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First Rate Property Management Blog

Blog Post SW Idaho NARPM Vacancy Report for Q3 of 2022

SW Idaho NARPM Vacancy Report for Q3 of 2022

The Nation Association of Residential Property Managers has released the latest vacancy reports from Q3 of 2022. The data indicates that vacancy rates in both Ada and Canyon County have increased from 2022 Q2 to Q3, as well as Q3 of 2021 to Q3 of 2022, for a an average of 3.48% f...
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Blog Post SW Idaho NARPM Vacancy Report for Q2 of 2022

SW Idaho NARPM Vacancy Report for Q2 of 2022

The rental market in SW Idaho remains competitive as Q2 of 2022 comes to a close. Vacancy reports recently released from the National Association of Residential Property Management indicate that in Ada County, the average vacancy rate for single family homes was 2.19% and for mul...
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Blog Post Q4 NARPM Vacancy Report for the Treasure Valley

Q4 NARPM Vacancy Report for the Treasure Valley

The National Association of Residential Property Management has released the vacancy report for Q4 of 2021.  After seeing an all time low in the first quarter (.81%), vacancies rose steadily throughout the year into Q2 and Q3. In Q4, when inventory is at its lowest, we saw r...
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Blog Post Q3 SW Idaho NARPM Vacancy Report 2021

Q3 SW Idaho NARPM Vacancy Report 2021

Closing out Q3 of 2021, vacancy reports from the National Association of Residential Property Management indicate the rates have increased to 3.3%. However, looking back at the 3rd quarter of 2020 to the 3rd quarter of 2021, rates have decreased overall by 1.22%. First Rate avera...
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Blog Post SW Idaho NARPM Vacancy Report Q4 2020

SW Idaho NARPM Vacancy Report Q4 2020

Closing out 2020, Q4 Vacancy Reports from the National Association of Residential Property Management indicated the lowest vacancy rates that has been reported in over 15 years! As Idahoans continue to spend more time at home as a result of the lingering COVID-19 pandemic, low va...
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Blog Post Boise Housing Market Continues to Break Records

Boise Housing Market Continues to Break Records

As the Boise housing market continues to break records for high prices and low inventory, local renters who are on the quest for homeownership are finding it more and more difficult to make the transition. In August 2020, the average median home price in Boise reached $400,000 fo...
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