Arrow PointBuild Your Custom HomeCoeur d'AleneCoeur d'Alene ListingsDowntownHarrisonHarrisonhomeIdahoKootenai CountyLake Coeur d'AleneLandLandLuxuryOur ListingsPhotographsPremier PropertyPremier PropertyReal EstateSt Maries & Harrison areasVideoView PropertyVirtual TourWindermere July 11, 2011

VIRTUAL TOUR: Remarkable Lake Coeur d’Alene View Parcel in Gozzer Ranch

REMARKABLE
Lake Coeur d’Alene View Parcel!

Coeur d’Alene Lake View Golf Course Lot in Gozzer Ranch, a gated members-only community nestled above Arrow Point. This piece is located near Hole #5 of Champion-Quality Gozzer Golf Club. (Membership may be available separately.)

 Call Randy Oetken

Windermere Coeur d’Alene Realty

208-660-0518

Oetken@RealEstate-Browser.com

Check it out at

www.RealEstate-Browser.com

or Text KETT to 72727 for more information

AcreageBuild Your Custom HomeGreat for HorsesGreat for HorsesHome OwnershipIdahoKootenai CountyLandLandMountain AcreagesMountaintop ListingsNew ConstructionOur ListingsPhotographsPost FallsPost Falls ListingsPost Falls ListingsReal EstateView PropertyWindermere June 24, 2011

Post Falls Area Real Estate: 2 10 Acre View Parcels

Leatherwood Estates

Leatherwood Estates

BUILD YOUR CUSTOM ESTATE IN LEATHERWOOD!
Explore the length and breadth of these 10 Acre parcels to discover their truly exquisite characteristics: numerous possible home sites, treed areas, rock outcroppings & tremendous valley, mountain, and Lake Newman views!

A very private & serene part of North Idaho, and located south of the Spokane River, minutes to I90, enabling easy commuting to both North Idaho and Spokane destinations.

A building pad is already roughed in if you desire to place your home on that particular site. Electricity & phone available. The property was previously perc tested – just need to reapply.
Call for info about a well.

Two Parcels are available. Bring your family and friends or just keep all 20 Acres to yourself! Great for horses!

Inquire about terms.

Call Randy Oetken

of Windermere Coeur d’Alene Realty today:

208-660-0518

Oetken@RealEstate-Browser.com

Check it out at

www.RealEstate-Browser.com

We have LAND, Builders, Floorplans,

and

Experienced in New Construction TransactionsEXPERIENCE in the Building Industry!

Call us today! 
We will help you build your dream home…

 

ActivitiesCoeur d'AleneCoeur d'Alene ListingsCommunity EventsCurb AppealDalton GardensDalton Gardens ListingshomeIdahoKootenai CountyLuxuryMarket AnalysisOpen HousesOur ListingsPhotographsPricingReal EstateSave Money June 3, 2011

OPEN HOUSE THIS SATURDAY: .92 Acre Dalton Gardens Home, Possible In-Law Quarters

Open House

Saturday, June 4

12 – 3pm

LEASE/OPTION AVAILABLE! 
Dalton Gardens Home on .92 Acre
4 Beds, 2 Baths
3184 Sq Ft

Main Level Suite includes Bedroom, Living Room, Craft/Office & Private Patio.
Will this be quarters for In-Laws, Guests or yourself?

$259,000

6471 16TH STREET DALTON GARDENS

 

 

6471 16TH STREET DALTON GARDENS

Directions:
Hwy 95, E on Hanley, N on 16th to sign

Call

Christy Oetken

208-660-0506

Oetken@RealEstate-Browser.com

 

ActivitiesCoeur d'AleneCoeur d'Alene ListingsCurb AppealhomeIdahoKootenai CountyLuxuryMountaintop ListingsOpen HousesOur ListingsPhotographsPricingReal EstateSave Money June 3, 2011

OPEN HOUSE THIS SATURDAY: Luxury City View Home with 2 Master Suites

Open House

Saturday, June 4

12 – 3pm

PRESTIGIOUS STANLEY HILL LUXURY VIEW HOME
Stop by and see this Craftsman Home with 4200 sq ft
Luxury
at its best!
3+ bed/ 3.5 bath,  2 Master Suites
Theater, Gourmet Granite Kitchen and In-Law Quarters
Coeur d’Alene City
& Mountain Views!

$485,000
Now includes adjacent lot, for a total of .65 Acre

2202 Stanley Hill Road
Coeur d’Alene, Idaho

2202 E Stanley Hill Road, Coeur d’Alene

Directions:
15th St, E on Elm, Up Hill, House on the Right

Call

Christy Oetken

208-660-0506

Oetken@RealEstate-Browser.com

 

Real Estate May 27, 2011

Thank You, Veterans!

Randy & Christy Oetken wish you a very Happy Memorial Day Weekend and would like to extend our deepest thanks to all our Veterans and their Families.  It is our privilege to honor you and to remember your sacrifices for our great nation.

Thank you for your faithful service to our beloved country.

