Spokane, WA Real Estate News

By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
Spokane, WA Real Estate Statistics March 2018 !We have the latest stats out, through Feb. 2018 year over year.You can see the home values have increased an average of 10% in the past year. Of course, in order to know what that actually means, there are a variety of factors to consider. If you have a question about your specific property value , send me an e mail or give me a call :-) SALES ( number of closings ) are UP dramatically. This means there are most certainly a large amount of competing buyers for every single property listed. With only a 2 month supply of homes, we are WAY down in " inventory " or number of homes for sale. A " healthy " market is a 6 month supply, so buyers are in the wings waiting. In order to compete for a property in the 0-299K range, the buyers must outshi...
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By Jack Tenold, Specializing in Reverse Mortgages
(Jack Tenold LLC)
 Four homes recently sold in my Spokane neighborhood.  Nationally, home sales tumbled in December so I was happy and surprised to see the "SOLD" signs atop the "FOR SALE" signs in my neighborhood.  Each of these homes has been occupied by the same owners for years and years so it looks like the neighborhood is starting to turn.  The sellers are most likely opting for smaller homes, less maintenance and one level.  These well constructed houses were built for growing families, they are priced in the $300,000 range, and have three or more bedrooms.  Nice homes at this price range can be difficult to find in Spokane and elsewhere due to limited inventory.   The new owners will be thrilled with the space they have acquired, the schools and convenient location to shopping, restaurants and se...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
2017 Spokane, WA Real Estate Market in Review (Jan. 2018)It is January 13th, 2018. Reflecting back on the Spokane WA Market, it was an amazing year for me.While there was overall a marked lack of available homes for sale, there were many ready, serious buyers who poised themselves to purchase, so the number of sales actually increased year over year.  There was a point in the Spring where there were nearly 30% fewer homes for sale than the prior year, making it quite the challenge for buyers. Truly, if you are thinking of selling your Spokane area home, 2018 would be a great year to consider this!There are some buyers from this past year who still have not purchased. It will be another competitive year. As a buyer the MOST important thing you can do is be truly pre-approved with a reall...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
The Sept. 2017 Statistics are out for the Spokane Wa Real Estate Market.Since last year at this time, our average home prices have increased over 7%. It is important to note that different price ranges, neighborhoods, and a variety of factors affect specific home values, so getting a personal Market Analysis on your Spokane home is always best.In addition, we had a big inventory " crunch " in the Spring, not nearly enough homes were for sale. That seems to have leveled out now, and that is good for buyers.I have had an amazing year helping people meet their real estate goals of buying and selling homes in the greater Spokane area. Let me know if you have any questions about the Spokane Real Estate Market !BethAnn in Spokane #bethanninspokane
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By Jack Tenold, Specializing in Reverse Mortgages
(Jack Tenold LLC)
Spokane County Gardening Tips (and much more) are available through our local WSU Extension Office.  This link to their site offers lots and lots of good information.  Coming soon is a class on Bulb Planting.  If you are new to planting bulbs in your garden or you just want a refresher before you get started this fall (plus an opportunity to get answers to your questions from a Master Gardener) don't miss this one.  http://extension.wsu.edu/spokane/event/fall-planting-for-spring-success/ Fall Planting for Spring Success9 AM to 1 PM$12  -- Saturday, Sept 23222 N Havana StreetWSU County Extension OfficeCall Anna at 477-2195 to reserve your spot Future class topics include perennials, composting, and pruning. Spokane County Gardening Tips 
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By Jack Tenold, Specializing in Reverse Mortgages
(Jack Tenold LLC)
Frank's Diner Spokane    This isn't just any ol' diner.  This is Frank's Diner located at Second & Walnut west of downtown Spokane. This vintage railway car diner is a favorite for breakfast, lunch or dinner.....especially on weekends.  Don't be fooled by the empty parking lot in the photo below - that is a rare sight.  Eating in a train car is fun and Frank's Diner has been a Spokane landmark for many years. Locals and travelers give Frank's Diner a thumbs up for the classic comfort foods that have made it so popular. Anyone hungry for Turkey Pot Pie, Chicken Fried Steak or Classic Meatloaf?  Check out the menu.   Ahem!  Let's not talk calories here.    Frank's Diner Spokane 
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By Jack Tenold, Specializing in Reverse Mortgages
(Jack Tenold LLC)
Fun Runs in the USA  Now that I have completed 41 Bloomsday runs in Spokane, maybe it is time for me to branch out – earn a different   .I just found a new website (new to me anyway).           www.Runningintheusa.comYou simply plug in the name of a city and the upcoming foot races within 25 miles of your selected locale pop up. Give it a try? Seattle?  Spokane?  San Francisco?  Sacramento?  San Diego?  Coeur d'Alene? The area map with color coded markers shows you all the locations for upcoming  races in and near your city.  You can drill your search down by day of the week, the month, the type (5K, 10K, marathon etc.).  You can even specify a date range. Most runs have trade shows or fairs, vendors, music and such so if you aren’t into running, you may enjoy attending the auxiliary ev...
