Did your North Idaho property appreciate in value in 2007?

Despite depreciation in a few other areas of the country, North Idaho weathered 2007 well. The Coeur d’Alene MLS reports appreciation at 4.3% and OFHEO reports appreciation at 3.93% for the greater Coeur d’Alene area (to include Post Falls, Hayden Lake, Rathdrum, etc).
Nationally, new construction sales compromise approximately 12% of sales. In Kootenai [...]

Now Renting January 30th, 2008 | North Idaho Homes for Rent | Area’s Newest Rentals

We’ve just updated our website with this week’s newest rentals now available. If you are looking for a home, condo, town home or apartment for rent Coeur d’Alene, Hayden, Rathdrum or Post Falls, Idaho, check out our website and view photo tours and more information on properties available for rent. You can also get an [...]

We’ve been slammed with snow so what does that mean for your North Idaho properties?

 Wow, the most we’ve seen since 1996:
A series of four more winter storms is likely to blow into the area through early February, National Weather Service meteorologist Kerry Jones said Monday. The first was expected to track across the area last night and early today, dropping a load of light snow, Jones said.
“This is going [...]

The Foreclosure Nightmare and Idaho: How’s Idaho Doing?

Idaho has 264,768 mortgage loans. 3.46% are past due and .07% are ‘in foreclosure’. Idaho’s sub-prime numbers show 14.39% are past due and 5.52% are ‘in foreclosure’.
Kootenai County numbers show 228 properties are currently past due (delinquent over 90 days but no foreclosure proceedings currently filed), 307 are “going into” auction (proceedings have been [...]

The Four Mortgage Mistakes California Investors Make With Their North Idaho Investment Properties

Southern California real estate investors are hurting. Specifically, the Californians who bought North Idaho properties with negative cash flow are hurting really badly. The problem? They’re paralyzed and the network mortgage advisers aren’t helping them analyze their investments.

What does that last sentence mean? It means that [...]

The New York Times Loves North Idaho

Why else would they keep profiling our wonderful slice of heaven in their widely read newspaper??  Today they wrote a fabulous article about Kellogg - a sleepy ski town just 30 minutes due east of Coeur d’Alene.  An area expected to have real estate appreciation this year (1 of about 25 towns throughout the nation [...]

Now Renting January 22nd, 2008 | North Idaho Homes for Rent | Area’s Newest Rentals

We’ve just updated our website with this week’s newest rentals now available. If you are looking for a home, condo, town home or apartment for rent Coeur d’Alene, Hayden, Rathdrum or Post Falls, Idaho, check out our website and view photo tours and more information on properties available for rent. You can also get an [...]

The foundation of “perpetual wealth” from the writers of Get Rich, Stay Rich Pass It On

The wealthy invest in real estate. The “soon to be” wealthy invest in real estate. Want to be wealthy? Invest in real estate.
Investment in income producing real estate is a staple for many wealthy families and a great way to pass on intergenerational wealth.
There, now it’s not just me saying it.
Article

Higher minimum wage fails to attract workers | NO KIDDING ?!?!

Ok, for some reason this just strikes a ‘duh’ note with me.
Higher minimum wage in Washington fails to attract Idaho workers.
A minimum wage gap of more than $2 has failed to draw Idaho job applicants to the Spokane area. . .
With the start of the year, Washington’s minimum wage rose 14 cents to a [...]

Another Luxury Community in North Idaho??

Examiner recommends commissioners approve Powderhorn zone change
A Kootenai County hearing examiner gave a Seattle developer a victory toward eventually building a 1,300-home golf course community on the east side of Lake Coeur d’Alene.
Opposition to the proposed change is strong. More than 80 individuals are against the project.
Ultimately, the Seattle development company, Heartland LLC, wants to [...]