North Idaho Real Estate Blog Keeping the “invisible” property owners of Kootenai County in-the-know, as if you were here on a daily basis. 208.769.9464 * dreamteam @ nidt . com * Author: Christina Ethridge, REALTOR(R)

Here is a link to our “September 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:

“What the Housing and Economic Recovery Act of 2008 Means for You”;
“Moving Away From Heavy Gasoline Use”;
“New Fed Rules To Prevent Future Runs on Bad Loans”;
“Open The Doors And Buyers Shall Come — But Prepare First!”;
“Investor Report: Hidden Tax Pitfall”;
“Don’t Overlook The Garage When Getting Your Home Ready To Sell”;

Plus a roundup of August real estate activity as well as much more advice and information.

Enjoy. If you have any comments, let us know. Or, if you would like to see a certain topic covered in future months, let us know that too!

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

2008 Residential Real Estate Stats for Kootenai County - North Idaho Real Estate

A quick look at the residential real estate market in Kootenai County for the past 12 months.

Even with this crazy market, there are still some subsets that are doing very well.  For example, Coeur d’Alene residential homes are showing no drop in average or median sales price.  Homes in Rathdrum and Hauser have shown an 8% (average) & 9% (median) increase in sales price.  We are seeing a higher list price now than the average over the past 12 months and days on market are still very good for our area.

2,943 Active listings
$475, 242 Average list price (today)
$412,577 Average list price over past 12 months
2,198 Sold homes
$270,005 Average sold price
123 Average days on market
2,597 Expired homes (homes that failed to sell)

What’s it look like?  Like this:

10 Year Comparison Feb thru July

This is a comparison chart, provided by the Coeur d’Alene Multiple Listing Service of the past 10 years - February through July only - total number of sales.  Currently, we are sitting somewhere between 2001 and 2002 (although this isn’t totally accurate as it only shows and compares the past 6 months).  This is not a year-over-year comparison.

All information is taken from the Coeur d’Alene Multiple Listing Service.  Information deemed reliable but is not guaranteed.  Information provided is for Kootenai County only and does not encompass all areas that the Coeur d’Alene Multiple Listing Service includes.

Posted under Market Reports

Here is a link to our “July 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:

“Sell Faster When You Understand The Buyers Mindset”;
“What You Should Know About A Buyer’s Market”;
“Investor Report: Section 1031″;
“Paint The Perfect Sale”;
“Grill Burgers, Not Your Home”;
“Home Sales May Rise Modestly Before Upturn in Second Half Of 2008″

Plus a roundup of June real estate activity as well as much more advice and information.

Enjoy. If you have any comments, let us know. Or, if you would like to see a certain topic covered in future months, let us know that too!

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

Here is a link to our “June 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:

“Moving Up? What You Need to Consider to Accommodate Your Growing Family”;
“How To Get the Goods On Regreening”;
“ID Theft Hits Home”;
“Keep Cool Starting From The Top”;
“Avoiding Home-Based Business Blunders”;
“Tax Rebate Uses For Sellers”;

Plus a roundup of April real estate activity as well as much more advice and information.

Enjoy. If you have any comments, let us know. Or, if you would like to see a certain topic covered in future months, let us know that too!

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

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 Homeowners And Economy”;

Plus a roundup of April real estate activity as well as much more advice and information.

Enjoy. If you have any comments, let us know. Or, if you would like to see a certain topic covered in future months, let us know that too!

Posted under For Buyers, For Renters, For Sellers