Spokane housing market among hottest in country

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Real Estate

When Brian and Morgan Zaro were looking to buy their first home in Spokane, they took a patient approach.

The couple began their home search on the South Hill six months ago. They closed on a home in the Comstock Neighborhood last week, but not before making previous offers on two properties, both of which had a fair amount of competition from other buyers.

One home received five offers within 24 hours – in addition to the Zaros’ offer – and all were above asking price.

“We offered what was competitive and what we thought we could afford – which was fine – but at the same time, there was some discouragement,” Brian Zaro said. “We were saying, ‘Is this what we are going to have to go through every time we find a home?’ ”

High demand, low inventory and multiple offers on homes are common in Spokane, which has become one of the hottest real estate markets in the nation.

Click here for more information: https://www.spokesman.com/stories/2019/jul/22/spokane-housing-market-among-hottest-in-country/