Windermere Market Review for 2011 is Available Now

The annual Windermere Market Review is now available.
Call to get your copy today!
We’d love the opportunity to use that information to help you
achieve your Real Estate goals.

Let’s get together to review your
portfolio and to plan your investment strategies for 2012.

Randy & Christy Oetken

208-660-0506

Oetken@RealEstate-Browser.com

What is your home worth in today’s market?

Call for your FREE Comparative Market Analysis.

Posted on February 9, 2012 at 2:44 pm
Randy and Christy Oetken | Category: home, Idaho, Investment Properties, Kootenai County, Market Analysis, Market News, Market Value, Statistics, Stats, Windermere | Tagged , , , , , , , , , , , , , , ,

Should I Buy or just Rent? A Cost/Benefit Analysis

You might be surprised to find that a careful Cost/Benefit Analysis still favors BUYING, despite increasing interest rates.  Here’s one scenario:

What Does Opportunity Cost Mean?
Here is a great explanation we found at www.investopedia.com:
1. The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.2. The difference in return between a chosen investment and one that is necessarily passed up. Say you invest in a stock and it returns a paltry 2% over the year. In placing your money in the stock, you gave up the opportunity of another investment – say, a risk-free government bond yielding 6%. In this situation, your opportunity costs are 4% (6% – 2%).
 
 
Investopedia Says
Investopedia explains Opportunity Cost
1. The opportunity cost of going to college is the moneyyou would have earned if you worked instead. On the one hand, you lose four years of salary while getting your degree; on the other hand, you hope to earn more during your career, thanks to your education, to offset the lost wages.Here’s another example: if a gardener decides to grow carrots, his or her opportunity cost is the alternative crop that might have been grown instead (potatoes, tomatoes, pumpkins, etc.).In both cases, a choice between two options must be made. It would be an easy decision if you knew the end outcome; however, the risk that you could achieve greater “benefits” (be they monetary or otherwise) with another option is the opportunity cost.

Of course, we realize that every situation is unique. 
We’d love to help you decide if buying is right for you.  Let us help you calculate your own Cost/Benefit Analysis.
 
Contact Randy & Christy Oetken for more information!

208-660-0506

Posted on April 14, 2011 at 2:11 pm
Randy and Christy Oetken | Category: Buyers, Home Ownership, Idaho, Interest, Market Analysis, Market News, Market Value, Mortgage, Our Listings, Pricing, Real Estate, Rental, Save Money | Tagged , , , , , , , , , , , , , , , , , , ,