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Nampa, Idaho Raises Impact Fees on New Home Construction – raising the cost paid by developers to $3,678 per new home and $2,629 per new apartment, effective in July. For single family home builders, this marks more than double the previous cost of impact.
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Rising mortgage rates hit new home sales hard, a bad sign for builders – Sales of newly built homes are falling, and the culprit is clear. Homebuyers increasingly can't afford what they want. Higher mortgage rates.
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