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Spokane Real Estate Market Update for the week of November 12, 2019

Tuesday, November 12, 2019   /   by Pamela Glende

Spokane Real Estate Market Update for the week of November 12, 2019

5,727 homes have sold in Spokane County year to date from November 12th 2018.

These are stick built homes on one acre or less. They don’t include homes on more than one acre or mobile homes.

Home prices continue to increase. We have growth in the economy and new business coming to town.

Homes aren’t staying on the market long if they are priced at true market value. There are plenty of home shoppers out there trying to find a home. Rentals are hard to come by and folks do want to be homeowners. It’s still a strong seller’s market here in Spokane, Washington.

If you’re trying to find a home, it is so important that you have a lender and that you’ve turned in all needed documentation to get a stellar preapproval. You’ll want a letter that states that the lender has verified all needed information such as credit, debt to income ratio, employment and 2 years of your tax returns and assets. The better your lender preapproval letter the better your chances on getting an offer accepted on a home. Let’s face it the competition is tough out there.

If you’re thinking about selling your home, it’s a great time as it is still a strong seller’s market. You still should have a professional real estate agent do a market analysis on your home. You’ll want to price the home correctly. You’ll need a great agent who can advise you on staging and getting the home ready to sell. You’ll want to hire a real estate agent with great reviews. Make sure they do use a professional photographer. After all most home buyers are shopping online before they ever step foot into a home for sale. You’ll also want a brokerage like Haven Real Estate Group who has and does great marketing, wonderful reviews and a great team of expert agents to help you get the most for your home.

I’m Pam with Haven Real Estate Group. Let me know if I can help?

509-731-3302

Thank you


 


 


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Haven Real Estate Group
Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201
509-590-4701

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIMLS The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Haven Real Estate Group are marked with the IDX logo. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Haven Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Copyright 2019 of the Spokane Association of REALTORS® MLS. All rights reserved.