on a strip of paper. If the paper slides easily, you need to update your weatherstripping.

3. Drain your outdoor faucets.

Say it with me now: "I will turn off all outdoor faucets before winter!" Drain and disconnect all garden hoses from outside spigots to prevent any water freezing. Not doing this can result to pipes bursting, so yeah, do this.

4. Bring your outdoor furniture in.

Yes, your furniture is outdoor furniture. No, that does not mean you should test the label by leaving it outside through hurricane-like weather and snowstorms. It cost you money and time to set that outdoor space up, so if you want to get another summer season out of it you should store it in a garage or shed. If you don't have anywhere to store the items, you should cover it in a waterproof furniture cover, which you can snag on Amazon for 36 bucks.

5. Fix any cracks in your driveway.

I know, I know — this seems tedious and is one of those things where you're like, "eh, it'll be fine!" But, it could very easily not be fine. When water gets into cracks it freezes, expands, and can make the crack even bigger. Enough small cracks can turn into big cracks, and eventually the concrete can crumble. Plus, uh, you'd probably prefer a driveway without a giant pothole. So, using concrete crack sealer, fill it up and be done with it.

6. Change your filters.

Found: Another thing in your house that might be costing you more money then it should be. If your filters are clogged, it's harder to keep your home at the temperature you want it too be which will increase your heating bills. Clean these filters monthly, not just before the fall, and thank me later. FYI: Disposable filters can be vacuumed one time before you replace it, and foam filters can just be vacuumed and not replaced.

7. Fertilize your lawn.

You know what they say: The best offense is a good defense. If you want to keep your lawn looking great in the spring and summer, you need to prep it for the fall and winter. Roots are still active when the grass isn't growing, so applying fertilizer will prevent winter damage. Doing this will also help your lawn turn green faster in the spring, which is crucial, because who wants to look at a sad lawn once it gets nice out?

8. Test winter equipment.

Hi, I'm here from the future, where your snow blower isn't working and you're stuck inside and can't get your car out to buy a new one. Seriously, just check it all now and make your life easier later.

9. Change your batteries.

Once a year you should be checking to make sure all smoke detectors and carbon monoxide devices are working. Since you're already testing everything else out, you might as well add this on.

Visit Home Beautiful for more.

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