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3216 N Hutchinson Rd

Millwood, WA 99212

Is it a Buyers or a Sellers Market in Spokane??

While I have 7 listings currently on the market, 6 out of my last 8 transactions were with Buyers. And even though interest rates are near the highest they’ve been in the last 22 years, Buyers are making offers, and all 6 of my Buyers closed on their homes for less than the asking price, and the Sellers paid most of their closing costs. One last thing: Because nobody’s re-financing right now at these interest rates, Lenders are getting very creative with their financing to get business, and on August 30th, my first-time homebuyer closed on her transaction with a 6.125% interest rate.

Do you still want to buy a home? Then give me a call at 509-703-8187. I’m happy to help.

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Spokane Market Update 2021
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Posted on December 2, 2021
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RichKingRealEstate

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