Ingo Winzer of Local Market Monitor has performed real estate analysis for more than 20 years and his predictions are, in my experience, better than those of financial media. In 2005, he warned that many housing markets were dangerously over-priced. Read more…
Tag: Spokane
A recent report from Redfin states that bidding wars have returned in several crucial housing markets, which is a positive sign for home sellers. Despite the deep decline in homebuyer numbers in November, mortgage rates have come down to just Read more…
We are in unprecedented times due to the Coronavirus. People are leaving large, crowded, urban areas for lower density areas like in Wyoming, South Dakota, Idaho, etc. Companies are currently letting people work remotely due to the virus. Fear of Read more…
Zillow says home values in Spokane have increased by 11.4% over the past year. Apartment rents are up 4.3% from last year. Some investors mistakenly assume that past performance is an indication of what to expect in the future. While Read more…
The following article makes some real estate predictions for 2020 for Spokane. https://www.spokesman.com/stories/2020/may/31/will-the-spokane-housing-market-weather-the-storm-/ Nationwide, COVID-19 has affected housing markets due to economic uncertainty. In Spokane, more contracts are failing to close. Some buyers have lost their jobs, and lenders are Read more…