Blog Archive for Home Buying


Housing supply likely to fall as strong sales continue

Posted October 11, 2010

 

riverstone condosCOEUR D’ALENE, Idaho — Condominium projects across the greater Coeur d’Alene area are reporting strong sales as the end of 2010 nears. With projects such as Black Rock’s Riverfront House Condos being over 70% sold out, the Village at Riverstone condos nearing 75% sold out and strong sales at both Parkside and Ridgepointe, the supply of condos for sale in Coeur d’Alene will likely fall as 2011 approaches.

The real estate decline in 2008 hit developers of condominiums extremely hard throughout the world. In Coeur d’Alene, projects such as Ridgepointe Towers went back to the bank while others such as the Village at Riverstone held public auctions to clear out remaining inventory. Other projects in the area were forced to slash prices in order to compete with auction and bank-owned prices. This was good news for buyers.

Very few developers, if any, have plans to develop ...


Encouraging signs in the Coeur d'Alene real estate market

Posted October 07, 2010

Nearly every market throughout the country experienced an unusually slow summer for real estate sales when all expectations pointed towards a recovery. The Coeur d'Alene, Idaho real estate market wasn't ...

Coeur d'Alene waterfront condos going fast!

Posted September 25, 2010

We are pleased to announce that since our post yesterday about the last sub-$200,000 condo in Bellerive still being available, we were able to put that unit under contract. There ...

Only one unit remaining under $200,000 at the Riverfront House Condos in Bellerive!

Posted September 24, 2010

Don't miss this incredible opportunity! Only one unit remains at the Riverfront House Condos in Bellerive. The Riverfront House Condos & Lofts are Coeur d'Alene's only urban condominium project with ...

The business of extraordinary living and the power of an extraordinary brand

Posted September 17, 2010

Under the Black Rock Properties Group's new affiliation with Tomlinson Sotheby's International Realty, we are proud to say we have joined forces with the leader in the luxury market. From ...

Are you a foreign buyer for Coeur d'Alene real estate? Here is some advice for foreign home buyers

Posted September 07, 2010

House of Representatives b ill H.R. 5072, known as the FHA Reform Act of 2010, has passed the House and been referred to the Senate. As now written, it will ...

End of Summer blowout prices at the Riverfront House Condos at Bellerive in Coeur d'Alene!

Posted September 03, 2010

A bank ordered liquidation of the remaining Riverfront House Condos at Bellerive is now under way in Coeur d'Alene's most sought after waterfront community. Prices of multiple units have been ...

Mortgage rates continue to hit record lows in Coeur d'Alene

Posted September 03, 2010

Average mortgage rates hit another record low even as Treasurys sold off, according to Freddie Mac's weekly survey of mortgage rates.Mortgage rates have been slumping for months as investors buy ...

Average median home price rises in July showing signs of a stabilization.

Posted August 24, 2010

Once again, some more negative news regarding the state of the housing market hit the press today. The number of existing home sales decline in July to the lowest level ...

The realities of the luxury housing market supply in Coeur d'Alene, Idaho.

Posted August 21, 2010

There is no denying that in Coeur d'Alene, and around the world, the luxury housing market has seen a tremendous downturn.As of August 21, 2010, the Coeur d'Alene Multiple Listing ...