One of the biggest questions people have about real estate is when’s the right time to sell? There are many deciding factors that go into the timing of selling a home, ranging from financial, practical, and personal needs. If you’re in the position to sell now and just aren’t sure if the market conditions are right, there are a few important indicators you can look for.
Here are the top three things to look for in the local Spokane market to know when it’s the right time to sell:
#1 Low Inventory Market Conditions
In the simplest terms, “low inventory” in real estate refers to the number of homes that are currently for sale; these homes are the available “inventory.” A low inventory market, like what we’re seeing in Spokane and surrounding areas right now, is great for sellers.
When you sell your home in a low inventory market, you have a couple of competitive advantages working in your favor. First and foremost, there is simply less competition from other sellers, as there are fewer homes on the market in general. If the number of buyers remains higher than the number of homes on the market, each buyer is likely to look at a higher percentage of all homes currently listed for sale. This is math-speak for saying that the odds of your home getting a showing with a buyer are better during a low inventory market like what we are seeing now.
And you not only have better odds of getting any one buyer through your door, but you also are likely to have a higher percentage of all total buyers scheduling a viewing. This means that you’re getting a bigger slice of the buyer pie seeing your home online and in person than you would have had in a high inventory market.
The more buyers you can get your home in front of, the better your odds of receiving an offer. But it’s important to remember that just because inventory is low and buyers have fewer options doesn’t mean this a good time to skim on preparing and presenting your home for sale. Holistic and professional home preparation paired with a thoughtful digital listing strategy is always the best plan of attack when selling, in any market.
#2 Highly Motivated Buyers
Interest rates are complicated and can affect the real estate market in diverse ways, but in general, when interest rates are low, buyers become much more serious. Currently, interest rates are low and have recently dropped by almost a whole percentage point, and buyers are eager to take advantage of this money saving opportunity. From a buyer’s perspective, having the ability to save on mortgage interest is a strong motivating factor. And if/when interest rates do go up, this can significantly diminish the buying power for many buyers, which puts additional pressure on serious buyers to buy now.
Highly motivated buyers are good for sellers in general, as they tend to come with fewer demands. In real estate terms, it’s possible that highly motivated buyers will ask for fewer concessions, and will present more competitive offers. With more buyers than homes for sale, you also have the potential to end up in a “multiple offer” situation, allowing you to select the best offer.
When the market produces more serious, motivated buyers, sellers also benefit in purely practical terms, too. When inventory is high, sellers tend to see more “looky-loos” who just want to see the inside of the house with little-to-no actual intent to buy. This can be a nuisance and a waste of time and energy for sellers. Getting your home in front of motivated buyers is one of the biggest challenges in selling your home, which is why the current low-inventory market makes this such a smart and convenient time to sell.
#3 Prices are Going Up
Rising prices are always a great indicator of a good time to sell. Currently, the market is shifting to a full-on seller’s market. In a seller’s market, we tend to see prices going up as there is a shortage of homes for sale and plenty of active buyers. From a seller’s perspective, high buyer demand and low inventory competition creates a favorable environment.
Sellers will want to take advantage of these increasing home prices sooner rather than later. Finding a real estate agent, preparing your home, and listing it are all tasks that should be started now in order to hit the seller’s market in full swing.
In addition to housing prices on the rise in Spokane, the low inventory conditions also means that sellers have more leverage when negotiating against concessions. It’s important to work with a knowledgeable and experienced real estate team that can advise you on what listing prices and concessions make sense in the current local market.
Buying a Home With The Real Estate Agent Spokane Team
The best way to sell a home in Spokane is to work with a real estate team who understands the local market and the listing and negotiations process. The Real Estate Agent Spokane Team is dedicated to informing and guiding sellers so they get the best offer on their home. We’d love to connect and discuss how we can help you list and present your home, from the initial consultation all the way through closing and purchasing a new home.
Carrie Meyer, Team Leader, delivers superior client care to those looking to buy or sell real estate. Our team works to educate and empower our clients through one of the biggest transactions of their lives by bringing a structured, process-driven methodology to bring consistency and clarity to a real estate transaction.
