Sunday, November 17, 2019
Wednesday, April 17, 2019
Thursday, December 13, 2018
Sunday, February 18, 2018
New Website!
New Website
Search the Coeur d'Alene MLS for free!
Tosh Lanquist - Kelly Right Real Estate
I receive numerous phone calls every week about properties listed on Zillow/Trulia that are either already sold or listed incorrectly. Just last week someone contacted me regarding several bare land listings currently listed on Zillow that have been sold for months. Locally, Zillow does not receive their listings directly from the MLS. Brokerages must provide the direct feeds, which many do not. Additionally, the brokerages have to provide updates, which often does not occur. This has caused confusion amongst consumers and Realtors alike.
It is my hope that my new website can help out my clients and friends search current and active listings. On my website, you can now search the entire Coeur d'Alene MLS for free. If you happen to see a property that interests you, please give me a call or email me. I'm always available to help.
Visit my new site at : www.toshlanquist.net
Monday, February 12, 2018
North Idaho Real Estate: Results for Residential Homes Sold Year-to-Date (YTD) 2018 in Kootenai County IdahoKootenai County Idaho Real Estate Market InformationIncluding Coeur d’Alene, Hayden, Post Falls, and Rathdrum, IdahoProvided by Tosh Lanquist - Kelly Right Real Estate |
Location
|
Homes Sold YTD
|
Average Sale
Price YTD
|
Median Sale Price
YTD
|
Average Days on
the Market YTD
|
Active Listings
on the Market (1/15/18)
|
Listings Sold in
January
|
Listings that
went under contract in January
|
Kootenai County
|
243
|
$304.905
|
$253,418
|
156
|
1058
|
243
|
229
|
% Change from same period 2017
|
+8%
|
+9.3%
|
+8.76%
|
+25.81%
|
|||
Coeur d’Alene, Idaho
|
88
|
$348,795
|
$289,000
|
164
|
357
|
88
|
79
|
% Change from same period 2017
|
+11.4%
|
+29.05%
|
+26.2%
|
+54.72%
|
|||
Hayden, Idaho
|
31
|
$330,681
|
$310,000
|
138
|
126
|
31
|
30
|
% Change from same period 2017
|
-8.8%
|
+2.29%
|
+8.77%
|
+20%
|
|||
Post Falls, Idaho
|
71
|
$260,428
|
$242,500
|
146
|
277
|
71
|
65
|
% Change from same period 2017
|
20.3%
|
-7.33%
|
+9.23%
|
+16.8%
|
|||
Rathdrum, Idaho
|
24
|
$242,462
|
$232,068
|
167
|
234
|
24
|
27
|
% Change from same period 2017
|
-22.6%
|
-6.55%
|
+6.8%
|
+12.84%
|
Data pulled from the Coeur d’Alene MLS on 2/10/2018
Monday, January 1, 2018
Coeur d'Alene, Idaho December 2017 Market Report
North Idaho Real Estate: Results for Residential Homes Sold in 2017 in Coeur d’Alene, IdahoCoeur d’Alene, Idaho Real Estate Market Information |
||
Provided by Tosh Lanquist, Kelly Right Real EstateHomes Sold: 1,579
(Increase of 2.2% from
2016)
Average Sale Price: $324,883
(Increase of 18.4%
from 2016)
Median Sale Price: $265,000
(Increase
of 12.29% from 2016)
Average Days on Market: 85 Days (Compared to 94 Days in 2016) Active Listings on the Market: 435
(As of 12/15/2017)
Listings Sold in December: 95 Listings that went Under Contract in December: 49 Data pulled from the Coeur d'Alene MLS on 01/01/2018 |
Additional North Idaho Real
Estate Market Reports for 2017 Kootenai County Idaho Market Report Coeur d'Alene, Idaho Market Report Dalton Gardens, Idaho Market Report Hayden, Idaho Market Report Post Falls, Idaho Market Report |
 |
| Coeur d'Alene in December |
Kootenai County Idaho December 2017 Market Report
North Idaho Real Estate: Results for Residential Homes Sold in 2017 in Kootenai County IdahoKootenai County Idaho Real Estate Market Information |
|
||||
Provided by Tosh Lanquist, Kelly Right Real EstateHomes Sold: 4,411
(Increase of 3% from 2016)
Average Sale Price: $304,989
(Increase of 13.06% from 2016)
Median Sale Price: $253,500
(Increase of 11.67% from 2016)
Average Days on Market: 96 Days (Compared to 102 Days in 2016) Active Listings on the Market: 1,284
(As of 12/15/2017)
