According to MSNBC, The United States’ homeownership rate remained at its lowest in more than a decade, hampered by a rise in foreclosures and weak demand for housing. The percentage of households that owned their homes was unchanged at 66.9 percent in the July-September quarter, the Census Bureau said. The last time the rate was lower was in 1999, when the rate was 66.7 percent.
Boise Cribs Real Estate specialized in Foreclosure and Bank Owned property in the Boise, Meridian, Eagle, and all of Southwest Idaho areas.
A neighborhood overview:
Downtown Boise is Boise’s cultural center and home to many small businesses and several high-rises. The area has an array of shopping and dining choices. Centrally, 8th Street contains a pedestrian zone with streetside cafes and restaurants. The neighborhood is home to many local restaurants, bars and boutiques and supports a lively night life.
Boise North End
The North End, which contains many of Boise’s older homes, is known for its tree-lined drives such as Harrison Boulevard, and for its quiet neighborhoods near the downtown area. Downtown Boise is visible from Camel’s Back Park. On 13th Street, Hyde Park is home to four small restaurants and other businesses. The North End also hosts events such as the annual Hyde Park Street Fair.
Southwest Boise has traditionally been known for its more bucolic aesthetics. It contains sparsely populated neighborhoods built from the 1960s to the early 1980s. Many include acre-sized plots and the occasional farmhouse and pasture. Growth in the area was limited in the 1980s due to a moratorium on new construction to prevent urban sprawl. Since this has been lifted there has been widespread growth of new homes and neighborhoods. The area lies fairly close to Interstate 84, theaters, shopping, the airport, golf and the Boise Bench area.
Northwest Boise lies blanketed against the Boise Foothills to the north, the major thoroughfare State Street to the south, the city of Eagle to the west, and Downtown Boise to the east. It contains an eclectic mix of old and new neighborhoods, including Lakeharbor, which features the private Silver Lake, a reclaimed quarry. Northwest Boise has some pockets of older homes with a similar aesthetic to the North End, yet housing prices tend to be lower. Downtown is minutes away, as is Veteran’s Memorial Park and easy access to the Boise Greenbelt. Across the river sits the Boise Bench and to the west is fast access to the bedroom communities of Eagle, Star, and Middleton.
Warm Springs is centered around the tree-lined Warm Springs Avenue and contains some of Boise’s largest and most expensive homes (many of which were erected by wealthy miners and businessmen around the turn of the 20th century; Victorian styles feature prominently). The area gets its name from the natural hot springs that flow from Boise’s fault line and warm many of the homes in the area. The far east end of Warm Springs was once known as Barber Town, featuring a hotel with hot springs nestled into the foothills. It now has some new residential developments, with easy access to Highway 21, which leads to the south-central Idaho mountains, the Boise River, the Boise Foothills, and the Idaho Shakespeare Festival.
South East Boise
South East Boise spans from Boise State University to Micron Technology – all areas between Federal Way and the Boise River. The older area just south of the University can be described as a cross between the North End and the Boise bench. The rest of South East Boise was developed in the last thirty years with suburban style homes. Unlike the more typical flat suburban sprawl, residents of South East Boise are reminded of their city’s natural beauty as they catch a close view of Table Rock, or drive along the winding Parkcenter Blvd. along the Boise River. Columbia Village and the older subdivision Oregon Trail Heights, were the first major planned communities in South East Boise with an elementary and middle school all within walking distance from all homes. Developed with the middle carved out for schools and a large soccer complex (over 20 fields), as well as a baseball complex, swimming pools, and the best view in the valley. Most people consider this end of Boise a hidden gem as just about everything is about 15 minutes from home: the river, greenbelt, the mountains, lakes, snow, high mountain desert, and more. The subdivision is located at the intersections of Interstate 84, Idaho 21, and Federal Way (former US Highway), which are all major arteries to get anywhere in Boise. On August 25th, 2008 at about 7:00 pm a fire started near Amity and Holcomb during a major wind storm and destroyed 10 houses and damaged 9. A linguistics professor at Boise State University lost her life in the fire.
The Boise Bench
The Boise Bench is south of Downtown Boise and is raised in elevation approximately 60 feet (18 m). The bench is named such because the sudden rise in elevation gives the prominent appearance of a step, or bench. The Bench (or Benches, there are 3 actual benches throughout the Boise Valley) was created as an ancient shoreline to the old river channel. The Bench is home to the old Boise Train Depot and extensive residential neighborhoods. Due south of the Boise Bench is the Boise Airport, raised up on another “bench”.
West Boise is home to Boise Towne Square Mall, the largest in the state, as well as numerous restaurants, strip malls, and residential developments ranging from new subdivisions to apartment complexes. Hewlett Packard’s Printing Division is located here. It is relatively the flatest section of Boise, with sweeping views of the Boise Front.
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