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 [...]

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 [...]

Get the facts right before you ‘go off’ on your ‘doomsday foreclosure’ rant . . .

One commentor decided to state a supposed fact that foreclosures are up in Idaho 150+% in the past 12 months. Interesting, considering there not!!! I know where this commentor is getting their data - it’s from here. But, what that person fails to note is

November real estate sales (month-over-month) 1996 - 2007 | Kootenai County Real Estate

Here is a month-over-month analysis for residential real estate sales in Kootenai County. Please note, these numbers include only residential properties sold in Kootenai County (this information does not encompass the entire Coeur d’Alene Multiple Listing Service database).

 

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Kootenai County Idaho Total Residential Real Estate Market Overview - December 1st, 2007

Kootenai County Idaho Total Residential Real Estate Marketing Overview - December 1st, 2007
Summary overview:
As we can obviously see, residential home inventory in Kootenai County is shrinking. The question to ask is if this shrinkage is part of our natural cycle of shrinkage from summer to fall, or is it what all of us are hoping [...]

The Landings at Waterford Real Estate Market Report - 3rd Quarter 2007 | Coeur d’Alene Idaho Residential Real Estate

The Landings at Waterford is a beautiful subdivision located in North Coeur d’Alene near the intersection of Prairie Avenue and Atlas Road. The Landings at Waterford began in 2004 and currently is 1/3 built. It is a large sub-division that will eventually encompass well over 2000 residential dwelling units. There are plenty [...]

MLS STATS: May 1, 2007 - Oct 31, 2007 (as reported by the Coeur d’Alene Multiple Listing Service)

Information as reported by the Coeur d’Alene Multiple Listing Service and encompasses all areas that the Coeur d’Alene Multiple Listing Service supports.
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Treaty Rock Estates Real Estate Market Report | 3rd Quarter 2007 | North Idaho Real Estate

How is the real estate market doing in Treaty Rock Estates? Let’s take a look.
For 3rd quarter 2007 (July 1st through September 30th) there were zero sales in Treaty Rock Estates. This means that no homes sold during this time period. Currently there are 4 homes available for sale in Treaty Rock, [...]

So what’s going on with duplexes in Coeur d’Alene? 3rd quarter duplex market report at your finger tips:

So what’s going on with duplexes in Coeur d’Alene? 3rd quarter duplex market report at your finger tips:
Surprisingly slow actually - or rather, it’s not surprising with the extensive over-pricing going on. The question is . . . is it the REALTORS® trying to get more listings that are doing the pricing or the [...]

Kootenai County Idaho Total Residential Real Estate Marketing Overview - November 1st, 2007

Kootenai County Idaho Total Residential Real Estate Marketing Overview - November 1st, 2007
Summary overview:
As we can obviously see, residential home inventory in Kootenai County is shrinking. The question to ask is if this shrinkage is part of our natural cycle of shrinkage from summer to fall, or is it what all of us are [...]