Spokane Realtor - Rick Callaham

Hello Everyone,

Here are the numbers:

4664 - Active homes for Sale

709 - Pending Homes (Homes with Offers)

15% pending

6.6 - Months of Inventory

$206,044 - Average Sold Price

149 - Days on Market average

So what does this mean? Well compared to this time last year, inventory is up 1%, but pendings are down .4%. This big change is the average sold price is up 5.% and the overal sold number is down 30% from where the 6 month sold inventory was at this time last year. Market time is up by 26 days. So homes are taking about another month to sell and even though last summer more homes sold. The prices and pending trend is good. It is a good time to buy with low interest rates, but selling is good too if you hire the right agent.

If you are looking to start shopping for a home, call us and find out about our "Smart Home Shopper" Program, it's free and can save you thousands in your next home purchase. Call for more details 509-362-1966

Hello Everyone,

Spokane temperatures are getting down there, but the Spokane Real Estate Market is heating up. I expect us to hav a pretty good winter in homes sales. Though winter time is generally a slower time for real estate, the market has more homes for sale now than it has in the last 4 years so even with people taking homes off the market, many are leaving them on.

This means more homes to choose from for those winter shoppers. With interest rates low but expected to rise next year, and with the extended buyer tax credit, this is a great time to buy. Swoop up the deals while others are staying home. Get the jump on the winter inventory and see homes online before going out by signing up for our free Spokane home shopping tool. It's free and only takes moments to sign up. Just visit our Spokane Home Buyers main page and watch the short 1 minute video to learn more and sign up beneath.

If you are thinking of buying a home in Spokane this Winter, Call Us and let us work hard for you to make sure you get the most out of your home shopping experiance. 509-362-1966

Spokane Real Estate Expert - Rick Callaham

Hello Everyone,

Have you ever toured a home that looked better online than it did in person? Have you ever found yourself looking for the room in the photo only to realize that it was shot with a bubble lens and what you thought was the closet is actually the bedroom.

In a attempt to make the homes sell some agents go too far by stretching the photos or using wide angle fish eye lenses. These distort the photo and make the room look bigger than it is. This can be very frustrating to home shoppers because they spent their time coming out to see a home that was misrepresented.

The way to avoid this is to look at the corners of the photo and see if there is any distortion, or if the photo is a thin rectangle instead of a more squared rectangle. This might indicate the photo has been altered. Estimate the size of the room to be much smaller in person.

The opposite can also be true, bad cameras and bad angles can make a place look smal or not appealing and sometimes you get out there and the place is huge and well lit. Try and rely on the text slightly more than photos espaccially if the photos have been doctored.

Just another tip from the TQ Real Estate Experts to save you time and money. If you are going to buy or sall a home or know womeone who is, call us 362-1966 and let us help you get the most out of your home buying experience. or visit our Spokane Real Estate Website

Spokane Realty Experts - Team Quintana

Hello Everyone,

This question doesn't come up enough. Many people are buying new or newer homes and the question is should you get a home inspection or is it a waste of money. Well, it used to be when we used only Spokane forms that you have to have an inspector come out and look at the home and you could ask for items that were in the report as deficient. The reason this mattered was if they agreed to do the work you couldn't get out of the deal, but in the new forms you can get out subject to your satisfaction, whether you had your uncle look at it or a professional.

So having an inspection can give you an out of the deal. (consult a Professional for your specific situation) That aside, most people think the home is new why would I need an inspection, but an inspection can find a multitude of problems even in new homes. I also find it is a good tool to get to know your home. Most inspections cover both defects and suggestions for upgrades and maintenance that is very valuable for the new home owner. It is kind fo a getting to know you book for your home.

My suggestion is to have a home inspection on any home you are buying. Though some new homes may warranty their work, you may not find out about defects to be able to use those warranties. Better safe than sorry in most cases. It is a small investment for a large investment.

If you are thinking of buying a home in Spokane call us, we would love to help you find the perfect one and make sure it gets to closing safely. Call Us at 362-1966 or visit our Spokane Real Estate Website

Hello Everyone,

Home Buyers in Spokane Washington have a great opportunity with the First Time Home Buyer Tax Credit, but that isn't the only opportunity out there. With inventories higher than they have been in years, now is a good time to buy a home in Spokane Washington.

Winter draws near and it is a great time to start shopping. The internet can save you time and money from driving around and when you find an interesting home, call us, we ould love to show the home to you and help you understand the things to look for in your first home.

Buying a home can seem scary, but we are experts at helping first time home buyers in Spokane and will show you everything you need to get started looking. We have some great tools that will help educate you on the process and also help you see the best homes first. Call us to learn more. Getting a good realtor isn't jsut free for you, but it is the first step in the home owning process. Call us today 362-1966 or visit our Spokane Home Buyer Section of our Website for more information.