Friday, October 25, 2019 / by Shayla Morford
180 new, active or maybe "not so available" (under contract or even sold) homes came on the market since my last weekly update.
That's actually quite similar to this time last year (171 Homes).
When you take a look back at 2017, there were 137 homes available for purchasers.
And yet the market is far more competitive is seems now. rather than in 2017, where there was a decrease in inventory by nearly 25%.
One of the main factors would be the Federal Reserve fluctuating short term loan rates. This is done to try to slow the pace of demand for new residences. Not only are new construction homes not being built fast enough, sellers have extremely low monthly payments as they had secured a rate of 3%-or less. Rates are slowly creeping up, yet the employment rate is low and wages are rising.
We still are in a stimulated economy, as a whole, and this positive market trend looks to be insulated slightly by the Spokane area versus other ...
Saturday, April 27, 2019 / by Connie Tracy
During the home-buying process, you will collaborate with and speak with your real estate agent more than any other party involved. This person will be your right hand, support system, and, in some cases, your eyes and ears. Most importantly, they will be the expert throughout the home search or home selling process. Find an agent that fits your needs and they'll work for you to find the ideal home at the price point you can afford.
Not every agent is the same. Take a look at their history of homes sold in the past 6 months to a year. If they have just a few, then you know that this not their number one priority. They may work another job, which may not be in the best interest for you.
There are typically two agents involved in a transaction. The agents are the buyer's agent who represents the buyer and buyer only. There is also the seller's agent who represents the seller and their property. Both agents work on a commission averaging 3% for each agent. This cos ...
Wednesday, March 13, 2019 / by Amber Tice
I love what I do. I love the people that I meet along the way. I love seeing their families grow on social media, and through snail mail. My life is so much fuller now that I have learned how to open up (just a little bit) to people. I never used to be open with others that I didn’t know well. I rarely gave people a chance. As a result I have few friends (which isn’t a bad thing), and spend a lot of my free time by myself. I make these choices daily, and to some extent I am still that same person deep down who likes her “alone time.” However, there is definately something to be said for opening up and showing someone a little kindness. It wasn’t that I didn’t want to show affection, or love for others. I just felt awkward about it (and still do) and so I taught myself how to distance myself from those uncomfortable moments.
What I have learned over the past 16 months is how to reach out to people to let them k ...