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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]
These stats are for all homes that sold in Stevens County either on a city lot or on large acreage out in the country. Year # of Homes Sold Average Price Sold 2004 487 $125,581 2005 523 $147,490 2006 398 $176,005 2007 337 $188,262 2008 265 $174,789 As ...[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]
This is a really nice home that was built in 2001 and bought about 19 months ago for $350,000 and about $15,000 was put into it plus closing cost. It is now listed for $286,750, they are giving a 1 year home warranty, paying up to $2,800 in closing cost, ...[Read More]
Hello Everyone, As a Realtor we are often asked how is the real estate market doing these days. So we thought it was time to bring our clients, friends and families up to date on how our market did in 2008. To the surprise of many the answer is far better ...[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]
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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