Mark Don McInnes Sandpoint Realty 208-255-6227

Tag: MarkDonMcInnes

  • Will End of Forbearance Bring Sandpoint Foreclosure Flood? NO

    Will End of Forbearance Bring Sandpoint Foreclosure Flood? NO

    In North Idaho one can go to many different sources and research questions concerning the possible Flood of Foreclosures that many, mostly the uninformed public, continue to bring into conversations, with the end of forbearance nearing .  The stated flood of foreclosures on the horizon is just not going to happen. 

    Sandpoint Realty LLC - October Home Inventory

    The above chart is but one indicator the housing market is much different than that of the housing crash in 2008.  2008 and 2010 showed Home Inventory at 1 year levels and today the national average is roughly 3 months.  Many areas, such as Sandpoint North Idaho, being far less than that.  

    Another item relating directly to this is the actual number of mortgages actually still in forbearance.  There are, as of Friday October 29, 2021, 1,221,000 mortgages in forbearance.  The predicted number at the beginning of the program was 9.3 million.  Of the mortgages still in forbearance 93% have at least 10% equity.  That equity allows for choices and options that just were not there during 2008.

    Do you have concerns about possible foreclosures putting pressure on our Sandpoint North Idaho housing market?  Please do contact me and I would be happy to discuss any of your concerns from both the buyer and seller side.

    ‘Experience the Difference’ in working with a full time professional REALTOR®.  Your wants and needs will always be my priorities.  

    Mark Don McInnes

    Broker – REALTOR®

    208 255-6227

    SandpointNorthIdaho.com – North Idaho Home & Land Searches

    Sandpoint Realty LLC

    1205 Highway 2

    Sandpoint, Idaho 83864

  • 6 bedroom 2,676 sq. ft. Sandpoint Idaho Home for Sale

     Sandpoint Idaho Home for Sale

    Sandpoint Idaho Realtor Mark Don McInnes with Keller Williams Sandpoint

    Large 2,676 sq. ft. home on 1/2 lot in the highly sought after Sandpoint Community of Syringa Heights.  If you missed ‘Saturday Spotlight’ this week presented by Mark Don McInnes Realtor®, with Keller Williams Sandpoint, this home was highlighted.  Click here to see the short YouTube Video of 306 Syringa, Sandpoint Idaho 83864.

    306 Syringa Heights, Sandpoint Idaho 83864 Mark Don McInnes

    Along with the 6 bedrooms there are a couple nice additional features, one being the new wiring and plumbing which allows for installation of a kitchenette on the lower level.  Must view this home in person to fully appreciate.

    ‘Experience the Difference’ in working with a full time professional Keller Williams Realtor®.  Contact me for more information or to set up showing.

    Listing Courtesy Karen Rodriquez of Keller Williams Sandpoint.

    Mark Don McInnes – Associate Broker

    Keller Williams Sandpoint

    120 South Second Avenue

    Sandpoint, Idaho 83864

    Affiliate Keller Williams Coeur D’Alene

  • Congratulations to New Keller Williams Sandpoint Agent – Cindy Kramer

    Keller Williams Realty Sandpoint

    This past Saturday I met with Cindy Kramer at Keller Williams Realty Sandpoint office.  Cindy is a new Real Estate Licensee and researched what agency she felt she would fit best with.  We had communicated a few times about her joining Keller Williams Sandpoint.  She had decided to do so and had most of the paperwork signed and filled out.  With initial classes and training coming this week, at Keller Williams Coeur D’Alene, Cindy still had many questions.  I like questions.  They can show one many things just beyond the questions themselves, so I happily met with Cindy at our Keller Williams Sandpoint office.

    I have to say right now, CONGRATULATIONS CINDY!  A big Kudos on a few different levels.  First with Covid-19 paralyzing many people you not only made it through Real Estate school but chose to continue on.  Snap decisions are often made, straight out of school, as to where one will work.  Cindy asked many intelligent questions prior to us even meeting at Keller Williams Sandpoint office. 

    A couple key items helped with the final decision.  The Education that is available to any agent at Keller Williams.  More than 50% of that being free.  Keller Williams named #1 in training 3 years, and keep in mind that is against all companies, not just Real Estate Companies.   Secondly the culture of Keller Williams attracted her.  A giving company, with founder Gary Keller, always putting the agents as the priority.  That expands out from top to bottom.  From within company to clients.  

