Real Estate News
Stay informed on major Kootenai County real estate news. Browse our articles below.
Landowners, Adams district, Nez Perce Tribe restore 1.25 miles of the Little Salmon River
Fencing cattle off of streambanks can make a significant improvement in an area’s water quality
Rising prices show stability
We now have six consecutive months of average price increases in the Coeur d'Alene/Dalton areas of our multiple listing service. With that succession and the continued increases in sales over last year, we will now…
Short sales and housing shortages
A press release last week assures that the process for getting short sales approved is about to get easier. As you know, a short sale is the sale of property where a seller (debtor) agrees to sell for less than the…
Reminders and reflections
As we near the end of another year we take this opportunity to remind you of some important changes with regard to real estate that may affect you or someone you know.
Promise holds out for home sales
As we ease into the fourth quarter of our year we continue to see signs of a slow, but steady recovery in the housing market. Builders reported another increase in new home construction last month. This marks the b…
Weak appraisals fuel slow recovery
You have noted our frustration with the slow recovery in the rural areas of our Multiple Listing Service geography. The increased number of sales in those areas, unlike the more densely populated ones, have not pul…
Realtors concur, market is improving
Last week at The Coeur d'Alene Resort more than 220 Realtors converged to conduct the business of the Idaho Association of Realtors, participate in continuing education and network with peers from across the state.…
Rates low, lenders slow
Many are enjoying the newer, lower mortgage rates it seems, but now borrowers are vying for lenders' time as they compete with those refinancing to take advantage of the lowest rates in history. A quick search of t…
Fed action not panacea for real estate
While it is true that the announcement of the Fed's intent to buy $40 billion of Mortgage Backed Securities was received well by Wall Street and interest rates pierced previous historic lows, consumers may not see …
ULUC a collaborative effort
As the Kootenai County Commissioners work toward adopting the new Unified Land Use Code (ULUC) tension has risen among some members of the community regarding the process as well as the absolute direction of the co…
Real estate recovery continues locally
As you no doubt have heard, parts of the country are experiencing growth in the housing market. The same holds true here although, like the nation, our recovering areas are in pockets within our local geography.
More than one way to lose money
Here before, we have addressed the "fence sitter" and have described the folly of waiting for the bottom of the market. As we have reported, in many parts of North Idaho, the bottom has passed and we are on our way…
Missed it again
We told you here a few weeks ago that if you were waiting for the bottom of the market in Coeur d'Alene and Hayden you likely missed it. Last month's sales figures continue to prove that point. If, on the other han…
It is more than a moral issue
Even though the real estate market is limping into its continued recovery and foreclosures seem to have subsided a bit, there are still many folks who are finding it increasingly difficult to stay in their homes. S…
Time is running out
You have read about the changes in the market, with city real estate increasing in price. More than escalating prices, there is another threat to low income buyers and it is getting closer.
You saw it here first
Several weeks ago we reported that those of you who were waiting for the bottom of the market had likely missed it. The last few months sales figures show increases in sales in most areas and average price increase…