Todd Hays Spokane Real Estate Blog

  When you are discussing home loans there is a difference between interest rate and APR. The interest rate on a home loan is the amount of interest you pay on the principal expressed as percent per year. Hold on, now that sounds like annual percentage rate. No, annual percentage rate, or APR is...

The millennials are the newest generation to reach adulthood and many of them look at the American Dream quite differently than generations before them. Being a real estate agent, when I meet people, the conversation is often about real estate. I have had conversations with young professionals wh...

FHA Home Loans are a great loan program for first time home buyers and home buyers with lower credit scores. FHA Home loans have a minimum credit score of 620 and only require a 3.5% down payment. Most banks and mortgage brokers offer FHA loans and they are backed by the US Government Department ...

Most every MLS gives their users market statistics each month. Statistics on average closed sale price and median closed sale price are great for telling us where the market has been. When you graph the data and study the trends, you can sometimes even predict where the market is going to go. To ...

This past decade we have seen a market of extremes. Due to the irresponsible lending practices in the beginning of the century, home buyers were overextending themselves and home values became artificially high. Inevitably the bubble burst and the market was flooded with overpriced homes that did...