Idaho
Idaho gas prices inch up
COEUR d’ALENE — According to AAA, Monday’s average price for a gallon of regular in the Gem State was $2.92, which is 3 cents more than a week ago, but 16 cents less than a month ago and 75 cents cheaper than a year ago.
The national average sits at $3.20 per gallon, which is 5 cents more than a week ago and 13 cents more than a month ago, but 22 cents cheaper than a year ago.
Some stations in the Coeur d’Alene area were under $3 a gallon Monday, but most were in the $3.05 to $3.10 range.
Idaho ranks 34th in the country for most expensive fuel. The Gem State’s average is typically 30-50 cents higher than the national average, but today, the reverse is true, AAA said.
“Gasoline demand is rising, and inventories are shrinking, creating upward pressure on prices across the nation,” said AAA Idaho public affairs director Matthew Conde. “However, the effect has been somewhat dampened in our region by strong refinery production. Pump prices may wobble back and forth this week, but a trend of more expensive fill-ups is likely on the horizon.”
According to the latest report by the Energy Information Administration, refineries across the country are operating at 82% of capacity, but production in the Rockies region shot up to nearly 91%. If production remains high, it could cushion the blow at Idaho pumps, according to AAA.
But U.S. gasoline demand jumped by nearly 600,000 barrels per day, and stocks decreased by three million barrels.
Some Idaho gas prices as of Monday: Boise, $2.90; Franklin, $2.85; Idaho Falls, $2.74; Lewiston, $3.14 and Twin Falls, $2.82.
Idaho
Idaho Falls senior Grace Fuger a leader on the court and the classroom – East Idaho News
Editor’s note: The Athlete of the Week feature will be a weekly series highlighting the many standout athletes of eastern Idaho.
IDAHO FALLS — For as long as she can remember, Grace Fuger has been an athlete. She grew up playing numerous sports, but it was volleyball that stuck.
Now, the Idaho Falls High School senior is just a few months shy of an early graduation. After that, her volleyball journey will take her to Texas, where she will join a Baylor University team currently ranked 18th in the NCAA.
“(Volleyball) felt like something that I could really be myself in, and really express myself,” she told EastIdahoNews.com. “I love the way I am when I play volleyball, it makes me a better person.”
Fuger plays libero — the player on the court wearing a different-colored jersey. The libero’s job is to focus on defense, specifically receiving serves and passing hits from the opposition. She does not play at the net and, on some teams, would not be used for serving.
Fuger explained that because her job is to focus on passing, it is important that she is as perfect as possible when she is passing, digging, or chasing a free ball.
“You really only get noticed when you’re either doing really good and getting those one-armed digs, or you’re doing really bad,” she said.
Fuger has helped her Tigers get off to a 7-4-1 start, including a Sept. 11 win over Skyline in their conference opener.
Fuger was in fifth grade when she decided to pursue volleyball. With her team needing a coach, her father, Bill Fuger, who had never played volleyball before, accepted the responsibility. The decision, he said, was one made out of necessity, but it did not take long for him to realize his daughter had outgrown his knowledge of the game.
“At her early age, I did OK,” Bill said. “But I knew by the time Grace was in the sixth grade that she was past my abilities to coach her.”
Now, rather than coaching, he gets to sit in the bleachers and marvel at the effort Grace puts into every play.
Having to “play up” — with girls older than her — from an early age, Bill said, Grace adopted the mantra, “never let the ball drop.” Seven years later, she still plays with that approach.
“You’ll see her flying into the bleachers — she’s toned it down a little bit now, but she still will get after it,” he said.
As her time with the Idaho Falls volleyball team winds to an end, so too does her time in Idaho Falls.
Grace will graduate early in January before heading to Baylor, where she will be taking college classes before her 18th birthday — in March. She received a walk-on invite from the Baylor volleyball team but admits she bobbled her recruiting.
