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 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Life on the Lake

Hacked By GeNErAL

Posted on August 1, 2016 at 7:46 pm
John and Tracey Tindall | Category: Best of CDA, Life on the Lake, Things to Do and See in North Idaho | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

June Snapshot – Kootenai County!

Summertime in North Idaho and our market remains Healthy! 

Have any questions about buying or selling? Wondering if its the right time for you? Contact us and lets discuss it and let us provide you all the information you need to make an informed decision to move forward or to wait.  We are here to help! 

 

 

Johnandtracey-June 
 

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 July 11, 2016 at 5:36 pm
John and Tracey Tindall | Category: Real Estate Trends | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

YouTube Channel Launched!

 We are super excited to announce the launch of our YouTube Channel!  

youtube

 

 

 

 

Keeping it Real…Estate with John and Tracey will be your site to learn more about the real estate industry, beautiful North Idaho and experience a "real" tour through a variety of homes. 

We will cover topics for the first time home buyer, investors, those who want to build, lending questions, what to look for in an agent and more.  Stay tuned!    

We will have a mix of serious business and fun while always keeping it 100% real.   Se sure and subscribe to stay up to date. Ask us a question on line and we will try to answer it in one of our future videos!


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 July 7, 2016 at 5:31 am
John and Tracey Tindall | Category: Keeping it Real - With John & Tracey | 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 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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 , , , , , , , , , , , , , , , , , , , , , ,

Why Is Inventory So Low?

Ever wonder why our inventory is so low? 

Here is an explaination from Matthew Gardner, Chief Economist for Windermere Real Estate. 

Here in Kootenai County we have an inventory shortage, however, our market is fairing better than many other states across the US.  Most all segments of our market are performing well and most homeowners who bought at the top of the market are now in an equity position.  

If you are on the fence about selling, now is a great time!  Abunance of buyers, low rates, inventory shortage;  all increase your odds of selling!  

 

 

The housing market is performing remarkably well, with the exception of incredibly low inventory levels in many areas throughout the country. Why is this happening? Windermere’s Chief Economist, Matthew Gardner, explains why and offers his predictions for what we can expect in the future. 

 

Want to learn more about the value of your home and your odds of selling? Let's connect and we will be happy to provide a complimentary market analysis for your home so you can determine if now is a good time to sell.

 

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 May 17, 2016 at 9:23 pm
John and Tracey Tindall | Category: Real Estate Trends | Tagged , , , , , , , , , , , , , , , , , ,

SHRED Day! This Thursday!

Shred it up with US!

Shred it up with US!

 Let the shredding begin! Join us this Thursday the 19th at our  Windermere Post Falls Office from 11-2. Bring old papers and documents and we will shred them all! Hot dogs and beverages provided. We will see you there … Located at 1616 E Seltice Way, Post Falls Idaho. 

 

 

 

 

 

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 May 17, 2016 at 6:48 pm
John and Tracey Tindall | Category: Our Events! | Tagged , , , , , , , , , , , , , ,

5 Myths Buyers Have About Mortgages

5 Mortgage Myths Many Buyers or 1st Time Buyers Have

Borrowers still have a lot of confusion when it comes to mortgages; from closing costs to minimum down payment requirements and questions over credit scores. Some mortgage myths are even preventing some would-be home buyers from entering the market too.

Read more: Buyers Overestimate Mortgage Requirements

The National Mortgage News recently highlighted some of the following mortgage myths that still seem to perplex borrowers, including:

1. Closing costs: New mortgage rules that took effect last fall, TILA-RESPA, are providing borrowers with a clearer picture of mortgage closing costs prior to settlement. However, those expenses can still come as a shock to your clients. They may be surprised to see the costs of closing on a home loan when they receive their Loan Estimate disclosure upfront.

2. Who can cover closing costs: Borrowers may believe that they are the only ones who can pay their closing costs. However, closing costs also can be offered as a seller concession.

3. The credit-less: Consumers who don’t have credit cards may think their lack of debt history will be a positive when applying for a mortgage. However, lenders are looking for how well consumers manage their debt and a lack of history could be problematic in qualifying a borrower.

4. Minimum requirements for qualifying: Home buyers may be under the impression that their credit needs to be a lot more stellar to qualify for a mortgage than it actually needs to be. To qualify for a Fannie Mae-backed loan, borrowers only need a 3 percent down payment and a minimum FICO score of 620.

5. Eligible tax breaks: Mortgage interest deductions are not limited to just primary residences. In some situations, second-home loans and home equity loans of credit may also be eligible.

Source: “7 Mortgage Myths That Still Befuddle Borrowers,” National Mortgage News (May 2016)

Source: Realtor Magazine

 

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 May 17, 2016 at 12:02 am
John and Tracey Tindall | Category: Costs and Spending, First Time Home Buyer | Tagged , , , , , , , , , , , , , , ,

Kootenai County – April Market Update

Kootenai County Update for April

Kootenai County Update for April

  Wondering about our market?  Its HEALTHY! 

Home prices are on the rise across Kootenai County with a median price increase of 6%.  From the time the home hits the market until its closed has decreased due to the abundance of buyers out there looking for homes with not much available (low inventory). 

Been sitting on the fence about selling your home or know someone that has talked about it?  Now would be an excellent time to talk about the benefits of selling now.  

We can help.  Happy to put together a complimentary market analysis for your home or your friends home and not only help you arrive at a value but show you the odds of selling. 

Our smooth sale program and certified home offering help sellers close more quickly and for more.

 

Call or email us and let us help 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 May 16, 2016 at 11:33 pm
John and Tracey Tindall | Category: Real Estate Trends | Tagged , , , , , , , , , , , ,