Blog Archive for May 2010


Luxury Home Sales Bounce Back!

Posted May 31, 2010

 

 

cougar customAfter a near-disastrous 2009, the luxury market appears to be making a comeback, driven by growing buyer confidence, improved financing conditions and more-realistic seller pricing. Despite the housing downturn, attractively priced homes in some of the nation's most coveted neighborhoods are selling, sometimes fast and sometimes with multiple offers. Nationwide, sales of homes selling for $2 million to $5 million in the first quarter totaled 2,461, up 32% from a year before.

That sales are up from last year shouldn't come as a big surprise. The shock of the financial panic in the fall of 2008 left many potential buyers too nervous to bid, and those who were willing to wade in found it hard to get financing. But a study for The Wall Street Journal by MDA DataQuick, a real-estate data provider, found that in some areas of the country, sales of homes over $2 million ...


Buying a Coeur d'Alene luxury property? Jumbo loans are getting easier to find!

Posted May 21, 2010

Getting a jumbo mortgage is becoming a little easier for home buyers in the Coeur d'Alene area.Jumbos in the area are mortgages that exceed $417,000, the limit set to receive ...


Buying a home in Coeur d'Alene? There's still time to take advantage of low interest rates in 2010!

Posted May 14, 2010

Home-mortgage rates fell to the lowest level of the year in recent days as Treasury yields slumped due to investors seeking a haven following last week's stock-market turmoil, according to ...


Home Tips Tuesday! Decorate your Coeur d'Alene home with recycled materials.

Posted May 11, 2010

The cost of remodeling a room can be overwhelming, and at times it can stop you right in your tracks with budget-breaking material expenses. Here are a few ideas in ...


Decrease in Idaho jobless rate good for Coeur d'Alene real estate

Posted May 08, 2010

Idaho outperformed the rest of the country in April, with a surge in hiring dropping the forecasted seasonally adjusted unemployment rate down three-tenths of a percentage point to 9.1 percent.April ...


Using the Apple iPad to sell Coeur d'Alene and North Idaho real estate

Posted May 03, 2010

Like several other Apple junkies out there, I immediately rushed out and ordered an Apple iPad the minute I could. While I wasn't quite sure how I might use the ...