Just in case you missed them…

I’ve been temporarily posting on my “other” blog (it’s really my “old” blog but I keep it active because a lot of you have found me in searches from that blog) - here are a few of the posts:

Posted under For Buyers, For Investors, For Renters, For Sellers

This post was written by Christina Ethridge North Idaho Real Estate on April 1, 2009

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A sincere apology.

I have been very behind the times on keeping y’all updated and I sincerely apologize.  I don’t know that I’ve ever truly found the “balance” between truly working with buyers and sellers and keeping this blog updated so that buyers and sellers can stay informed.

Frankly, blogging takes a lot of time.  The beauty is, I very much enjoy my interactions with y’all, both virtually and live.  It’s been busy the past 2 months.

So, what does “busy” mean?

The North Idaho Dream Team LLC is now powered by SKE Realty Group LLC. The brokerage we were affiliated with, GMAC Northwest Real Estate essentially went “belly-up”.  The owners closed down the business and we had all of 24 hours to relocate.  Thank goodness we had already begun the work necessary to form our own brokerage.  It was our intention to open our brokerage in late spring of this year (2009) but with the advent of the actions of our previous brokerage, we opened on January 5th, 2009.  So, it was up to me to do 5 months worth of work in as short of a time as possible - and yes, I achieved that, but not without some downside - one being consistent updates to y’all via this blog.

I also was inaugurated as the local chapter President of the Coeur d’Alene Chapter of the Women’s Council of Realtors. An honor and I very grateful for and am enjoying immensely.

AND, although number of sales are down this year over last year (so far), I’ve been incredibly busy working with sellers (and Chuck has been busy working with buyers) and well, actually ASSISTING you in your real estate transaction is our number 1 priority so this blog became a #3 priority.  But that is OK!

So, although we are still very busy helping you buy and sell real estate, I’m not as busy with the “nuts and bolts” of opening up a new business (SKE Realty Group LLC) as I was in January and February and, I feel as though I’ve “settled in” to my position as President so, I am fairly sure I’m back to keeping you updated on the real estate goings on of Kootenai County.

It is my absolute pleasure to assist you!

Posted under For Buyers, For Sellers, General Real Estate

Kootenai County Weekly Real Estate Market Update - October 31st through November 6th, 2008

Here’s what’s been happening in the Kootenai County real estate market in the past 7 days…

Residential Real Estate in Kootenai County:

  • 2,521 residential properties are available for sale
  • 30 properties received offers and went into pending status.
  • 39 properties were closed and recorded (sold)
  • 144 properties expired (failed to sell)
  • 32 properties were canceled (taken off the market until another time)
  • 5 properties were withdrawn (temporarily taken off the market)

Inventory is decreasing which is very typical for this time of the year.  So many people think of it as taking the last gulp of air right around the end of October and start breathing again in March.  The thing is, properties still sell in the winter - people still move.  The key?  Price your home perfectly so it doesn’t languish on the market over the winter months.  Buyers are in a prime position - plenty of options, not much buyer competition.

Multi-Family Real Estate in Kootenai County

  • 91 multi-family properties available for sale
  • 0 properties received offers and went into pending status
  • 1 property was closed and recorded (sold)
  • 2 properties expired (failed to sell)
  • 0 property was canceled (taken off the market until another time)
  • 0 properties were withdrawn (temporarily taken off the market)

There are plenty of Multi-Family properties available right now.  This is a ripe time to buy as properties have been languishing on the market and many sellers are ready and willing to consider lower but serious offers.

Posted under Market Reports

This post was written by Christina Ethridge North Idaho Real Estate on November 7, 2008

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Kootenai County Weekly Real Estate Market Update - October 24th through October 30th, 2008

Here’s what’s been happening in the Kootenai County real estate market in the past 7 days…

Residential Real Estate in Kootenai County:

  • 2,619 residential properties are available for sale
  • 28 properties received offers and went into pending status.
  • 31 properties were closed and recorded (sold)
  • 65 properties expired (failed to sell)
  • 38 properties were canceled (taken off the market until another time)
  • 3 properties were withdrawn (temporarily taken off the market)

Homes are still selling, buyers are still buying.  North Idaho Real Estate is still going strong.