Coming from a small area, Grace realizes now that she should have been hounding coaching and scouts, rather than waiting for them to find her. Still, despite the limited visibility she received from programs across the country, Fuger received an invite to a camp at Baylor — where she said she “balled out.”
“They loved my passion and energy,” she said.
A devout Christian, her “interesting” recruitment landed her in the perfect situation. She realized during a conversation with head volleyball coach Ryan McGuyre, during which they discussed how “God is always the head recruiting coordinator.”
“God picked Baylor for me,” Grace said. “I’m meant to be there.”
On the court, Fuger said she plays with “confidence and swagger.” Off the court, she is trying to establish a reputation and footprint of visibility.
“For me, it’s all about making a name for myself. I’d like to think I’m doing a good job — I post a lot on TikTok and, actually, just hit 100K followers.”
With her love for social media interactions and brand development, Grace will major in business marketing.
“There’s just a lot of pathways that I can go with that,” she said.
And her family is already planning monthly — “at least” — trips to Texas to see Grace play, along with trips to any regional schools Baylor will visit.
“We’re definitely planning on hitting a lot of the different cities that she’ll be playing in,” Bill said.
Grace plans to “set (her) roots” in Texas after college rather than return to Idaho.
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Idaho
Montana, Idaho pass Cal as most unaffordable for homebuyer
Tim Henderson
(Stateline) At 43, Sharon Reese is a housing market refugee — forced to return to her Ohio hometown after 18 years in Las Vegas, despite a successful career training dancers for nightclub acts.
“If you don’t have between $600,000 and $800,000, you’re not buying a house out there,” Reese said. “Las Vegas has a lot of opportunity, and it was affordable in 2006, but it’s become unaffordable. We quit our jobs and moved across the country. We’re hoping this is the right decision for us.”
Reese and her family are unpacking at her parents’ Youngstown home, a temporary stop until she and her husband, who was a casino worker in Las Vegas, can find jobs and a house of their own with their young daughter. Youngstown is one of the last two metro areas in the country where a household with nearly any income should be able to find a single-family home they can afford to buy, according to an analysis of April data by the National Association of Realtors.
Before the pandemic, there were 20 states that were considered affordable as a whole under the group’s definition, including the presidential election swing states of Michigan, Pennsylvania and Wisconsin. As of this year, there is none. Even the states with the closest match between income and home prices — Iowa, West Virginia, Ohio, Indiana and Michigan — didn’t make the cut.
Since the pandemic, two states, Montana and Idaho, have surpassed California as the most unaffordable states for local homebuyers, according to the analysis. Hawaii and Oregon round out the list of the five least affordable states.
The Realtors’ analysis assigns affordability scores to states and large metro areas on a scale of 0 to 2. A score of 0 means that no household can afford any home on the market.
A score of 1 means that homes on the market are affordable to households in proportion to their position on the income ladder — in other words, 100% of families can afford at least some homes on the market. And a score of 2 would mean that all households can afford all homes on the market, but no state or metropolitan area even reached a 1.
The least affordable metro area was Los Angeles, which scored only 0.3, while the metro areas of Youngstown (0.97) and Akron (0.95) in Ohio were rated most affordable.
According to the latest estimates from July by real estate company Redfin, median single-family home sale prices were $175,000 in Youngstown and $239,500 in Akron. That compared with $487,000 in Las Vegas, $490,000 in Boise and $1 million in the Los Angeles area.
The Las Vegas area, where the Reese family had lived for 18 years, had a score of 0.5 on the Realtors’ scale. No state earned an overall score of 1, though Iowa, West Virginia and Ohio came close, at nearly 0.9. The least affordable states, Montana, Idaho, California, Hawaii and Oregon, all had scores around 0.4.
Nationwide, home affordability has evaporated over the past three years as interest rates have gone up, according to a monitoring index maintained by the Federal Reserve Bank of Atlanta. It measures affordability more simply than the Realtors’ analysis, focusing solely on the ability of a homebuyer with the median household income to buy the median-priced house.
