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
Government makes changes to help underwater owners
Although of little consolation to homeowners whose loans were not sold to Fannie Mae and Freddie Mac, there may be some much needed help for those who were.
Why now may be the best time to sell
Interest rates for 30-year conventional loans fell back to 3.75 percent last week. This leaves qualified buyers in a strong position. Those who already own a home, financed at a higher rate when prices were higher …
Where the money goes
This is an expensive business. With advertising, fuel and membership fees, all necessary to serve our clients, Realtors make a significant investment each year. This time of year, with holidays and gifts that each …
Sales continue above 2010
As promised, the staff of the Coeur d'Alene Multiple Listing Service has completed the monthly task of compiling October sales figures and we can now present them to you. Each month staff takes care to ensure all s…
More and more, real estate is a global concern
Whether you agree or not, government plays a role in the housing market. From the Government Sponsored Enterprises, like Fannie Mae and Freddie Mack to the loans insured by the Small Business Administration, Federa…
NAR issues five-point plan for housing
A policy meeting early this month meant a meeting of two of the nation's respected think tanks - the Progressive Policy Institute and Economic Policies for the 21st Century. Due to the continued lackluster state of…
Market activity positive in third quarter
It's easy to look around and be gloomy, but there is always something positive to be found if you look closely enough. Just as we reported here last week, we are slightly ahead of last year's total number of sales …
The weather changes, the market does not
Many have long held that the best time to sell real estate is during the summer months when the weather is nice. Some think that people move more when school is out. Although more people list their properties for s…
Local Multiple Listing Service best option
Over the past 10 years we Realtors have found more and more opportunities to expose your listing to prospective buyers. Craigslist now is commonly used and many of you who desire to sell your own property use this …
Distressed properties present challenges
Persistent unemployment likely means that we will continue to see a certain amount of distressed properties that many view as opportunities. Of course, these properties usually are priced to move, but when they are…
Fed seeks solutions for foreclosed inventory
With the foreclosure market still strong, the government is debating what actions to take. Last week's announcement by the Fed that they were looking at ways to lower mortgage interest rates even more is likely to …
What would Buffett do?
In light of the current uncertainty in the real estate market, if you were thinking of Jimmy Buffett, your answer may be, "Blend another Margarita." If, on the other hand, you were thinking Warren Buffett, your ans…
Local real estate sees improvement
The Coeur d'Alene Multiple Listing Service covers a wide geographical area, so to say the market is better than last year requires qualification. Overall, we are performing better than last year but prices in Coeur…
August performance exceeds expectations
With all the bad news about it is easy to be affected. It seems though that there are plenty of folks who see opportunity and are prepared to answer when it knocks. With loans for residential real estate still belo…
Realtors lobby for help with home ownership
In a market many describe as "sluggish" Realtors continue to press for solutions. This past week a number of sources report that Washington is considering several proposals to breathe life back into the housing ind…