Spokane Real Estate Overview…
I’m in receipt of the current market overview for Spokane and I’m liking what I’m seeing. As of 1/14/08 – sellers are getting 96.3% of asking price on average. Depending on the price range this can vary from a low of 89% in the $70,000 and below range to nearing 100% in the higher price ranges.... Read More
Baghdad Iraq is experiencing what the U.S. did several years ago – a Real Estate boom. According to several articles, the boom is being driven by decreased violence (no not zero violence – just decreased). Bidding wars and high prices are not uncommon. And prices are rising. A 750 square foot home is said to... Read More
Bored? Here's some more for the 'Honey-do' list.
Looking for easy weekend projects to work on around your home? A recent article on RIS Media detailed 10 high impact activities that homeowners can easily do around their homes to help quality of life and real estate values. Click Here. Read More
Selling Short? Here's some relief.
A bill was passed recently providing some relief for families and individuals affected by the recent surge of looming foreclosures. When people sell their houses short (i.e. sell their home for less than they owe on it with permission from the bank causing the bank to “forgive” thousands or tens of thousands of dollars to... Read More
Foreclosures up in '07…
According to a recent article in the Spokane Journal of Business foreclosures were up by as much as 12% over previous years. The article goes on to mention that the numbers aren’t alarming, nor are they expected to reach foreclosure levels seen in other parts of the country. Spokane has continued to grow economically with over... Read More
Live INSIDE the Box
A new “Inside the Box” idea is turning old shipping containers into “Future Shacks” inexpensive completely recycled homes. Some using it for mainstream new housing and others are using them for disaster relief. Either way the style and construction of these shipping boxes make them easily shipped anywhere around the globe with relative ease and... Read More
Seller Financing, What should you know?
I read an interesting article today detailing the pros and cons owner financing. While there may be no other option for some properties or situations, sellers and buyers should both know what they’re getting into and the responsibilities required to make it all happen. The article advises the seller to think like a bank and... Read More
Good News For Sellers
Spokane Association of Realtors published 10.9% over last year from $206,667 from $186,333. The median price is up 8.1%. Read More
Flipping Homes and Seasoning.
As flipping homes becomes more and more popular (following the onset of several hit telivsion shows – “Flip This House” and “Designed To Sell”) there has been growing concerns for the legality of this practices. In reality – flipping properties has gone on since real property existed. In recent years – illegal flipping schemes have... Read More
What to look for in a Rental Home…
I get this question alot. “I want to find a good rental home, can you help me.” To tell you the truth this is only a piece of the information a REALTOR needs to find you your perfect property. There are a lot of factors involved when buying a rental property and many of them... Read More