By that measure, the national affordability percentage was above 100% between January 2019 and April 2021. But it fell as low as 67% last year and remained below 70% in June, meaning a homebuyer with the median income had only two-thirds of the earnings needed to buy the median-priced house.
Home prices have increased by nearly 50% since 2020
Home prices have increased by 47% nationwide just since 2020, according to a June report by the Harvard Joint Center for Housing Studies. A major factor is that there aren’t many homes for sale: Many current homeowners are reluctant to sell because they’re locked into historically low interest rates. Meanwhile, investors have gobbled up single-family starter homes, reducing the supply.
Lawrence Yun, chief economist for the National Association of Realtors, said there are signs of more houses coming up for sale. For example, there was a 20% increase in houses and condos for sale in July compared with July 2023, according to the association.
“We are still short on inventory, but I think the worst is over,” Yun said. “We have seen mortgage rates begin to decline, so it’s less of a big financial penalty to move and give up a low interest rate. And the second factor is just the passage of time — life-changing events always occur, a death, a divorce, a new child or just job relocation, and that means changing residence.”
Along with high prices and interest rates, home buyers are getting slammed by higher property taxes and insurance costs, according to the Harvard Joint Center for Housing Studies.
Home prices in northeast Ohio might be lower because the area has a stable population, curbing competition and bidding wars, said Alison Goebel, executive director of the Greater Ohio Policy Center, a Columbus nonprofit aimed at revitalizing Ohio cities.
“Our population numbers have remained fairly steady in the last several decades, so we don’t have egregious demand and supply issues like you see on the West Coast and other rapidly growing areas,” Goebel said.
Housing prices, rent soar in ‘Zoom boom towns’ like Boise, Bozeman
Montana and Idaho are the least affordable states: Housing prices are exploding in both, as deep-pocketed newcomers — many of them white-collar employees working in high-wage jobs based out of state — have driven up prices beyond what longtime residents can afford.
The city of Boise scored 0.4 on the Realtors’ affordability scale, on par with the New York City area. Like Montana, Idaho has natural beauty that is attracting people who are cashing out of more expensive areas, said Nicki Hellenkamp, Boise’s director of housing and homelessness policy.
“It’s one of the Zoom boom towns, where it’s beautiful but the wages are low, and the cost of living is low. If you sell your house in Los Angeles and buy two houses here, as my uncle did, then you can have a very different standard of living,” Hellenkamp said.
It’s not just home prices — rents are up 40% in Boise since the pandemic began, she added.
“Obviously wages didn’t go up 40%, so some people have been displaced,” Hellenkamp said.
The city is working on modest proposals to help with down payments and to create more affordable apartments, she said, but building more affordable housing will mean state and federal cooperation to help solve labor shortages and soaring material costs.
“We can’t do this alone as a city. This issue is a big one,” Hellenkamp said.
A state housing task force in Montana made recommendations in June to streamline construction of houses and apartments statewide and create incentives for cities to loosen zoning and allow denser housing.
A member of the task force, Kendall Cotton, said he personally found it impossible to buy a house in Montana, but was happy to recently purchase half a duplex for his growing family.
“We were thrilled to have that as an option, just to get our foot in the door and start on our journey to homeownership,” Cotton said. “Montana is an in-demand place. We’ve been kind of discovered in the last couple of years.”
Republicans and Democrats have come together to support fighting restrictive zoning, said Cotton, director of the Frontier Institute, a nonprofit policy and educational organization.
“We’re a free-market organization that tends to lead from right of center, but when I was at the governor’s press conference to support these issues, I was standing shoulder to shoulder with a Democratic socialist city council member and we were all united on this,” Cotton said.
