THE HOME BUYING PROCESS

RELAX! IT'S AS EASY AS...

1

CHOOSE A SPECIALIST TO REPRESENT YOU.

2

GET PRE-QUALIFIED WITH YOUR LENDER.

3

UNDERSTAND THE CURRENT MARKET.

4

DETERMINE YOUR WANTS AND NEEDS.

5

SEARCH THE MARKET AND SELECT A HOME.

6

NEGOTIATE PURCHASE AND SALE AGREEMENT.

7

OPEN ESCROW, INSPECT AND APPRAISE.

8

RECEIVE YOUR LOAN APPROVAL. 

9

FIINALIZE CLOSING AND FUNDING.

10

CELEBRATE YOUR NEW HOME!

CONGRATULATIONS!

NEED A LENDER?

 

I'M HAPPY TO RECOMMEND ONE!

FIRST MEETING LENDER CHECKLIST

 

PAY STUBS FROM THE LAST 30 DAYS

W-2 FORMS AND TAX RETURNS FROM THE LAST 2 YEARS

BANK STATEMENTS FOR ALL ACCOUNTS FROM THE LAST 2 MONTHS

30 MINUTES TO COMPLETE THE APPLICATION

FOLLOW THESE ELEVEN RULES WHEN APPLYING FOR A REAL ESTATE LOAN!

 

MARCH 2020

MONTHLY HOME SALES REPORT

SALES UP 19.4%

Closed sales of single family homes on less than one acre including condos for March 2020 total 559 compared to March 2019 when the total was 468.

AVERAGE PRICE UP 14.3%

The average closed price for March 2020 was $308,012 compared to March 2019 when the average price was $269,444.*

MEDIAN PRICE UP 18.1%

The median closed price for March 2020 was $289,900 compared to March 2019 when the median price was $245,400.*

*NOTE: Does not represent home values. 

INVENTORY UP

Inventory as of this report totals 592 properties which represents a 1.1 month supply. Using the old method, inventory totals 993 properties, a 1.8 months supply.

*NOTE: Months supply based on closed sales for March.

DISTRESSED SALES DOWN

Sales of distressed homes accounted for less than .007% of sales in March 2020 compared to 3.6% in March 2019.

 

Information comes from the SAR's Monthly Activity Report which looks at single family residential/site built properties on less that one acre and condominiums.

 "WE LOVE OUR NEW HOME AND WITH JASON, OUR FIRST HOME PURCHASE WAS SO SIMPLE!"

JESSICA C

Jason is a very professional and courteous realtor. He understands the fears and hesitations around looking at homes. He will answer your questions thoroughly, while patiently allowing you space to look over your options and think things over. If you are looking for a realtor, talk to Jason for 5  minutes and see for yourself. We love our new home and with Jason, our first home purchase was so simple.

HOME SWEET HOME!

© Greater Spokane Homes | 2020