6
Jan, 2012
Posted in Community Events, Community Service, Treasure Valley

Give blood!

PTC and the American Red Cross have come together to host the second annual Battle of the Counties Blood Drive. Please join us to help your county win lifesaver bragging rights! Here’s how you can help…

For Canyon County, Idaho residents:
Stop by on Friday, February 10th from 9am – 1pm at our Idaho Center Office

For Ada County, Idaho residents:
Stop by on Monday, February 13th from 9am – 1pm at our Rifleman Street Office.

Donating is fast, easy and can save lives. To schedule a date in your Ada or Canyon County, please contact Gwen Main at 208.870.8300. Help us show the heart of PTC and help save lives; may the best county win!

Download the flyer for full information on how you can help

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5
Jan, 2012
Posted in Community Service, Green / Sustainability, Tips, Treasure Valley

Bags, bags, and more bags…

The Bag Ladies

It’s a safe bet that nearly everyone has a drawer, cupboard or pantry space dedicated to storing those plastic grocery bags. You never quite know what to do with them and only when you’re at the grocery store, are you reminded that your market accepts these bags for recycling. Pioneer’s own, Stephanie McCracken took the competitive approach and inadvertently offered to have everyone’s grocery bag stockpile recycled through an interoffice competition. The month-long contest began on December 1st and garnered almost 60 (yes, sixty) pounds of grocery bags destined for the recycling center. Our Meridian office was the big winner and will be rewarded with a fully-catered lunch. Competitive recycling…whoda thought?

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16
Dec, 2011
Posted in Boise, KTVB, Media, PTC Index, Treasure Valley

How did real estate in 2011 shape up?

Pioneer Title Co. President & CEO, Tim Bundgard, sat down with KTVB’s Carolyn Holly on Wednesday to discuss the PTC Index shows about Treasure Valley real estate in 2011. Tim describes the stabilization of our markets along with increases in building permits and average sales prices, up across the board while the number of distressed properties make a decline. Check out the video below for the full interview.

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13
Dec, 2011
Posted in PTC Index, Treasure Valley

PTCIndex – November 2011

The PTC Index - Nov 2011The holiday season is once again in full swing and it is quite evident that in November, the real estate market is taking a break from the somewhat busier late summer/early fall months. Since October, new and existing home sales took a downturn of 15% and 10.5%, respectively. Building permits, however, jumped by 13% and average Treasure Valley sales price increased by 5% from the month prior from $138,974 to $146,492. Distressed properties (short sales and REO properties) and notices of default made a decline by 3% and 2% respectively. Categorically speaking, we expect to see sustained or slight increases in the historically slower months of real estate activity in the midst of the holiday season.

Update:

You asked, we listened! The PTC Index is now broken down by county so you can compare numbers in both Ada and Canyon as well as the classic, valley-wide view. Check it out…

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21
Jun, 2011
Posted in Events, Pioneer Title Company, Treasure Valley, Website

PTC Sync is coming…

In a previous post, we wrote about many cloud-based services to keep things tidy in your digital life. All the while, we’ve been quietly working on a cloud-based offering of our own: PTC-Sync. It’s a whole new way to keep track of your transactions with us and offers our Escrow Officers to work with you from anywhere. Find out more and sign up to be notified when PTC Sync hits the street by visiting the official PTC Sync page.

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1
Jun, 2011
Posted in KTVB, Media, PTC Index, Pioneer Title Company, Treasure Valley

Consistency is key…

Tim Bundgard visits KTVB Last week, our CEO Tim Bundgard sat down with KTVB’s Carolyn Holly to discuss the state of the real estate market. Tim discussed the PTC Index showing housing prices leveling off after some decreases in early 2011. Check out the video for the full interview!

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16
May, 2011
Posted in Media, PTC Index, Pioneer Title Company, Treasure Valley

Building Permits, New Home Sales make gains in April…

PTC IndexThe first quarter of 2011 is finally in the books and April brought moderate gains in different areas that comprise the PTC Index. Building permits in April where up a whopping 16% over March, while new homes sales and existing home sales were up 8% and 5%, respectively within the same month over month time period. Distressed properties (short sales and bank-owned) and notices of default showed decreases of 3% and 10%, respectively. Days on market also fell 7% from 98 days to 91 days. The average Treasure Valley home sales price also fell slightly; Canyon County’s average sales price fell 1% to $93,524 while Ada County increased to $165,064. Hop on over to PTCIndex.com to check out full details…

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21
Apr, 2011
Posted in Idaho Business Review, Media, PTC Index, Pioneer Title Company, Treasure Valley

What PTC Index says about local housing market…

President of Pioneer Title Co., Tim Bundgard this week wrote a guest column for the Idaho Business Review forecasting real estate in 2011. He referenced the PTC Index, a monthly measurement of the health of the Treasure Valley real estate market, as a baseline for his forecast…

“…When the federal government introduced its first-time homebuyer program a few years ago, it incentivized buyers with a tax credit and, in turn, spurred home sales. Many people took advantage of this inducement; the first-time homebuyer tax credit, however, was a temporary fix and may have prolonged a full recovery.

Our index shows that new home sales at a monthly average of 117, 91 and 94 in 2009, 2010 and 2011, respectively. It is evident that even as 2009 brought above-average numbers in the historical sense, post-incentive years show growth, albeit in small increments.” Read the full article…

Excerpt courtesy of the Idaho Business Review

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18
Apr, 2011
Posted in KTVB, Media, PTC Index, Pioneer Title Company, Treasure Valley

Low prices, higher sales…

President & CEO Tim Bundgard appeared on KTVB’s It’ Your Business Segment with Carolyn Holly to discuss housing prices and what he expects in the coming year. Tim also discussed recent PTC Index numbers, showing positive growth in home prices and higher existing home sales numbers. Click the image above to check out the full interview…

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14
Apr, 2011
Posted in Media, PTC Index, Pioneer Title Company, Treasure Valley

Average sales price, existing homes sales increase in March.

With the buying season in full swing, this month’s index shows many positive gains across the board. Notices of default were up 17%, but in comparison to February, building permits, new home sales and existing home sales each had increases of 13 percent, 23 percent and 22 percent, respectively. The average sales price is up 6 percent at $129,320 from $121,684 in February. Ada recorded an average sales price of $163,881 while Canyon County inched up to $94,759. The second calendar quarter is historically the strong selling season and we should continue to see sustained or increased sales activity as we head into the late spring and summer months. Head on over to PTCindex.com to check out numbers for march…

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