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Real Estate News
Stay informed on major Kootenai County real estate news. Browse our articles below.
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.
Forecast sees job growth lifting housing in 2011
ORLANDO, Fla. - The housing market could gradually begin to emerge from its doldrums this year, industry experts said Wednesday, but their forecast depends on a steady ramp-up in hiring and for the U.S. jobless rat…
30-year fixed mortgage rate dips to 4.77 percent
NEW YORK - Rates on fixed mortgages dipped this week after rising steadily over the last two months.
Santa Monica Pier amusement park sold for $34M
SANTA MONICA, Calif. (AP) - The Ferris wheel and other amusements on the Santa Monica Pier have been sold.
Loss of deduction will be blow to housing
As Congress looks for ways to trim the deficit they are sure to look again at eliminating the Mortgage Interest Deduction (MID). This deduction has been an incentive for homeownership for more than 80 years. Many h…
Rise in signed contracts gives housing market lift
NEW YORK - People are starting to buy homes again, lifting a battered industry that is bracing for its worst sales year in more than a decade.
A new decade begins
One of the great things about a new year is just that, its newness. It offers a clean slate and a chance to start over, building a better year than the last. Yet, as we begin the new year the prospects are cloudy. …
Rethinking holiday decor
Silver bells. Mistletoe. A miniature sleigh with eight tiny reindeer. Familiar cliches surround us at the holidays, and many have found their way into our seas…
We are all in it together
In this last column of the year we reflect a bit and project a bit, at least as well as we are able in these uncertain times.
Cheer up, things could be worse
So the old saying goes. "And then I cheered up and sure enough, things got worse," said the curmudgeon. But things don't appear to be getting worse in our real estate market.
Too serious for confusion
It is a pet peeve when people use industry vernacular in a discussion. Their acronyms and abbreviations don't mean a lot to people outside their profession and only serve to create confusion and misunderstanding. I…
The time is right to buy or sell
This week's news of rising interest rates should get the attention of those contemplating a change in their housing status. These last three weeks we have seen a modest rise in interest rates among the nation's len…
Some foreclosures continue to stall
Several weeks ago, we told you about foreclosures being halted by major banks due to confusion about the true ownership of the mortgages. Regular readers will remember that shortly after that article appeared, some…
Sales tax on home sales?
Not yet. The Internet is a wonderful tool that makes mass communication a viable option for anyone with access. Unfortunately, as with any tool, there is misuse as those with less than honorable intentions use the …
Local home sales still ahead of last year
The staff at the local Multiple Listing Service (MLS) has completed their monthly compilation of statistical information for area sales. The good news is we are still running ahead of 2009 in total sales.
Not much change in the market
As we continue to watch market conditions we see little change in local real estate since we last reported. Agents continue to report steady activity and attribute it in part to the attractive mortgage interest rat…