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February 23, 2010

Carlin Ridge Estates - CDA Lake Views!

This property is a fantastic value nestled above Carlin Bay Marina on Lake Coeur d’Alene.  Enjoy everything North Idaho offers (boating, fishing, national forest, hunting, hiking, camping, freedom) at a fraction of the value.  This vacant land piece of real estate is priced at only $75,000.  See the video below:

August 4, 2009

Survival & Retreat Type Property

HI All, I have created a link for real estate in North Idaho that is on 5+ acres, treed, southern exposure, creek, pond, or river, slightly elevated or rolling elevation, close to Bureau of Land Management or Idaho State Land, private well or private water supply and somewhat close proximity to small/medium sized self sufficient towns.

Here is a search function you can use to peruse/browse this type of property.  You can adjust price/acreage and bed/bath if that is important to you.

http://link.flexmls.com/ou3p32zvg3h,7

Further, you can request that I build a portal for you so you can search and save listings in your own account.  Let me know if you have interest in this.  Currently there are 74 listings that fit this retreat property/survival property profile.  Let me know if you would like further information including plats/topos, maps on any of these North Idaho listings.

Further, I have access to Kootenai and Bonner County building and planning to help you with permits (if you need them) and property splits, builder suggestions, alternative energy systems and set-up, and more.  Also, if you are a builder or alternative energy supplier/contractor, or have talents/resources you would like to share and would like to be included in my list let me know.  TJB

July 10, 2009

North Idaho Real Estate Analysis - June

The North Idaho Real Estate Market has seen an increase in sales the last couple of months – which is not surprising – North Idaho is a wonderful place to be in the summer. 282 units sold in June. The average days on market increased to 137 days and we are sitting on 29 months of inventory (8340 listings). If we compare ourselves with June 08’ we will see a 13% decrease in total unit sales and a 4% decrease in price (221K vs 212K). Not bad considering the nature of current economic conditions. Please see the enclosed PDF files which include a 2 year trend line of real estate inventory, sales and activity, average sold prices for the last two years, asking vs sold prices, ect. Also, included is the Keller Williams Total Market Overview. This gives all listing, pending and sales activity in every price range. Notice the pick up in activity in the $200-250K price range. I also have Market Overviews for each area and segment in our market (Condos, Post Falls, Sandpoint, Waterfront, Multi-Family, 1 Mil Plus), just let me know what you want and I will send it to you immediately.

REO LIST (84 Active, 8 Pending – 23 sold last month)

Foreclosures and Real Estate Owned by banks continue to keep downward pricing pressure on our active listings. The availability of foreclosures continues to increase every month, with more than a 20% pending ratio! See the list below:

http://www.flexmls.com/link.html?ot50u7tjy8e,7,1

Short Sale List (188 Active, 21 Pending – 19 sold last month)
I ran all the short sales sold in the last year. 70 total. Sellers ON AVERAGE reduced their prices 10% since initially offering their property. Then they averaged a 3.55% price reduction from the bank while in negotiations. This tells me that agents are getting the prices on the short sales below appraised value and close to what the banks will accept. View the list of short sales here:
http://www.flexmls.com/link.html?ot50ucmw7aj,7,1

Waterfront Listings (84 North Idaho Waterfront Listings)
Summer is a great time to be in North Idaho. Here is the latest in waterfront listings.

http://www.flexmls.com/link.html?ot512zgi5s8,7,1

The commercial market is engaging a record $480 BILLION in debt coming due. This is a large number (up to 10X) compared to the residential market!
“…thousands of office complexes, hotels, shopping centers and other commercial buildings are headed into defaults, foreclosures and bankruptcies. The reason: according to research firm Foresight Analytics LCC, $530 billion of commercial mortgages will be coming due for refinancing in the next three years — with about $160 billion maturing in the next year. Credit, meanwhile, is practically nonexistent and cash flows from commercial property are siphoning off.”