How to Take Advantage of a Hot Rental Market & More
It is age-old adage that owning real estate is the best way to build wealth, and that can certainly be true – especially if you’re investing in real estate outside of your primary residence. And while real estate in general is a good investment, rental properties in Spokane are doing especially well – Spokane is currently enjoying less than a 1% vacancy rate. While this fluctuates from year to year is has remained less than 3% over the last 4 years. But investing in real estate certainly isn’t without its risks, which is why it is so important to do your research and work with a real estate agent who has your best interests at heart.
When you’re thinking about buying your first investment property, you’ll want to define your goal with the purchase. Are you looking for a one time, lump sum payout? Or would you rather use the investment to generate an ongoing stream of income? Both options have pros and cons, depending on your experience, available cash reserves, and long term goals.
Before you buy your first investment property, make sure you understand these four investment basics:
#1 The Pros and Cons of Flipping a Home
With the popularity of DIY and HGTV tv shows and YouTube channels, it’s no surprise there’s so much interest in buying and flipping homes. Flipping a house is a form of appreciation investing, which means that the property appreciates, or increases, in value during the time that you own it. This can be an incredible way to turn a profit, but it can also come with tremendous risks if you don’t enter into the situation well informed and well prepared. When flipping houses in Spokane, we usually see people do it one of three main ways.
The first and simplest way to flip a house is to buy a home that is in structurally and architecturally good shape, but looks outdated. In this case, the work that needs to be done in order to “flip” and resell the home is a simple modernization. For example, a home with shag carpet and green floral wallpaper can be completely remade by simply replacing the carpet (and maybe upgrading to pergo or hardwood floors), repainting the interior using a modern, neutral color, and installing new or stainless steel appliances. The reason that the resale price can be worth the effort is that while the home’s value might not increase exponentially, it’s perceived value does. That’s because many people can’t envision the final product or don’t want to put in the effort. This is a fairly low risk, low reward way to flip a house, and can be a great place to start.
Second, you can buy a house that’s listed very cheaply because it needs a lot of work and do a full-scale remodel. This is a great option when a home (or piece of property) has a lot of unrecognized potential. Common remodels are updated kitchens and bathrooms, knocking out walls to create more open/modern floor plans, or adding a garage. There is a much higher return on investment possible with this type of flip, but also greater risk involved. When you begin construction on a home, it’s possible to discover unknown problems like mold or structural insufficiencies. It’s also possible to create problems that wouldn’t have existed otherwise (moving a pipe or wire that is no longer up to code, or being unable to complete a project as budgeted because of an unforeseen architectural nuance). Although it certainly isn’t a requirement, it is helpful to have experience with remodeling or construction with this type of flip. When done properly, renovating and flipping a house can be rewarding and lucrative.
Finally, there are instances in which it might make sense to purchase a property and sit on it for a year or two before selling, possibly even renting it during this time. This would be the case in neighborhoods that are gentrifying or where there is otherwise reason to believe the land or house will be worth more money in the near future. This is a speculation based form of appreciation investing. For example, There is speculation that real estate will increase in value due to the opening of the new Amazon warehouse in The West Plains. The same speculation is common near universities like Gonzaga and Whitworth. Speculation investments can be risky, because your speculation could be wrong, causing you to break even or even lose money. But if your speculation is correct, your property could appreciate significantly in a few short years, allow you to sell it at a profit with few to no repairs or updates.
All three methods of flipping homes come with risk and reward. Working with a realtor and a lender who are experienced in investment real estate is mission critical for new investors. Let your realtor know that you plan on flipping the house before you begin your home search so they can guide and direct you appropriately.
#2 The Pros and Cons of Buying Rental Properties
If you’re looking for a long term income stream from your real estate purchase, then you might want to look at purchasing a rental property. This is known as a cash flow investment. When you buy a home to rent it out, you have the potential to earn additional income on a monthly basis for years or decades to come. Rental prices are frequently higher than mortgage prices, so the profit from a consistently rented property can be significant over time. Purchasing rental property can also come with risk because you are responsible for the mortgage even if you don’t have a renter, so be certain you can afford to carry both payments for several months, if need be. It is often in your best interest to use a property management company to liaise between yourself and the renters, so budget for them to take a small percentage of the monthly income, as well.
There are two common types of residential rental properties in Spokane: single occupancy homes and multi-family properties. Single occupancy homes are a great starting place for first time investors. Condos, townhouses, and individual homes are commonly purchased as rental properties within the single occupancy home category. The great thing about purchasing a single occupancy home as an investment, is that when compared to multi-family properties, they generally require a much less significant financial investment.
