JUST LISTED: 6+ Acre Mountain View Retreat
A Story-book Setting on 6+ Acres!
SOLD
Colorful flowers, bushes and shrubs backed by charming split-rail fencing adorn this idyllic private mountain view retreat. If you yearn for a quiet life in the country, far away from the noise and rush of city life,
then you will fall in love with this
3BR/2.5BA, 1782 sq ft Country Home!
You can almost hear sleigh bells from your spot in front of the
cozy living room wood stove.
Though the weather outside may be frightful, the skylights are so delightful!
Christy Oetken
208-660-0506
US News: Post Falls Named one of 10 Best Affordable Mountain Towns for Retirement
There you have it! USNews.com has discovered what the rest of us have known all along. This time, Post Falls has been recognized in the Top 10 Most Affordable Mountain Towns for Retirement. Below are excerpts from the full article:
10 Best Affordable Mountain Towns for Retirement
These places offer scenic views and groomed slopes at economical prices.
Posted: July 12, 2010
…To find this and other low-cost mountain towns, U.S. News fired up our Best Places to Retire search tool. We looked for places that offer access to plenty of skiing, trails, and wildlife, while still providing affordable housing and a reasonable cost of living. We also used the Onboard Informatics data to screen for other retiree-friendly characteristics, such as access to healthcare and a low crime rate…
Few aspiring retirees have enough saved to buy a retirement home in Aspen or Lake Tahoe. But if you’re willing to look beyond the most well-known ski resorts there are mountain towns that offer scenic views and well-groomed slopes at far more affordable prices. In Salt Lake City, the host city for the 2002 winter Olympics, the average home sale price has dropped by 11.92 percent since last year. And in Bend, Ore., average housing prices decreased by a whopping 17.62 percent since 2009. Redding, Calif. and Post Falls, Idaho have also experienced recent drops in average housing prices, which could mean bargains for newcomers. …
Check out these 10 affordable places to retire in the mountains:
Blacksburg, Va.
Bend, Ore.
Boone, N.C.
Bozeman, Mont.
Burlington, Vt.
Fayetteville, Ark.
Post Falls, Idaho
Redding, Ca.
Salt Lake City, Utah
We have POST FALLS Listings!
HIGHLANDS GOLF COURSE AREA
Priced to SELL FAST!
Gas Fireplace & 3 Car Garage
LARGE HOME & HUGE SHOP
on 4.5 Acres
4 Beds, 3 Baths
3240 Sq Ft
LEATHERWOOD LOT 1 & LOT 2
Build your Custom Estate
Two 10 Acre Parcels available
Lake Newman, Mountain & Valley Views
GREAT INVESTMENT PROPERTY
1800 sq ft Duplex
2BR/1BA Units
Great Rental History
Visit Our website,
www.RealEstate-Browser.com
Our Listings
as well as
ALL of the listings on the Coeur d’Alene Multiple Listing Service
plus our
Hot Sheet
(brand new listings on the market)
and
Market News
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:
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 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.
We’d love to help you decide if buying is right for you. Let us help you calculate your own Cost/Benefit Analysis.
208-660-0506
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.
Randy Oetken 208-660-0518
Christy Oetken 208-660-0506
Oetken@RealEstate-Browser.com
New Listing: Riverfront Acreage with House, Cabin, Shop & Garden House
We just listed this beautiful home on the Coeur d’Alene River:
We hate to brag, but we can’t help but notice the noteworthy comparisons between this lovely property and its namesake, a beautiful National Park on the Emerald Isle:
The charming town of Killarney Ireland is situated in the southern region of County Kerry, snuggled between sparkling lakes, deep forests, and high peaks. County Kerry is famous for its mountain ranges, cliff-filled coastlines, and beguiling islands and peninsulas. Killarney, also called Cill Airne, serves as the bustling center of this gorgeous region. The town of Killarney itself is gracefully charming and the nearby Killarney National Park can’t be missed.
Like its namesake, this Killarney Road Riverfront Acreage is an idyllic place to call home. We can’t promise a pot of gold at the end of the rainbow, but we can promise vistas of golden pasture, amethyst river, emerald pines, and purple mountains. A rainbow of color!
Here are a few more of its amenities:
5+ Acres
(.71 Acre on the Coeur d’Alene River)
located near the Killarney Lake Boat Ramp & Dock
off Highway 3
Cedar-Sided 2 Bedroom Home
SHOP, Garden House & Guest Cabin
No need for the “Luck 0′ The Irish”
because this property is priced to sell…
And that’s NO BLARNEY!
Check it out at
www.RealEstate-Browser.com
or call
of Windermere Coeur d’Alene Realty
for more details.
208-660-0506
VIRTUAL TOUR: Selkirk Meadows Homes by Rosenberger Construction
Rosenberger Construction will build your Custom Estate in 2011.
Call Randy Oetken of Windermere Coeur d’Alene Realty to review floorplans for The Bridger, The Sequoia and The Madison.
208-660-0518
Randy@RealEstate-Browser.com
Take a Virtual Tour of Rathdrum’s Premier Neighborhood, Selkirk Meadows