Matt Paskash | idaho@work

As an area’s population grows, so does the demand for housing, which means rising prices and growing incentive for developers to build.

At that point housing developers face a choice of what type of housing to build. Single family units? Multi-unit structures? This decision can be based on several factors — from household preferences and incomes, geographic constraints, as well as government policies such as taxes, subsidies and regulations.

Publicly available data on authorized permits for new privately owned housing units helps to visualize this decision, mainly by organizing permits into size classes (single-unit vs. multi-unit structures) and average permit valuation per unit.

Developers in Idaho, like the nation overall, are biased towards building higher-valued, single-unit structures, though lower-valued, multi-unit structures have been growing in share.

A report delving more deeply into the topic, ” The composition of new private housing permits authorized in Idaho” can be found on the Idaho Department of Labor website.

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This Idaho Department of Labor report is 100% funded by USDOL as part of an Employment and Training Administration award totaling $1,039,383.

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

Northwest Specialty Hospital has sold its facilities and property to a Milwaukee-based investment company. The hospital will now be a tenant in the buildings which it formerly owned. The hospital is physician owned and opted to sell as many of the founding providers are nearing retirement and wish to sell their shares. Source: Journal of Business
The Athol Retail Park is expanding, with a variety of new businesses planned for the growing commercial zone. New businesses include a Northwest Specialty Hospital clinic, a physical therapy office and a variety of retail and restaurant establishments. Source: Coeur d’Alene Press
Josephs’ Clinic is now open in Post Falls. The new clinic treats ear, nose, throat and allergy conditions and offers relevant outpatient procedures and surgeries. Source: Coeur d’Alene Press
North Idaho College is moving forward with its long-term expansion and renovation plans. Two openings were celebrated – including the expansion of the Meyer Health and Sciences Building and the grand opening of the new Dental Hygiene Clinic. The college’s trustees approved the purchase of additional adjacent residential property to support the college’s long-range strategic plans. Source: Coeur d’Alene Press

Openings – Coeur d’Alene