Bonneville County real estate market shows sharp jump in median home prices

Bonneville County real estate numbers from the Snake River Multiple Listing Service for the first seven months of this year show that while houses are selling in about the same numbers, prices are up dramatically along with new listings, and properties are selling faster than they were last year.

If you look at the median price from 2011 -- $134,578 -- compared to the median price this year -- $193,121 -- you've got an increase of 43 percent. It would be hard not to conclude that the market has rebounded from the hole it was in.

We took a look at the HPI Calculator to find out the value today of a house valued at $134,578 in the second quarter of 2011 and it shows that house would be worth $186,894, a 38 percent increase.

All in all, if you're thinking about selling a home you've been hanging onto for a while, it looks like now would be a pretty good time to do it. Of course, you'd have to find some other living arrangements, wouldn't you?

 

A.C. Moore holding grand openings Saturday in Idaho Falls, Rexburg

A.C. Moore now occupies the two Porter's stores in Idaho Falls and Rexburg.

A.C. Moore, a New Jersey-based arts and crafts retail chain, will be opening its first stores in Idaho this Saturday, in Rexburg and Idaho Falls.

The company will kick off a craft-filled grand opening weekend with doorbuster deals, giveaways, special discounts and free $10 gift cards to the first 100 customers at both locations.

Both stores are where Porter’s Craft & Frame used to be. A.C. Moore started as a single crafts store in Moorestown, N.J. in 1985. It has since grown to more than 130 stores, mainly on the East Coast.

The grand opening will showcase more than 40,000 arts and crafts products, home decor, special occasion accessories, and kids’ activities. A.C. Moore also offers custom framing, as well as free floral arranging from in-store designers.

College students, teachers, and members of the military receive a 15 percent discount on purchases.

“The A.C. Moore family is growing, and we can’t wait to share our value-trusted products and unmatched in-store shopping experience with the creative community of Idaho,” said A.C. Moore President Anthony Piperno. “We will work hard to uphold the legacy left behind by the Porters, and look forward to building our own personal and inspiring relationship with the community for many years to come.”

The stores — at 19 College Ave., in Rexburg, and 2455 E. 25th St. in Idaho Falls — open Saturday at 8 a.m.

Cardamom Indian restaurant opening in downtown Idaho Falls today

The staff at Cardamom, a new downtown Indian restaurant, enjoy some down time Friday afternoon.

Here’s a heads-up for all of you people eager for a new place to eat: Cardamom, a new Indian restaurant in downtown Idaho Falls, is having its soft opening today.

Located at Park Avenue and B Street, the restaurant is owned by Sheba Bakshi-Sofi and her husband, Javed. A native of Kashmir, in the north of India, Bakshi-Sofi has lived in the United States for more than 40 years. She has worked for Nestle and Con-Agra Foods, and was most recently vice-president of international marketing for Melaleuca, Inc.

She left Melaleuca earlier this year to pursue her restaurant dream, and on Friday morning it was her former Melaleuca colleagues she invited to the restaurant for a trial run. “There were 40 to 45 people, which was more than I expected,” she said. “I told them ‘Don’t hold back, order anything off the menu you want.’”

Kashmir is unlike the rest of India in that it borders China, Russia, Afghanistan and Pakistan. Its cuisine is a reflection of its crossroads status, and Bakshi-Sofi said they wanted to be eclectic when it came to Cardamom’s menu. “You’ll find dishes traditionally not on the big menus,” she said. “We do serve Chicken Tikka Masala, though.”

In addition to her husband, Bakshi-Sofi’s mother, Nasira Sofi, has been involved in menu decisions and training the staff. Cardamom has five people in the kitchen, led by head chef Jessica Guison and sous chef Stuart Stansifer. Emily Ketchum is taking care of the front-of-house.

Located in the Earl Building, 501 Park Avenue, Cardamom has capacity for about 70 dinners. Bakshi-Sofi said they are planning a grand opening for Sept. 7. “We have fallen in love with downtown,” she said. “Your have to really love what you do to make things happen.”

Six GEM Fellows study at INL this summer

INL’s first GEM Fellows (from left): Jordan Galloway, Denise Owusu, Stephanie Jones, Diana Perales, Terrence Buck (program manager), Malik Hayes, Jorge Ramirez

As part of Idaho National Laboratory’s inclusive diversity efforts, the lab has recruited its first cohort of GEM Fellows. The six students arrived in June to begin their internship experience.

Established in the mid-1970s, the National GEM Consortium’s mission is to increase the involvement of underrepresented talent pursuing advanced degrees in science and engineering. GEM interns work as paid summer interns while completing their studies, offering public- and private-sector employers the opportunity to assess their abilities. The GEM partnership allows the laboratory to develop grant proposals with underrepresented universities, encouraging some to become GEM schools.

Terrence Buck, an INL senior inclusion and diversity consultant, manages the GEM program at the laboratory. A New York native, he has been a GEM board member for 15 years and brought the program to INL when he started working at the laboratory last May.

“The program is designed to identify, recruit and bring underrepresented talent to STEM,” he said. “The three most underrepresented groups are blacks, Hispanics, and Native Americans. By recruiting these GEM Fellows to INL, we are providing them real hands-on experience at a leading research institution. Ultimately, we would like to see these experiences translate into full-time positions here at INL.”

Representatives from INL’s senior leadership team and the GEM CEO met last August to discuss INL’s mission and vision and determine if GEM and INL were a good match. “The team decided it was a good fit,” said Buck. “These fellowship interns will bring their unique backgrounds and innovative ideas to INL.”

The following are the first six GEM Fellows to begin their intern experience at INL:

Jordan Galloway, University of California, Merced
Field of Study: Chemistry, Ph.D.
INL Mentor: Dr. Shannon Bragg-Sitton

Malik Hayes, Georgia Institute of Technology
Field of Study: Computer Science, M.S.
Virginia Wright

Stephanie Jones, Northwestern University
Field of Study: Computer Science, Ph.D.
INL Mentor: Virginia Wright

Denise Owusu, Carnegie Mellon University
Field of Study: Energy Engineering & Technology Innovation Management, M.S.
INL Mentor: Dr. Shannon Bragg-Sitton

Diana Perales, Purdue University
Field of Study: Chemistry, Ph.D.
INL Mentor: Dr. Russell Watson

Jorge Ramirez, Purdue University
Field of Study: Materials Science, Ph.D.
INL Mentor: Dr. Gabriel Ilevbare

Fall River Electric board names new director

Jeff Keay

Fall River Electric’s Board of Directors has selected Jeff Keay of Island Park to fill the remaining two years of board member Ralph Burton’s term, which expires in June 2020.

Burton moved from the area, leaving a vacancy the board was required to fill by appointment. Keay was one of four candidates who were interviewed by the full board. He lives in District 8, which comprises members residing in northern Island Park.

Keay is the retired deputy regional director of the U.S. Geological Survey, where he guided 13 scientific research centers with 1,500 employees in five western states. He holds a doctorate in wildlife resources from the University of Idaho. Keay has extensive experience in budgeting, ethical and safety issues, as well as policy development and implementation.

“Jeff’s experience and background will provide a new and exciting
dimension to our board. We look forward to his future contributions,” said Fall River Electric CEO/General Manager Bryan Case.

Fall River Electric’s board of directors consists of nine members from all parts of the co-op’s service territory. Each board member is elected to a three-year term by the owner-members. The board manages the business and provides direction to the co-op’s CEO, who has the responsibility for managing the day-to-day affairs.

The board meets monthly at the cooperative’s headquarters in Ashton. The minutes of their meetings are posted on the co-op’s website, www.fallriverelectric.com.