What is a SHOME?

We get a lot of questions about this. What… is a SHOME?

A SHOME is a shop + home. In this case a 40×60 shop with a large RV drive through bay on one side and a 1200 SQFT “home” on the other side. Viola, the SHOME. This is something you will find in Idaho and other rural areas.
Property is purchased with the intent of building the dream home. First a shop is erected so that there is a base for all of the future building. Then an apartment or living quarters are built as temporary housing. The plan is to then start the dream home.
Quite often the dream home never gets built and the SHOME becomes the home. Sometimes the Shome was the plan all along.  Here in Idaho we see beautiful Shomes with gorgeous high end finishes and all of the creature comforts that most people want. This shome offered 1 bedroom and 1 bath with a great room and large kitchen. Beautiful views and 20+ acres nearby national forest lands.
The challenge with the SHOME is being able to sell them like you would a home on acreage. Financing is limited and often Shomes don’t qualify for any financing. We were able to sell this SHOME quickly and get it financed. There were a few hoops but thankfully we had amazing clients on each side and our certified pre-owned program really paid off.
Have questions about Real Estate or the market in North Idaho? Get in touch with us, we are always happy to help. www.johnandtracey.com 
John and Tracey Tindall, Realtors
Windermere, Coeur d’Alene Realty
www.johnandtracey.com
208-818-2365 or 2456
Posted on September 7, 2018 at 3:22 pm
John and Tracey Tindall | Category: Helpful Tips, Listings & Selling your Home | Tagged , , , , , , , , , , , ,

Four Reasons to Sell This Winter

Maybe Winder is the best time for you to consider selling?

With Demand remaining high in our area combined with low inventory which continues to drop, this winter might just be a great combination of factors making it an ideal time for you to sell. 

A balanced market will sit at six months of inventory.  Less than six months of inventory and you start heading into a sellers market.  Lower the inventory the greater the sellers market.   In Kootenai County, our inventory sits at less than 3 months in most price sectors.  A large number of price sectors are sitting at just one month.   Low inventory with high demand will increase market values and your list price.  Interest rates continue to remain low which continues to create a tremendous amount of buyers.      

Winter is often thought a difficult time to sell, but in this buying climate it creates a perfect storm for selling!  In the winter months there is even less competition and this increases demand even further.  Buyers out looking in the cold and snow are much more serious buyers too! 

If you are interested in knowing more about the inventory levels in your neighborhood or more about our market and in determining your next step, let’s connect, we would love to assist in keeping you up on the market.    

 

 

Let’s Make Awesome Happen

Team Tindall

 

John and Tracey Tindall

Windermere, Coeur d’Alene Realty

208-818-2365 or 208-818-2456
Posted on December 12, 2017 at 11:19 pm
John and Tracey Tindall | Category: Real Estate Trends | Tagged , , , , , , , , , , , , , , , , , , , , , ,

Radon, A Five Letter Word!

What is Radon?

If you are buying or selling a home, Radon might not be on your radar, but it should be!   Learn more about Radon,  and what you should consider before you sell your home or buy your next one.

Learn more about Radon with John and Tracey 

Let’s Make Awesome Happen!

John and Tracey Tindall 

Windermere, Coeur d’Alene Realty 

208-818-2365 or 208-818-2456

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Posted on September 29, 2017 at 1:05 am
John and Tracey Tindall | Category: Helpful Tips, Keeping it Real - With John & Tracey, Services for Buyers and Sellers | Tagged , , , , , , , , , , , , , , , , , , , ,

What documents to keep and what to toss?

Tax time again and a mound of documents and not sure what to do with it all?

Hopefully you made it through another tax season and found all of your documents needed to file your return.  Now, what documents do you need to keep and which ones should you toss?   Here’s a little guideline which will help you with clearing out the old paperwork, but not throwing away anything that you might need later.

What to keep and what to toss?

 

John and Tracey
Keeping it Real…Estate

John and Tracey Tindall

208-818-2365 or 2456

www.johnandtracey.com

johntindall@windermere.com

traceytindall@windermere.com

Posted on April 18, 2017 at 6:13 pm
John and Tracey Tindall | Category: Helpful Tips | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

January’s Market Update – Is this a good time to sell?

Is this a good time to sell?

Here is your housing snapshot for January 2017  showing an increase of 10% in median home prices and time on market down 5% in Kootenai County.   If you are a seller who is on the fence about putting your home on the market, this snapshot is a good indication that this might be a very good time for you to sell your home.

A market offering higher median home prices,  shorter closing time frames and less inventory will give sellers who decide to list now have some real advantages especially this time of year.

Listing your home before the masses who wait for better weather in April and May can give you the edge for success.  Low inventory combined with a large number of qualified buyers creates competition for your listing.  Many buyers have already lost out on another home and these buyers are ready to pounce once your listing hits the MLS.  Homes that are show ready and priced right are garnering multiple offers at full price and often offers over full price!

If you would like to be kept up to date on the market or know more about selling your home or the value of your home, contact us and we will be happy to provide you with a customized market analysis.

 

Kootenai County Snapshot for January 2017

 


 
Johnandtracey
John and Tracey
Your Professional Agents

 
208-818-2365 John         johntindall@windermere.com        
208-818-2456 Tracey     traceytindall@windermere.com
Website                               www.johnandtracey.com

 

 

Posted on March 3, 2017 at 6:08 am
John and Tracey Tindall | Category: Costs and Spending | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Renting is Expensive! Want to be a First Time Buyer?

