Fannie and Freddie have billions of dollars in bad loans with Fannie losing nearly 15 billion in the last 90 days.  Now the Treasury is being asked to fork over another 11 billion bucks in funding.  The administration is considering everything from total liquidation to nationalizing Fannie Mae.   High ranking economic officials in the administration [...]

Sandpoint foreclosures continue to keep conventional buyers on the sidelines as Investors are scooping up the most affordable properties at yard sale prices.
Banks are forced to keep foreclosed homes vacant and appraisals may be lowering the values of inhabited homes due to the low closing prices or no sales at all.
Betsy and I were walking [...]

The Sandpoint City Council finally deleted some of the proposed site plan standards for buildings with a footprint larger than 20,000 square feet.
Deciding by a majority vote that they did not want to become Sandpoint’s “color police” they eliminated the original requirement of “exterior building materials and colors that are aesthetically pleasing … ,” including [...]

I have an outstanding source that says Ernie Belwood will officially announce the closing of Belwood’s Furniture store on Cedar street in downtown Sandpoint.
After nearly 35 years he and his employees will be missed.
Many have called Ernie “Mr. Sandpoint” and can always be certain of a friendly greeting and terminal cheerfulness.
It also means that the [...]

Temperatures are rising along with the lake level and people in Sandpoint are excited about our Annual Lost in the 50’s celebration put on by Carolyn Gleason of 2nd Avenue Pizza and the best crew of volunteers in the country.
Hundreds of examples of American Metal will roll down the streets of Sandpoint tomorrow and with [...]