After coming off a record snow fall here in Sandpoint Idaho we are having our share of wet and cold weather. We put our boat in the lake 3 weeks ago and have not had any sunny weather to go out .
As far as our real estate market that too has been a little cool compared to last year. According to our mls, last year for Jan. 2007 to May 2007 we had 277 residental properties close. This year for the same time frame only 183 closed down about 34% from last year. Part of this was caused by the severe winter and the current climate of the lending industry. The good thing is that rates for borrowing money are still cheap. This is the best time for real estate investors to pick great deals on properties. This is a great opportunity to buy your special place in Sandpoint Idaho.
Looking for a deal...call Sandpoint Rich at 208-290-2895 for the latest on our market trends.