    And third was the pay.  Not only what would be received with the first commission check but what possibilities lay ahead with consistent efforts.  I must chuckle when thinking back at my Keller Williams decision.  Many touted the pay and the company to be a pyramid scheme and that I would surely regret my decision.  I am still with a company that is #1 Agent based in the United States, #1 with number of transactions, and #1 in volumn.  The hat trick.  

    Again Cindy, congratulations.  Your questions and demeanor lead me to feel very strongly your Real Estate successes are but around the corner.  I am pleased to have been part of your decision making process.  Thank You.  

    “Experience the Difference in working with a full time professional Keller Williams agent.  Contact me for any North Idaho Real Estate questions or any questions you might have in possibly starting your Real Estate career.   

  • Schweitzer Mountain Resort Condo for Sale

    Schweitzer Mountain Resort

    Condo for Sale

    On occasion a special opportunity presents itself.  This Schweitzer Mountain Resort Condo for sale is just that.  Nicely appointed, and well maintained, Bavarian style studio condo with Mountain views.  The Bavarian style studio condo becomes part of the get-a-way experience, not just somewhere close by to sleep.  Come feel the magic of the Schweitzer Mountain Resort Condo for Sale.

    Schweitzer Mountain Resort Condo

    Kitchen and kitchen nook area present charm and ambiance, whether for eating, game night or just talking over the days past activities.  Built in park style picnic bench, custom counter tops, dishwasher, disposal, cupboard space, range / oven, all add to making every stay a special one.  

    Schweitzer Mountain Resort Condo

    Step to the main sleeping area to find a canopy style bed with storage drawers beneath.  Natural gas free standing stove for heat and ambiance with more seating.  TV or viewing the mountain and slopes from the window made warmer with the fire.  Living Room / main sleeping area can be closed off from kitchen, alcove bunk area and bathroom, with a pocket barn style sliding door.  

        The alcove hosts 2 built in bunk beds allowing for sleeping 4 a non issue.  Directly across from the bunk beds is the bath room.  Tile-Glass shower with separate lighting, tile floor and newer fixtures make for a clean, neat feel in the bathroom. 

         Schweitzer Mountain Resort is a year round resort.  Mojo Coffee open 365 days a year.  Summer and fall mountain biking and hiking.  Events such as the  Fall Fest, Live Music, Color Run, Bike race from base to village, summer lifts to Summit Lodge and restaurant and tavern.  One must see this Schweitzer Mountain Resort Condo in person to truly feel how special it is.  

    Selkirk MLS 20200518   –   $259,000

    Contact me, Mark Don McInnes, as you local North Idaho Real Estate Resource.  ‘Experience the Difference’ in working with a full time professional Keller Williams Realtor.  

  • Keller Williams Realty Capper – Rain Silverhawk

    Rain Silverhawk 

    Keller Williams Sandpoint – Capper Award

     Congratulations to Rain Silverhawk who is pictured with her Keller Williams ‘Capper’ award, for 2019, at the Keller Williams Realty Coeur D’ Alene Vision Breakfast. A yearly event held to highlight agents for their past year’s achievements, as well as give insights to the direction of the Keller Wiliams Coeur D’Alene Market Center for the coming year.  To say the numbers, of not only the agents but the market center as well, were impressive would be an understatement beyond my imagination.

    More than numbersthough, I am interested in expressing what Rain Silverhawk demonstrates on a daily basis.  While having impressive Real Estate performance year after year she embodies the Keller Williams Culture.  There to help and assist those who might need.  Going the extra mile time in and time out for her clients.  Working the past two years for the ALC leadership and bringing monthly meetings to Keller Williams Sandpoint without fail.  Working with new, and seasoned agents alike, to grow their business.  Teaching classes in Coeur D’Alene for agents to better kick start their own personal business.  The list goes on and on.

    Long have I respected the work of Rain Silverhawk.  From our first transaction together, to when she moved to Keller Williams Sandpoint, to present.  Never has she faltered.  Always of the utmost in integrity, ethics, and hard work.  Again I find her to embody all that Gary Keller strives for in an agent.  Not only is she motivational to our office, she is all anyone could look for in a Keller Williams Realtor. 

    ‘Experience the Difference’ in working with a full time professional Keller Williams Realtor®.  Contact me, Mark Don McInnes, as you local North Idaho Real Estate resource.  

