North Idaho Real Estate Market News: Residential Statistics January – April 2012
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Originally Posted at:
NAR: Positive Signs Abound for Housing
The first quarter of 2012 was the best first quarter for real estate in five years, and pending contracts suggest that the second quarter of 2012 will be the best second quarter in five years, NAR Chief Economist Lawrence Yun said this morning at the Residential Economic Update during the NAR Midyear Legislative Meetings & Trade Expo. Moreover, he said the second half of this year could be even better than the first, in part because of continued increases in rental costs and record affordability of homes. “Renters are getting squeezed, and they don’t want to rent anymore,” Yun explained. “This could be the year we see the release of pent-up demand.”
Home prices have been skipping along the bottom for about a year now, Yun said, a trend that has drawn investors into the market. These investors have helped housing through a couple of difficult years and partly mitigated the dysfunctional mortgage market. “Right now is the time to buy low,” he said. “Investors are coming in to take advantage. Second homes started to recover nicely last year because of investors.”
However, home values are poised for a rebound as more traditional buyers move back into the market, Yun said. In fact, this has already started to happen in areas such as Phoenix and Miami, which have seen year-over-year (March 2011 to March 2012) double-digit percentage increases in home prices.As real estate improves, consumer psychology around home ownership will change, he added. Coupled with the recent — if relatively modest — job growth and stock market gains, conditions are right for a sustained housing recovery.
For the full article including the forecast on when interest rates will rise, click here
Positive Signs Abound for Housing NAR Daily Real Estate News | Thursday, May 17, 2012
Re-posted from Realtor Magazine Article: Positive Signs Abound for Housing
Graphic: HouseKeysGray
CNN Poll: Idaho is Ranked the Friendliest State for Small Business
We always knew it to be true, but the rest of the world finally got a clue last week! Idaho is a terrific place to start a small business.
This article (top right) is “clipped” from the front page of the Wednesday May 9 2012 edition of the Coeur d’Alene Press.
Read more about the CNN Poll and its findings at
CNN Money: 5 friendliest states for small business
http://money.cnn.com/2012/05/08/smallbusiness/states-small-biz/index.htm
and
CDA Press: Idaho friendliest state for small businesses
http://cdapress.com/news/local_news/article_ad10bd78-9967-11e1-807f-001a4bcf887a.html
Read more about Small Business in Idaho on this blog:
NORTH IDAHO: Terrific Economic Climate for Business
originally posted at
http://www.realestate-browser.com/2012/05/17/cnn-poll-idaho-is-ranked-the-friendliest-state-for-small-business/
TRAKKER’S TAIL: Dog d’Alene this Saturday, May 19 in Downtown Coeur d’Alene Idaho
4th Annual “Day of All Things Dog”
Saturday
May 19 2012
Dog d’ Alene and AJ’s Tails & Trails 5K Walk – Coeur d’ Alene
5K Walk starts at 10am.
Downtown CDA – 6th & Sherman
A Day of All Things Dog – Events, Vendors, Contests and the Doxie Dash!
This update from Dog About Town website & Newsletter
http://www.dogabouttownnw.com/calendar.html
and
Get more info at
http://cdadowntown.com/index_content.asp?pageid=514
Visit Dog About Town’s website!
When you visit, sign up for the Newsletter! We’ve subscribed, and we find it very informative. Helps us stay up on what’s going on around North Idaho for our loveable 4-Footed Friends and their 2-Footed Supporters!
Read more on our buddy, Trakker!
Visit http://www.realestate-browser.com/category/trakkers-tail-2/
Search the MLS for Downtown Coeur d’Alene Listings
Come Downtown Coeur d’Alene Tonight for ArtWalk: Friday, April 13
Friday, April 13, 2012
5:00 to 8:00 pm
Join us in beautiful Downtown Coeur d’Alene
this Friday night for ArtWalk.