May God‘s richest blessings be yours this weekend and in the days and years to come!

http://www.ontherightinva.com/wp-content/uploads/2010/05/memorial-day-shadow-soldier.jpg

ActivitiesCommunity EventsFreeHolidaysIdaho May 27, 2011

Memorial Day Weekend: Free Silverwood Admission for American Heros

 

American Hero Weekend Event at

Silverwood Theme Park & Boulder Beach Water Park

   

Date: May 28, 2011 – May 30, 2011

http://www.silverwoodthemepark.com

Event Description

American Hero Weekend

Memorial Day Weekend – May 28-30, 2011 –

Admission is FREE to all military, police officers and firefighters. Their spouse and children are 1/2 price general admission (only $20.99 all ages) when purchasing their ticket at the front gate.

 

http://directory.cdachamber.com/Events/details/event-at-silverwood-theme-park-boulder-beach-water-park-2100

BuyersHome OwnershipMarket NewsMortgageReal Estate May 21, 2011

What do you think: Require 20% Down?

Friends,

We pass this along to you in an effort to keep you informed.  This article was forwarded to us this week from various sources, especially the Realtor Action Center.

We’d love to hear from you.  Comments are open for your opinion on the proposed 20% Down Payment requirement.

Proposed QRM Regulations Could Stifle Housing Market

The National Association of REALTORS is encouraging its members to contact Congress about the proposed regulations governing Qualified Residential Mortgages (QRM). If approved, all homebuyers would be required to pay a 20% down payment when buying a home. This would have a detrimental impact on the real estate industry and the overall economy. Economic recovery depends largely on a housing market recovery; therefore implementing a new rule requiring a 20% or higher down-payment would stop the housing recovery in its tracks.

NAR asks that you consider contacting Congress today and ask them to please make it clear to the regulators that this was not their legislative intent and to instead implement a more reasonable Qualified Residential Mortgage (QRM) that will keep credit-worthy buyers in the market and able to acquire a loan.

It’s very easy to do; just go to the REALTOR Action Center and the website does everything else for you.

https://realtorparty.realtoractioncenter.com/site/Advocacy?cmd=display&page=UserAction&id=1565&utm_source=org&utm_medium=banner&utm_content=rac&utm_campaign=qrm2011

BuyersCoeur d'AleneCommunity EventsHome OwnershipKootenai CountyMarket NewsOpen HousesOur ListingsReal EstateWindermere May 20, 2011

Nationwide Open House Dream Weekend, June 4 and 5

Dream Weekend Open House

Watch for more information on our Dream Weekend Open Houses.
We will be showcasing some of Our Listings on June 4 & 5!

Summer Event Will Put Spotlight on Home Ownership

The 2011 REALTOR® Nationwide Open House will be held on the weekend of, June 4-5, 2011. This event, which began on a local level a few years ago, is a weekend when REALTORS® across the country—and across the globe—are invited to hold open houses in their area. It is designed to drive buyers’ attention and interest to homes for sale and offers opportunities to educate the public about the benefits of home ownership.

http://www.realtor.org/topics/nationwideopenhouse/

AcreageBuild Your Custom HomeBuyersCoeur d'AleneHayden ListingsMarket NewsMarket ValueNew ConstructionOur ListingsPricingRathdrumRathdrum ListingsReal EstateSell March 29, 2011

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 longhorn steers, Big Buddy and Little Buddy, on his 460-acre Bar Ten Creek Ranch in Dripping Springs, a hamlet outside Austin in the Texas Hill Country. The spread is a medley of meandering streams, craggy cliffs, and centuries-old oaks. But even in this pastoral setting, his mind keeps returning to a subject he knows as well as any expert around: the housing market. “I’m a dirt-road economist who sees what’s happening on the ground, and in 35 years I’ve never seen a shortage of new construction like the one I’m seeing today,” declares Castleman, 70, now offering a biscuit to his miniature donkey Thumper. “The talking heads who are down on real estate will hate to hear this, but America needs to build a lot more houses. And in most markets the price of new homes is fixin’ to rise, not fall.”

Castleman is in a unique position to know. As the founder and CEO of a company called Metrostudy, he’s spent more than three decades tracking real-time data on the country’s inventory of new homes….

…Today Castleman is witnessing an extraordinary reversal of the new-home glut that helped sink prices just a few years ago. In the 41 cities Metrostudy covers, a total of 78,000 houses are now either vacant and for sale, or under construction. That’s less than one-fourth of the 343,000 units in those two categories at the peak of the frenzy in mid-2006, and well below the level of a decade ago. “If we had anything like normal levels of buying, those houses would sell in 2½ months,” says Castleman. “We’d see an incredible shortage. And that’s where we’re heading.”

To see where real estate is truly headed, it’s critical to keep your eye firmly on the fundamentals that, over time, always determine the course of prices and construction. During the last decade’s historic run-up in prices, Fortune repeatedly warned that things were moving too fast. In a cover story titled “Is the Housing Boom Over?,” this writer’s analysis found that the basic forces that govern the market — the cost of owning vs. renting and the level of new construction — were in bubble territory. Eventually reality set in, and prices plummeted. Our current view focuses on those same fundamentals — only now they’re pointing in the opposite direction.

So let’s state it simply and forcibly: Housing is back.

Excerpted from

Real estate: It’s time to buy again

March 28, 2011 5:00 am

Read the full article:

http://finance.fortune.cnn.com/2011/03/28/real-estate-its-time-to-buy-again/

For more information on New Construction in North Idaho, visit Our Listings page.

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