Why, you ask, does this affect the market? Well, if you own a commercial property, and you have a balloon payment coming up, traditionally you would refinance, and start the process again. The availability of funds to refinance has dried up and terms have gotten tougher. Understand the issue? It is going to put a strain on banks ability to fund not only commercial but residential, credit lines, ect… This may present some distressed sales/foreclosures in the commercial arena. STAY TUNED. To view the available commercial inventory now, visit my site updated nightly with newest listings:

http://www.NorthIdahoCommercial.com

Total Market Overview CDA

July 2, 2009

Post Falls Real Estate - 5 Acres w Home $239,950!

1739 16th Street (marked as 1925). Great buy in Post Falls. This property may be the best “acreage” deal in the Post Falls area. Priced aggressively at $239,950, this home boasts almost 1600 SQ/FT and nestled on 5 fenced and cross fenced acres. Includes a horse stall (shed) and a shop. If your looking for space, and don’t mind a little “fixing” up, check out this property. Complete property profile here:
http://www.flexmls.com/link.html?ot38fihcxbn,7,1

Post Falls Real Estate 16th Street Flyer

June 22, 2009

North Idaho Get-a-Way Retreat / Survival Property

Hi All, just wanted to get you access to the latest list of North Idaho retreat properties that I think would be an ideal location. I take into account acreage, access, trees, and water (creek/pond). This is a general list of 66 North Idaho properties, if you have more specific needs, please do not hesitate to give me your property needs/wants and I will program a specific query that every time a new real estate listing comes available with your terms, the system emails you IMMEDIATELY. Just email T.J. Barnhart tj@livecda.com.

http://www.flexmls.com/link.html?osavolzmkax,7,1

This link is valid until 7/22/2009.

One property listing that I particularly like is a log home (920 SQFT)on 20 acres 1 mile off of HWY 95 in Careywood. Has a year round creek and an array of over 70 solar panels for self sufficiency. Backs up to State of Idaho land. Large shop, several outbuildings only $269,000. Also includes a doublewide and a singlewide set up for living now…Let me know if you have interest in this property…

May 29, 2009

Recreation in North Idaho

We all need a little break sometime. I was fortunate enough to go to a North Idaho gun range one wintery afternoon (there are many local ranges including hundreds of miles of National Forests) and found a guy that let me shoot his machine gun. What a blast. North Idaho has an abundant amount of recreational activities like extreme hiking, fly fishing, multiple large ski ranges, private and public top golf courses, boating, them parks, and much, much more.

May 2, 2009

Getaway or Retreat Properties in North Idaho

Filed under: Survival Property — Tags: , , — T.J. Barnhart @ 1:03 am

I have an extreme interest in helping people find the getaway, self-sufficient and/or retreat property in the North Idaho region. With threats of worldwide flu pandemics and the uncertain state of the economy, you can’t help but at least think of alternatives for what a family would do if things turned violently ugly really quick. I believe that if you are confident in being in your own home and self sufficient now, you can fully engage in other aspects of your life more confidently i.e religion, family, business, friends. If you already have this mindset, you are ahead of the curve. For the rest, I classify these type of properties with the following attributes: acreage, private well, private water source (pond, creek), abundance of trees, off the beaten path, good sun exposure, and for the survival minded - easily hidden and defendable against hungry or hostile hoards. For more information on the perfect getaway property see the book “Rawles on Retreats and Relocation” at www.Survivalblog.com. Please see my list of properties below that I feel, fit the profile in the North Idaho region. The price ranges for a property like this (w/ home) start at $100,000 and go all the way up to 1 mil+.

http://www.flexmls.com/link.html?or4aufoxope,7,1

I can set your email address to receive any new property that comes on the market, the day it comes on the market. Just let me know if you would like to be added to this “Getaway” Property Alert. Further, let me know if you would like to preview any of these or…any other. Have a great weekend.

Copyright 2009 - T.J. Barnhart, Keller Williams Coeur d'Alene. Equal Housing Opportunity Provider.
  All information on this website is deemed reliable but not guaranteed.