Coeur d'Alene Idaho Real Estate & Property Management

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Positively beautiful Coeur d'Alene area home with delightful Northwest Log Home accents

Beautiful and spacious 3 bedroom home, built and currently occupied by a custom home builder that excells at his craft.

 Coeur d'Alene Idaho Home for Sale

Check out details on this home our blog for North Idaho Home Buyers and even more details on our website about North Idaho Real Estate

 

For more details on this property, please visit the photo tour for this property.

For information on more homes for sale in the Coeur d’Alene Idaho area, please visit our North Idaho homes for sale page.

Visit our website to access to the Coeur d’Alene Multiple Listing Service search features.

OFHEO News Release

 
 

 

  

 

FOR IMMEDIATE RELEASE

June 28, 2007

 

 Office of Federal Housing Enterprise Oversight (OFHEO)

                              NEWS RELEASE  

 

CONTACT: Corinne Russell (202) 414-6921

Stefanie Mullin   (202) 414-6376

 

 


 

 

 

 

 

 

 

 

 


OFHEO ANNOUNCES FIRST QUARTER 2007 MINIMUM AND RISK-BASED CAPITAL
  CLASSIFICATION FOR FANNIE MAE and FREDDIE MAC
 Reaffirms Fannie Mae Q 1-4 2005 as Adequately Capitalized


full release available at: http://www.ofheo.gov/media/pdf/1Q07capclass62807.pdf

 

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OFHEO's mission is to promote housing and a strong national housing finance system by ensuring the safety and soundness of Fannie Mae and Freddie Mac.

 

 

OFHEO News Release


 

   

 


FOR IMMEDIATE RELEASE
June 25, 2007

 

 Office of Federal Housing Enterprise Oversight (OFHEO)
                              NEWS RELEASE  
 
CONTACT: Corinne Russell (202) 414-6921
Stefanie Mullin   (202) 414-6376

 

 


 

 

 

 

OFHEO Releases “Mortgage Markets and the Enterprises in 2006”

 

WASHINGTON, DC — James B. Lockhart, Director of the Office of Federal Housing Enterprise Oversight (OFHEO) today released “Mortgage Markets and the Enterprises in 2006,” an annual research paper that reviews developments in the primary and secondary mortgage markets and the financial performance of government-sponsored enterprises Fannie Mae and Freddie Mac in 2006.

 

“This report is part of OFHEO’s ongoing effort to enhance public understanding of the nation’s housing finance system,” said Director Lockhart.

 

The report also provides updated historical data on the activities and performance of the GSEs, federally-established loan limits, mortgage interest rates, housing activity and information about home prices.

 

The full report is available at: www.ofheo.gov/media/pdf/MortgageMarkets2006.pdf 

 

 

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OFHEO's mission is to promote housing and a strong national housing finance system

by ensuring the safety and soundness of Fannie Mae and Freddie Mac.

If you want to sell your home, list with a mega listing agent, not the "little" guy.

I just had to write this post in response to Jim Crawfords vent titled When the listing agent boasts. Now, I understand Jim was venting and I believe he really wasn't painting a broad brush stroke to all "mega" agents.  But, the comments made on his blog showed me that many other agents believed that all "mega" agents are just as Jim stated in his post.

Well, it's sad that agents think that.  This post is going to cause riots, I know it but I am going to throw it out anyway.

For too many years I've heard 'newbies' or 'the little guys' whine, moan, complain and try to come up with every single negative reason why a 'top producer' or 'mega agent' is just a bad bad bad thing for society.  In the majority of these whine and moan cases, it came right down to jealousy and envy, plain and simple.  

I've seen agents get angry because such and such listing was sold before they had a chance to show it to their buyers.  Oh, I'm sorry, are we supposed to keep it on the market for an extra week (or month) just so you can maybe possibly have a sale?

