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A United Van Lines study found that Idaho had the highest percentage of people moving there, with the capital city of Boise topping the list. (Getty)

A United Van Lines study found that Idaho had the highest percentage of people moving there, with the capital city of Boise topping the list. (Getty)

By Richard Lawson

CoStar News January 4, 2021 | 6:51 P.M.

Idaho turned out to be the state drawing the most people to move there in 2020 for the second year in a row, while New Jersey saw the most leave for the third consecutive year, at least among those using moving trucks from United Van Lines. 

The St. Louis-based moving company’s 44th annual migration study found that the state known mostly for its potatoes had the highest-inbound migration among states with 250 or more families moving in and out. Idaho’s ratio of move-ins and move-outs included 70% moving into the state, while New…

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Photo by Sieuwert Otterloo on Unsplash

By: Laurie Mega

 

We don’t need to tell you what a rollercoaster year 2020 was, not only for property managers, but for their owners and tenants, as well. As 2020 draws to a close, you may be looking back on the sea of changes the single-family rental market has gone through and wondering where it leaves you as a property manager, now and in 2021.

We sat down with the heads of three industry-leading executive single-family property managers to talk about the state of the single-family market, how their own properties fared amidst the pandemic and the resulting exodus of tenants from major cities, as well as the California wildfires and the presidential election.

 

The Current State of the…

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ADA COUNTY HOME SALES SLOWER, AGAIN, DUE TO COVID-19

ADA COUNTY HOME SALES SLOWER, AGAIN, DUE TO COVID-19

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.

Closed sales were down 29.7% compared to May of 2019, but as this is a backward-looking metric, it primarily reflects buyer activity during March and April when more restrictions around showings and open houses were in place.

However, pending sales, or properties with an accepted offer that should close within 30-60 days, were up 4.7% in May 2020 compared to last year, and up 25.4% compared to April. The 1,957 pending properties, which were…

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April 2020 Market Report

 

ADA COUNTY HOME SALES PREDICTABLY SLOWER AMID COVID-19

There were 761 home sales in April 2020, down by 19.5% compared to the same month last year. This dip in sales was expected as REALTORS® and consumers heeded Idaho’s stay-home order for any non-essential transactions.

Keeping real estate essential during this time ensured that transactions in progress were able to close, avoiding potential financial hardships for many families. And we’ve heard from many of our REALTOR® members that clients who didn’t have to buy or sell immediately were able to “press pause” for a bit, limiting unnecessary in-person interactions as the order had intended.

We expect sales to rebound over the coming…

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*VACANCY SURVEY*

Introduction

The purpose of this survey is to show vacancy and rental rate trends among single-family homes and multi-family units in Ada and Canyon County. Survey results are displayed by type (single or multi-family) & bedrooms (1-5) for the respective county.

Property status was surveyed as of March 31, 2020.

The survey participants are property management companies affiliated with the SW Idaho Chapter of NARPM and are considered to be the representative sample of the inventory of professionally managed rentals in Ada & Canyon County.

Survey Respondents

Data statistics below: *The accuracy and reliability of this survey is improved with an increased sampling.

Property Management Companies:                  

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