MARKET REPORT

courtesy of NEDRA KANAVEL, ASSOCIATE BROKER, IDAHO AND MONTANA

WE ARE IN A UNIQUE WINDOW WHERE BOTH BUYERS AND SELLERS CAN WIN. Signs are showing of interest rates settling down. Mortgage-backed securities are continuing to increase in value, causing interest rates to trend downward. This means lower house payments for buyers and less volatility overall. Traditionally, sellers are told to wait until spring. However, with so few houses on the market, this winter is an ideal time to shine, with very little competition.

Are you curious about current real estate trends in Sandpoint, Idaho? See page 32!