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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 where ...[Read More]
While owning a home has multiple benefits, there is another bonus for First Time Homebuyers for the next few months: An $8,000 First Time Homebuyer IRS Tax Credit! This “Gift”, given to First Time Homebuyers from the government, does not have ...[Read More]
The dream of homeownership is alive and well during Homeownership Month Is it still reasonable to dream the dream of home ownership? Although the white picket fence comes in many forms nowadays, from condos to co-ops, from townhomes to bungalows, the dream ...[Read More]
The 2009 Stimulus package included a “refundable” tax credit worth up to $8,000 for taxpayers who purchase their first home between January 1 and November 30, 2009. While it is a great incentive for first-time buyers, the funds are not available ...[Read More]
Man, I love the Zags. Me and everyone else in Spokane. They played an outstanding game today and won in a thriller against 12-seed Western Kentucky. The “Hilltoppers” (goofy name-good team) tied it with just seven seconds to go. Daye inbounded ...[Read More]
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, ...[Read More]
When the final stimulus bill was approved, there were three major changes from the original first time home buyer tax credit program: · Tax credit was increased from $7,500 to $8,000. · Homes have to be purchased between January 1, 2009 and ...[Read More]
The $790 billion stimulus package signed by President Obama today increases the home buyer tax credit to $8,000, drops the repayment feature, reinstates last year's 2008 loan limits for FHA, Freddie Mac, and Fannie Mae loans, and provides $2 billion ...[Read More]
We are still with EXIT , but are now at the Valley branch office at 1101 N. Argonne, Suite 101 . We are excited to have access to more tools and technology to better serve our clients. As always, if you have any questions about buying, selling or investing ...[Read More]
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 ...[Read More]
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 ...[Read More]
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 ...[Read More]
Home staging is the art of maximizing a home’s best features to create an edge over the competition. That means cleaning, eliminating clutter, working with the “flow” of a home, neutralizing colors, creating the illusion of space, editing ...[Read More]
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 ...[Read More]
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 ...[Read More]
Homes in Pomeroy are a great value for your money! The cost of living is also low. Pomeroy boasts an excellent school system (having just been named a "Washington State School of Distinction"), a medical clinic, shopping, Excellent park system, ...[Read More]
If you plan to buy a home any time soon, you have probably considered most of the obvious questions like, what neighborhood you want to live in, how many bedrooms you need, and when you want to move. But before you get too far down the road, you’ll ...[Read More]
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 ...[Read More]
While home prices nationwide continue to sag – there are still some very bright spots in the housing market, and Spokane, Washington is one of them! A recent article, Ten Rising-In-Value Real Estate Markets by Deborah Orr of Forbes.com listed 10 ...[Read More]
Ok. So you are ready to sell your home. But with so many other properties on the market competing with yours, and fewer buyers able to qualify for financing, you have a challenge. That’s the bad news. The good news is that people will always need ...[Read More]
It was nice to see a couple of stories this week, both local and national in scope, injecting some reality into the so-called housing “crisis”. Turns out the sky is not falling after all. Rich Levin’s Sensationalism and the Housing Bubble ...[Read More]
Despite media predictions for doom and gloom in the real estate market in general, the Spokane Washington real estate market is still HOT! While we are not operating at the fever pitch of the last couple years, our market is still very strong. If you are ...[Read More]
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