If you’re thinking about buying one of these property types as a rental investment, be mindful of the area you are looking in – some neighborhoods and areas support higher densities of renters than others. Look to your real estate agent to guide you.
The other option for purchasing rental properties is to buy what is known as a multi-family property. Common types of multifamily properties in Spokane are duplexes, quadplexes, and apartment complexes. Purchasing multi-family properties requires a bigger financial investment, but can yield bigger returns. Another benefit to multi-family properties is that they can potentially weather vacancies easier than a single occupancy home, as the rental income from the other units can help mitigate the loss of any single unit. There are a wide assortment of multi-family properties currently for sale in Spokane. First time home buyers can purchase up to a 4-plex and live in one of the units, and rent out the other units and use this income toward qualification.
If you’re thinking about investing in a larger rental property of this type, work with an experienced real estate professional who understands the ins and outs of these types of transactions in Spokane.
#3 Funding Investment Properties
Obtaining a mortgage on an investment property is a little different than it is for a primary residence (the home you live in). If you’re thinking about taking out a traditional mortgage loan, you should know that mortgage insurance won’t cover an investment property, which means you’ll need to put at least 20% of the purchase price as a down payment. You will want to maximize your return on investment by keeping your interest rate as low as possible. Two great ways to do that are to offer a higher down payment percentage, like 25%, and to shop for rates at independent mortgage brokers rather than at big banks.
If you are selling one investment property in order to purchase another, make sure you work with a financial adviser to see if you qualify for a 1031 tax-deferred exchange. This type of exchange for like-kind property sales and purchases can have significant tax benefits when executed properly, so be sure to inform your real estate agent if you are completing an exchange purchase.
#4 Choose the Right Realtor
Choosing a qualified real estate agent is always important, but it is especially important when purchasing homes to flip or rent out. Carrie Meyer, leader of the Real Estate Agent Spokane Team, specializes in investment transactions and has 30 years of experience as a Certified Legal Assistant (paralegal). This background makes her an expert at reading, writing, and negotiating contracts – a critical skill in the investment real estate world. Carrie is a licensed Realtor with the National Association of Realtors and sitting board member of both the Spokane Association of Realtors Grievance and Technology Committees.
If you’re looking at buying investment property in Spokane, we’d love to learn a little more about your investing experience and goals. Whether this is your first foray into investing or you’re a seasoned property owner, we can help you find what you’re looking for. Contact Carrie today to set up a custom search for investment properties for sale in Spokane.
Straddling the Spokane River bluff, the Audubon-Downriver neighborhood is one of Spokane’s hottest neighborhoods. Bisected by Northwest Blvd., Audubon-Downriver is close to everything. This neighborhood has been affectionately dubbed the “poor man’s South Hill” – a reference to Audubon-Downriver’s walkability, hipster feel, and affordable price points.
But the Audubon-Downriver neighborhood isn’t just a cheap knockoff of somewhere better. The neighborhood’s namesake, Audubon Park, is one of the best in all of Spokane, no matter the season. And the uncommon combination of walkability and affordability makes Audubon-Downriver one of the most desirable neighborhoods to be in right now.
Here are are four of the best things about the Audubon-Downriver neighborhood:
#1 The Unique Style and Personality
Architecturally, Audubon-Downriver is fairly diverse, but the majority of homes can be described as being of the English Cottage style. Red brick is common and gives the neighborhood a distinct flare that sets it apart from the surrounding areas. Many homes are set back off the street and have stairs leading up to the front porch and doorway, lending the homes a sense of privacy while adding a charming touch.
The majority of the Audubon-Downriver neighborhood was constructed in the 1920s, making it one of the older neighborhoods in town. Rather than feeling old, though, Audubon-Downriver feels established. There are old growth trees lining the streets on both sides all throughout – in fact, these trees are one of the biggest visual giveaways that you’ve entered the neighborhood. With homes set back off the sidewalk and tree-lined streets, Audubon-Downriver really is one of the best neighborhoods for strolling with loved ones.
