Has the Coeur d’Alene real estate market improved? Are home prices getting stronger or weaker?

I just mentioned a couple days ago that there is a less than 7% chance that home prices will decline in Kootenai County in the next two years.
What I forgot to show you were trends indicating that our chance of dropping home prices is getting less and less.  In other words, our market strength is [...]

Even the experts are starting to see a rebound of the real estate market…

If you know what Standard & Poor’s Case-Schiller Index is, you know who Karl Case is. He’s the “Case” in Case-Schiller. For those who don’t know:
The S&P/Case-Shiller® Home Price Indices measures the residential housing market, tracking changes in the value of the residential real estate market in 20 metropolitan regions across the United [...]

How far will Kootenai County house prices decline?

If you believe some ‘bubble bloggers’, we are heading for a massive loss of value here in Kootenai County. If you head on over to the Coeur d’Alene Press community blogs, you’ll find a lot of bubble pundits proclaiming that North Idaho Real Estate is primed for at least a 20% drop in value, [...]

May Residential Real Estate Update for North Idaho

Here is a link to our “May Real Estate Update“:
This Newsletter is full of interesting and useful information perfect for buyers, sellers, homeowners, or renters.
This month’s issue includes topics such as:
“First Time Buyers’ Dos And Don’ts”;
“Taking The Real Estate Investment Plunge”;
“Tax Rebate Uses For Buyers”;
“Review The Landscape Before You Buy Or Sell”;
“Housing Bills Will Help [...]

The Coeur d’Alene, Idaho Metro area is growing like crazy . . .

One of my main goals for this blog has been to provide accurate information, from stats to statements.  Everything factual, provable, accurate.  One of my biggest pet peeves is when someone spouts off information that is inaccurate.  Even bigger, is when it is a colleague or someone working within the real estate industry.
If you ever [...]

It’s the best time to buy real estate . . .

According to CNNMoney.com - it’s the “Best time to buy in four years.  Home values have declined across the country, giving homebuyers the best buyers they’ve had since 2004″.
Well - ok then.  Jump right on that people!!!
Let’s put it in perspective first . . . Home values have not declined “across the country” - as [...]

Looking for a North Idaho “Cash Flow Club?”

We’ve got it - a North Idaho Cash Flow Club.
Over the past few months I’ve been pondering the idea of creating a Cash Flow Club. I’ve watched them in other areas of the country and have felt that the Coeur d’Alene area is in desperate need of a Cash Flow Club.
So, I’m taking the [...]

Is real estate price disclosure a good thing for Idaho? I say NO.

And my answer has nothing to do with “unfairly muscle in on turf controlled by multiple listing services, the private databases that allow real estate brokers to share information.” (This is what the Idaho Statesman thinks is the ‘real reason’ Realtors oppose disclosure).
No - I opposed disclosure because “Most states that require some form of [...]

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 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 [...]