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When Will Home Values Rebound? Predictions for Spokane and the Northwest

By now you know that home values have taken a dip in Spokane. So the million dollar question is: Will prices go lower? When will prices rebound? No one has a crystal ball, and much will depend on our employment rate and the number of foreclosures hitting

Is NOW the time to buy?

Many factors go into buying a home, but one important factor is always "Am I getting a good value?" Buyers constantly weigh all of their reasons for buying, and a few buyers are considering putting off their purchase until the spring to see

Economy in Toilet = Lower Interest Rates for Homeowners!

Unless you have been living in a cave, you most likely know that the U.S. Economy is at its lowest point in recent history. That is certainly not good news. But there is a silver lining: Mortgage rates tend to fall when economic news is bad. Basically,

Year-end Spokane Market Stats

The final numbers are in for 2008, and here is how we fared: Total sales for 2008 were 4,911 compared to 6,935 in 2007. The average sales price for the year was $206,291 and the median price was $184,000 . The average sales price is down 2.6% compared

SPOKANE makes two more “best of” lists…

US News and World Report listed Spokane in their “ 10 Great Low-Tax Places to Retire ” Report. They created a search tool that ranks and analyzes more than 2,000 locations throughout the United States, according to various criteria including

Snow Show

As of midnight Friday January 2 nd , the total snowfall in Spokane for the season was 66.9 inches. We shattered all the previous records. It is getting hard to come by a shovel, scraper, snowblower or roof rake anywhere. One day before Christmas we stopped

How to Get a $47,000 Discount on a New Construction Home in Spokane

Yep, you read that right. Most people know by now that the Spokane Real Estate market has not experienced the steep decline in values that many other locations have seen. Although listing inventory is high and total sales have declined, we’ve held

Spokane ranks 9th on Forbes “Best Places for Business and Careers”

Forbes recently announced their 10th annual ranking of the Best Places for Business and Careers. The findings help to paint a picture of what is happening in the overall U.S. economy, as well as in specific metro areas across the country. Plus, the rankings

NOW is the Time to Invest in Spokane

The Spokane residential real estate market continues to buck the national trend of declining values. Several factors are combining in the Spokane region, including positive in-migration, dwindling inventory in new construction, rising rental rates, and