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
More statistics for the numerically minded
A reader correctly bemoaned the fact that many of our outlying areas were not included in last week's report. When asked, "Why?," we had to pause. One reason is that the smaller numbers in the less populated areas,…
Sales still strong, price declines slow
It's hard to believe the year is 70 percent passed already. Judging from our trends so far, the local real estate market may be headed for greater stability. On the heels of steady declines, first the 16 percent in…
Must be the season for reasons
The editorial cartoon from the Philadelphia Daily News on Monday caught our attention. The sketch depicts a man listing his accomplishments: "I climbed Mount Everest" he says in the first picture. "Scaled the walls…
Long on patience? Try a short sale
With unemployment in Kootenai County reaching 10 percent once again, unfortunately there are homeowners unable to make their payments. Seeking to avoid foreclosure many homeowners are opting to sell short. What thi…
What does a Realtor do?
Ask anyone you know what Realtors do and you will usually hear, "They help people buy and sell homes." This simplistic answer summarizes the effect of Realtor actions for many, but Realtors are involved in all aspe…
Area sales slow, but news is good
July figures are out and as expected, we could not sustain the previous month's increase in Year to Date (YTD) sales. You will remember that June's figures reflected a 44 percent increase over the same period of 20…
National activity reflects some improvement in real estate
Some good news this past week from the national market as reported by the National Association of Realtors.
Townhomes offer something different
COEUR d'ALENE - In a real estate market already glutted with unsold condominiums in all price ranges, it may seem strange that anyone would build more, but her…
Lower prices driving sales
Year to date statistics have been compiled through June and reinforce that market activity is the best in years. That is of course, unless you are a seller.
We win again!
You have probably read by now, that the deadline to extend the tax credit was extended in the 11th hour to Sept. 30. This is not an extension that allows buyers to gain a credit by buying before then, instead it pr…
Mortgage rates drop, foreclosures rise
WASHINGTON (AP) - The sale of foreclosed properties in Idaho increased in the first three months of this year, as banks started foreclosing on homes whose owners had defaulted on their loans.
Deadlines loom as Congress delays action
As the June 30 deadline to benefit from the tax credit rapidly approaches, the House of Representatives takes an extended weekend. Voting to extend the deadline cannot take place now before next week and if the ext…
Mortgage rates continue to drop
COEUR d'ALENE - Mortgages are cheaper today than they've been in a half-century. If only most people had the job security, the credit score and the cash to qua…
Interest in housing still strong
Whether it is the low interest rates, ample inventory or the reduced prices, interest in area real estate is still high.
Village at Hayden offers seclusion, security
HAYDEN - Tucked away near the end of a quiet street here is one of the urban area's quietest home projects.