Multi-Family Real Estate in Kootenai County

  • 93 multi-family properties available for sale
  • 0 properties received offers and went into pending status
  • 1 property was closed and recorded (sold)
  • 7 properties expired (failed to sell)
  • 1 property was canceled (taken off the market until another time)
  • 0 properties were withdrawn (temporarily taken off the market)

There are plenty of Multi-Family properties available right now.  This is a ripe time to buy as properties have been languishing on the market and many sellers are ready and willing to consider lower buy serious offers.

Posted under Market Reports

This post was written by Christina Ethridge North Idaho Real Estate on October 31, 2008

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Coeur d’Alene Idaho: Top 10 city for doing business . . .

Inc Magazine:
Where Are the Best Cities to Do Business?

Our comprehensive annual guide to which places are thriving — even in an economy many consider in recession.

What a difference a year and a deflated housing bubble makes. Inc.com’s 2008 list of the Best Cities for Doing Business, created in conjunction with Newgeography.com, uncovered some of the most dramatic changes since we started this ranking back in 2004. Five major trends were immediately revealed; trends that are shaping the business environment right now across the country and will continue to over the next several years.

The list focuses on short- and long-term job growth. It tells us precisely not just where jobs are being created — a sure sign of economic vitality — but where the momentum is shifting. For entrepreneurs, this suggests what may be the best places to locate or expand your business.

Some of the other areas in this vast region (Pacific Northwest) benefit from what might be called “grey power.” Older, often more educated and affluent, baby boomers are flocking to the smaller towns and cities in this region, bringing capital and, in some cases, entrepreneurial know-how.

  1. Midland, TX
  2. St. George, UT
  3. Coeur d’Alene, ID
  4. Odessa, TX
  5. Auburn-Opelika, AL
  6. Wilmington, NC
  7. Bend, OR
  8. Myrtle Beach-North Myrtle Beach-Conway, SC
  9. Grand Junction, CO
  10. Greenville, NC

Reminder of list here.

Posted under About the Area, Economics of North Idaho

This post was written by Christina Ethridge North Idaho Real Estate on August 15, 2008

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Local Area Events: Post Falls, Coeur d’Alene Idaho - August 9th, 2008

Chamber Weekly Update

Local Area Events:

June 16-August 15 - Boys & Girls Club of Kootenai County Summer Program - 8:00am-3:00pm, Monday - Friday.  208-457-9089.
August 9 - Brewsfest at Silver Mountain. 877-230-2193.
August 9 - ICAR Racing Series/Rocky Mountain Pro Stocks - Northwest Outlaw Street Stocks at Stateline Stadium Speedway.  208-773-5019.
August 12 - The Glass Art Show opens at the Jacklin Arts & Cultural Center at the Old Church. 208-457-8950.
August 13 - SCORE Workshop “How to Write a Business Plan” - 9:00am-12:00pm - BIZSTREET Resource Center, 801 W. Riverside, Spokane.  509-459-4118.
August 14 - Rathdrum Area Chamber of Commerce Business Fair - 6:00-8:00pm. 208-687-5585.
August 15 - Community Appreciation Party at Dickinson Insurance, corner of Polston and Syringa - 4:00-8:00pm.  208-773-0504.
August 15 - A Gallery Reception - Jacklin Arts & Cultural Center at the Old Church - 5:30-7:30pm.  208-457-8950.
August 15-17 - The Outback Steakhouse Tennis Classic 2008 - co-presented by the Post Falls Park & Rec Department.  208-773-0539.
August 16 - 93 Lap Doyle Braton Memorial NW Modifieds - Foreign Stock Car Auto Racers - Vintage Modifieds at Stateline Stadium Speedway.  208-773-5019.
August 16-17 - Post Falls Food Fest - 11:00am-9:00pm - Corner of Catherine St., Seltice Way and the Mangia parking lot.  208-819-4501.
August 20-24 - North Idaho Fair & Rodeo.  For a full schedule, go to www.northidahofair.com.
August 21 - Kootenai County Young Professionals Summer Bash - O’Shay’s Irish Pub & Eatery - 5:30pm.  For information e-mail contactus@kcyp.org.
August 22 - Post Falls Senior Center is hosting a Luau - 6:00pm.  208-773-9548.
August 23 - Post Falls Open Air Market - 9:00am-2:00pm - the corner of Post and Seltice streets.  208-929-2131.
August 23 - Northwest Super Shoe Show - NSRA ASA Northwest Sprint Cars - Northwest Legends at Stateline Stadium Speedway.  208-773-5019.

