Ben Fairfield Real Estate

03/18/2023

Check it out! Wallace, ID is one of my all-time favorite small towns in Idaho, and as it turns out it is one of the top 20 in the US!

Much like the surrounding Silver Valley, Wallace has a rich and colorful history.

03/10/2023

What story are you telling yourself?

12/08/2022

11/24/2022

This year like all others we all have so much to be thankful for!
I am thankful for all of you supporting my business this year not only by allowing me to assist you but by referring me to your friends and family needing expert real estate guidance.
THANK YOU!

10/13/2022

Don't let buying or selling be SPOOKY!

If you or someone that you know needs ANYTHING regarding real estate, put my 17 years of experience to work for you!

CALL or TEXT ME today at 208-660-7204!

09/08/2022

There has never been a better time to sell your home!

If you or someone that you know is thinking about selling CALL or TEXT ME today at 208-660-7204 for a no-obligation market valuation report!

09/05/2022

While most people think of Labor Day as the unofficial end of summer it is actually a celebration of workers. Its origins reflect how far workers' rights have come in this country. At the height of the Industrial Revolution in the late 19th Century, the average American worked 12-hour days, seven days a week!

08/11/2022

If you or someone that you know is thinking about selling, CALL or TEXT ME today at 208-660-7204 for a no-obligation market valuation report!

07/26/2022

Here's a breakdown of the story this data tells:

The 2017 through early 2020 numbers (shown in gray) give a good baseline of pre-pandemic demand. The steady up and down trends seen in each of these years show typical seasonality in the market.

The blue on the graph represents the pandemic years. The height of those blue bars indicates home showings skyrocketed during the pandemic.

The most recent data (shown in green), indicates buyer demand is moderating back toward more pre-pandemic levels.
This shows that buyer demand is coming down from levels seen over the past two years, and the frenzy in real estate is easing because of higher mortgage rates.

Again, the data paints a picture of the shift:

The pre-pandemic years (shown in gray) establish a baseline of the number of existing home sales in more typical years.
The pandemic years (shown in blue) exceeded the level of sales seen in previous years. That's largely because low mortgage rates during that time spurred buyer demand and home sales to new heights.
This year (shown in green), the market is feeling the impact of higher mortgage rates and that's moderating buyer demand (and by extension home sales). That's why the expectation for home sales this year is closer to what the market saw in 2018-2019.

07/04/2022

Happy Independence Day!

On July 4th, the Continental Congress formally adopted the Declaration of Independence. Though the vote for actual independence took place on July 2nd, from then on the 4th became the day that was celebrated as the birth of American independence.

07/01/2022

This is a trend that has been continuing for a few weeks. Significant growth in inventory and a much lower number of homes going under contract.

Currently in the Coeur d'Alene Multiple Listing System we have 1,558 active listings available for sale. Why is this number significant??? This is the highest level of inventory we have seen in over 10 months!

The market has changed and continues to. Prices are holding for now due to the fact that we are still under-supplied and IF you are thinking about selling time is NOT on your side! If selling may be in your future, call us today to get an up-to-date idea of the value for your property so you can maximize your sale price!