Real estate feeding frenzy eases

 Real estate feeding frenzy eases


COEUR d’ALENE — The wild real estate market ride in Kootenai County might be calming down.

As of Sept. 9, there were over 1,200 local MLS listings. That’s more than triple the number of listed homes in January.

Anne Anderson, a broker with Lakeshore Realty since 1987, said this run-up on real estate is “totally unlike anything we’ve ever seen.”

As a witness to the 2008 housing market crash, Anderson said in that case, the market increased then “quickly dropped off.” This time around, she believes the current market “is going to remain the status quo.”

As an agent with Professional Realty Services since 2017, and experience flipping real estate that dates back to 2005, Kevin…

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