Renting is Expensive!  Buying versus Renting which will cost you more?   First Time Buyer and Hopeful First Time Buyers not sure where to start? 

Renting is expensive and rents are rising.  Think you cant afford to buy, think again!

We have helped so many first time buyers get into their first home.  Upon meeting most first time home buyers they think they cant afford to buy a home or won’t qualify.  Worried they need a large down payment to even get started.

We enjoy sharing the buying process with first time home buyers and teaching them the buying process, what to expect and how to get qualified.  Introducing hopeful buyers to options that include buying a home with little to no money out of pocket.   We love spending time with first time buyers and discussing all of the options and educating them on the buying process; what to expect and how it all works.  Fears and worries about “if we can” are replaced with “wow” we can really do this!    When they realize that we are here to help and that it does not cost anything to retain us or get pre qualified true excitement comes rushing in!

If you are a want to be first time buyer or know someone that is renting and wants to explore becoming a home owner, lets connect.  We offer a first time home buyer counseling session where we will answer all all your questions, education you on the process and give you a number of options and get you set up with a lender to get qualified.

Rent or Buy? First Time Buyer or Want to Be?

Renting is EXPENSIVE! Maybe its time to become a homeowner!

 

Posted on February 18, 2017 at 11:47 pm
John and Tracey Tindall | Category: First Time Home Buyer | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

How will this election effect our Real Estate Market?

Election season is here.  Will this next election have an impact on our real estate market?  Here is what Windermere’s Chief Economist, Matthew Gardner, has to say about this subject.

Here in North Idaho we are enjoying a very healthy real estate market and we all want to see this continue.  I know we all have our candidate and beliefs about who should be in office and what they can accomplish – I am no different.  I do believe once we have a new president elect in office and things settle in, we will be back on track, no matter who is elected… my candiate or yours 🙂 

 

Posted on July 5, 2016 at 8:25 pm
John and Tracey Tindall | Category: Real Estate Trends | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Buyer Fatigue – Is it Real?

Our market is healthy here in North Idaho and if you are looking for homes in certain price ranges, the fatigue is real!  The competition is fierce.  So johnandtracey.commany buyers competing for a small number of homes not only stressful but exhausting. Finding the right home and ready to make an offer just to find out another offer or two are accepted before you can even get yours submitted.  Making several offers just to be edged out and having to start from ground zero.  Is this you?

How can you get ahead in this market and go from making offers to getting yours accepted?  A professional fulll time and strategic agent is how!   Well-trained, battle ready and ready to compete for you!  An agent who understands this market  and has a proven strategy for your success.   

Read more about buyer fatigue

Going it alone? Not finding success with what you have been trying… its time for a change.  You need a plan for success and we have one!  We have successfully found our buyers homes within the first week or less.  We know about homes before they are listed and have strategies that are success proven.  Have questions, let's connect. 

 

How to contact John and Tracey

John Tindall: 208-818-2456   johntindall@windermere.com

Tracey Tindall: 208-818-2365  traceytindall@windermere.com

Click here to learn: More about us!

Posted on June 25, 2016 at 2:11 am
John and Tracey Tindall | Category: Real Estate Trends | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Coming Soon! 1168 W Starling in Hayden

Great home coming soon!   More details

4 beds3 baths2,794 sqft

johnandtracey.comSpacious and well maintained rancher with full finished basement in Grouse Meadows. Custom built home offering 2794 sqft. Open living room, large kitchen with skylights and tons of counter space, breakfast bar and two pantries, AC, Main floor master suite with walk in closet, beautiful low maintenance stone flooring, new laminate. Oversized 2 car garage with additional heated storage which could be great craft room or man cave. Large fully fenced yard with mature landscaping, garden area, sprinklers and ample RV parking. Within 10 minutes to Honeysuckle Beach or the Kroc Center and just 5 minutes to dining and shopping. This home offers a roofing credit and you can pick your colors. PRE-INSPECTED and offers a 13 Month Home Warranty and is ready for you! 

 

How to contact John and Tracey

John Tindall: 208-818-2456   johntindall@windermere.com

Tracey Tindall: 208-818-2365  traceytindall@windermere.com

Click here to learn: More about us!

Posted on June 25, 2016 at 12:34 am
John and Tracey Tindall | Category: Coming Soon! | Tagged , , , , , , , , , , , , , , , , ,

New-Home Sales on the Rise!

New Home Sales Surge Past Post Recession High!

Sales of new single-family homes climbed 16.6 percent in April, reaching the highest sales pace since January 2008, the Commerce Department reported this week. Newly built, single-family homes rose to a seasonally adjusted annual rate of 619,000 units in April.  Read more…  

North Idaho's market is healthy with residential sales at a 12% increase over April.  **

Johnandtraceyareastats

 

 

 

 

 

 

 

 

 

 

JohnandtraceyHousingMarketIndex

 

 

 

 

 

 

 

Housing Market Index : National Association of Home Builders   
**Source: Pioneer Title

How to contact John and Tracey

John Tindall: 208-818-2456   johntindall@windermere.com

Tracey Tindall: 208-818-2365  traceytindall@windermere.com

Click here to learn: More about us!

Posted on June 3, 2016 at 7:30 pm
John and Tracey Tindall | Category: Real Estate Trends | Tagged , , , , , , , , , , , , , , , , , , , , , ,