Posted under Activities and Events

This post was written by Christina Ethridge North Idaho Real Estate on August 9, 2008

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The Landings at Waterford Residential Real Estate Stats for May 2008

The Landings at Waterford Market Report January 1, 2008 through March 31st, 2008

CLOSED SALES
Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
7000 Block Bedford Lane 1875 3/2.5 $214,900 $214,900 8 01/07/08
3000 Block Thorndale Loop 1900 3/2 $219,900 $219,900 374 01/10/08
3000 Block Lotze Loop 2525 4/3 $236,585 $219,900 19 01/16/08
4000 Block Princetown Lane 1143 3/2 $153,775 $145,600 130 01/18/08
7000 Block Balta Lane 2563 4/2 $289,230 $306,465 162 01/31/08
7000 Block Bedford Lane 1660 3/2.5 $222,000 $222,000 30 02/01/08
4000 Block Princetown Lane 1152 3/2 $159,895 $160,143 129 02/15/08
4000 Block Bardwell Drive 1143 3/2 $146,700 $146,700 97 02/21/08
3000 Block Lotze Loop 2048 4/3 $199,800 $190,000 54 02/25/08
7000 Block Calamonte Lane 2278 3/2 $184,900 $181,000 56 02/27/08
7000 Block Helms Deep Lane 2536 4/2.5 $289,900 $285,000 14 02/29/08
2000 Block Thorndale Loop 2142 3/2 $279,500 $285,500 56 03/10/08
3000 Block Thorndale Loop 1847 4/2.5 $219,900 $217,900 364 03/14/08
3000 Block Loxton Loop 1617 3/2 $259,900 $250,000 56 03/14/08
7000 Block Balta Lane 2108 4/2.5 $284,900 $287,001 86 03/28/08
3000 Block Loxton Loop 2140 3/2 $289,900 $284,000 20 03/28/08
PENDING SALES
Sq Ft Bed/Bath List Price Sale Price DOM Closing Date
3521 Lotze Loop $186,354 - 156 -
4788 Princetown Lane $184,400 - 109 -
4444 Bardwell Drive $166,325 - 109 -
4506 Bardwell Drive $163,275 - 105 -
4704 Princetown Lane $180,016 - 104 -
4466 Bardwell Drive $173,317 - 104 -
4668 Princetown Lane $157,210 - 102 -
7327 Calamonte Lane $174,030 - 101 -
4612 Bardwell Drive $212,770 - 101 -
7903 Banning Lane $329,900 - 101 -
4586 Princetown Lane $168,083 - 99 -
4612 Princetown Lane $165,000 - 99 -
4630 Princetown Lane $162,500 - 99 -
4470 Princetown Lane $164,900 - 99 -
4426 Bardwell Drive $161,900 - 97 -
4450 Princetown Lane $154,500 - 94 -
4390 Bardwell Drive $160,610 - 88 -
4686 Princetown Lane $169,125 - 77 -
4526 Princetown Lane $155,900 - 73 -
4424 Princetown Lane $164,210 - 65 -
4488 Princetown Lane $163,477 - 51 -
4546 Princetown Lane $165,186 - 37 -
4508 Princetown Lane $162,705 - 30 -
ACTIVE LISTINGS
Sq Ft Bed/Bath Original
Price
Current
Price
DOM Price
Change
2879 Thorndale Loop 3641 4/2.5 $340,000 $329,860 144 -$10,140
