Jimmy McAndrew, the vice president of real estate sales with Mountain West Bank, said the Coeur d’Alene area is well-positioned to weather the economic storm.
COEUR D’ALENE, Idaho — Reports that the Federal Reserve may ease back on interest rate hikes sent stocks soaring Friday and gave Jimmy McAndrew the opening he was looking for: All is not lost when it comes to the economy.
“This is not all bad news,” said the vice president of real estate sales with Mountain West Bank.
While inflation is affecting everything, housing costs are high and a recession is either already here or coming, depending on your outlook, McAndrew believes these times shall pass, as reported by our news partners, the Coeur d’Alene Press.
“There are some remedies for what’s going on out…