          

  • Sagle Homes Market Report March 2019

    Sagle Homes Market Report

    March 2019

    Home sales in Sagle Idaho have been bouncing around for the past year.  The only item that seems pretty consistent is the # of sales monthly.  Since November of 2018 they have been 5 to 7 a month with both February and March of 2019 showing 7.  October 2019 spiked at 15 and March of 2018 was a bit stronger, than March 2019, at 9.  So the Sagle Homes Market Report March 2019 shows Sagle to be a bit unsettled.

    Sagle Homes Market Report March 2019

    Days on Market, for same time period, bounces around as much as the prices.  February’s jump in DOM can most likely be explained by the extreme cold weather.  The cold weather does not explain the February 2019 price surge.

    Sagle Homes Market Report March 2019

    With the drastic variance in both DOM and Sold Prices we need wait for summer to see where Sagle Market is going to settle.  Sagle homes for sale inventory has maintained itself relatively level the past few months although low overall.  If nothing changes with the inventory we will most likely see prices climb back to the higher January and previous years prices and then level off.  Only summer will tell.

    Experience the Difference Living In North Idaho will make.  Contact me, Mark Don McInnes, as your local North Idaho Real Estate Resource.

    Search Results – Sagle Homes for Sale – Click Here

  • North Idaho Real Estate Market Report – Number ‘Active’ Listings

    North Idaho Real Estate Market Report

     Number ‘Active’Listings 1st Quarter 2019

    North Idaho Real Estate Market Report

    While inventories remain low the charts show ‘Active’ listings pretty stable through the 1st quarter.  February shows a reaction to the harsh weather for the most part.  Both Sandpoint and Sagle had 33% jumps from February Active Listings to March Active Listings.  This only bringing them back to January numbers.

    Days on Market for all the shown areas has dropped dramatically for end of 1st quarter figures.  Many sellers have waited for spring / summer months.  This surprisingly has not changed the ‘active’ count status very much from January numbers.  April figures will need be looked at to determine if sellers have waited and priced too high and if inventory will increase or hold at its record low inventories.  Either direction will affect pricing.

    North Idaho Real Estate Market Report

    What this report and Active Listing Price Report (Click Here) mean to you as a buyer or seller.  Home Inventories remain extremely low while showing signs of leveling off.  Buyers, expect prices to continue to climb.  Sellers, now is a good time to get on the market and take advantage of lack of competition.

    Do keep in mind this report and others show general trends, not specific information for niche areas.  Buyers and Sellers, alike, are best served by asking for information directly relating to home style and geographic area.

    Experience the Difference Living In North Idaho will make.  Contact me as your local North Idaho Real Estate Resource.  

    Enjoy your personalized property searches – Click Here

    and / or

    Text KW2BF8RT1  to  87778 for your custom Mobile App with home searches, Keller Mortgage info and much more.

    I have communicated before the diversity to be found both in housing and land characteristics, in North Idaho.  To give a standard baseline, to review with consistency, I put some basic parameters in with which all searches are based on:  $0 to $750,000.00, minimum 1 bedroom 1 bath, single family home.  Figures are always Median to a search, and not the average.  Search results from Selkirk MLS deemed reliable but not guaranteed.

  • North Idaho Real Estate Market Report – 1st Quarter 2019

    North Idaho Real Estate Market Report – ‘Active’

    1st quarter 2019

    I have communicated before the diversity to be found both in housing and land characteristics, in North Idaho.  To give a standard baseline, to review with consistency, I put some basic parameters in with which all searches are based on:  $0 to $750,000.00, minimum 1 bedroom 1 bath, single family home.  Figures are always Median to a search, and not the average.  This particular North Idaho Market Report is comparing ‘Active’ listings over the course of the 1st quarter 2019.

    North Idaho Market Report

    The first items that jump off the page are two drastic jumps in opposite directions.  Sandpoint’s listing price jumped approximately an incredible 33% to $486,250 from February and Priest River’s listed price dropped a little less than 20% from February listed price.  Both are huge jumps.

    Overall the market shows itself as holding within roughly 10% of January pricing, either to the upside or downside.  Sandpoint out of town and Priest River being the exceptions by a large #.  As we head into spring we will see better if the harsh February weather contributed a little or a lot to these figures.

    North Idaho Market Report

    In town pricing for both Bonners Ferry and Sandpoint maintained a steady plateau.  The obvious being the drastic difference in pricing between Bonners Ferry in town, and Sandpoint City.