7867 Helms Deep Lane 3974 5/3.5 $394,000 $384,000 119 -$10,000
7976 Carrington Lane 2521 4/2.5 $289,000 $289,000 114 -
3323 Loxton Loop 2515 4/2.5 $384,400 $385,595 113 -$1,195
4045 Lennox Loop 2200 4/2 $295,000 $287,000 109 -$8,000
3487 Manning Loop 2031 4/2.5 $239,900 $239,900 101 -
7790 Fairborne Lane 2031 3/2 $260,870 $260,870 95 -
3402 Lotze Loop 2048 4/3 $200,615 $198,895 91 -$1,720
2910 Thorndale Loop 2638 5/2.5 $293,712 $293,712 88 -
2892 Thorndale Loop 2186 4/2.5 $274,534 $274,534 88 -
7342 Calamonte Lane 1978 4/2.5 $208,335 $204,835 88 -$3,500
7796 Abercrombie Court 2224 4/2.5 $274,900 $268,900 84 -$6,000
4017 Loxton Loop 2071 3/2 $279,900 $259,900 83 -$20,000
4071 Loxton Loop 2013 4/3 $390,000 $390,000 71 -
3325 Thorndale Loop 1472 4/2 $177,000 $174,900 63 -$2,100
3343 Lotze Loop 2048 4/3 $200,150 $200,150 59 -
4201 Wirth Drive 2002 4/2 $242,900 $242,900 52 -
4145 Wirth Drive 1719 3/2 $220,400 $220,400 52 -
4179 Wirth Drive 1722 3/2.5 $220,600 $220,600 52 -
7915 Downing Lane 2553 3/2.5 $286,900 $286,900 52 -
7827 Balta Lane 2036 3/2.5 $245,600 $245,600 52 -
7848 Balta Lane 2475 4/2.5 $280,600 $280,600 52 -
7820 Balta Lane 2718 3/2.5 $299,900 $299,900 52 -
7795 Balta Lane 2016 3/2 $244,000 $244,000 52 -
7877 Balta Lane 2083 3/2 $249,400 $249,400 52 -
7876 Balta Lane 2245 3/2 $262,300 $262,300 52 -
7773 Balta Lane 2012 3/2 $243,700 $243,700 52 -
4566 Princetown Lane 1154 3/2 $168,083 $155,900 51 -$12,183
4701 Princetown Lane 1314 3/2 $171,610 $164,610 38 -$7,000
7463 Bedford Lane 1978 4/2.5 $229,000 $229,000 17 -
4769 Princetown Lane 1101 3/2 $156,610 $156,610 15 -
4657 Princetown Lane 1171 3/2 $158,610 $158,610 15 -
4234 Wirth Drive 2566 4/2 $259,900 $259,900 10 -
L10 B1 Thorndale Loop 2633 4/2.5 $295,000 $295,000 8 -
7867 Carrington Lane 1200 3/2 $166,900 $166,900 1 -
7845 Carrington Lane 1143 3/2 $162,900 $162,900 1 -

There are currently 36 homes for salein The Landings at Waterford, with an absorption rate of 6.8 months. Absorption rate means that if no other homes became available for sale in The Landings at Waterford, it would take 6.8 months to sell the 36 that are currently for sale. Current homes for sale range in price from $155,900 to $390,000. Days on market range from 1 to 144.

If you want your home in The Landings at Waterford to sell in 3 months or less, you must price it lower than any other comparable within The Landings at Waterford and price it in the bottom 1% of prices for surrounding comparables. Don’t forget, new construction is your competition.

