Episode 24 of the Price Report.

Last week, I had the chance to spend a few days backpacking in the Sawtooth Mountains with a couple of friends. We took a boat across Redfish Lake, then hiked into the mountains to camp, fish & explore a few different lakes along the way. It was a great opportunity to unplug, recharge and enjoy some incredible scenery with friends.

As always, this newsletter is filled with useful information, market updates, and a few laughs.

 
 
 

MEDIAN CLOSED SALES PRICE

(Residential)

The market is peculiar and really varies by price point and product. Interest rates have bumped back up. If you have questions on the market or your home, let me know and we can connect.

 
 
 

Monthly Median Sales

12 Month Rolling Average Over the Last 5 Years
 
 
 

Check out my new listing and experience elevated lake living in this architecturally distinctive 2024 residence within Black Rock Estates. Offering 5,122 SF with commanding Lake Coeur d’Alene views, the home features expansive glass, exceptional stonework, European white oak floors and thoughtfully designed indoor-outdoor living. Highlights include a view-oriented chef’s kitchen, four private suites, flexible den, wine room, wet bar, expansive covered deck and lower patio with hot tub and fireplace. Complete with a heated 3-car garage and access to community lakefront amenities. 

The home is set within The Golf Club at Black Rock, a private luxury golf and social community along the shores of Lake Coeur d’Alene.

 
 
 

TODAY'S INTEREST RATE: 7.19%

(MND 30 year fixed rate)

 
 
 

IF YOU HAVEN'T UPDATED YOUR WILL, 

READ THIS...

Turns out August was National Make a Will Month, and I was reminded of a few things I thought were worth passing along.

1. If you don't have a will... This is your reminder to not procrastinate and make one.

2. If you have a will review it. A periodic review is worthwhile, especially after any significant life changes, to make sure your will still reflects your current wishes.

A few other documents are worth having in place:

  • Healthcare directive
  • Medical power of attorney
  • HIPAA authorization
  • Financial power of attorney

One thing that stood out to me: If you have children who are 18 or older, they should consider having a medical power of attorney and HIPAA authorization as well. Once they’re adults, parents don’t automatically have access to their medical information or the authority to make medical decisions on their behalf if they’re unable to do so themselves.

If this has been sitting on your to-do list, consider this a good reminder to talk with an estate planning attorney and get it handled.

 
 
 

JOKE(S) OF THE MONTH

What is a tree's least favorite month of the year?

..."Sep-timberrrr."

 
 
 
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How can I help you reach your real estate goals?

 
 

Casey Price

‌‌Windermere / Coeur d'Alene Realty, Inc.‌‌

caseyprice@windermere.com
‌+1 208-819-9395 ‌‌ ‌‌‌
‌‌1000 Northwest Blvd.‌, Coeur d'Alene

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