Listings Sold in December: 275 Listings that went Under Contract in December: 146 Data pulled from the Coeur d'Alene MLS on 01/01/2018 |
Additional North Idaho Real Estate
Market Reports for 2017
|
Rathdrum, Idaho December 2017 Market Report
North Idaho Real Estate: Results for Residential Homes Sold in 2017 in Rathdrum, IdahoRathdrum, Idaho Real Estate Market Information |
||
Provided by Tosh Lanquist, Kelly Right Real EstateHomes Sold: 498
(Increase of 15.3% from
2016)
Average Sale Price: $263,194
(Increase of
11.35% from 2016)
Median Sale Price: $229,066
(Increase of
10.07% from 2016)
Average Days on Market: 113 Days (Compared to 111 Days in 2016) Active Listings on the Market:144
(As of 12/15/2017)
Listings Sold in December: 35 Listings that went Under Contract in December: 14 Data pulled from the Coeur d'Alene MLS on 01/01/2018 |
Additional North Idaho Real
Estate Market Reports for 2017 Kootenai County Idaho Market Report Coeur d'Alene, Idaho Market Report Dalton Gardens, Idaho Market Report Hayden, Idaho Market Report Post Falls, Idaho Market Report |
Hayden, Idaho December 2017 Market Report
North Idaho Real Estate: Results for Residential Homes Sold in 2017 in Hayden, IdahoHayden, Idaho Real Estate Market Information |
||
Provided by Tosh Lanquist, Kelly Right Real EstateHomes Sold: 595
(Increase of 1.9% from
2016)
Average Sale Price: $342,264
(Increase of 11.49%
from 2016)
Median Sale Price: $289,000
(Increase
of 11.15% from 2016)
Average Days on Market: 88 Days (Compared to 102 Days in 2016) Active Listings on the Market: 163
(As of 12/15/2017)
Listings Sold in December: 33 Listings that went Under Contract in December: 22 Data pulled from the Coeur d'Alene MLS on 01/01/2018 |
Additional North Idaho Real
Estate Market Reports for 2017 Kootenai County Idaho Market Report Coeur d'Alene, Idaho Market Report Dalton Gardens, Idaho Market Report Hayden, Idaho Market Report Post Falls, Idaho Market Report |
Post Falls, Idaho December 2017 Market Report
North Idaho Real Estate: Results for Residential Homes Sold in 2017 in Post Falls, IdahoPost Falls, Idaho Real Estate Market Information |
||
Provided by Tosh Lanquist, Kelly Right Real EstateHomes Sold: 1,231
(Decrease of
0.5% from 2016)
Average Sale Price: $258,676
(Increase of 11.12%
from 2016)
Median Sale Price: $232,000
(Increase
of 12.46% from 2016)
Average Days on Market: 98 Days (Compared to 100 Days in 2016) Active Listings on the Market: 315
(As of 12/15/2017)
Listings Sold in December: 75 Listings that went Under Contract in December: 41 Data pulled from the Coeur d'Alene MLS on 01/01/2018 |
|
Dalton Gardens, Idaho December 2017 Market Report
North Idaho Real Estate: Results for Residential Homes Sold in 2017 in Dalton Gardens, IdahoDalton Gardens, Idaho Real Estate Market Information |
||
Provided by Tosh Lanquist, Kelly Right Real EstateHomes Sold: 47
(Decrease of 14.5% from
2016)
Average Sale Price: $422,984
(Increase of 9.8%
from 2016)
Median Sale Price: $395,000
(Increase
of 12.06% from 2016)
Average Days on Market: 76 Days (Compared to 118 Days in 2016) Active Listings on the Market: 9
(As of 12/15/2017)
Listings Sold in December: 2 Listings that went Under Contract in December: 0 Data pulled from the Coeur d'Alene MLS on 01/01/2018 |
Additional North Idaho Real
Estate Market Reports for 2017 Kootenai County Idaho Market Report Coeur d'Alene, Idaho Market Report Dalton Gardens, Idaho Market Report Hayden, Idaho Market Report Post Falls, Idaho Market Report |
Sunday, December 24, 2017
Tax Benefits of Home Ownership
Saving Money When Buying a Home
Tax Benefits of Home Ownership
Provided by Tosh Lanquist - Realtor, Kelly Right Real Estate
There are many tax benefits to home ownership. If you currently own or if you are thinking about buying, make sure to investigate your State and Federal tax laws to understand what benefits you may qualify for. It could save you hundreds if not thousands of dollars every year.