    I believe Naples is not an accurate representation simply because of lack of sales.  2 in March.  Median or Average could be thrown off with only one listing being askew.  See Post “North Idaho Market Report – Number of Listing and Days on Market” for a more complete overall look on number of listings and Days on Market.

    While these reports can give an overall trend there are niches specific and to themselves.  If you are interested in selling or buying you best serve yourself by asking for information more specific in nature.  these figures are based on Selkirk MLS search results.  While deemed reliable they are not guaranteed.

    Experience the Difference Living In North Idaho will make.  Contact me as your local North Idaho Real Estate Resource.

    Enjoy your personalized property searches – Click Here

    and / or

    Text KW2BF8RT1  to  87778 for your custom Mobile App with home searches, Keller Mortgage info and much more.

  • 3 Bedroom Home with Additional Dwelling – Sandpoint Idaho

    3 Bedroom Home with Additional Dwelling – Sandpoint Idaho

    3 bedroom home with additional dwelling

    A rare find in Bonner County, much less Sandpoint Idaho.  5 private acres with 3 bedroom home and additional dwelling. Even before the extremely low housing inventory finding a property with a 2nd dwelling was difficult at best.  This property has many different opportunities to be creative and satisfy your different needs and desires.

    The 3 bedroom home is warm and inviting.  The moment you step in, the3 bedroom home with additional dwelling ambiance is set with tongue and groove vaulted ceiling and free standing wood stove.  Tongue and groove wood walls through out bring forth a rustic feel of warmth and coziness.

    Double pane windows through out the home allow for plenty of light and views of the surrounding woods.  Laundry room just off the kitchen and the back door entrance.

    Take the adjacent private drive to the upper 2nd dwelling with attached garage-shop.  A 1,820 square foot structure with 956 square feet living space.  Large kitchen living room  area with separate windowed eating nook and separate room that can be used as non conforming bedroom.  Full bath with washer/dryer area included.

    3 bedroom home with additional dwellingFrench doors open to covered porches on either side of the eating nook making for perfect evening relaxation, while the sun sets, or that early morning coffee to enjoy the outdoor tranquility.

    Enter the 21 X 29 garage – shop area from inside the studio or from either of the two outside doors. 3 bedroom with additional dwelling Storage galore along with two different work areas.  Plenty of cupboard space for protected storage and keeping everything tidy.

    A wonderful property with numerous ways to take advantage of the space and 2 separate dwellings.  Make a point to see this lovely home secreted away less than 10 miles from Sandpoint Idaho.

    Experience the Difference Living In North Idaho will make.  Contact me as your local North Idaho Local Real Estate resource.  Mark Don McInnes. 

  • Sandpoint December 2018 Market Report – 83864

    Sandpoint December 2018 Market Report – 83864

    To give a better base line for all Market Reports I have made a minimum number of guidelines.  Single Family with $750,000 maximum price.  1 bedroom and 1 bath minimum.  I have excluded Sandpoint City, which has a market report to itself, and also excluded Schweitzer Resort.  Sandpoint December 2018 Market Report is based on Selkirk MLS information and deemed reliable although not guaranteed.

    ——————–

    Sandpoint December 18 Market Report

    Sandpoint 2018 ‘sold’ home prices peaked early in the 4th quarter only to drop again to the December 2017 level.

    Sandpoint December 2018 Market Report

    Sandpoint December 2018 ‘Days on Market’ showed a drastic increase over October and November 2018 with even a 20% increase over December 2017.

    Sandpoint December 2018 Market Report

    Number of homes sold in Sandpoint decreased steadily over the 4th quarter and even dropped roughly 40% from December 2017.

    What does all this mean?

    We are sitting on a very fragile market at the moment.  Days on market would indicate it should be a buyers market.  Number of homes sold lean towards a buyers market as well.  The spike in prices then a drop begs another month or two for direction.  What is clear we are in a leveling off period as is the whole nation.

    A decrease in inventory, active listings, showed itself month to month from as far back as September.  This can be due to winter months in North Idaho.  I don’t believe that to be the deciding factor.  Coming out of winter, non existent as it has been, and what the Feds do with interest rates will be deciding factors in which way the market moves.

    Fragile or not, this is a very strong market right now.  Buyers are active and looking seriously.  Homes are selling at an increased value.  Economy in our area is showing itself well with new housing and overall robust shoppers.

    Experience the Difference Living In North Idaho will make.  Contact me as your local North Idaho Real Estate resource. 

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