#2 The Park
If you’re looking for a little more to do outside, be sure to keep strolling until you hit the neighborhood’s namesake, Audubon Park. With 27 acres of pine trees, splash pads, playgrounds, basketball courts and ball fields, this neighborhood park is nothing to sneeze at. Audubon Park is adjacent to Finch Elementary, making it a great destination for parents with young kids who are looking for a smaller, fenced off portion of the playground while older kids and adults enjoy the courts and fields.
In the winter, the rolling hills in Audubon Park are perfect for snow sledding. In the summer, the park serves as a meeting place for parties, events, and festivals. One of the big draws to the park is the open air concerts hosted by Spokane’s Northwest Neighborhood Council during the summer months. Whatever your family is looking to do in any season, you’re bound to find it in the park.
#3 The Walkability
One of Audubon-Downriver’s best features is its walkability. Not only can residents walk to the park and the local schools, but because the neighborhood is bisected by Northwest Blvd., there are dozens of restaurants and bars right in the center of the neighborhood. The Flying Goat is a neighborhood favorite, but you’ll also find amazing brunch options at the Downriver Grill and healthy fares at the 5 star-rated Ephata Cafe. Cascadia Public House and Elliott’s Urban Kitchen serve up delicious American gastropub options for those looking to try out modern American tastes.
But Audubon-Downriver doesn’t just have great restaurants and bars. The neighborhood has just about every type of store or shop within walking distance, including a hardware store! The only thing the neighborhood lacks in walkability is a grocery store, but there are several within short driving distance.
#4 The Prices
Audubon-Downriver boasts the same vibe and culture as the South Hill, but home prices run an average of $100,000 cheaper. Many 3 bedroom, 2 bathroom homes in the neighborhood run in the $200,000 – $250,000 price range, with large front yards.
For those interested in investment real estate, the Audubon-Downriver neighborhood is a great investment. College students are attracted to the area for its walkability and nightlife, and the demand for rentals is high, while purchase prices are low.
Looking to Buy a Home in Audubon-Downriver?
Real estate in Audubon-Downriver is highly sought-after, which is why the Real Estate Agent Spokane Team recommend setting up a search early on. Even if you’re just considering the area amongst others, an MLS search can give you an accurate and timely idea of what’s available and for what price. I specialize in helping people relocate to Spokane, and Audubon-Downriver is one of the most popular neighborhoods my clients move to.
If you’re looking at moving to Audubon-Downriver or anywhere else in Spokane, we’d love to learn a little more about your move and help you find the perfect space. Whether you’re looking to upgrade, relocate, or downsize (or all three!), we can help you find what you’re looking for. Contact me today to set up a custom search and learn more about how you can find and buy a house even while still living out of state.
…And what makes it such a cool neighborhood!
Browne’s Addition is one of my favorite neighborhoods in Spokane, and it’s easy to see why. The neighborhood has a rich and diverse history, a unique cultural vibe, and the breweries aren’t too bad, either!
Whether you’re a Spokane native or considering moving to the area, here are 7 things you probably didn’t know about Browne’s Addition:
#1 It’s Named After a Man, Not a Color
Although Browne’s Addition is often written as “Brown’s Edition,” this is actually incorrect! The neighborhood is named after its founder, John J. Browne (or J.J. Browne to his friends), who built the neighborhood in addition (get it?!) to the existing Spokane Falls area. When Browne’s Addition was founded, there were less than 55 people living in all of Spokane Falls. Browne and his partner, A.M. Cannon, purchased 120 acres of land, which would become Browne’s Addition and Cannon’s Addition, respectively.
#2 It’s the Oldest Neighborhood in Spokane
Browne purchased the land to found Browne’s Addition in 1878, making it the first official neighborhood in Spokane. Just 10 years later, Brown and Cannon had founded the Spokane Street Railway Company and the first horse-drawn streetcar line ran from Browne’s Addition to Downtown Spokane on April 15th, 1888.
#3 Part of the Neighborhood was Acquired Through the Homestead Act
By the end of the 1800’s, Browne’s Addition was starting to get a lot of attention from the wealthy community in Spokane. Its close proximity to downtown and its stunning views of the Spokane River made the neighborhood highly desirable to those who could afford it. Eager to grow the neighborhood and capitalize on the local interest in the area, J.J. Browne applied for and was approved for a homestead grant for the remainder of the land that he didn’t already own.
