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By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
For the second consecutive month, home sales in Ada County were lower than the same month in 2019, as REALTORS® and consumers heeded Idaho's stay-home order for any non-essential transactions.
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The data released over the past week revealed an unprecedented decline in economic activity resulting from the pandemic, but also indicated that recovery has already begun. Mortgage markets have been relatively quiet, and rates again ended the week with little change.
Following growth of 2.1% in the fourth quarter of 2019, gross domestic product (GDP), the broadest measure of economic activity, fell 5.0% in Q1 2020, which was the weakest reading since 2008. As bad as that was, however, it does not even come close to the expected decline for the second quarter....

There are a lot of reasons to welcome summer with open arms. We're especially excited about the return of all our favorite Boise farmers markets. With a long growing season ahead, we are thrilled to recommend these great spots in the Boise area to find fresh, local produce!
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