QuotesWindermere October 26, 2011

GREAT QUOTE: Consistency & Hard Work!

Good Morning, Friends!

Here is another powerful quote that came to us from the Windermere Coeur d’Alene Realty weekly E-Newsletter.

I still don’t get why people are so surprised that the turtle beat the rabbit over the long run. Consistent effort, no matter how small, sparks magic, fills sails, butters bread, turns tides, instills faith, summons friends, improves health, burns calories, creates abundance, yields clarity, builds courage, spins planets, and rewrites destinies. – TUT.com

Whatever our challenges today, we are encouraged to KEEP AT IT!  We encourage you to do the same.

Make it a great day!

~Randy & Christy

homeQuotesUncategorized October 12, 2011

In Memorium: Inspirational Quote by Steve Jobs

Dear Friends,

The following quote by Steve Jobs was included in this week’s Windermere Coeur d’Alene Realty weekly e- newsletter.  We thought it was particularly appropriate to send along to you this morning:

“We don’t get a chance to do that many things, and every one should be really excellent. Because this is our life . Life is brief, and then you die, you know? And we’ve all chosen to do this with our lives. So it better be damn good. It better be worth it.” -Steve Jobs in an interview with CNN Money March7, 2008

What are you doing today?  This week?  This year?

What are you doing with your brief life?

We are asking ourselves this question this morning, remembering once again, a great man, who spent his brief life doing what he felt was important.

A timely and poignant reminder to us all.

Let’s live today for what’s really important.  How about it?

~ Randy & Christy

AuctionMarket NewsPress Releases about the OetkensPricingReal Estate August 12, 2011

Christy Oetken quoted re: Hagadone Auctioning Home in Coeur d’Alene

Christy Oetken was quoted in this August 8 article in the Spokesman-Review:

August 6, 2011 in City, Region

Hagadone auctioning home in Coeur d’Alene

Starting bid for Stanley Hill estate is $7.5 million
Map of this story's location
Sept. 8 event

The live auction starts at 2 p.m. Sept. 8 at the Hagadone estate, 3155 E. Harrison Ave. in Coeur d’Alene. Information is at www.jpking.com.

Duane Hagadone’s former Coeur d’Alene home on the hill will be sold at auction next month, if someone is ready to pay $7.5 million or more.

That’s the starting price listed by J.P. King, a high-end auction house that calls the Sept. 8 auction “an opportunity of a lifetime.”

Built more than a dozen years ago, the 15,000-square-foot home seems almost modest compared to some other mega-million-dollar estates that have popped up in North Idaho.

This house, perched on 15 gated acres on Stanley Hill, features three bedrooms, 10 fireplaces and nine baths (plus a nine-car garage to match).

Its “sporting” amenities are what take it to another level: A par-3 golf hole. A bowling lane. Indoor and outdoor swimming pools. A vast wine room. An indoor tennis court. An outdoor tennis court.

Hagadone did not return a call to explain why he’s auctioning the house. Since 2008 he has spent his summers building and then living in a 22,000-square-foot lakefront home on Casco Bay.

The rest of the year Hagadone, who owns newspapers, real estate, the Coeur d’Alene Resort and other businesses, lives in a $30 million home in Palm Desert, Calif.

In 2009 he listed the Stanley Hill property for $27.5 million. In 2010 it was reduced to $17.5 million – at that price still the priciest residential property in the region.

Christy Oetken, a broker for Windermere/Coeur d’Alene Property, said the timing makes sense. “It’s the best time of the year to sell it,” she said. “It’s sunny, you get great views. This is the time of year we look best.”

She’s hopeful the property sells. Like other brokers watching the high-end market in the region, Oetken said it’s been a while since a house has sold for more than $4 million. In 2009 a Coeur d’Alene lakefront home sold for $6.7 million. It’s been dry since, due to the economy, she said.

Craig King, president and CEO of J.P. King, said he doesn’t know how many serious bidders the auction will draw. To register, a person has to submit a $100,000 certified check.

King said the starting point of $7.5 million tells people it’s a solid value. But it’s also low enough to attract bargain hunters, he added.

The auction will be helped by Hagadone’s reputation for owning splendid, expensively built, comfortable properties. “And North Idaho is still a location that attracts celebrities and people of high net worth,” he said.

Certainly, the line of buyers will be smaller than it would be if the economy were stronger, King conceded.

“We expect to see at least six to 12 registered buyers (for the auction). Even with the economy, we’re seeing there’s money out there. For those who have the money, this will really be an opportunity of a lifetime.”

http://www.spokesman.com/stories/2011/aug/06/hagadone-auctioning-home-in-coeur-dalene/

Get more Market News on our website!

Visit

www.RealEstate-Browser.com

AuctionMarket NewsPress Releases about the OetkensPricingReal Estate August 12, 2011

Christy Oetken quoted re: Hagadone Auctioning Home in Coeur d’Alene

Christy Oetken was quoted in this August 8 article in the Spokesman-Review:

August 6, 2011 in City, Region

Hagadone auctioning home in Coeur d’Alene

Starting bid for Stanley Hill estate is $7.5 million
Map of this story's location
Sept. 8 event

The live auction starts at 2 p.m. Sept. 8 at the Hagadone estate, 3155 E. Harrison Ave. in Coeur d’Alene. Information is at www.jpking.com.

Duane Hagadone’s former Coeur d’Alene home on the hill will be sold at auction next month, if someone is ready to pay $7.5 million or more.

That’s the starting price listed by J.P. King, a high-end auction house that calls the Sept. 8 auction “an opportunity of a lifetime.”

Built more than a dozen years ago, the 15,000-square-foot home seems almost modest compared to some other mega-million-dollar estates that have popped up in North Idaho.

