Community Yard Sale June 9th & 10th

Join Our Community Yard Sale and Fun-Filled Event on June 9th & 10th. Discover unique treasures and score fantastic deals during this event hosted by Architerra and loanDepot!

Details:

  • June 9th, 8 AM – 4 PM
  • June 10th, 8 AM – Noon

Any household in the neighbors can participate by simply putting out your things for the yard/garage sale during the days and hours above! Participating neighborhoods include:

  • Foxtail
  • The Trails
  • Echelon Village
  • The Parkllyn Estates

You can find directions to these neighborhoods here:

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So mark your calendars, bring your shopping bags, and get ready for a memorable day of deals and community spirit. We can’t wait to see you there!

More Sizzling Savings!

Summer got even hotter with our sizzling savings offer on the Parkllyn Cottages! And guess what? We’re turning up the heat even more by adding more deals to our summer savings event!

Introducing our blazing new offer: Get a scorching 5.5% (APR 5.625%) interest rate OR up to $15,000 towards closing on MORE incredible homes!

But hurry! This offer won’t last forever. Sign a contract by June 15th and close on an eligible home by July 31st to secure a fantastic interest rate and be living in your dream home by the summer’s end. This Independence Day, celebrate the freedom of homeownership in your brand-new, breathtaking abode! Whether you are first time home buyer or looking to upgrade, this offer helps ensure affordable mortgage payments on your dream home. Experience the freedom of worry-free home ownership!

Don’t wait another minute! Contact our expert new home consultants for additional details and ignite your journey to a new home today:

Please note: All pricing is based on minimum 740 FICO and 20% down. Based on today’s rates and subject to change as rates change daily.  Offer includes $5k from loanDepot and requires financing through loanDepot. Offer is applicable to a limited inventory of homes and is not to be combined with any other offer. Offers, incentives, and contributions, if any, are subject to certain terms, conditions, and restrictions. Valid for buyers who sign a purchase and sale agreement prior to June 15, 2023, which must close before July 31, 2023. Architerra reserves the right to change or withdraw any offer at any time prior to execution of a purchase and sale agreement. Rate based on minimum 20% down and purchase price between $514,900 and $524,900 on Cottages and purchase price between $634,225 and $741,900 on Foxtail and Parkllyn Estates homes. APR may change with higher prices. Excludes FHA/VA or any loans not approved or funded through loanDepot. Financing provided by loanDepot: NMLS #1488388. (www.nmlsconsumeraccess.org) . This is not an offering where prohibited by law.

Special Summer Offer: Get 5.5% OR $10,000 towards closing

Take advantage of a a special 5.5% interest (5.625% APR)*, 30-year fixed interest rate loan OR $10,000 credit toward closing costs on our charming Cottages with our sizzling summer savings offers through loanDepot. Act fast! If you sign a contract by June 15th and close on an eligible home by July 31st, you can secure a fantastic interest rate and be living in a stunning new home this summer.

Qualifying homes include:

Celebrate the fourth of July in new your home with your friends and family and have peace of mind knowing you got a great deal. Whether you are first time home buyer or looking to upgrade, this offer helps ensure affordable mortgage payments on your dream home. Experience the freedom of worry-free home ownership!

Contact our new home consultants for additional details: [email protected] or call 208-699-7101

Read more

What does the current housing market look like?

“What we’ve seen over the last couple of years is obviously during a pandemic, we saw prices rise because everyone came here [Coeur d’Alene]. But now we’ve seen prices get back to normal. Not dive sharply down, but stabilize. They are at a much more normal appreciation rate.” Keith Wells of our team recently told KREM2 news.

According to the KREM2 report, prices stabilizing is the consensus across the board for the Spokane/Coeur d’Alene region. For home buyers, that breaks down to:

  • A median home price of $415,000 in Spokane and $515,000 in Coeur d’Alene
    • With a conventional home loan at 7% interest and a 5% downpayment, that means you would need to make
      • $74,400 – $91,200/year to afford a home
  • Home prices are not expected to jump up drastically, and most homes are going for around asking price instead of above like last year
  • Buyers have time to consider their options and find the home they truly want

But the numbers above assume a 7% interest rate on your loan. What if you could get a better rate?

For a limited time only, Architerra, through loanDepot, is offering a special 5.5% interest (5.625% APR)*, 30-year fixed interest rate loan OR $10,000 toward closing costs on our charming Cottages. We are also offering $15,000 towards closing OR a similar 5.5% fixed interest rate promotion on select move-in ready homes in both:

  • Our Parkllyn Estates neighborhood, which come with 1/4 acre lots and additional garages so you have plenty of room for all your toys and hobbies
  • Certain new builds in our Foxtail community which features a central park and close proximity to Treaty Rock elementary school

If you select one of the eligible homes and close by July 31st, you can lock in a great interest rate and get a beautiful, brand new home.

For additional details and specific homes this offer applies to, contact our new home consultants: [email protected] or 208-699-7101.

Please note: All pricing is based on 740 FICO and 20% down. Based on today’s rates and subject to change as rates change daily.  Offer includes $5k from loanDepot and requires financing through loanDepot. Offer is applicable to a limited inventory of homes and is not to be combined with any other offer. Offers, incentives, and contributions, if any, are subject to certain terms, conditions, and restrictions. Valid for buyers who sign a purchase and sale agreement prior to June 15, 2023, which must close before July 31, 2023. Architerra reserves the right to change or withdraw any offer at any time prior to execution of a purchase and sale agreement. Rate based on minimum 20% down and purchase price between $514,900 and $524,900 Cottages. APR may change with higher prices. Excludes FHA/VA or any loans not approved or funded through loanDepot. Financing provided by loanDepot: NMLS #1488388. (www.nmlsconsumeraccess.org) . This is not an offering where prohibited by law.

Explore one of our Cottages: