Janna Rankin Scharf, GRI, CLHMS, SFR - Coeur d'Alene, Idaho Short Sale Realtor
As of today, there are 277 homes listed for sale as short sales in the Coeur d'Alene Multiple Listing Service. Of these, a little more than one third have contracts pending. This is up from 248 Coeur d'Alene short sale homes for sale at this time last month. The Coeur d'Alene short sale pending ratio was just about the same, slightly over one third.
Click here for information and photos of all 277 homes for sale listed as short sales in the Coeur d'Alene Multiple Listing Service.
(This link will update daily and remain active for 30 days. After that, give me a call and I will send you a fresh active link.)
Short sales have been a significant part of our local real estate market as a result of the housing bubble we saw here between 2005 and 2008. They can be more complicated than a traditional equity sale because the seller's lender has to approve the short sale. However, Coeur d'Alene area short sales are usually a very good value for buyers as you can see in the chart below.
Don't hesitate to give me a call if you would like more information on either purchasing or selling a home as a short sale in the Coeur d'Alene area.
Whether you're buying or selling, it will make a huge difference to your eventual success to have an experienced and skilled short sale agent on your side. My success rate for my short sale clients is 100%.