Do You Still Think it's a Buyer's Market?

While home prices are still relatively low, the Spokane area market is considered a seller's market. And it's hot!

As of August 15, 2006, average days on market is 43 days. For homes priced in the $100,000-$199,999 range, days on market averages just 34.5 days!

Price per square foot has increased between $10 and $20 since this time last year. A sign of steady growth.

What are some advantages and disadvantages of living in a seller's market?

Listings are selling fairly quickly, which is positive for the seller, but sometimes forces buyers to make emotionally-driven, not knowledge-based negotiation decisions.

Inventory in the $100,000 to $199,999 range is low.

So what's important now?

Thinking of selling property in Spokane? Now is a great time to do it. Relocating? We're happy to hear it. You're relocating to Spokane at a time when the economy is growing, unemployment is low and homes are still affordable.

It's also an ideal time to invest, while the numbers are still working. Good news: we specialize in helping real estate investors succeed.

Contact us to find out how we can help you meet your goals.