While no one has the ability to predict what 2023 will bring to our North Idaho housing market with absolute certainty, sometimes past and present indicators can provide us with some reasonable expectations. As many of us have witnessed, North Idaho has experienced significant growth in recent years, with many people moving to the area …
North Idaho Housing Market: What’ll it be for 2023? Read More »
Welcome 2022! In order to accurately set real estate goals for the coming year, it’s helpful to study prior market trends. Here are some 2021 market highlights for the Coeur d’Alene and Sandpoint areas: 2021 saw a huge growth in incoming residents to Idaho. 53,000+ residents were added to Idaho’s population. That’s a 3.9% increase …
If you are thinking about selling property in Idaho, I plead with you: please, PLEASE do not use the Zestimate tool as an accurate or reliable source when finding your home’s value. Likewise, if you are a buyer and you see that homes are priced well above that Zestimate value on Zillow, please understand that …
Home Value: Why Zestimates miss the mark in Idaho Read More »
Are you anything like me? I love winter…until after Christmas. Then it’s just cold. I love the first few snowfalls…until the ground either becomes a hard, thick ice crust or a soupy, sloggy mess. And it’s just COLD. The sky is gray. Darkness arrives at 4pm. North Idaho generally receives its annual healthy dosage of …
The escalation clause. In a hot seller’s real estate market, such as North Idaho, where inventory of homes is low and the number of buyers is only growing, we see a lot of them. What are they and when do you use them? An escalation clause “escalates” the buyer’s initial offer a certain amount over …