Shallon Lester, a YouTube influencer who moved from New York to Montana and paid $1 million for a five-bedroom house in Bozeman in 2022, said she likes the lower cost of living and the lifestyle there. Locals tend to think she’s an outsider “invading” the area, she said, but “people like me take nothing from this economy — we only give. We spend and spend.”
“People who are remote workers are sick of the cost of living in cities,” Lester added. “There’s a mass return to the concept of the simple life.”
Even in the Youngstown metro area, which includes a slice of Pennsylvania, housing can be a challenge for residents with low incomes. A forthcoming regional housing study has found a 4,000-unit shortage for households making less than $25,000 a year; 7,500 people are on a waiting list for subsidized housing. Black and Hispanic residents are more likely to struggle with housing costs, as are older people, young singles and families with young children, according to preliminary conclusions discussed in April.
But for many, Youngstown is a rare island of affordability. Jim Johnston, 40, a digital account executive at media company Nexstar in Youngstown, said many of his high school classmates from the area, who now live in places such as Montana, Illinois and Maryland, envy his decision to stay there and buy a $250,000 house in 2022 when interest rates were lower.
“One of them has a mortgage payment three times mine for the same size house, and a child care bill that’s bigger than my mortgage,” said Johnston. “They could put an extra $50,000 or $60,000 a year in their pockets. Remote work has opened up new possibilities for them, and they’re considering this very seriously.”
Idaho
Cooler, wetter weather bringing relief to the area — and Idaho wildfires
Boise is in for a significant shift in the weather this week, with cooler temperatures and plenty of rain on the horizon. Not only will this bring some comfort after the recent heat, but it’s also great news for firefighting efforts across Idaho. The cooler, wetter conditions will help ease fire activity that’s been affecting the region. Here’s what to expect day by day:
Sunday Night
- A 40% chance of showers and thunderstorms. It will be mostly cloudy, and temperatures will dip to around 55°F. Gusty wind near thunderstorms!
Monday
- Monday kicks off with a chance of showers and the possibility thunderstorms by late in the day. The high will reach around 74°F under mostly cloudy skies, with a 50% chance of rain throughout the day. Gusty wind around storms late in the day!
- Monday Night: The rain intensifies after sunset, with an 80% chance of showers and thunderstorms. Rainfall totals could be between a quarter and half an inch, offering significant relief for our dry landscape. The low will stay cool at 55°F, setting up a wet and chilly night.
Tuesday
- Another round of showers is expected Tuesday, with thunderstorms possible after noon. It’ll be much cooler, with highs only reaching around 65°F, and rainfall amounts could again total between a quarter and half an inch.
- Tuesday Night: Showers will taper off, with just a 30% chance of lingering thunderstorms before midnight. It’ll remain mostly cloudy and cool with a low around 52°F.
- Rainfall Forecast: Widespread rainfall expected Monday through Tuesday, with 0.5-0.8 inches in mountainous areas and 0.3-0.5 inches in lower elevations.
Wednesday
- Showers become more scattered on Wednesday, with a 40% chance of rain mainly in the afternoon. Temperatures will edge up slightly, with a high near 68°F, but expect a mix of clouds and occasional showers.
- Wednesday Night: The chance of rain drops to 20% before midnight, and skies will stay mostly cloudy with a low around 50°F.
Thursday
- The wet weather begins to ease, but there’s still a slight 20% chance of an afternoon shower. Otherwise, it’ll be mostly sunny with a high near 70°F.
- Thursday Night: Skies will clear up overnight, with mostly clear conditions and a low around 50°F.
Friday and Saturday
- To close out the week, Friday and Saturday bring plenty of sunshine with highs around 72°F both days. This will be a great time to enjoy the outdoors after the rain, and fire crews will appreciate the ongoing cooler conditions and reduced fire risk.
This week’s cooler temperatures and steady rain will be a welcome change for Boise and provide crucial help to fire crews working across Idaho. With a significant rainfall potential expect the fire danger to drop significantly.
Stay connected right here for updates to my forecast!
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