Spokane changes over to “Seller’s Market”

Print
Email
|

by KREM.com & Shawn Chitnis

KREM.com

Posted on February 26, 2013 at 6:01 PM

Updated Tuesday, Nov 12 at 10:47 PM

SPOKANE -- Home sales in Spokane County are in line with national trends, which show it’s a good time to be a home seller.

The number of homes for sale is dropping, driving up prices almost 12-percent from a year ago. Inventory is down 14-percent from January 2012.

The new figures show the “Buyer’s Market” is changing over to a “Seller’s Market”, an indication that the economy is improving.

Sales of foreclosed or bank-owned homes are also down from this time last year.
 

Print
Email
|