This month featuring
&
The Coeur d’Alene Art Association
Stroll through the downtown galleries with you friends and family, and enjoy dining at one of the participating restaurants.
This is a Family-Friendly
Free event!
Sponsored by the
Coeur d’alene Arts & Culture Alliance
Click Here to Download the List of Venues
or visit http://www.artsincda.org/files/April_2012_ArtWalk.pdf
Related articles
- North Idaho Real Estate: Search the MLS Now for Downtown Coeur d’Alene Homes (realestatebrowser.wordpress.com)
- North Idaho Real Estate: Downtown Coeur d’Alene Artisan Showpiece (realestatebrowser.wordpress.com)
- North Idaho Real Estate: Take Advantage LOW Prices on Lake Coeur d’Alene Waterfront (realestatebrowser.wordpress.com)
- Randy and Christy Oetken Quoted about Coeur d’Alene Idaho in Language of Luxury Blog (realestatebrowser.wordpress.com)
North Idaho Real Estate: Search the MLS Now for Downtown Coeur d’Alene Homes
Take advantage of historically low Real Estate prices this year.
Visit
Oetken.RealtySearch.com
to find your Dream Home in
Downtown Coeur d’Alene, Idaho.
Includes Short Sale & Foreclosure Properties!
Our new MLS Search Tool allows you to search the Coeur d’Alene Multiple Listing Service and save your favorite searches with a one-time No-Hassle account registration.
Enter your specific parameters in the Advanced Search
(under “more options” lower right corner, above the SAVE button),
or just simply search by a single city name, neighborhood or zip code.
Setting up an account is Fast and Simple.
Try it today!
Find a property you’d LOVE to tour?
Wondering about financing?
Need to know what your current property is worth in today’s Real Estate Market?
Call Us!
We’d love to give you a Free Comparative Market Analysis of your Real Estate holdings.
Randy & Christy Oetken
Windermere Coeur d’Alene Realty
208-660-0506
www.RealEstate-Browser.com
Related articles
- North Idaho Real Estate: Take Advantage LOW Prices on Lake Coeur d’Alene Waterfront (realestatebrowser.wordpress.com)
- North Idaho Commercial Real Estate: High Traffic Rathdrum Parcels (realestatebrowser.wordpress.com)
- North Idaho Real Estate: Downtown Coeur d’Alene Artisan Showpiece (realestatebrowser.wordpress.com)
You’re Invited This Friday: Estate Sale Farm Auction April 6
OPEN HOUSE & AUCTION
BEGIN AT 9AM*
Friday April 6
2BR/2BA, 2704 sq ft Classic Log Home
Wrap-Around Deck with Spa/Hot Tub
Full Finished Daylight Basement
Fenced & Cross-Fenced Acreage; Storage Building with Loft & Guest Quarters
Pull-Through Workshop with 200 Amp Power, 10’ Door & Wood Stove
9660 S Gozzer Road, Harrison
Directions: From I 90, Drive South on Hwy 97 6.1 Miles.
Left on Burma Road for 1.5 Miles to Gozzer. Property is on the Right.
Auction Includes:
Wheel Tractor & Attachments Miscellaneous Farm Machinery & Tools
Meat-Processing Equipment Household Furnishings
*Acreage, House & Outbuildings NOT included in Auction
Randy & Christy Oetken
208-660-0506
www.RealEstate-Browser.com
Text GOZZ to 72727 for more information.
Related articles
- Lake Coeur d’Alene View Estate on 5 Acres with Boat Slip (realestatebrowser.wordpress.com)
North Idaho Real Estate: Search the MLS Now for 5 Acre Lots
Ready to Build your Dream Home on Acreage?
Find your slice of heaven!
Take advantage of historically low Real Estate prices this year.
Search the MLS for 5 Acre Lots in North Idaho!