Homes that have sold and closed are averaging $120.30 per square foot with an average of 103 days on the market. Current homes for sale are listed for an average of $121.90 per square foot with an average of 62 days on the market as of today. What does this mean? It means that currently listed homes on average are priced appropriately for the market.

Our advise for owners - sell but price competitively. If you are interested in selling your home in The Landings at Waterford, now would be a good time to give it a whirl. As we all know, the market can and does change on a dime, but it appears to be going in the right direction and advantageous to home owners.

If you would like to know the sell-able market value of your home in The Landings at Waterford, connect with us, there is no obligation.

More North Idaho residential real estate stats for May 2008:

County:
Kootenai County

By Town:
Coeur d’Alene/Dalton Gardens | Post Falls | Hayden | Rathdrum/Hauser

By Community:
Coeur d’Alene Place | Harmony Place | Hawks Nest | Sunshine Meadows | The Landings at Waterford | Broadmoore Estates | Best Hill Meadows | Bentwood Park | Armstrong Park | Fieldstone | Prairie Falls | Woodbridge | Avalon Estates | Greensferry Landing | Riverside Harbor | Hunters Glen | Northridge |

Don’t see your community? Let me know.

(Information provided by the North Idaho Dream Team (www.blogcda.com * 208.819.2965). Information deemed reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Posted under Market Reports

This post was written by Christina Ethridge North Idaho Real Estate on June 7, 2008

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Local Area Events for Post Falls, Coeur d’Alene and Rathdrum Idaho - June 6th, 2008

Local Area Events:

June 6-8 - Post Falls Days, Q’ emiln Park. 208-773-0539.

June 7 - Post Falls Days “Home Sweet Home” Parade - 11:00am. 208-667-2314.

June 7 - Gary Miller Memorial Race NW Modifieds - Early Stocks - Stateline Stadium Speedway. 208-773-5019.

June 8 - North Idaho Bed & Breakfast Association’s Spring Tour - 12:00-5:00pm. 208-664-9650.

June 8 - NIC’s Really Big Raffle Open House - 12:00-4:00pm - 2806 Marceille Dr., Coeur d’Alene. 208-769-3271.

June 9 – NIC’s Diversity Events Committee presents “Physicians From India: Ancient Wisdom for Modern Health and Healing” – 7:00-9:00pm – Molstead Library’s Todd Hall. 208-659-9447.

June 11 - Second Annual WMBA Silent Auction benefitting the Children’s Village - 205 E. Seltice Way, Post Falls - 5:30-8:00pm.  208-773-3555.

June 11 - SCORE Workshop “How to Write a Business Plan” - 9:00am-12:00pm - BIZSTREET Resource Center, 801 W. Riverside, Spokane. 509-459-4118.

June 12 – Open House at Life Care Center in Coeur d’Alene – 4:00-7:00pm. Food and refreshments will be served, along with music. Come see our newly remodeled facility. Please RSVP. 208-762-1122.

June 12 – Children’s Village presents “Have a Heart, Help Build a Home” – Come learn about helping to build a third home for the youth of Children’s Village – 7:00pm – Coeur d’Alene Inn. 208-667-1189.

June 12 - Show N’ Shine Car Show - Red Lion Templin’s Hotel - 3:00-6:00pm. Open to the public, great food, entertainment and awards show. 208-773-1611.

June 14 - INSSA Super Stock Series - Hobby Cars - Street Stocks - Stateline Stadium Speedway. 208-773-5019.

June 14 – Post Falls Kid’s Duathlon. For info call Post Falls Park & Rec – 208-773-0539.

June 15 – Post Falls Duathlon. For info call Post Falls Park & Rec – 208-773-0539.

June 15 - NIC’s Really Big Raffle Open House - 12:00-4:00pm - 2806 Marceille Dr., Coeur d’Alene. 208-769-3271.

