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Activities OPEN HOUSE THIS SATURDAY: Village Condos Open House Saturday, May 14 12 – 3pm LOWEST PRICE PER SQUARE FOOT IN THE VILLAGE CONDOS! 3BR/2BA Condo Indoor Community Pool & Spa/ Hot Tub Rec Center & Tennis Court NOW $173,900 172 E Knotty Pine Lane Coeur d’Alene, Idaho Call Christy Oetken 208-660-0506 Oetken@RealEstate-Browser.com Directions: North of Appleway on 4th Street, West on Knotty Pine
Buyers 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 […]
Acreage 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, […]
Acreage Oetkens Named 2011 Windermere Coeur d’Alene Realty Top Listers Here’s a “sneak peek” at our Front Page Ad that will be published in tomorrow’s Coeur d’Alene Press.  Thinking of selling?  We’re hard workers.  Put us to work for you! Call us for your FREE Comparative Market Analysis.  To see what your home, land, investment or commercial property is worth in today’s market, call Randy Oetken 208-660-0518 or […]
Build Your Custom Home 4 big money mistakes of first-time homebuyers First-time homebuyers almost always make a few mistakes when buying their home. Perhaps they pay too much, choose the wrong type of mortgage or neglect to budget for needed home improvements. Working with a trustworthy, experienced lender can help prevent such mistakes. But consumers also need to take responsibility for their budgets and choices. “Before […]
Acreage Real estate: It’s time to buy again Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing.  From his wide-rimmed cowboy hat to his roper boots, Mike Castleman fits moviedom’s image of the lanky Texas rancher. On a recent March evening, Castleman is feeding cattle biscuits to his two pet […]
Coeur d'Alene 2011 Windermere Market Review Hello, Friends!  Our Annual Windermere Report (see link below) is an overview of last year’s real estate market and a forecast of the trends, opportunities, and challenges we can expect in the coming months. Forecasting the future is always a risky business.  However, we continue to remain optimistic about the future of our local real […]
Buyers 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 […]
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Bank-Owned Market News: 2011 Real Estate Market Forecast
Activities We Have What Santa Wants! Here’s What Santa Likes, According to the National Association of Realtors and Zillow.com.  But we’ve posted a few suggestions (after the Realtor.org Mag article…) that Santa should add to his Christmas Wish List! Daily Real Estate News  |  December 16, 2010  |   Rooftop Deliveries: Santa Rates the CitiesZillow.com crunched the numbers and determined the 20 top cities on Santa’s […]
Curb Appeal Most Bang for Your Buck: Replace the Front Door in 2011! Daily Real Estate News  |  December 16, 2010  |   Owners Recoup More with Exterior Home Projects As part of the 2010-11 Remodeling Cost vs. Value Report, Realtors® recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of a home at resale time. “This year’s […]
Buyers Market News: SOLD Residential Comparison 2005 – 2010 Here’s the data from the Coeur d’Alene MLS.  Are you thinking of selling your home in 2011? The Pending Home Sales Index,* a forward-looking indicator, rose 10.4 percent to 89.3 based on contracts signed in October from 80.9 in September. The index remains 20.5 percent below a surge to a cyclical peak of 112.4 in […]
Foreclosures REALTOR® Magazine-Daily News-No Foreclosures Over the Holidays Daily Real Estate News  |  December 6, 2010  |   No Foreclosures Over the Holidays Fannie Mae and Freddie Mac are freezing all foreclosure evictions on the mortgage loans they own or back from Dec. 20 through Jan. 3. “If the property is occupied, our foreclosure attorneys will suspend the eviction to provide a greater measure of certainty to […]
I.R.S. 1099 Rental Reporting: What does this have to do with Health Care? Rental Property Owners have been handed another huge burden for reporting income and expenses in 2011 & 2012.   The  Small Business Jobs Act of 2010 and Patient Protection and Affordable Care Act, PL 111-148, signed into law in 2010, both beef up 1099 reporting requirements and pentalties for rental property owners. Between the two acts, Rental Property […]
Market News Strong Rebound in Pending Home Sales Washington, DC, December 02, 2010 Pending home sales jumped in October, showing a positive uptrend since bottoming in June, according to the National Association of REALTORS®. The Pending Home Sales Index,* a forward-looking indicator, rose 10.4 percent to 89.3 based on contracts signed in October from 80.9 in September. The index remains 20.5 percent below […]