What Would a Recession Mean for the Housing Market?
According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see a.. read more →
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The U.S. Homeownership Rate Is Growing
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they own,.. read more →
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Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]
![Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]](https://i0.wp.com/sandpointrealtyidaho.com/blog/wp-content/uploads/2022/08/20220811-KCM-Share-549x300-1-492x269.png)
Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures.. read more →
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What Does the Rest of the Year Hold for Home Prices?
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly… read more →
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Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your.. read more →
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Selling Your House? Your Asking Price Matters More Now Than Ever
There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a.. read more →
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Why the Forbearance Program Changed the Housing Market
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis.. read more →
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First month 1st sale Congratulations Monique
Come celebrate a fantastic milestone with us! Do you remember your first sale? Many of you do no matter how long you have been in the business. As you know we invited Monique Couture to come work with us a few weeks ago. I am proud to say she is off and running and just closed.. read more →
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Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]
![Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]](https://i0.wp.com/sandpointrealtyidaho.com/blog/wp-content/uploads/2022/08/20220805-KCM-Share-549x300-1-492x269.png)
Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years. Let’s connect.. read more →
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Riverside Harbor 3 bedroom 3.5 bath home
809 S Riverside Harbor Post Falls ID$795,000 Southern elegance and charm found in North Idaho’s appealing Riverside Harbor community. 2,679 sq. ft. 3 bedroom 3.5 bath home with 2 car attached surrounded by immaculately groomed front and back yards with covered decks and open concreted patio. Stepping from the front porch main entry to the impressive.. read more →