June 20 – Post Falls Chamber Annual Golf Tournament – Highlands Golf Course – 1:30pm shotgun start. 208-773-5016.

Posted under Activities and Events

This post was written by Christina Ethridge North Idaho Real Estate on June 6, 2008

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Coeur d’Alene Place Residential Real Estate Stats for May 2008

Please note - this information only encompasses Coeur d’Alene Place residential properties. It does not include the entire Coeur d’Alene MLS (commercial, businesses, etc nor other geographic areas included in the MLS).

Residential Stats for May 2008

Active Listings: 54
Average listing price $252,793
Average square feet 2,097
Average list price per sq. ft. $126.96
Average days on market 92

Pending Listings: 11
Average pending price $259,205
Average square feet 2,123
Average pending price per sq. ft. $123.83
Average days on market 176

Closed Listings: 1
Average closed price (listed) $386,990
Average closed price (sold) $365,000
Average list/sale price: 94%
Average square feet 3,232
Average closed price per sq. ft. (listed) $119.74
Average closed price per sq. ft. (sold) $112.93
Average days on market 153

Months of inventory
… based upon closings: 54 months
… based upon pendings: 4.9 months

More North Idaho residential real estate stats for May 2008:

County:
Kootenai County

By Town:
Coeur d’Alene/Dalton Gardens | Post Falls | Hayden | Rathdrum/Hauser

By Community:
Coeur d’Alene Place | Harmony Place | Hawks Nest | Sunshine Meadows | The Landings at Waterford | Broadmoore Estates | Best Hill Meadows | Bentwood Park | Armstrong Park | Fieldstone | Prairie Falls | Woodbridge | Avalon Estates | Greensferry Landing | Riverside Harbor | Hunters Glen | Northridge |

Don’t see your community? Let me know.

(Information provided by the North Idaho Dream Team (www.blogcda.com * 208.819.2965). Information deemed reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Posted under Market Reports

This post was written by Christina Ethridge North Idaho Real Estate on June 1, 2008

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Coeur d’Alene / Dalton Gardens Residential Real Estate Stats for May 2008

Please note - this information only encompasses Coeur d’Alene / Dalton Garden residential properties. It does not include the entire Coeur d’Alene MLS (commercial, businesses, etc nor other geographic areas included in the MLS).

Residential Stats for May 2008

Active Listings: 812
Average listing price $411,153
Average square feet 2,270
Average list price per sq. ft. $171.06
Average days on market 106

Pending Listings: 122
Average pending price $253,913
Average square feet 1,889
Average pending price per sq. ft. $134.06
Average days on market 130

Closed Listings: 64
Average closed price (listed) $250,830
Average closed price (sold) $240,001
Average list/sale price: 96%
Average square feet 1,996
Average closed price per sq. ft. (listed) $129.17
Average closed price per sq. ft. (sold) $124.69
Average days on market 117

Months of inventory
… based upon closings: 12.7 months
… based upon pendings: 6.7 months

More North Idaho residential real estate stats for May 2008:

County:
Kootenai County

By Town:
Coeur d’Alene/Dalton Gardens | Post Falls | Hayden | Rathdrum/Hauser

By Community:
Coeur d’Alene Place | Harmony Place | Hawks Nest | Sunshine Meadows | The Landings at Waterford | Broadmoore Estates | Best Hill Meadows | Bentwood Park | Armstrong Park | Fieldstone | Prairie Falls | Woodbridge | Avalon Estates | Greensferry Landing | Riverside Harbor | Hunters Glen | Northridge |

Don’t see your community? Let me know.

(Information provided by the North Idaho Dream Team (www.blogcda.com * 208.819.2965). Information deemed reliable but not guaranteed. Properties listed and sold by various MLS participants. Sale Price adjusted for any seller contributions. DOM = Days on Market)

Posted under Market Reports

This post was written by Christina Ethridge North Idaho Real Estate on June 1, 2008

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