Here is the CURRENT INVENTORY of
+/- 5 Acre Parcels
Coeur d’Alene, Post Falls, Hayden Lake, Rathdrum, Athol, Bayview, Harrison
Includes Short Sale & Foreclosure Properties!
Starting at $49,000
(as of March 30, 2012)
Interested in any of these 5 Acre Parcels?
Let’s talk Builders & Bankers!
Call Us Today!
Randy Oetken
of Windermere Coeur d’Alene Realty
208-660-0518
Randy@RealEstate-Browser.com
We have Builders and Floor Plans!
Related articles
- North Idaho Real Estate: Take Advantage LOW Prices on Lake Coeur d’Alene Waterfront (realestatebrowser.wordpress.com)
- APPROVED NO HASSLE FAST CLOSE SHORT SALE! Coeur d’Alene, North Idaho Real Estate (realestatebrowser.wordpress.com)
Windermere Coeur d’Alene Realty Wins Best Real Estate Office for the Second Year in a Row!
Professional Services– Best Real Estate Office
Posted: Wednesday, March 28, 2012 4:00 am
Windermere/Coeur d’Alene Realty
With a second consecutive “Best Real Estate Office” designation, Windermere Coeur d’Alene Realty has much to be proud of in 2012. The locally owned and operated company is home to three offices and 125 staff, two of whom were also voted “Best Residential Realtor” and “Best Commercial Realtor” this year.
With 90 years of experience since Coeur d’Alene Realty opened its doors, the company, and especially owner Don “Pepper” Smock, comprise a regular source of local information and perspective on what seems to be a changing real estate market. On the other hand, the formula for success remains the same.
“We know it is critical to stay ahead of the curve when it comes to technology and other advancements that help people buy and sell real estate, but more importantly we strive to stay committed to those principles that have made us a cornerstone in the real estate industry in our community for so many years,” says Smock.
Windermere/Coeur d’Alene Realty is one big, small family. Smock’s wife Midge, son Duffy, and daughter-in-law Jennifer also work for the company, but Smock sees the whole team as “family,” with their own set of family values.
“Those values include delivering exceptional service, encouraging and supporting each other and putting clients’ interest above our own,” explained Smock.
“Best Commercial Realtor” for 2012 Dan Johnson, a Windermere/CDA Realty Realtor, told North Idaho Business Journal staff that a big part of his success is the company he works for, especially their emphasis on giving.
“(We) believe very strongly about giving back to the communities in which we live. (Windermere/CDA Realty) has made a sincere commitment to improving the lives of children, families, and neighbors in crisis through their volunteerism, monetary gifts, and the Windermere Foundation,” said Pat Krug, who runs the foundation’s well-known Christmas giving program to aid low-income families in North Idaho.
“The basic philosophy of giving back to the community is role-modeled by the owners and the many representatives and employees who truly believe that they are blessed by their actions. Each representative/employee of Windermere gives a percentage of their fees from every professional sale to the Windermere Foundation,” Krug added.
This full service residential and commercial brokerage has offices at 1000 Northwest Blvd. in Coeur d’Alene (208) 664-9221; 1616 E. Seltice Way in Post Falls (208) 777-9900; and the newest location in Hayden, 867 Prairie Ave. (208) 762-4888. Through the Website CdaRealty.com viewers may easily see every property, listed by every company in the palm on their hands with smart phones.
http://www.cdapress.com/best_of_north_idaho/article_f14491d8-798f-11e1-995a-0019bb2963f4.html
Real Estate News: Windermere CDA Realty Voted #1 Real Estate Company
CONGRATULATIONS
WINDERMERE COEUR D’ALENE REALTY!
Voted #1 Best Real Estate Company for 2012 (and 2011)
CdA Press Journal of Business “BEST OF” Contest
Congratulations Windermere Agents!
Read all about it on March 29 in the CDA Press.
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- The Windermere Report: Coeur d’Alene MLS, North Idaho Real Estate Market Review for 2011 (realestatebrowser.wordpress.com)