#4 Coeur d’Alene Park Was Built to Attract High-End Home Builders
In keeping with the theme of growing the neighborhood and attracting the wealthy, Browne and Cannon decided to build a park. Both Browne and Cannon donated land to the park equally. For over 120 years, Coeur d’Alene Park has been a local gathering point for Spokanites. The park is full of enormous trees, lush green grass, and is surrounded by mansions of every variety. Coeur d’Alene Park was hugely instrumental in growing Browne’s Addition into the neighborhood and cultural epicenter it is today.
#5 The Neighborhood Was Once Considered “Low Rent”
Browne’s Addition was originally a high end neighborhood – extremely high end. Mansions of every make and model can be found on nearly every street, even to this day. But after the Great Depression, the type of lodger interested in the Browne’s Addition started to change. The neighborhood’s close proximity to downtown made it appealing to the working class, and it wasn’t long before those large mansions started to be broken up into smaller apartments or rented out on a room-by-room basis. This trend continued on for several decades, until a savvy group of investors came in during the 1980s and fueled an urban revival in the Browne’s Addition. Thirty years later, Browne’s Addition has reclaimed its status as luxurious and hip, and has been officially registered as a Historic District since 1976.
#6 The Real Estate Ranges From Modern Condos to Victorian Mansions
One great carryover from Browne’s Addition’s sordid past is that many of those mansions that were broken up post-Depression have been converted into condos and townhomes. This means that there is a little something for every budget. Condos and townhomes are surprisingly reasonably priced, especially at the edges of the neighborhood. Home buyers can enjoy all the perks of the neighborhood – its walkability, proximity to downtown, museums, restaurants, and breweries – for prices in the $200,000s. Buyers who want to live closer to Coeur d’Alene Park will pay a little more for the real estate. And of course, bungalows, ramblers, and mansions can be purchased for those looking for a single occupancy home. Real estate in this area is coveted, so start your home search early.
#7 It’s Only a 10 Minute Walk to Downtown
We’ve mentioned several times that Browne’s Addition is close to downtown Spokane, but did you know it’s only a 10 minute walk?! This is the perfect neighborhood for young professionals who work downtown, but also for downsizers and empty nesters who don’t want the burden of owning and maintaining a car. If you don’t want to walk to downtown, there are plenty of coffee shops, restaurants, boutiques, bars, and breweries right in Browne’s Addition. And don’t forget, Browne’s Addition first became renowned for its beautiful landscapes and views, so you really aren’t going to find a prettier walk anywhere else!
Looking to Buy a Home in Browne’s Addition?
Real estate in Browne’s Addition is highly sought-after, which is why the Real Estate Agent Spokane Team
recommends setting up a search early on. Even if you’re just considering the area amongst others, an MLS search can give you an accurate and timely idea of what’s available and for what price. I specialize in helping people relocate to Spokane, and Browne’s Addition is one of the most popular neighborhoods my clients move to.
If you’re looking at moving to Browne’s Addition or anywhere else in Spokane, we’d love to learn a little more about your move and help you find the perfect space. Whether you’re looking to upgrade, relocate, or downsize (or all three!), we can help you find what you’re looking for. Contact me today to set up a custom search and learn more about how you can buy a house while still living out of state.
If you’ve been living in your house for awhile and the kids have grown up and moved away, it might be time to think about moving into a more practical house. This type of move is often referred to as ‘downsizing,” but for many, it’s actually more about “right-sizing.” After 15-20 years living in the same house, many people find that their priorities have changed, and something a little different would suit them better.
Downsizing or “rightsizing” can have some surprising perks. Here are the three biggest benefits my clients see after making the move.
#1 A New Home is Easier to Manage
For many people, downsizing isn’t about getting a smaller space, it’s about getting a space that’s easier to care for and get around in. It’s about finding somewhere that you can age in place. This could mean moving from a multi-level home to a single story to eliminate the stress of the stairs, or it could mean moving from a house with a yard to a townhouse with a nice patio instead.
A growing list of impending home repairs is one of the biggest triggers that prompts a move after living in a house for several years. At a certain point, it becomes easier and more cost efficient to move into a newer home that’s unlikely to need any major repairs in the next 5-10 years. A newer home also provides the opportunity to get a layout that makes sense for lifestyle today. What worked 15 years ago might not be the best arrangement now.
