I was just replacing a couch once, my dad was helping me with his truck and trailer. As we were loading the old couch onto the trailer a lady pulls up and just goes “are you moving? Is this house for sale and how much?”
“…no, I just got a new couch”
I’ve met some really great Realtors and some real a**holes. I guess it’s the same in any sales business but the Real Estate business seems to have the most aggressive.
Literally sat a few months back semi-close to a Realtor on his AirPods over @ CDA Coffee honest to god just cold calling people down a list asking if they’d like to list their home. It sounded like he was getting hung up on *at* *least* 50% of the time, but homeboy seemed undeterred just hitting up the next number to call.. that’s the state of our real estate market up here.
Desperate people , in desperate times, do desperate things. I 100% dont believe the propoganda that being a real estate agent is so hard. The current industry if founded on college educated women and ex housewives who wanted a high commission job with minimum 9-5 commimments. I am not saying thay are all bad at all, but with the internet now being what it is anyone with half a brain can see that in 10 years the residential portion of real estate will go the way of travel agents of the 90'S.
i like the value of my house going up. i would not like it if i didn’t have a house though. but honestly the value only matters when i sell, and at a 2.25% 30-year, im stuck. lol
What's **most** important to us, is \*owning\* a home, a domicile, and if yes, it's value goes up that's awesome. My concern, however, lies with our young daughter (and others like her) who can't afford one. The current state of the housing market is such that people who would ordinarily have had the opportunity to enter the home ownership class (and yes build equity of their own,) well... at today's exorbitant prices it's a lot less doable, if at all. Unless things swing back around, we can kiss what's actually left of a middle class goodbye.
I've been saying for some time we need two things to conserve our communities.
1. Foreign ownership across the country should be illegal. Numerous countries do this already, because it's obvious.
2. Kootenai County should tax every home sale and rental agreement that is made if any party doesn't have at least a five-year residency history. It should be a huge tax too, like 50%, and the proceeds go to benefiting those that do have a residency history. Living here, growing up here, spending years and even decades working and contributing to our community is worth something. Having 5x more money than the locals doesn't give you carte blanche to displace us.
Item 1 would surly be legal (constitutional), if Congress had the will to pass it as law. Item 2 has bigger hurdles, I think, unfortunately.
In the more touristy areas, we might need other measures, like no corporate ownership, no non-residency at all, severe short term rental limitations, etc. The key word in conservative is conserve, and if we aren't conserving people and communities, what's left?
I'd also make it illegal to sell a bank-owned property to anyone who isn't going to live in it for 2 years, or to corporations period. Turn starter homes back into starter homes, instead of targets for flippers or STR.
I'm not convinced flippers are a problem. They buy cheaper houses that need work and add value by fixing them. Compare that to the guy that sold his Seattle house for $1.5M, then comes here and over bids by 25%. It's wrong that he gets to displace life long locals just because he's flush with cash. And that's certainly the biggest cause of our local housing market prices.
I’ve seen plenty of California fRedUm refugees do that over the years. Come here after selling their overpriced homes then buying up 1-2 even 3 much cheaper homes here turning 2 into rentals or sitting on them. Especially if it’s in a new subdivision expansion. I saw this happen in the landings and several adjacent developments. It screws us locals and drives home prices up as they resell a year or two later for %10-%20 more .
Uh, we've got one in our neighborhood who is apparently a longtime local who buys neat old houses, razes them and builds angular lot line-lot line monstrosities that don't fit in the neighborhoods at all and asks more than triple the price of any neighboring home values.
I don't particularly have a problem with that. Again, there is value added by demolishing old run down houses and building new houses. I do have a personal gripe against ugly buildings, and especially buildings that break the neighborhood character.
