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!

 

JANUARY 2021

MONTHLY HOME SALES REPORT

SALES UP 3.5%

Closed sales of single family homes on less than one acre including condos for January 2021 total 447 compared to January 2020 when the total was 432.

AVERAGE PRICE UP 21.5%

The average closed price for January 2021 was $347,475 compared to January 2020 when the average price was $285,887.*

MEDIAN PRICE UP 15.2%

The median closed price for January 2021 was $315,000 compared to January 2020 when the median price was $273,418*

*NOTE: Does not represent home values. 

INVENTORY DOWN

Inventory as of this report totaled 164 properties which represents slightly more than a 10 day supply. Last year at this time supply was at a 1 month supply.

DISTRESSED SALES HOLD STEADY

Sales of Distressed homes accounted for .009% of sales in January 2021 compared to .007% in January 2020. 

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