Finding a newer home with amenities more aligned with your lifestyle and priorities will alleviate stress and free up time that would have been spent on cumbersome maintenance projects and yard work. Sometimes, easier really is better!
#2 Socializing and Family Time is Easier
Moving closer to kids and grandkids can be an immensely rewarding reason to relocate out of town or out of state. In fact, this is one of the most common reasons that our clients tell us about they are relocating to Spokane.
But grandkids aren’t the only reason downsizers move to improve their social life. We frequently see people who have been living in rural or suburban neighborhoods moving closer to city centers, where they can walk to restaurants, coffee shops, bookstores, and volunteer at the local community gardens. Boomers who associate with the “active grandparent” lifestyle will find plenty to do in the new Kendall Yards district, with shopping, dining, and art in walking distance.
On the other hand, many retirees are looking to buy a peaceful plot of land and settle into retirement. In many cases, this is a “right-sizing” situation – I often help newly retired couples build their dream home on acreage just outside of town. While it might not be smaller, new builds generally come with lower maintenance burdens and cater to your exact specifications. Hello, forever home.
Living in a lower maintenance home, closer to friends, family, food, and activities makes socializing and family time much easier!
#3 Your Money Can Go a Lot Further
The economic impact of downsizing can be huge, even for people moving in a house of similar square footage. For people moving out of older homes into newer ones, there is often a significant savings in repairs, maintenance, lawn care, and electrical/heating/gas costs. Simply put, the cost of operating your house could be much lower.
Another economic benefit comes from the sale and purchase itself. I typically see that people who have lived in their homes for several years have a significant amount of equity built up. For many, purchasing a new home isn’t contingent upon the sale of their existing home, which means they have more buying power and can sell their existing home on their own terms. And those who do actually downsize into a smaller home may walk away from their new home purchase ahead of the game.
The great thing about reducing costs and lowering the economic burden of the home is that those extra funds can now be used to visit with friends, spoil grandchildren, or simply pad the savings account.
How Do I Buy a New House While Selling This One?
Starting the process of buying a new house while selling your current home can be daunting, but it doesn’t have to be difficult. To learn more about how to buy while selling, please contact us directly.
Carrie Meyer is a full service realtor who specializes in relocation purchases, investment properties, and new build transactions with acreage. A Spokane transplant herself, Carrie understands the challenges and benefits inherent in moving to a new city.
We often hear about a “buyer’s market” and the “seller’s market,” but it’s important to understand that these trends vary on a region-by-region basis. National trends are reporting a “buyers market” in many areas, meaning that there are more homes for sell then there are buyers, giving buyers a slight advantage – BUT – this is not currently the case in Spokane. In fact, we are trending more towards a seller’s market, meaning there are more buyers than sellers. Many homes are receiving multiple offers.
Buyers can absolutely capitalize on a home purchase in Spokane’s competitive holiday market, but there are a couple of important steps that you’ll want to take to increase your competitiveness and get the best deal. Here’s three things you need to know if you want to capitalize on Spokane’s current market and close on a new home before the holidays.
How to Buy in a Cooling Market
Even in light of a slight seller’s market, this is still a great time to buy in Spokane! It is true that buying is more competitive right now, but this trend is coming on the heels of recent price drops on real estate. What does this mean for buyers? Prices are going up, but they are still lower than they have been – and as bidding wars on properties heat up, prices will continue to rise.
The recent price reductions mean this is the perfect time to capitalize on the holiday market. First time homebuyers, real estate investors, and downsizers will find particular benefit in this market.Waiting buy until after the holidays could mean paying more for your home.
You MUST Do This
Get prequalified! In a competitive market, it is crucial that you come prepared. I strongly urge all my clients to get prequalified before beginning a home search, for a couple of reasons. First, getting prequalified reduces heartbreak when you fall in love with a home only for funding to fall through. Second, you are competing against other buyer offers, so you need to convince the seller that YOU are the most qualified offer. A thorough, well thought out presentation of the offer from your realtor can genuinely make or break the transaction, so be sure to provide as much to your realtor as possible. I generally request recent financial documents and statements be readily accessible on hand so there is absolutely no delay in the offer process.
