There were 326 closed sales in March – an increase of over 68% over February.  The upswing in sales landed us only 241 transactions shy of first quarter 2008.  The average sale price is the same as it was this time last year, but inventory has been lower than the previous month a year ago for the past four months.

Lower inventory will mean prices will begin to firm as inventory nears demand of the buyers.  So long as we can keep a deman in the Spokane Market, we’ll maintain a relativley stable Real Estate Market into the future.

Time will tell.

Tags: Spokane Real Estate by Spokane Home Guy (509) 990-7653
Comments

Well, I’m not officially on the Iphone bandwagon (since IPhones have yet to offer an application to open my lockboxes), but I like to stay current on tools for buyers so that I can maximize the exposure on the homes I list.

This application caught my eye.

It allows users driving through a neighborhood to see what homes are for sale around them, check on transaction history and pull up instant comps.  How is that for convenient?  Agent info should be right there with the listing and you can call or email from there.

I’ve been waiting for a GPS driven real estate search tool.  Now when people drive through areas, listings can literally jump out at them through the Iphone app.  Wouldn’t it be cool if everytime you drove by a house that matched your critera an alert sounded?

Check out this demo video below:

Tags: New Ideas by Spokane Home Guy (509) 990-7653
Comments

Lots of sold signs up out there, check out this upbeat article from KXLY

Click Here.

Tags: In The News by Spokane Home Guy (509) 990-7653
Comments