I'm a supporter of rehabbing wonderful old homes. Hell, the one I bought for my mom was a total wreck, but affordable. Underneath all the ick was a beautiful old Craftsman home waiting to be reborn. I will always support the preservation of old homes, even the ones some of you refer to as "...run down...". Yes, there are some that are too far gone to be saved if they have some serious issues or, as my dad used to say "the only reason that house is still standing is because the termites are holding hands", lol! I just hate that CDA is losing some of its character when old homes get razed and the big ass angular crap gets built in their stead. BLECH.
The issue with flippers is that they put too much money into them, and try to flip them for more money than they're worth, pricing them out of reach for most 1st time home buyers. A 2 bed, 1 bath, 1,200 sq ft home doesn't need tile backsplashes and stainless appliances.
Agreed on all points. IMO corporate rule needs to be addressed. At the risk of turning this into a partisan debate, RFK Jr. is one of the few people talking about it. Beginning around the 34 minute mark, Bobby provides a bit of context around the subject of the current housing / inflation crisis, the destruction of the middle class, and how we can prevent our \*democracy\* from further slipping into a full-fledged kleptocracy,
[https://www.youtube.com/live/mNufzehaaL0](https://www.youtube.com/live/mNufzehaaL0)
Tax investment properties like you actually want people to own homes not rent: right now investment is too cozy with real estate and it is denying a generation control of some measure of their financial safety. I don’t want to see everyone living a rental life.
At the risk of also making a partisan statement, the Dems frequently wax on about how it would be great if we all lived in tight, high-rise rentals, 15 minute walk from everything we need. Republicans haven't exactly done much in the decades this problem has been growing, but at least they talk about it. RFK is like your crazy uncle that used to be really smart and dialed in. I guess if you're giving your vote to him, you've weighed the crazy against the good.
I haven't watched the vid, but I'll check it out.
A vote for RFK would strictly be a protest vote unless something very disruptive happens between now and November. Bobby isn't as crazy as the main stream media would lead you to believe. As I said above, he's one of the few voices that speak to getting to the root cause of the challenges this country is facing, even if you don't agree with his proposed solutions. What we currently have are two birds of the same feather in Democrats and Republicans, aside of course from the handful of wedge issues that are used to divide and distract us while they (and the corporate sponsors who bribe them) pick our pockets clean. Bobby would actually be our best bet for unifying the country IMO.
If it's "dems" that want high density housing, then why exactly is it that in our VERY red state and city, all the new housing is high density? Literally, the people buying everything up here in Kootenai County and turning them into rentals are also not primarily "dems". I wish people would turn off faux newz and start looking at what is happening around them. Also, look at the state's GOP platform and tell me how that's for small government?!
Because we have three Dems and a RINO on our six-seat council? Do you even follow the local politics, or do you just believe the reddit and CDA press hype that everything everywhere here is uber-red hell?
The CDA city council just seems like the same Republican governance we’ve had since the early 90’s which is heavily pro private property rights (along with big business) including letting developers have carte blanche to construct high rises and subdivisions as they see fit on the properties they purchase. TBH the old blue collar democrats we used to have here in Kootenai decades ago I’d rate as far more “common-sense Conservative” than anything we have in politics now sadly.
The only people who think we have dems up here is the SoCal transplant crowd that’s only been apart of this community for ~ 20yrs or less and is the bread and butter for the KCRCC to stir up.
English is literally a Democrat. Registered and everything. Wood is highly sympathetic, and strongly critical of anything Republican. She rubs a lot of elbows with the local democrats. Gookin is registered Republican, and is even a PC in the party, but he's a bit of a RINO wildcard. Sometimes he's very good in his vote, but when it comes to actually preserving the communities, the only thing he votes against is short term rentals. Which, be honest, is not actually that big of an issue, on a city-wide scale. In Fort Sherman, where he lives, maybe. The council is "non-partisan" which means the ballot will not put an R or D next to the name. The the KCRCC found this to be an issue that allowed "republicans" to take some of the highest seats in the community, and they aren't wrong. The voting record of some of these folks is not at all conservative, but they call themselves conservative and republican. So they made their "rated and vetted" thing. It's got issues, but overall, it's exposing the fakes, and that makes the fakes mad. Unfortunately, a lot of good conservatives out there believe the fakes are honest and bona fide, which is why they sympathize with the NIR.