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By Jack Tenold, Specializing in Reverse Mortgages
(Jack Tenold LLC)
GONZAGA BULLDOGS TO THE FINAL FOUR   A big day tomorrow!   The Inlander and all the area media are keeping fans informed about every detail of Gonzaga basketball.   Phoenix is where it is happening.  A great team and a great coach.   Go Zags!     
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
Spokane WA Real Estate Market March 2017Well I guess " March Madness " is a good way to describe the Market. Not because it is super crazy mad busy, but because there are many buyers ready to buy, and not enough homes for sale! ( see flyer ) . We are down in listings more than ever- 35.1 % less homes on the market than this time last year! That is unprecedented .There is still snow on the ground today... this can physiologically inhibit people from putting their homes on the Market. Many people wait until they have their yards spruced up, and the grass is green. But the truth is that buyers look past that. They understand we have 4 Seasons and that the  yard does not look great 365 days a year.  Also, people may not be listing because they have been hearing of the lack of inventory, and...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
New Construction Neighborhoods/Homes in Spokane WA are under serious demand at this time. Partially because there are not enough existing homes on the market, and also because we have such great new construction neighborhoods and builders. Buying a brand new home is very exciting, but it is not for everyone.  The process can be long, and you have to have patience. Builders can experience delays and that makes it hard on anxious home buyers. Financing a new home is something you should speak to your lender about in detail. Once you make an initial earnest money deposit, you have additional non refundable deposits in most cases, for upgrades you choose, so you have to be certain you have your finances accounted for. Many things during the current market, are not negotiable when building n...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
WOW. All  I can say is, buyers are buying, even though they have 25% less choices ( listed homes for sale ) than last year at this time. This truly speaks to the increase in numbers of serious buyers, and the fact that sellers have an advantage because there are not enough homes for sale in the Spokane area! My year has been steady, and I am so thankful to have such amazing clients and such a great pool of lenders, title companies and closers to help make selling a home in Spokane WA a good experience. Although the number of people buying a home in Spokane has obviously increased the past year, historically interest rates are still great, and even though it was an election year, people still have great confidence in the dream of home ownership.In comparing November 2016 to November 2015...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
Christmas in Spokane WA is a magical experience. Having grown up here and spent all my Christmas mornings here ( that is a lot :) I can honestly say, " There's no place like Spokane !" We usually have a White Christmas, which generally looks like something out of a Norman Rockwell painting. Here are just a few of our favorite things to do over the Holidays in Spokane WA !1) Manito Park Greenhouse Light Show! Enchanting, FREE, Must see!When:Friday, December 9, through Sunday, December 18. Open daily Noon to 7:30 P.M.Where:Gaiser Conservatory at Manito Park2) Christmas Tree Elegance ! Nov. 22- Dec. 9th Trees dispalyed at the Historic Davenport Hotel and River Park Square (mall downtown ) . You can't begin to imagine how beautiful and amazing these trees are! Buy raffle tickets for 1$ each...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
 Spokane Real Estate Market Forecast 2017 !Well, if the truth be told, I cannot predict what 2017 will bring for the Spokane Real Estate Market or anything else for that matter - But, after 13 years of experience, I have a gut feeling.2016 brought a record number of " sales/transactions " over al l- however, we had a noticeable lack of sellers/listings when compared to the year before. This is curious. Here is something you may not know: In general, historically -about 50% of homes listed for sale in Spokane WA.  NEVER SELL. WHAT???  So why isn't there enough homes for sale in Spokane ?  You see, what happens when someone puts their home on the market can be a series of unknowns, lack of prep- and in some cases, foo-pahs. Here are the reasons a home will/do not sell:1) The seller does n...