Make Sure You Don't Overlook These Benefits!
Idaho's Home Owner's Exemption
If you own and occupy your primary residence, you may qualify for an exemption on a portion of the value of your home. To take advantage of this benefit, home owners need to apply with the County Assessor by April 15th of the current tax year. Though this year's deadline has come and gone, you should still apply. Once registered, the benefit will take effect next year and carry forward the years to come. The Idaho State Tax Commission provides more information on this. Additionally, visit the IRS' Home Owner FAQs.
Home Mortgage Payments
Interest paid on a mortgage, mortgage insurance premiums, and real estate property taxes are typically tied to your home mortgage payments. You can deduct qualified mortgage interest paid as well as the mortgage insurance premiums paid on a loan secured by your main home or second home. Additionally, you can deduct real estate property tax paid. This is an annual tax imposed by your local government for the value of real property. Visit the IRS Publications to learn more.
Interest paid on a mortgage, mortgage insurance premiums, and real estate property taxes are typically tied to your home mortgage payments. You can deduct qualified mortgage interest paid as well as the mortgage insurance premiums paid on a loan secured by your main home or second home. Additionally, you can deduct real estate property tax paid. This is an annual tax imposed by your local government for the value of real property. Visit the IRS Publications to learn more.
Points paid
If you paid points when you secured your mortgage, you might be able to deduct this cost as home mortgage interest. Certain requirements must be met in order to take this tax deduction. For example, you may not be able to deduct all of the points paid if your acquisition debt is greater than $1 million or your home equity debt is more than $100,000. Learn more about Home Mortgage Points from the IRS Website.
If you paid points when you secured your mortgage, you might be able to deduct this cost as home mortgage interest. Certain requirements must be met in order to take this tax deduction. For example, you may not be able to deduct all of the points paid if your acquisition debt is greater than $1 million or your home equity debt is more than $100,000. Learn more about Home Mortgage Points from the IRS Website.
Capital Gains
You may qualify to exclude up to $250,000 (or $500,000 if filing jointly) of capital gains from the sale of your home. Some restrictions apply, including the requirement to have lived in the home for 2 of the last 5 years. If you meet all of the IRS' requirements, you could save tens of thousands of dollars in taxes. However, any loss from the sale of a home is not tax deductible. Learn more about these requirements by reading the Sale of Your Home on the IRS Website.
Also note, if you made improvements to the home before selling, make sure to keep your receipts for those improvements. Improvements that increase the value of the home, such as an addition or remodel, may be tax deductible.
Also note, if you made improvements to the home before selling, make sure to keep your receipts for those improvements. Improvements that increase the value of the home, such as an addition or remodel, may be tax deductible.
Moving Expenses
Though not directly related to your home, this may be something to consider if you are deciding to sell and relocate to another area as a result of a job move. If your move is related to locating to a new job or your current work location has moved, you may be able to deduct your moving expenses. There is a 3 point test that must be met in order to qualify. 1.) The move must closely relate to the start of work, 2.) You meet the IRS' distance test, and 3.) you meet the IRS' time test. Read more about Moving Expenses from the IRS website.
It's important to follow with your tax advisor or accountant to better understand what you qualify for so that you are able to maximize your total deductions at tax time. Find out more by visiting your local state and government websites or your local county offices.
Though not directly related to your home, this may be something to consider if you are deciding to sell and relocate to another area as a result of a job move. If your move is related to locating to a new job or your current work location has moved, you may be able to deduct your moving expenses. There is a 3 point test that must be met in order to qualify. 1.) The move must closely relate to the start of work, 2.) You meet the IRS' distance test, and 3.) you meet the IRS' time test. Read more about Moving Expenses from the IRS website.
It's important to follow with your tax advisor or accountant to better understand what you qualify for so that you are able to maximize your total deductions at tax time. Find out more by visiting your local state and government websites or your local county offices.
Here are the local County Assessor Offices in North Idaho:
Idaho State Tax Commission
Kootenai County Assessor: 451 North Government way, Coeur d'Alene, Idaho
Bonner County Assessor: 1500 Hwy 2, Suite 205, Sandpoint, Idaho
Look up other County Assessors Offices.
The information above is general advice. Before acting on this, you should consider the appropriateness of this information, your objectives, your financial situation and needs. For specific tax rules for the current tax year, please refer to the IRS.GOV website or consult a licensed tax professional.
Subscribe to:
Posts (Atom)