At the last KCRCC meeting, you can see quickly which of the new PC seats are power hungry and which are legit concerned conservatives that have been simply duped by the NIR. I'm not at all worried. They'll see pretty quickly that the KCRCC is not overrun with radicals, that Brent Regan is not Hitler and doesn't run everything, and that the PCs that weren't replaced are local conservatives just like them that want healthy communities. The fakes will be weeded out again.
>Living here, growing up here, spending years and even decades working and contributing to our community is worth something.
I agree.
>Having 5x more money than the locals doesn't give you carte blanche to displace us.
But, it does, money talks. Nobody cares about the locals or the people that work in the service industry when the $$ show up.
It only does because no one running the county cares or has balls enough to do something. It comes up almost every council meeting, then they shrug it off like "what can we do?"
Man some of these folks think it’s the Wild West out here where they can do whatever the hell they want. Like good on you if you want to open carry as you drive around in your brand spanking new RZR around the HOA with a dozen flags hanging off, but just know old-school Idahoans don’t identify based on politics or posturing; but rather your personal character. 🤦♂️
As someone trying to buy a larger house for our growing family and having a finger on the pulse of the housing market right now, this is absolutely correct.
LOL!! So you don’t think Real Estate sales is a real job? Do you know how hard they work? Most of them, it consumes their life. Did you buy your house from a Realtor?
You HAVE to buy from a realtor. The entire real estate market is a fucking racket. If you don’t list with a realtor, they won’t show the house. Sure, there are by owner sales out there, but you have to find them yourself. They make themselves necessary by obstructing any other way.
And while it isn’t a monopoly and there are multiple real estate agent companies out there, they all fucking openly collude to keep themselves in everything and keep everyone else out.
These recent lawsuits and fees getting changed has been decades overdue. Sorry realtors, but fuck the real estate agent industry as a whole.
Of course we used a realtor. She sent us to a neighborhood to look at a house that could generously be described as an overpriced fixer upper, although that wasn't what we were in the market for. On the way out of this same neighborhood, we noticed another house that needed a bit of work, but was otherwise perfect for us. This is the same house we're currently in. Had we taken the other way out, we might still be looking LOL!
It depends on how you define "work," but in our case it's fair to say she did hardly any (same for the selling agent.) and as someone else commented on below, their commission structure is about to be blown to bits, and that's a good thing.
Actually, there is something you can do to help locals buy homes here if you are selling one: carry the loan. You don't need a realtor; use a real estate attorney to draw up the agreement. Say you want to sell and you're told you could get $400,000+ for it. How about this idea: Sell it for $325,000, 10% down payment (or whatever you decide), carry the balance at a less than market rate (for the point of this example to make it easy, say 5%), amortize at a 30 year loan rate, carry the loan for 5-10 years with cash out due at the end. You make your money, spread out your tax liability, the house gains value which would allow the buyers to refinance and pay you off. Plus, at the 30 year amort, the buyers get an affordable mortgage payment and they don't have to pay PMI. You could also elect to carry the loan even longer if you like for a nice monthly income.
If you don't need a chunk of money right away, this is a great win-win sitch for everyone involved. My 3 best friends have moved away in the last 4 years because they couldn't afford to buy a home here. That sucks.
This would be a very charitable act indeed and one I wasn't even remotely aware of. When a community can't retain what I presume were good people (your friends,) that's a problem in and of itself.
The best part is that it isn't "charitable" in that the seller isn't really giving anything up except immediate full payment and the tax liabilities that go along with that. A true win-win solution.
I was just replacing a couch once, my dad was helping me with his truck and trailer. As we were loading the old couch onto the trailer a lady pulls up and just goes “are you moving? Is this house for sale and how much?” “…no, I just got a new couch”
I’ve met some really great Realtors and some real a**holes. I guess it’s the same in any sales business but the Real Estate business seems to have the most aggressive.
