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Real Estate News

Stay informed on major Kootenai County real estate news. Browse our articles below.

Updated 3 months, 4 weeks ago

Marty and Max: Fernan Lake — Passion, Persistence, and Community Spirit

Fernan Lake and its surrounding area offer a unique blend of country charm and urban convenience.

Updated 13 years, 7 months ago
Sales are neck and neck year over year

Many of the agents we spoke with last week are saying they are busy so we wanted to see why. On Friday, we checked the Coeur d'Alene Multiple Listing Service to see how the market was stacking up to last year. Reme…

Updated 13 years, 8 months ago
Seniors have housing options

The longer we stay in a home the less we use it. Or so it would seem. Many seniors are discovering that the house they loved, the home they raised their families in, now seems massive. Often they discover that they…

Updated 13 years, 8 months ago
Discount for foreclosed homes widened in 2010

LOS ANGELES - The gap between the average sale price of a foreclosed home and that of other properties grew wider last year, giving homebuyers who snapped up bank-owned homes big discounts.

Updated 13 years, 8 months ago
Seller beware of scam artists

These difficult economic times have some people grasping at straws for ways to make ends meet. This presents opportunity for "quick fix" scam artists that can rob people of the equity in their homes. Usually these …

Updated 13 years, 8 months ago
White House wants less government in mortgage system

WASHINGTON - The Obama administration wants to shrink the government's role in the mortgage system - a proposal that would remake decades of federal policy aimed at getting Americans to buy homes and would probably…

Updated 13 years, 8 months ago
Rising mortgage rates cause concern

Although our customary check of the Idaho Housing and Finance Association's website on Friday showed their rate held at 4.88 percent for a 30-year mortgage, other lenders are seeing increases in those rates. Freddi…

Updated 13 years, 8 months ago
Industrial chic goes suburban

The builders of the early 20th century's factories and warehouses would be amazed. Elements used back then to create sparse, utilitarian workspaces - things li…

Updated 13 years, 8 months ago
Rate on 30-year fixed mortgage rises to 4.81 percent

NEW YORK - The average rate on the 30-year fixed mortgage edged up this week as bond yields increased.

Updated 13 years, 8 months ago
Early numbers show increased activity

Although very preliminary, meaning the stats are not boiled down yet, January sales totals indicate a 37 percent increase in number over last January and an 11 percent increase over January 2009 giving us the stron…

Updated 13 years, 8 months ago
Cheap money may drive housing

The recent dip in mortgage rates may provide a boost in demand for housing. As of Friday the Idaho Housing and Finance Association website (ihfa.org) showed a 30-year fixed rate mortgage at 4.75 percent once again.…

Updated 13 years, 8 months ago
Rate on 30-year fixed mortgage rises to 4.80 percent

LOS ANGELES - The average rate on a 30-year fixed mortgage rose for the second week in a row, buoyed by higher bond yields.

Updated 13 years, 8 months ago
Second wave of housing bust hammers more cities

A second wave of falling home prices is battering some cities that had escaped the worst of the housing market bust.

Updated 13 years, 9 months ago
Is HUD right option for you?

What makes a HUD home a "HUD?" The previous owner defaulted on their FHA insured mortgage and now it has been given back from the bank to the federal government in order to get it sold. At the time they are availab…

Updated 13 years, 9 months ago
Homebuilder sentiment index unchanged

LOS ANGELES - U.S. homebuilders remain discouraged over the prospects for improved home sales in the months ahead, unconvinced as yet that the economy will spu…

Updated 13 years, 9 months ago
2010 sales finish ahead of 2009

Buoyed by sales of homes on acreage and discounted condominiums, we ended last year with an increase in sales activity. Unlike the condo market though, the homes on acreage category showed an increase in average pr…