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North Idaho Real Estate: Market Stats for the Coeur d’Alene MLS, July 2012

North Idaho Real Estate Stats from the Coeur d’Alene MLS, January 1 – June 30 2012

We thought you would be interested to see the market stats on Residential listings. The chart above is a “Snap Shot” of all the residential listings, categorized into 9 areas served by the Coeur d’Alene Multiple Listing Service.

These are North Idaho Real Estate Stats from the Coeur d’Alene MLS, January 1 – June 30 2012

What do these statistics mean for you? How do current Real Estate Market Conditions affect your Investment Portfolio?

We’d LOVE to help you by answering your questions, providing more interpretation of these stats, or discussing our local Real Estate Market with you.

Call us today:

Randy and Christy Oetken

208-660-0506

Oetken@RealEstate-Browser.com

Read More MARKET NEWS on this website!

http://www.realestate-browser.com/tag/market-news/

Posted on August 8, 2012 at 12:45 pm
Randy and Christy Oetken | Category: Hauser Lake, Post Falls, Residential, Silver Valley, Stats

2011 YTD STATS: Curious About the Real Estate Market in Our Area?

Coeur d'Alene Market Review 2011 YTD Stats

Just staying in touch!

If you are interested in knowing what is going on in our area, give us a call. We stay on top of all the changing market conditions in our area.

Call us today!
208-660-0506

Want to know more about what’s going on in our area? Get the scoop! We post Market News regularly on each of these internet sites:

Check out our blog
 http://realestatebrowser.wordpress.com/category/market-news/

Like us on Facebook
The Oetken Group: Own The Lifestyle

Visit our Website
 http://www.realestate-browser.com/marketnews.php

Posted on May 25, 2011 at 1:10 pm
Randy and Christy Oetken | Category: Coeur d'Alene, Cougar Gulch, Dalton Gardens, Hayden, Idaho, Kootenai County, Lake Coeur d'Alene, Market News, Our Listings, Post Falls, Pricing, Rathdrum, Real Estate, Sandpoint, Shoshone County, Silver Valley, Windermere | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

What is the True Cost of the Interest Rate Increase?

Dear Friends,

It’s probably no surprise that rising interest rates have a significant impact on your pocket book.

But how much of an impact?  The True Cost may shock you!

Consider this:

The average stay in a home is 5 to 7 years

according to the National Association of Realtors®.

Knowing you like to stay informed, we have provided three real-world home buying scenarios in the graphics below.  From these hypothetical comparisons, we hope you can get a better idea of the true cost of the interest rate hikes that are expected in the near future.

Assuming that you remain in your new home for 7 years, it is very clear the HUGE impact of rising interest rates. 

WAITING TO BUY could cost you THOUSANDS of dollars!

(Visit our website to view larger PDF graphics of these three scenarios.)

Home “A” Costs $150,000

At the current interest rate of 4.875%, the monthly payment will be $797.

If you wait until the interest rate rises to 6%,
your monthly payment will increase by $85,
for a total annual increase of $1020!

If you stay in that home for 7 years,
you will be spending $7140 MORE!

What could you do with an extra $7140?

Waiting to purchase this $250,000 home could cost you

$140 per month 
$1680 per year

If you stay in that home for 7 years,
you will be spending $11,760 MORE!

What could you do with an extra $11,760?

 

What could you do with an extra

$21,840?

Thinking of buying?  Now is a great time, if you want to save $$ in your monthly budget, as well as over the life of your potential mortgage.

Are you waiting for a lower purchase price?

The “savings” of a few thousand dollars off the purchase price will actually COST you THOUSANDS when the interest rates rise.

Don’t wait to make your next Real Estate move.

Call Now
to take advantage of
High Inventory and Low Interest Rates!

As experienced REALTORS®, and long-time North Idaho residents, we can provide an impressive list of professionals whom we’ve come to trust over the years.  With our expertise in guiding our clients through all kinds of Real Estate transactions, we are uniquely qualified to help you achieve your real estate goals in 2011!  

We’ll help you navigate through every phase of the process.

Put us to work for you!

Randy Oetken  208-660-0518

Christy Oetken  208-660-0506

Oetken@RealEstate-Browser.com

Posted on April 14, 2011 at 1:43 pm
Randy and Christy Oetken | Category: Acreage, Benewah County, Build Your Custom Home, Buyers, Coeur d'Alene, Commercial, Cougar Gulch, Dalton Gardens, Hayden, home, Home Ownership, Idaho, Interest, Investment Properties, Kootenai County, Lake Coeur d'Alene, Luxury, Market News, Mortgage, Mountaintop Listings, New Construction, Our Listings, Post Falls Listings, Premier Property, Pricing, Rathdrum, Real Estate, Rental, Riverfront Properties, Sandpoint, Save Money, Shoshone County, Silver Valley | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

A Creek Runs Through this 6 Acre Parcel!

A Ticklish icy splash…a mischievious winking flash…
tittering and giggling and skipping along the rocks on the water…

 The West Fork of Pine Creek
gambols through this 6 acre natural wonderland. 
Come and play!

Build your dream home on this buildable 6 Acre parcel. 
Like to hunt, hike or sight-see?  This parcel backs up to BLM land, too!

Call Randy Oetken

of Windermere Coeur d’Alene Realty for more details:

208-660-0518

Randy@RealEstate-Browser.com

Check it out at www.RealEstate-Browser.com 

Take a Virtual Tour

 

Posted on April 13, 2011 at 1:06 pm
Randy and Christy Oetken | Category: Acreage, Build Your Custom Home, Buyers, home, Home Ownership, Idaho, Our Listings, Photographs, Real Estate, Shoshone County, Silver Valley, Silver Valley Area, Waterfront Properties | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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