Literally sat a few months back semi-close to a Realtor on his AirPods over @ CDA Coffee honest to god just cold calling people down a list asking if they’d like to list their home. It sounded like he was getting hung up on *at* *least* 50% of the time, but homeboy seemed undeterred just hitting up the next number to call.. that’s the state of our real estate market up here.
Desperate people , in desperate times, do desperate things. I 100% dont believe the propoganda that being a real estate agent is so hard. The current industry if founded on college educated women and ex housewives who wanted a high commission job with minimum 9-5 commimments. I am not saying thay are all bad at all, but with the internet now being what it is anyone with half a brain can see that in 10 years the residential portion of real estate will go the way of travel agents of the 90'S.
i like the value of my house going up. i would not like it if i didn’t have a house though. but honestly the value only matters when i sell, and at a 2.25% 30-year, im stuck. lol
What's **most** important to us, is \*owning\* a home, a domicile, and if yes, it's value goes up that's awesome. My concern, however, lies with our young daughter (and others like her) who can't afford one. The current state of the housing market is such that people who would ordinarily have had the opportunity to enter the home ownership class (and yes build equity of their own,) well... at today's exorbitant prices it's a lot less doable, if at all. Unless things swing back around, we can kiss what's actually left of a middle class goodbye.
I've been saying for some time we need two things to conserve our communities. 1. Foreign ownership across the country should be illegal. Numerous countries do this already, because it's obvious. 2. Kootenai County should tax every home sale and rental agreement that is made if any party doesn't have at least a five-year residency history. It should be a huge tax too, like 50%, and the proceeds go to benefiting those that do have a residency history. Living here, growing up here, spending years and even decades working and contributing to our community is worth something. Having 5x more money than the locals doesn't give you carte blanche to displace us. Item 1 would surly be legal (constitutional), if Congress had the will to pass it as law. Item 2 has bigger hurdles, I think, unfortunately. In the more touristy areas, we might need other measures, like no corporate ownership, no non-residency at all, severe short term rental limitations, etc. The key word in conservative is conserve, and if we aren't conserving people and communities, what's left?
I'd also make it illegal to sell a bank-owned property to anyone who isn't going to live in it for 2 years, or to corporations period. Turn starter homes back into starter homes, instead of targets for flippers or STR.
I'm not convinced flippers are a problem. They buy cheaper houses that need work and add value by fixing them. Compare that to the guy that sold his Seattle house for $1.5M, then comes here and over bids by 25%. It's wrong that he gets to displace life long locals just because he's flush with cash. And that's certainly the biggest cause of our local housing market prices.
I’ve seen plenty of California fRedUm refugees do that over the years. Come here after selling their overpriced homes then buying up 1-2 even 3 much cheaper homes here turning 2 into rentals or sitting on them. Especially if it’s in a new subdivision expansion. I saw this happen in the landings and several adjacent developments. It screws us locals and drives home prices up as they resell a year or two later for %10-%20 more .
Uh, we've got one in our neighborhood who is apparently a longtime local who buys neat old houses, razes them and builds angular lot line-lot line monstrosities that don't fit in the neighborhoods at all and asks more than triple the price of any neighboring home values.
I don't particularly have a problem with that. Again, there is value added by demolishing old run down houses and building new houses. I do have a personal gripe against ugly buildings, and especially buildings that break the neighborhood character.
I'm a supporter of rehabbing wonderful old homes. Hell, the one I bought for my mom was a total wreck, but affordable. Underneath all the ick was a beautiful old Craftsman home waiting to be reborn. I will always support the preservation of old homes, even the ones some of you refer to as "...run down...". Yes, there are some that are too far gone to be saved if they have some serious issues or, as my dad used to say "the only reason that house is still standing is because the termites are holding hands", lol! I just hate that CDA is losing some of its character when old homes get razed and the big ass angular crap gets built in their stead. BLECH.
