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!

 

DECEMBER 2019

MONTHLY HOME SALES REPORT

SALES UP 8.8%

Closed sales of single family homes on less than one acre including condos for December 2019 total 654 compared to December 2018 when the total was 601.

AVERAGE PRICE UP 19.2%

The average closed price for December 2019 was $288,794 compared to December 2018 when the average price was $242,335.*

MEDIAN PRICE UP 15.5%

The median closed price for December 2019 was $257,000 compared to December 2018 when the median price was $222,500.*

*NOTE: Does not represent home values. 

INVENTORY DOWN (NEW SYSTEM)

Current Inventory, as of this report totals 596 properties which represents a .9 month supply.

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

*NOTE 2: Using the old method inventory is up 17.3% as of this report (936 compared to 798 last year at this time).

DISTRESSED SALES DOWN

Sales of distressed homes accounted for less than 2.3% of sales in December 2019 compared to 2.2% in December 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 | 2020