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!

 

AUGUST 2019

MONTHLY HOME SALES REPORT

SALES DOWN 5%

Closed sales of single family homes on less than one acre including condos for August 2019 total 869 compared to August 2018 when the total was 915.

AVERAGE PRICE UP 11.4%

The average closed price for August 2019 was $288,256 compared to August 2018 when the median price was $258,826.*

MEDIAN PRICE UP 14.9%

The median closed price for August 2019 was $267,000 compared to August 2018 when the median price was $245,000.*

*NOTE: Does not represent home values. 

INVENTORY DOWN (NEW SYSTEM)

Current Inventory, as of this report totals 961 properties which represents a 1.1 months supply.

*NOTE 1: Beginning with this report inventory does not include CTG-Inspection. 

*NOTE 2: Using the old method inventory is up 6.8% as of this report (1,559 compared to 1, 460 last year at this time).

DISTRESSED SALES DOWN

Sales of distressed homes accounted for 1% of sales in August 2019 compared to 1.7% in August 2018.

 

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 | 2019 | Site Created by Erin Jellison