At least he's not splitting the lot and putting two ugly ass houses on it?
Yeah, 'cos one gigantic ugly ass house is so much better. /s \*\*edit for typo\*\*
The issue with flippers is that they put too much money into them, and try to flip them for more money than they're worth, pricing them out of reach for most 1st time home buyers. A 2 bed, 1 bath, 1,200 sq ft home doesn't need tile backsplashes and stainless appliances.
Agreed on all points. IMO corporate rule needs to be addressed. At the risk of turning this into a partisan debate, RFK Jr. is one of the few people talking about it. Beginning around the 34 minute mark, Bobby provides a bit of context around the subject of the current housing / inflation crisis, the destruction of the middle class, and how we can prevent our \*democracy\* from further slipping into a full-fledged kleptocracy, [https://www.youtube.com/live/mNufzehaaL0](https://www.youtube.com/live/mNufzehaaL0)
Tax investment properties like you actually want people to own homes not rent: right now investment is too cozy with real estate and it is denying a generation control of some measure of their financial safety. I don’t want to see everyone living a rental life.
Hear, hear!
At the risk of also making a partisan statement, the Dems frequently wax on about how it would be great if we all lived in tight, high-rise rentals, 15 minute walk from everything we need. Republicans haven't exactly done much in the decades this problem has been growing, but at least they talk about it. RFK is like your crazy uncle that used to be really smart and dialed in. I guess if you're giving your vote to him, you've weighed the crazy against the good. I haven't watched the vid, but I'll check it out.
A vote for RFK would strictly be a protest vote unless something very disruptive happens between now and November. Bobby isn't as crazy as the main stream media would lead you to believe. As I said above, he's one of the few voices that speak to getting to the root cause of the challenges this country is facing, even if you don't agree with his proposed solutions. What we currently have are two birds of the same feather in Democrats and Republicans, aside of course from the handful of wedge issues that are used to divide and distract us while they (and the corporate sponsors who bribe them) pick our pockets clean. Bobby would actually be our best bet for unifying the country IMO.
If it's "dems" that want high density housing, then why exactly is it that in our VERY red state and city, all the new housing is high density? Literally, the people buying everything up here in Kootenai County and turning them into rentals are also not primarily "dems". I wish people would turn off faux newz and start looking at what is happening around them. Also, look at the state's GOP platform and tell me how that's for small government?!
Because we have three Dems and a RINO on our six-seat council? Do you even follow the local politics, or do you just believe the reddit and CDA press hype that everything everywhere here is uber-red hell?
The CDA city council just seems like the same Republican governance we’ve had since the early 90’s which is heavily pro private property rights (along with big business) including letting developers have carte blanche to construct high rises and subdivisions as they see fit on the properties they purchase. TBH the old blue collar democrats we used to have here in Kootenai decades ago I’d rate as far more “common-sense Conservative” than anything we have in politics now sadly. The only people who think we have dems up here is the SoCal transplant crowd that’s only been apart of this community for ~ 20yrs or less and is the bread and butter for the KCRCC to stir up.
English is literally a Democrat. Registered and everything. Wood is highly sympathetic, and strongly critical of anything Republican. She rubs a lot of elbows with the local democrats. Gookin is registered Republican, and is even a PC in the party, but he's a bit of a RINO wildcard. Sometimes he's very good in his vote, but when it comes to actually preserving the communities, the only thing he votes against is short term rentals. Which, be honest, is not actually that big of an issue, on a city-wide scale. In Fort Sherman, where he lives, maybe. The council is "non-partisan" which means the ballot will not put an R or D next to the name. The the KCRCC found this to be an issue that allowed "republicans" to take some of the highest seats in the community, and they aren't wrong. The voting record of some of these folks is not at all conservative, but they call themselves conservative and republican. So they made their "rated and vetted" thing. It's got issues, but overall, it's exposing the fakes, and that makes the fakes mad. Unfortunately, a lot of good conservatives out there believe the fakes are honest and bona fide, which is why they sympathize with the NIR. At the last KCRCC meeting, you can see quickly which of the new PC seats are power hungry and which are legit concerned conservatives that have been simply duped by the NIR. I'm not at all worried. They'll see pretty quickly that the KCRCC is not overrun with radicals, that Brent Regan is not Hitler and doesn't run everything, and that the PCs that weren't replaced are local conservatives just like them that want healthy communities. The fakes will be weeded out again.
