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
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.
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…
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.…
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.
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.
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…
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…
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…
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…