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Spokane Ranked 4th Best place to invest in real estate
Spokane ranked 4th best place in the country to invest in real estate!
-Source: National Association of Realtors and HousingPrdictor.com
 
"The Spokane economy grew by 19,000 new jobs and 18,000 new people moved to Spokane in the past three years."  - Rich Hadley, President and CEO of Greater Spokane Incorporated.  Mr. Hadley went on to say that overall in Spokane, "our economy is strong".
 
As a realtor in Spokane, I can tell you that homes for sale in Spokane that are priced right move very quickly.  Just yesterday, I Spokane with an out of town investor who stated that Spokane is one of the best places in the country to invest in.  Builder's and lenders are far more conservative here than in other areas of the country.  Builders have produced fewer inventories of new homes in the last 12 months as a result of a weakened economy.  We don't have subdivisions with hundreds of vacant homes like other cities.
 
However, sales have slowed and prices have declined in the Spokane market as a result of the onslaught of disastrous economic news nationwide.  The maxim of any kind of investing is to buy when everyone else is selling (buy ... more

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