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DOTC: Real Estate Recordings Still “Healthy”

Dan of the County: I noticed a few comments-questions about the volume of real estate sales, closings, etc. and how it may compare to last year. One fairly objective indicator is how many recordings we process in the Recorders Office. Every time someone buys, re-finances, or somehow affects the status of real property in Kootenai County it usually needs to flow through the Recorders Office. So I checked some numbers from the reports I get each month from my Recorders staff. The Recordings in July 2006 are 26% less than July 2005. The recordings for June of this year are about 25% less than June of 2005. Also, just for the real estate trivia buffs, June of 2005 was our highest month on record for recordings followed closely by August of 2005. So it does appear that was the peak of activity in recent years. It should also be noted that even though our current numbers are down a fair amount over last year, the numbers are still very healthy when compared to historical numbers in Kootenai County. This latest “boom” period started in about July of 2002 based on recording levels.

DFO: Our faithful public servant continues to keep us posted about interesting things at the courthouse. I know many elected officials blurk here. You’d be most welcome to join in the discussion as Dan of the County, MikeK, Mary Souza, and other public servants have done. This forum is a good way to communicate with the vox populi.

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About this blog

D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Print Huckleberries is a past winner of the Herb Caen Memorial Column contest by the National Association of Newspaper Columnists. The Readership Institute of Northwestern University cited this blog as a good example of online community journalism.

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