September 03, 2020 at 10:52am | Jonna Weber
As we continue to keep a close eye on our valley's real estate market, we're also always watching for various news stories that highlight changes and happenings in our local area. Here's our monthly high-level recap of many of those stories. Intended for life-long Boiseans, newcomers, potential re-locators, and out-of-state investors alike - there is something for everyone.
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More People Have Moved to These 9 US States During The Pandemic
Source: Business Insider

The ongoing COVID-19 pandemic has resulted in an increase in Americans relocating to different states. This article examines which states have seen an uptick in out-of-state relocations. And Idaho had the largest net gain, with 194% more people moving into the state (compared to out of the state) during the pandemic. Check out the full article for the all the details.  


2020's Best Real Estate Markets
Source: WalletHub

While our current local real estate market is undeniably a Seller's Market, Boise is still recognized as being the 'Best Place to Buy a House' in the US. Check out this WalletHub article which identifies the best local real-estate markets in the nation by comparing 300 cities of varying sizes across 24 key indicators of housing-market attractiveness and economic strength.  


The Best Places for Retirees to Live and Work in 2020
Source: SmartAsset

Curious how Boise fares for retirement? This article compares 525 U.S. cities (each with a population of at least 65,000) across a wide range of metrics including:  unemployment rate for seniors, housing costs as a percentage of retirement income, crime rates, estimated tax burden for seniors, etc. With a senior unemployment rate of 2.4% and housing costs making up just 25.9% of retirement income (which is safely below the threshold of being "housing cost-burdened"), Boise is noted among the 'Top 5 Large Cities for Retirees to Live and Work'. Check out the full article for all the details.  


US Cities Pledge to Play Their Part in Supporting Global Trillion Trees Movement
Source: Smart Cities World

Boise is yet again proving itself to be "The City of Trees" by joining forces with a handful of US cities including Dallas, Detroit and Tucson to help combat extreme heat and wildfires by planting and preserving more trees. Justin Adams, director of Nature Based Solutions, WEF is quoted in the article as saying “A nature-positive recovery is crucial to a great reset of our society and economy. Putting trees at the heart of this reset will help ensure it is sustainable for us and future generations.”


POWER RANKING: The 15 Best US Cities for Women Business Owners
Source: Business Insider

For women entrepreneurs looking to land funding, grow their network, and build successful businesses it looks like western and southern cities, such as Seattle, Boise and Scottsdale, are clear winners . This article pulls from a recently released Fundera report (which you can read in its entirety here). "It's not just you, everyone is talking about Boise right now. Idaho's capital city was named the fastest-growing city in 2018, the best place to live for millennials in 2019, and the best US city to buy a house last year. Female founders in Boise also have access to a large skilled workforce, low housing costs, and a small earnings gap between male entrepreneurs.


Mountain Time Is the Best Time Zone in America
Source: The New York Times

The Mountain Time (MT) zone seems to be one that throws non-Mountain Time zoners. It seems most are typically pretty clear on Eastern (ET), Central (CT) and Pacific (PT) time zones - but MT causes some to scratch their heads.  However, the author of this colorful article thinks MT is yet another one of Boise metro's "hidden" secrets. "Returning to Mountain time doesn’t just mean turning my watch back: It means calving myself free of the schedules that set the nation’s agenda; it means a more humane relationship to the passing of the hours." Just another great thing about living in the Boise area!


Dozens of Idaho Businesses Hit 2020's ‘Fastest-Growing’ Company List
Source: Inc. Magazine

Inc. Magazine recently released its lists of the top fastest-growing private companies in the country. And 27 Idaho-based businesses hit the list, representing more than $596 million in total revenue, as well as 966 new jobs. These businesses include ecommerce, clothing, RVs, and more. Check them all out here (simply filter by state) and then read the team over at DevBoise's take on these booming Idaho businesses here.


Baby Penguin Joins Zoo Boise Family
Source: CBS 2 Idaho News

Because sometimes (especially in 2020) we need some good, easily digestible news. Zoo Boise has its first male penguin chick. Weighing in at a whopping six pounds - we are excited to meet the little dude.


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