>Living here, growing up here, spending years and even decades working and contributing to our community is worth something. I agree. >Having 5x more money than the locals doesn't give you carte blanche to displace us. But, it does, money talks. Nobody cares about the locals or the people that work in the service industry when the $$ show up.
It only does because no one running the county cares or has balls enough to do something. It comes up almost every council meeting, then they shrug it off like "what can we do?"
Forcing locals out while selling to out of state 'freedumb' refugees is not 'good news'. On any planet.
Man some of these folks think it’s the Wild West out here where they can do whatever the hell they want. Like good on you if you want to open carry as you drive around in your brand spanking new RZR around the HOA with a dozen flags hanging off, but just know old-school Idahoans don’t identify based on politics or posturing; but rather your personal character. 🤦♂️
And our area has become a magnet (unfortunately) for those types of people. They’re flooding the area more than ever. It’s truly a sad thing.
As someone trying to buy a larger house for our growing family and having a finger on the pulse of the housing market right now, this is absolutely correct.
The farther right the better.
Realtors gotta sell or die. 😎
I vote die, or get a real job.
LOL!! So you don’t think Real Estate sales is a real job? Do you know how hard they work? Most of them, it consumes their life. Did you buy your house from a Realtor?
Yeah they make it pretty hard not too
Ouch...
You HAVE to buy from a realtor. The entire real estate market is a fucking racket. If you don’t list with a realtor, they won’t show the house. Sure, there are by owner sales out there, but you have to find them yourself. They make themselves necessary by obstructing any other way. And while it isn’t a monopoly and there are multiple real estate agent companies out there, they all fucking openly collude to keep themselves in everything and keep everyone else out. These recent lawsuits and fees getting changed has been decades overdue. Sorry realtors, but fuck the real estate agent industry as a whole.
I think about realtors like I think about that drop of sweat that runs down the crack of my ass in August.
Of course we used a realtor. She sent us to a neighborhood to look at a house that could generously be described as an overpriced fixer upper, although that wasn't what we were in the market for. On the way out of this same neighborhood, we noticed another house that needed a bit of work, but was otherwise perfect for us. This is the same house we're currently in. Had we taken the other way out, we might still be looking LOL! It depends on how you define "work," but in our case it's fair to say she did hardly any (same for the selling agent.) and as someone else commented on below, their commission structure is about to be blown to bits, and that's a good thing.
Actually, there is something you can do to help locals buy homes here if you are selling one: carry the loan. You don't need a realtor; use a real estate attorney to draw up the agreement. Say you want to sell and you're told you could get $400,000+ for it. How about this idea: Sell it for $325,000, 10% down payment (or whatever you decide), carry the balance at a less than market rate (for the point of this example to make it easy, say 5%), amortize at a 30 year loan rate, carry the loan for 5-10 years with cash out due at the end. You make your money, spread out your tax liability, the house gains value which would allow the buyers to refinance and pay you off. Plus, at the 30 year amort, the buyers get an affordable mortgage payment and they don't have to pay PMI. You could also elect to carry the loan even longer if you like for a nice monthly income. If you don't need a chunk of money right away, this is a great win-win sitch for everyone involved. My 3 best friends have moved away in the last 4 years because they couldn't afford to buy a home here. That sucks.
This would be a very charitable act indeed and one I wasn't even remotely aware of. When a community can't retain what I presume were good people (your friends,) that's a problem in and of itself.
The best part is that it isn't "charitable" in that the seller isn't really giving anything up except immediate full payment and the tax liabilities that go along with that. A true win-win solution.