Friday, December 13, 2019 / by Kylene Emery
Hello everyone! It’s that time of the week again! It is time to give you a Spokane market update! As I am sure you can imagine, the market is sloooooow right now! There is very little inventory, a little over a month’s worth, and there aren’t a great deal of buyers in the market. This is very typical of this time of your, but don’t let this slow down fool you! We are still very much in a seller’s market! Homes that are marketed and priced correctly can will still sell fairly quickly. There is still a very good chance that there will be multiple offers on your home!
Keep in mind that our spring market typically heats up February 1st, which is only 6 weeks away, and there will be a lot of new houses coming on the market and more buyers beginning their house hunt. If you are interested in selling your home or buying a new one, now would be a great time to start looking for an agent. You can take your time to interview agents, and you can also start looking at homes in your area in order to prepare yourself for the selling or buying process! It can feel very rushed when you start the process, so an early start will really help you become more prepared!
Finally, as I have been saying for several weeks, if you want to buy a home in 2020, start looking now! The Spokane market is going to be very competitive this spring and summer. Start looking now! You have a very good chance of finding a home you will love before prices increase and the competition ramps up!
Please feel free to reach out if you have any questions, or if you would like to talk about your particularly situation. Have a great weekend!