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Author Archives: kimcooper
Who to Believe?
One thing is for sure; it is hard to know what to believe when trying to get a handle on the real estate market. Each month the Coeur d’Alene Multiple Listing Service reports on statistics and the latest results show … Continue reading
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It’s a Wonderful World
Everywhere you look there is positive news. I try not to attribute it to the impending election but studious people are not as easily fooled. It is becoming ever apparent that the new improved economy is fragile at best. Unemployment … Continue reading
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Good News
Last week we saw home loan interest rates reach an all time low. Rates for thirty year conventional loans hit 3.82%. That is the lowest rate since these long term loans were first offered in the 1950s. This is great … Continue reading
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Headlines and a deadline
As reported last week the Idaho Association of Realtors successfully lobbied for developers with infrastructure in their subdivisions to be taxed at the lower, “business inventory” rate. If you are a developer, you are nearly out of time to apply … Continue reading
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What we have done
Many of you are aware that Realtors are among the largest and therefore most powerful lobbies in the Nation. Of course our primary goal is to ensure that each of us retains our private property rights. Even here, in the … Continue reading
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A little help, a little hindrance
Rising mortgage interest rates changed course this past week and dropped below four percent again. Rates on 30-year fixed-rate mortgages averaged 3.99 percent for the week ending March 29, down from 4.08 percent the prior week and 4.86 percent a … Continue reading
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Continued improvement seen locally
Far from a speeding train metaphor, yet the local real estate market continues to show improvement. Staff at the Coeur d’Alene Multiple Listing Service has completed the year-to-date statistical analysis and we are maintaining the four percent increase we first … Continue reading
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203k Loan Key to Recovery
No one can argue that the key to housing recovery lies in the absorption of inventory. Simple economic principles dictate that an excess of supply leads to lower pricing, intended to stimulate demand. Foreclosure and short sale inventory puts downward … Continue reading
Melee in Midtown
Well, OK, melee is too strong a word, but the meeting I attended last week did get a bit contentious at times. Minus the Realtors, Coeur d’Alene City Council members and property managers there I’d guess about forty interested parties … Continue reading
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Realtors stay on top of issues
Thanks to the North Idaho Building Contractors, the Coeur d’Alene Association of Realtors has been made aware of a request by Panhandle Health to increase fees for septic permit applications. The Panhandle Health District recently presented their proposed fee increases … Continue reading
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