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Huckleberries Online

900 Local Homes Face Foreclosure

Item: Future: Foreclosed: Some people in Kootenai County staked fortunes on the housing bubble and now it’s exploding in their faces/Taryn Hecker, Pacific Northwest Inlander

More Info: More than 900 notices of default were filed in Kootenai County in 2008, an increase of about 40 percent from the previous year, says Kootenai County Clerk Dan English. One of every 454 homes in Kootenai County is in the process of foreclosure, according to market statistics. “A lot of what we’re seeing is people overspent,” says Joel Elgee, a realtor with Coldwell Banker Schneidmiller Realty in Coeur d’Alene. “They go into a home and their margin was too tight and if anything went wrong, they’d be missing house payments. “Once you miss one payment, it’s all over. … The situation perpetuates itself.”

Question: Do you know of anyone in danger of losing his/her home?

35 comments on this post so far. Add yours!
  • Cabbage Boy on March 11 at 1:51 p.m.

    Shouldn’t that headline read “900 local homes…”

    The 454 was from “1 in every 454 homes”

  • Escapee on March 11 at 2:22 p.m.

    No home buyer was cautioned they might be overspending BEFORE they got into their homes, when economic times were better…

  • tarynahecker on March 11 at 3:28 p.m.

    Not this month, thanks to the Inlander for paying me to write this story :)

  • Cabbage Boy on March 11 at 3:37 p.m.

    Taryn, hows the picture business? Next go round, we will look you up. If you can get all 7 to smile for the same picture, I will be impressed. I hate the big studios that pressure us into deciding what we want right then and there.

  • christywoolum on March 11 at 4:43 p.m.

    Thankfully I don’t yet. I am glad you got the story at the Inlander Taryn. I do hope your photography business is going well.

  • hmoffsuite on March 11 at 5:09 p.m.

    For all of you journalists here, did you know that the owners of the 3 local papers all live next door to each other at the lake in the summer. Bingo, bango, bongo. With the exception that Skip lives between the Cowles and Hagadone. He calls it the DMZ.

  • DFO on March 11 at 6:05 p.m.

    HMO; I know that skip lives between the Cowles (SR) and Hagadone (Press). Is the another owner I’m not aware of? The late Harry Magnuson, who lived a little ways off, owned a Silver Valley paper for awhile. Who am I missing?

  • hmoffsuite on March 11 at 6:10 p.m.

    McGregor. The Inlander, lives next door to the Cowles. He goes out on the dock and plays the bagpipes.

  • hmoffsuite on March 11 at 6:15 p.m.

    DFO. Magnuson is down closer to Kidd Island Bay. His place is right across from Elways’ and next to Dennis Franz. I asked Dennis one day how he happened to wind up on Cda. He said he grew up in Chicago and his family always went up to a lake in Wisconsin. He wanted to find the same environment for his kids to grow up. He lives in LA and somebody told him he should check out Cda. He did and he did. He bought the old Girl Scout camp in Kidd Island Bay, fwiw.

  • Sam on March 11 at 6:53 p.m.

    I was having dinner with my uncle and The Lovely Kathryn at Cedars Floating Restaurant when Franz brought in a big group of family. He’s definitely got the whole family thing going on there.

  • DFO on March 11 at 7:29 p.m.

    HMO; McGregor has made enough money off the Inlander to live on the Gold Coast? Amazing.

  • mia on March 11 at 9:06 p.m.

    DFO, Interesting that you refer some of the property on Lake CdA as the Gold Coast. I know certain areas on Hayden Lake, (near HLCC) have been referred to as the Gold Coast. The properties around Cd’A lake have” grown up”, I guess. Good or bad? I do remember the day when it was not only the rich who had property on the lake, and they had cabins, not elaborate homes! The times they (have) are a changin’. Huh?

  • mia on March 11 at 9:12 p.m.

    refer=refer to. Dang, way to use the preview option.

  • cantyoureadthesigns on March 11 at 10:08 p.m.

    “DFO on March 11 at 7:29 p.m.

    HMO; McGregor has made enough money off the Inlander to live on the Gold Coast? Amazing.”

    I was thinking the same thing. Wow.

    As to Gold Coast, that phrase is used all over the country, and the world.

  • JIMMYMAC on March 11 at 10:27 p.m.

    I played golf with Dennis at the Resort once. He invited myself and two others to join him on the 9th tee and we played the rest of the round with him. That was summer of 2004 and I’m pretty sure he hadn’t yet bought the dirt where his gorgeous home now sits. Very very classy guy. One of the guys in our group was a huge fan and yelled “SIPOWITZ!!!” when we approached him. He took a rain check on the beer we offered in the clubhouse after the 18th.

  • mia on March 11 at 10:58 p.m.

    Cantyou, You’re’ right. I know the term The Gold Coast certainly did not originate in Hayden or Coeur d Alene Idaho. It is widely used to mean pricey waterfront property. I was using it in a much more small world context. :)

  • tarynahecker on March 12 at 6:08 a.m.

    Cabbage, IEG - The photo biz is going well. And Cabbage, even if I can’t get all 7 of you to smile at the same time and I bet I can, it’s a bargain for a family your size. What’s $50 divided by 7? About $7 bucks a person. Plus you get all the images for free on a disc and the copyright. So no, I won’t pressure you to decide what pictures you want. You can take your time deciding that yourself at the Wal-Mart photo kiosk :)

  • Cabbage Boy on March 12 at 8:06 a.m.

    Taryn, sounds like you have a good future in the biz. I hate the overselling and pressure (especially coming on the heals of getting all the kids ready and behaving for the pictures.)

    Good luck with it.

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About this blog

D.F. Oliveria is a columnist and blogger for The Spokesman-Review. Huckleberries Online was judged the best 2008 Idaho newspaper blog by the Idaho Press Club. And the best 2007 news blog in the Pacific Northwest by the Society for Professional Journalist. 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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