For those looking to close and move before the holiday season is upon us, I recommend taking the extra step to become fully underwritten prior to making an offer on a home. This will speed the process significantly (as little as 21 days to close, in some instances), and increase the competitiveness of your offer. For mortgage brokers who specialize in fully underwriting buyers prior to the offer, consider Ben Sharpe at Mountain West Bank or Boone Plager at Fairway Independent Mortgage.
The Benefits of Buying Now:
- Move in before the winter holidays
- Capitalize on the reduced pricing before bidding wars drive prices back up
Pro Tips for Buyers:
- Come prepared!
- Have a pre-approval letter or underwriting from a lender before hiring a real estate agent or viewing homes
- Have recent asset statements ready, in hand, when making an offer
- Allow your agent to put together the best possible offer presentation by providing documents and statements as quickly as possible
You want to be the best, most qualified and serious offer in a competitive market. The offer presentation created by your agent is the only thing a seller knows about your qualifications. It is critical that you hire a realtor with an exceptional presentation strategy.
Looking to Buy and Sell in Spokane?
Carrie Meyer is passionate about helping people relocate to Spokane. Having done so herself nearly 15 years ago, she understands the struggles and stresses that come with moving from out of town and provides unique services to make the process as simple as possible. Carrie also specializes in new home builds and property purchases for those looking to live on acreage with an easy commute back into town, and gladly represents local transactions of any type.
36th Annual Christmas Tree Elegance Event in Spokane
Christmas Tree Elegance was founded in 1983 by the Spokane Symphony Associates as a fundraiser for the Spokane Symphony. Today, this family-friendly event has won a place in Spokane Christmas tradition, and has grown into a 13-day event. Attendees travel from five states and Canada to participate and partake in Christmas Tree Elegance, and if you’ve ever seen the trees (and the prizes!), it’s no wonder why.
This year marks the 36th anniversary of the event, which opens on November 27th and runs through December 9th.
How it Works
There are 18 beautifully decorated trees located inside the Davenport Hotel and River Park Square during Christmas Tree Elegance. These decked-out trees have been sponsored by local and national businesses contributing to the fundraiser. Attendees of Christmas Tree Elegance don’t just come to see the trees, they come to win.
Raffle tickets are $1 each, and you can bid on as many trees as you want, as often as you want. But even better still, each tree comes with an additional gift basket/swag bag or cash prize. That would certainly help you deck the halls and line the stockings on your chimney!
The raffle drawing will be held and winners announced on December 9th.
All proceeds from raffle ticket sales go to support the Spokane Symphony. All the trees and prizes are sponsored by local and national businesses, so you can bid confidently, knowing your funds really are going to support the arts in Spokane. Christmas Tree Elegance is the Spokane Symphony Associates’ biggest fundraising event of the year for the symphony, so grab the kids and some friends and take a stroll through the trees. And if you see something you like, buy a few raffle tickets and throw your name in the hat – you never know, it could be your lucky day!
The Real Estate Agent Spokane team of realtors is proudly sponsoring tree #12 at this year’s Christmas Tree Elegance. We believe in promoting arts and culture in Spokane as a celebration of the diversity and sophistication our city has to offer.
Meet the Team
The Real Estate Agent Spokane team is a part of Kestell Co Realtors, located in Spokane, Washington. We are full service realtors who handle all types of transactions from first time home buyers, investment property transactions, relocations to Spokane, and more.
Carrie Meyer is passionate about helping people relocate to Spokane. Having done so herself 15 years ago, she understands the struggles and stresses that come with moving from out of town and provides unique services to make the process as simple as possible. Carrie also specializes in new home builds and property purchases for those looking to live on acreage with an easy commute back into town, and gladly represents local transactions of any type.
Sandra Bachmeyer is highly skilled in downsizing transactions, specifically in dealing with the relocation of a parent or grandparent out of their home and into an assisted facility. Sandra has years of experience working in elder care and understands the delicate nuances of these types of transactions. She will work tirelessly to ensure that your loved one is treated with dignity and respect throughout the entire process.
Wendy Smith is a “jack of all trades” in real estate and is ready to help, no matter your transaction type. Wendy understands what it’s like to be a working mother, and strives to make your transaction as simple as possible. She is passionate about helping people find their dream home and sell their current home as quickly and profitably as possible.
The Real Estate Agent Spokane team can be reached at (509) 868-1077, or full contact information can be found here.