Serving the Majestic
North Idaho Panhandle

Compare Listings

​Idaho Panhandle Real Estate Market Report

​Idaho Panhandle Real Estate Market Report

NEXTHOME FEATURED IN FORBES

We’re ending the week with a bang over here at NextHome as our very own Chief Strategy Officer, Keith Robinson, was featured in Forbes’ ‘Seven Signs Your Local Real Estate Marketing Is Starting To Heat Up.’ The story touches on how vital it is to understand what a real estate market is trending toward, as it better positions both buyers and sellers for negotiations.

In the article, Keith speaks on the importance of inventory size when evaluating the market, while others address overpriced properties, development pace and days on market.

In case you missed it, check out Keith’s quote below:

Inventory Size

“Inventory is the strongest local indicator, in my opinion. That, crunched against the number of properties going pending each week, will give you a clear idea if the supply side of the equation is headed down or up. And that is massively correlative to the market direction. Secondarily, I also look at local job creation numbers. That is the demand side of the equation and can also impact the market.”

At NextHome, we’re all about real estate made modern. Interested in learning more about how we’re heating up the real estate market and leaving a lasting impact on the industry and our communities?

img

Idaho Panhandle Realty

Related posts

  • News

Where Are Home Values Headed Over the Next 12 Months?

As shelter-in-place orders were implemented earlier this year, many questioned what the...

Continue reading
by Idaho Panhandle Realty
  • News

Homebuyer Demand Is Far Above Last Year’s Pace

Homebuying has been on the rise over the past few months, with record-breaking sales...

Continue reading
by Idaho Panhandle Realty
  • News

Three of the Latest Reports Show Housing Market Is Strong

The residential real estate market is remaining resilient as the country still struggles to...

Continue reading
by Idaho Panhandle Realty