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
This month’s 
This Saturday (June 19), the folks over at our Pioneer Title Co – Emmett, ID office are once again sponsoring Emmett’s Annual Cherry Festival Pie Eating contest. It’s part of a series of events for Emmett’s Cherry Festival that has its beginning roots (or, stems) in the 1930s. The Cherry Festival runs from Wednesday, June 16 and concludes Saturday, June 19th.