I've seen agents get prickly and say a listing is priced at a "fire sale" because it received an offer, accepted by the seller, within 7 days of being put on the market.  They've also come back and said that it can't possibly be a comparable (when they are told their property is over priced) because it was just priced too low.

I have something to say.  If mega agents are so terrible, why is it that a higher % of their business is repeat and referral clients than the "little guys" business?  If "mega agents" are so terrible and the "little guys" are so much better, why does NAR state that the average repeat business is less than 6% for agents nationwide?

Why is it that we hear more complaints from 'jump over' clients about the "little guys" than I have room to write here?  Clients are tired of agents that do 1-2 transactions a year.  They are tired of not being able to reach their agent because they are "keeping a balanced life" (in the middle of the day, in the middle of the week) or that they aren't available 1/2 of the time because they are working another job, or that they don't have the experience or knowledge base to help the clients when it comes to price setting, negotiation and follow through.  Clients are tired of deals falling through because the "little guy" doesn't know the endless possibilities available to make a deal work.  Clients are tired of not getting the property they desire because they are out bid or moving to slowly.  Clients are tired of their property not selling when the 'mega agents' properties are selling faster and at higher prices. 

In other words, they want service and for many, service is not received just because it's "one" agent without team members.

As for the whole "I want to talk to "the" agent and not the assistant" mentality - well, that's your issue, not the teams.  If the team is structured well and each person knows their specialty, then the client doesn't need to talk to "the man" (or "the woman") and is content and confident that the person they are talking to is advising them just as "the man" (or "the woman") would advise.

For years I worked with David just as his "assistant".  Now I'm the listing agent for the team.  My name isn't advertised on any of the listings, but when agents call to talk with David, it's me they get.  For the agents who have been in business 5 years or more, they know me, they know I know my job and they never blink an eye at the fact that I am the person they talk to.  However, for the agents who've been in the business less than 2 years, boy do they have this "you are not good enough" attitude, and is it ever strong. It's more of an insecurity complex than anything else.  Quite frankly, I look at them like a passing dreamThey'll be gone in a year so all I have to do right now is be polite and tolerate them.

There are very very few agents in my market who work alone (no assistants) that I am confident know their craft and can do their job.  I can count them on one hand and I immensely enjoy working with these agents.  I know more agents with assistants or teams that are excellent at their craft, those I need more fingers to count.

My point is - more 'rumors' abound about teams than they do about lone agents and <gee> I wonder why.

Golfing at it's finest - and yes, it's all in North Idaho

 A few days ago I wrote a post about the top golf courses in North Idaho (which are also considered some of the top golf courses in the Nation).

Today it is my pleasure to introduce you to yet another highly (national) rated golf course here in North Idaho called Circling Raven.

"Circling Raven Golf Club announces that the award-winning Gene Bates designed layout in the scenic Idaho panhandle has been ranked No. 4 in Golf Digest Magazine’s “Top-40 Casino Courses” list nationwide (July 2007 issue, currently on newsstands)."

"This is the fourth best-of casino course list on which Circling Raven has been included – Golfweek Magazine, Native American Casino Magazine and Native People Magazine have all accorded it similar distinction."

"Other recent honors bestowed upon Circling Raven include:
Zagat Survey “America’s Top Golf Courses 2007-08”
Golf Magazine’s “Top 100 You Can Play – Courses to Watch for 2008”
PGA of America Northwest Section Golf Shop “Merchandiser of the Year”
Golfweek Magazine’s “Best Resort Golf Courses in the U.S.”
Fairways + Greens Magazine’s “Best Resort Courses in the American West”
Service Excellence Award by the Coeur d’Alene Area Chapter of the Idaho Department of Commerce and Labor"

So, if you are golf connoisseur, you definitely need to visit North Idaho.

 

 

Coeur d'Alene Idaho and Ironman - a longer term relationship

It was announced today that Coeur d'Alene and Ironman have officially made their intentions known.  Ironman will be with us for another 5 years and if everything goes as planned, indefinitely.

