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Transaction | pricing Blog

Friday, October 18, 2019   /   by Jennifer Gilbertz

Spokane, WA Housing Market Update October 18, 2019

Spokane, WA real estate market is holding strong and is continuing to be a top seller’s market.  As a Spokane Realtor working with Haven Real Estate Group, we keep a close watch on the current real estate market trends on a weekly basis.  For you, this means you will have access to the most up to date housing market information for our area and will have access to links to further educational blogs and videos relating to the current Spokane housing market, as well as, home selling and home buying educational tools.
We are currently holding at a 1.2 month supply of homes in our real estate market here in Spokane, WA.  This monthly calculation of homes is based on the percentage of home buyers that are ready and able to purchase versus the amount of homes that are currently available in today’s Spokane, WA real estate market.  For example; if suddenly no more homes were going on market for sale and at the current buyer purchasing rate, all the current ho ...

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Friday, October 18, 2019   /   by Jennifer Gilbertz

When Is the Best Time to Sell My Home?

If you are considering selling your home and live in the greater Spokane, WA area there are several items to consider before taking the leap and listing your home for sale.  One of the most important questions home seller’s have is, “How can I net the most equity from the sale of my home?”.  Let’s be honest, moving is stressful enough, and the homes selling process can seem daunting.  However, if at the end of the home selling rainbow you can have some cash on hand that can be the cherry on top of this massive life and financial transaction.  As a full-time Spokane, WA Realtor I get frequently asked when the best time to sell a home is.  This depends on several different variables.
 
First question to ask yourself is; What’s my time frame for needing or wanting to move?  If the answer to this question is – I need to move right away, well then, the answer is pretty cut and dry and should list as soon as possible.&n ...

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Friday, October 18, 2019   /   by Jennifer Gilbertz

How Long Will It Take To Sell My Home?

Ok, you have decided that selling your home might be in the near future and as an intelligent home seller in Spokane, WA, you are wanting to have as much information at your disposal to make an educated decision.  One thing that is more than likely on your mind is, “How long will it take to sell my home in today’s real estate market?”.  This is a very important question because first of all you will need to know where you will be moving to next, how much time you need to prepare, and when will you need to start packing up your belongings. 
 
In our current Spokane County real estate market, we are still holding strong in a top seller’s market.  This means as a seller we have a very limited supply of homes for sale in our area versus how many ready, able, and willing buyers there are for these homes.  Even though we are going into our winter months here in Spokane, the real estate market is holding strong and homes continue to sel ...

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Wednesday, October 16, 2019   /   by Pamela Glende

What can I do if my house isn’t selling?

Our Spokane real estate market is a strong seller’s market currently. If you’re home isn’t selling there got to be a reason. What could the reasons be?
Price:
If your home is overpriced, then it will sit on the market. You will end up lowering the price time and time again until you lower it to the true market value. The problem with these homes is that you either had a poor evaluation of the home and the realtor told you it would sell for this exorbitant price to get the listing or the listing agent wasn’t upfront with you on what the home was actually worth after you said you thought it was worth much more. It is so important to price your home the 1st time at the true market value or slightly below if your looking for multiple offers. Multiple offers will drive up the price therefore netting you more.
Condition of the home:
There could be something about your that is turning away buyers such as is there an odor? It’s hard to tell if our home smells ...

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Sunday, May 26, 2019   /   by Connie Tracy

My Appraisal Came in Below the Negotiated Price! Now What?

You have been searching for a home for months and finally got an offer accepted and then....the house doesn't appraise for the negotiated price. 


Now what?

TAKE A DEEP BREATH

It can be heart wrenching for the buyer and seller if the deal falls apart because of the appraisal. Low appraisals happen more often than you might think, especially in rising markets. 
Sometimes there are not enough comparable sales applicable to the home you want, or maybe distressed sales have conflicted with the appraisal. 

Generally, lenders will only lend funds up to a certain percentage of the appraised value. If the appraisal is lower than your offer, you may need to come up with more cash.. but there are other options.

1. Look over the appraisal contingency in your contract.

The appraisal contingency clause built into the contract allows you to reevaluate the situation or renegotiate if needed. But sometimes, even with this clause, you may end up spending more or j ...

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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.