TAX CREDIT IS TAKING EFFECT

Closings in Ada County were down 14% in April from the same month last year, but pending sales were up 14%, showing signs of a more active market, particularly in the lower price ranges.  77% of the closings in the last year and 88% in the last 90 days were under $300,000.

Closings in Canyon County were down 4% in April from the same month last year and sales were up 10%.  93% of the closings in the last year were under $250,000, 95% in the last 90 days.