Additionally, Coeur d'Alene will now be the first Ironman of the year in North America in 2008 (because Arizona's April Ironman has moved to November).

Five years ago 1400 triathletes signed up for Ironman.  This weekends event has 2200 signed up.

The Coeur d'Alene Press has the detailed article here

OFHEO News Release


 

  

 

 

 

FOR IMMEDIATE RELEASE

June 20 , 2007

 

 Office of Federal Housing Enterprise Oversight (OFHEO)

                              NEWS RELEASE  

 

CONTACT: Corinne Russell (202) 414-6921

Stefanie Mullin   (202) 414-6376

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

  OFHEO RELEASES CONFORMING LOAN LIMIT GUIDANCE FOR COMMENT

 WASHINGTON, DC -- The Office of Federal Housing Enterprise Oversight has placed on its Web site for public comment a guidance on conforming loan limit calculations.  These calculations establish the maximum size limit for loans that Fannie Mae and Freddie Mac may purchase, as provided in their charters.  The conforming loan limit is adjusted annually through a calculation of year-over-year changes to the existing level of home prices based on data from the Federal Housing Finance Board (FHFB).  

In 2006, after a decline in housing price numbers, OFHEO announced that, while the house price level in the FHFB series had decreased, the effect of that decline on the conforming loan limit would be delayed a year and that OFHEO would revise the existing guidance and address how the decline would be implemented.   The guidance released today elaborates on and revises the existing guidance: Supervisory Guidance Conforming Loan Limit Calculations, SG-04-01 (February 20, 2004).

Because of the importance of the conforming loan limit to homebuyers, other financial institutions, mortgage bankers, builders, realtors and others, OFHEO is seeking public comment on the guidance.  Comments are due by July 19 and should be addressed to Alfred Pollard, General Counsel, OFHEO, at either 1700 G Street N.W., 4th Floor, Washington, D.C. 20552 or  ofheoguidancecomments@ofheo.gov

Link to Guidance: www.ofheo.gov/media/pdf/confloanlimguidance62007.pdf 

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OFHEO's mission is to promote housing and a strong national housing finance system by ensuring the safety and soundness of Fannie Mae and Freddie Mac.

What Makes North Idaho Great? Golfing of course!!!

Over the past decade, we've had a boom in the golfing industry.  In 1984, Duane Hagadone announced his intentions to build a PGA quality course with the worlds only floating & adjustable golf green  Coeur d'Alene hit the golf lovers list of dream courses to golf.

In early 2000, Mr. Chesron started building Black Rock, an exclusive, members only golf-course overlooking Coeur d'Alene Lake. Around that time area residents also received news of Gozzer Ranch. another high quality golf course.

In 2006, Jack Nicklaus closed the Hidden Lakes Public Golf Course and started building "The Idaho Club".  This PGA quality course is located on Pend Oreille (Pond Oray) Lake near Sandpoint, just a quick drive north of Coeur d'Alene.

Jack was visiting the other day, along with other sports figures working on his new golf course.

Rental Homes, Townhomes, Apartments - Coeur d'Alene, Post Falls, Hayden Lake Idaho

Here is our weekly ad with available rental properties.  For questions on these properties, please call our office at 208-262-2222.  If you would like to see a photo tour or submit an application on any of these properties, please visit our website to do so.

 

Rentals available in North Idaho

Prospective Owners: 

D&M Management LLC strives for excellent client/customer service.  We treat your property just like we treat our own properties.  Our goal is to help you achieve your financial dreams through real estate investing and property management in the North Idaho area.

A New Addition . . .

Kraig & Katie Kincheloe, my sister and brother-in-law and co-owners of D&M Management LLC, had their baby, Alexa Laine Kincheloe, on Friday June 15th.

Alexa was 8lbs, 6.8oz and 20.5" long (and 2 weeks early).   Alexa, Kraig and Katie are all doing well!  I'll post a picture or two in this same post later today.