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By Scott May, CRS., REALTOR Coldwell Banker Bullard Newnan GA
(Coldwell Banker Bullard Newnan, Peachtree City, Atlanta Metro)
So what?  Why do I care if you tour new listings or not?   Good question. Well, if you are a seller, you have an incredible advantage when you list your house with a company or office where the agents actually go out and physically walk through the newly listed home.  Most of these agents who tour are the top producers and most active in the office and the area at large. This means that your home automatically gets more exposure to agents with active buyers right off the bat.  Moreover, These agents fill out response cards to help the seller get a clear idea of what things may or may not need to be touched up in order to help the house sell quicker and for more.  Do all agents go on tour?  No,  only the most active from what I have discerned.  Do all offices tour new listings?  No, not ...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
Spokane WA Made the 2016 list for best places to retire! Time magazine came out with a list of " The 18 best places to retire " and Spokane WA made that short list. I have personally helped dozens of people retiring in Spokane WA to find a nice place to call home. You can read the article here in the Ultimate Guide To Retirement section:http://time.com/money/4538894/best-places-retire-2016/I had to laugh at the " downside " mentioned being that Spokane can feel somewhat remote. I guess that is all depending on where you have lived. We have a thriving community in every way, leading the way with the biggest roadrace in the country ( Bloomsday ) the largest outdoor BB tourney ( Hoopfest ) the most amazing eateries, numerous medical centers and hospitals, 3 Universities, amazing outdoor ac...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
" When Winter Comes Again " an original song by Yours truly...I wanted to share with you a song I wrote a few years back after a very difficult season of loss, illness and hardship in my life.I was inspired to tell a bit of my story by the crisp morning air early this morning when I opened the door to let the dogs out and get the newspaper.  It hit me like a brisk slap in the face... here she comes again... Winter. It's ironic , as a lifelong resident of Spokane WA. for some reason I have come full circle when it comes to my attitude about Winter in the great Northwest. Love, Hate, Like.  As a child, I loved Winter and making snowmen, Christmas decor and the magic of seeing your own breath when you talk. And somewhere along the line I began to despise the cold, snow and ice- other than ...
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By Scott May, CRS., REALTOR Coldwell Banker Bullard Newnan GA
(Coldwell Banker Bullard Newnan, Peachtree City, Atlanta Metro)
I believe so strongly in the future success of the Emerson-Garfield Neighborhood that I bought a home in the area investing in the improvements that have been planned and are on the way.  Already homeowners are making improvements and the commercial district along North Monroe is showing signs of what I might call "foundational" investment in what looks to be a beautiful revitalization that's been a long time in the making. For those who may not be aware, the city has approved plans to redesign North Monroe from Indiana to the North Hill. North Monroe Improvement Project Plans include removing one lane in each direction, widening sidewalks, improving lighting, crosswalks, building medians, adding trees and landscaping, widening parking, driving and turning areas and just overall making ...
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By Gary Lirette, Business & Investing in the Inland Northwest
If you own a business in the Inland Northwest, you need to go this Samsung Trade Show, October 6th, at the Davenport Grand. Lots of giveaways, including free food and drink, tablets, gear watch, Samsung Wide Screen TV.  Call 208-610-1384 for more info.   To reserve a personal tour, message us at info@FortressBusinessSystems.com          
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
I was truly moved when I learned more about the partnership RE/MAX has with Children's Miracle Network.  One of the most important things is that every dollar donated stays in local communities.For me, this mean each dollar donated from my transactions goes to Sacred Heart Children's Hospital in Spokane WA. As a " Miracle Agent " I will be placing a sign rider on each of my listings to help draw attention to this worthy cause.   As stated by RE/MAX  on our official site : "Giving back is a priority in the RE/MAX culture. All over the world, RE/MAX agents make a difference in their communities - volunteering, donating money, contributing time and ultimately changing lives." Making miracles happenSince 1992, RE/MAX agents have donated more than $147 million to Children’s Miracle Network H...
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By BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate
(RE/MAX of Spokane)
Why FALL is an optimal time to sell your Spokane Home!Why IS Fall an optimal time to sell your home in Spokane WA ?If you look at the statistics of Spokane Home Sales, you will see they peak in the late Spring, and then again in the Fall.  While the Spring homes sales in Spokane WA might be more in numbers, there are a significant number of transactions that occur between Labor Day and Thanksgiving. People love to get " settled before the Holidays " . Each Season in Spokane brings it's own reason to buy and sell. There is something truly magical about the Autumn in the Northwest. Buyers are a bit less frantic than in the Spring time rush. Sellers can create a cozy Fall theme in their staging accents which bring about a true feeling of warmth and domestic peace with Autumn accents, drawi...
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