This house, perched on 15 gated acres on Stanley Hill, features three bedrooms, 10 fireplaces and nine baths (plus a nine-car garage to match).

Its “sporting” amenities are what take it to another level: A par-3 golf hole. A bowling lane. Indoor and outdoor swimming pools. A vast wine room. An indoor tennis court. An outdoor tennis court.

Hagadone did not return a call to explain why he’s auctioning the house. Since 2008 he has spent his summers building and then living in a 22,000-square-foot lakefront home on Casco Bay.

The rest of the year Hagadone, who owns newspapers, real estate, the Coeur d’Alene Resort and other businesses, lives in a $30 million home in Palm Desert, Calif.

In 2009 he listed the Stanley Hill property for $27.5 million. In 2010 it was reduced to $17.5 million – at that price still the priciest residential property in the region.

Christy Oetken, a broker for Windermere/Coeur d’Alene Property, said the timing makes sense. “It’s the best time of the year to sell it,” she said. “It’s sunny, you get great views. This is the time of year we look best.”

She’s hopeful the property sells. Like other brokers watching the high-end market in the region, Oetken said it’s been a while since a house has sold for more than $4 million. In 2009 a Coeur d’Alene lakefront home sold for $6.7 million. It’s been dry since, due to the economy, she said.

Craig King, president and CEO of J.P. King, said he doesn’t know how many serious bidders the auction will draw. To register, a person has to submit a $100,000 certified check.

King said the starting point of $7.5 million tells people it’s a solid value. But it’s also low enough to attract bargain hunters, he added.

The auction will be helped by Hagadone’s reputation for owning splendid, expensively built, comfortable properties. “And North Idaho is still a location that attracts celebrities and people of high net worth,” he said.

Certainly, the line of buyers will be smaller than it would be if the economy were stronger, King conceded.

“We expect to see at least six to 12 registered buyers (for the auction). Even with the economy, we’re seeing there’s money out there. For those who have the money, this will really be an opportunity of a lifetime.”

http://www.spokesman.com/stories/2011/aug/06/hagadone-auctioning-home-in-coeur-dalene/

Get more Market News on our website!

Visit

www.RealEstate-Browser.com

AcreageActivitiesBenewah CountyCommercialCommercial PropertyIdahoMountain AcreagesMountaintop ListingsOur ListingsPhotographsReal EstateSt Maries & Harrison areas March 24, 2011

Mountain Top Sun and Ski Resort – Great Business Venue

When we tire of well-worn ways, we seek for new. This restless craving in the souls of men spurs them to climb, and to seek the mountain view.
Ella Wheeler Wilcox

 

Exchange the predictable, tired & well-worn paths of urban living for the invigorating purity of the Mountain Wild.

This former ski resort was remodeled in 2006 into a majestic 12,000 square foot Mountain Lodge.  This 95 Acre property is nestled in a remote region of North Idaho, adjacent to the St. Joe National Forest, and yet remains easily accessible from a paved highway.

Nowadays, the ski lift will carry you to quiet cross-country and downhill trails, trodden only by the local wildlife. 

The pine forests whisper peace, and dazzling snow sculptures articulate every detail of this azure mountainscape.

Living is more gentle here.  Inhabit the majestic stillness from the covered lower level porch or upper decks of the lodge, or from the rocked footpaths of the immediate landscaped grounds.

Perfect for private respite, or family gatherings, or business functions, this property can accommodate many, with 13 bedrooms and 10 baths in the Main Lodge alone.

More romantic and intimate, Suite of Rooms atop the Lookout Tower overlooks a gorgeous panorama.  Upper Cabin in the Woods, additional lodge, and a large Shop are just a few of the other accommodations, making this property perfect as a Private Vacation Resort or a spectacular Business Venue.

John Muir wrote, “The Mountains are calling and I must go.”

Come to the Mountains.

 

Check it out at www.RealEstate-Browser.com or call Randy Oetken of Windermere Coeur d’Alene Realty Today:  208-660-0518

BuyersHome OwnershipMarket NewsPricingReal EstateSell January 27, 2011

Good News: Existing Home Sales Jump

As you wander through life,
whatever be your goal,
keep your eye on the donut
and not on the hole!
-Sign in the Mayflower Coffee Shop, Chicago



This quote came to us through our Windermere Coeur d’Alene Realty newsletter this week, and we thought you would appreciate it.

It’s also a great introduction to the Market News that we want to pass along to you today.  It’s GOOD NEWS, especially in the context of the news of recent years. 

Daily Real Estate News  |  January 20, 2011
REALTOR® Magazine-Daily News-December Existing-Home Sales Jump

Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS®.

Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 12.3 percent to a seasonally adjusted annual rate of 5.28 million in December from an upwardly revised 4.70 million in November, but remain 2.9 percent below the 5.44 million pace in December 2009.

Lawrence Yun, NAR chief economist, said sales are on an uptrend. “December was a good finish to 2010, when sales fluctuate more than normal. The pattern over the past six months is clearly showing a recovery,” he said. “The December pace is near the volume we’re expecting for 2011, so the market is getting much closer to an adequate, sustainable level. The recovery will likely continue as job growth gains momentum and rising rents encourage more renters into ownership while exceptional affordability conditions remain.”

The national median existing-home price for all housing types was $168,800 in December, which is 1.0 percent below December 2009. Distressed homes rose to a 36 percent market share in December from 33 percent in November, and 32 percent in December 2009.

 “The modest rise in distressed sales, which typically are discounted 10 to 15 percent relative to traditional homes, dampened the median price in December, but the flat price trend continues,” Yun explained.

We’ve been focusing on the donut instead of the hole – and we’ve already closed several transactions in 2011!

We have strategies that WORK!  We can help you buy or sell real estate this year. Call us Today!

Randy or Christy Oetken
208-660-0506