Very POSITIVE Lewiston Clarkston Real Estate Udate

Good News! Our area has excellent numbers considering what the national media would want us to believe...NOW is the time to buy real estate! Don't wait! Buy while the interest rates are at a near all time low! And qualifying First Time Buyers can recieve up to $7500 off the top of their 09 Income Taxes!

Local Certified Appraiser, Gary Chase, of Chase Appraisals, gave the following report: The FHFA house-price indicators for the 3rd Quarter of this year show Lewiston, ID -Clarkston,WA, as up a cumulative 4.0% for the last 1 year 32.5% for 3 years and 65.5% for the past 5 years. The one year figures compare to a -2% for Idaho overall and a -2.1% for Washington overall.

Year end stats will be available next week, but a quick glance at market conditions in the LCValley show that our sales numbers are down significantly per the LCAR MLS. Our sales prices remain stable, and the number of foreclosures is stable. National News stat's are incorrect for our area! Good News!

First Time Homebuyer Informational Seminar

Anyone who has not OWNED a home in the last 3 years is now considered a First Time Homebuyer, and is invited to attend a free seminar at the Asotin County Library on 5ht and Elm in downtown Clarkston, Wa on December 4, 2008. The seminar will be from 6-7 Pm, and will be Hosted by Keyna Willett of The Advisor's Mortgage Group and Judy Higgins, Realtor, of Coldwell Banker Tomlinson.

Topics to be covered include: Myth vs. Reality in the LC Valley Housing Market-- now is a great time to buy! Tips of how to get the best price in today's market, how to get the most value in a mortgage lender, and how to choose the right home based on monthly payments, not asking price. Limited seating is available, call 305-7896 to reserve your place today.

Idaho Homes Still a Bargain

In places like Atherton, California, where Google employees are cashing in stock for homes, real estate prices are sky rocketing while homes are becoming scarce. Idaho, on the other hand, allows investors and homeowners to responsibly stretch their dollars as they buy at relatively rock bottom prices.

Since the 1950's, the affluent have poured money into Idaho because of the grandeur of its outdoor beauty and recreation. Idaho has attracted celebrities such as Bing Crosby, Patty Duke, Brooke Shields, Arnold Schwarzenegger, Clint Eastwood, and Jamie Lee Curtis. Herbert Allen (Allen & Company, Inc.), investment banker and Idaho property owner, attracts tech and media moguls such as Bill Gates (Microsoft), Michael Eisner (Walt Disney Company), Warren Buffett, and Michael Dell (Dell Computers).

Idaho is the place to invest.

Even considering the 26% rise in home prices, the average price of homes in the Lewiston area is still only $144,213 (source:local MLS data). For a California investor, whose average home price is $743,367 (source:ReReport), Idaho provides unique and profitable investment options... Imagine six rentals for the price of one!

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