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Date Archives: February 2021

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February
22

Spokane Garden Tips

By the time we get to the dark days of midwinter, gardeners all over Washington are itching to get outside and get their hands back in the soil. We understand the struggle. 

Luckily, this is the time of year when you can start taking the first steps toward planting your spring vegetable garden. Our real estate agents are delighted to share these tips for starting your spring garden indoors!

Click Here to Read More...

February
15

Design Trends

Women's Choice Award® recipients have earned the 2021 award for being recommended by 9 out of 10 customers.

by Athena Snow, Coldwell Banker Blue Matter

MADISON, N.J. (January 25, 2021)  In a national survey conducted by the Women's Choice Award, over 85% of the Coldwell Banker Real Estate LLC's female customers who have had experience with the brand say they would recommend Coldwell Banker Real Estate to their friends and family. For the fourth year in a row, The Women's Choice Award has recognized Coldwell Banker for its exceptional customer recommendation rating, earning the brand the coveted 2021 Women's Choice Award®

The exclusive set of products and services that earn the award have the honor of touting the Women's Choice Award designation, honoring their achievement as having 9 out of 10 of their female customers highly recommend them. As recommendation ratings are the pinnacle for determining true brand loyalty and love, the Women's Choice Award is a powerful indicator of a brand's commitment to their customers. The Women's Choice Award seal also represents Coldwell Banker's commitment to empowering women to make the best consumer choices for themselves and their families.

The Women's Choice Award is a significant and meaningful accomplishment in real estate because women are at the heart of most transactions. Women make or influence 91% of home-buying decisions and make up two-thirds of all real estate agents. Coldwell Banker has incorporated many diversity and inclusion programs committed to the advancement of women leadership efforts, including the CB Women initiative and What Moves Her campaign, that are dedicated to making sure women are provided with opportunities for career growth.

"At Coldwell Banker, we value women in real estate. I am beyond proud to work for a brand that empowers women to take on leadership roles and strives to make the industry better. Through our work with our Inclusive Ownership program and What Moves Her initiative, we are continuously exploring new ways to support leadership development, promote shared values, and provide resources for enhancing leadership tools and capabilities for women in the industry."
 Liz Gehringer, chief operating officer of Coldwell Banker Real Estate

 "Today's marketplace is more cluttered than ever, yet women have less time than ever to sift through the saturated online options and store shelves. And with women on a constant hunt to identify the best brands for herself and her family, the Women's Choice Award serves as a trusted endorsement and visual beacon of empowerment, simplifying her choices. When consumers see that other women recommend a brand, through the Women's Choice Award seal, it provides an unparalleled level of trust and validation, putting her mind at ease- and that's priceless."
 Delia Passi, founder and CEO of the Women's Choice Award

February
10

View our comprehensive Coeur d'Alene real estate market report for the month of January!

The information in this report is compiled from a report given by the Spokane Association of REALTORS© and to the best of our knowledge is accurate and correct.

 

Download the January Market Report PDF here.

Want more info about the current real estate market? Contact us today to speak to an agent. 

 

February
10

View our comprehensive Spokane real estate market report for the month of January!

The information in this report is compiled from a report given by the Spokane Association of REALTORS© and to the best of our knowledge is accurate and correct.

 

Download the January Market Report PDF here.

Want more info about the current real estate market? Contact us today to speak to an agent. 

 

February
8

Spokane Romantic Restaurants

Valentine's Day is around the corner, so now is the perfect time to start planning a surprise for your special someone. While the holiday may look a little different this year than in years past, a romantic meal at home with your favorite person and your favorite food will never go out of style. Many of your favorite Spokane restaurants are currently open for takeout and will be serving up delicious dishes for Valentine's Day this year. We have all the details you need on 5 great restaurants offering Valentine's Day takeout in Spokane.

Click Here to Read More...

February
3

From the January 2020 issue of @Home with Coldwell Banker Tomlinson.  Written by Neil Johnson, resident CBT Statistics Expert.

 

The past year has been fraught with a number of issues that have affected the residential real estate market in many ways. The forces that have aligned this unusual year have basically created a housing shortage.

The Spokane and Coeur d'Alene area had been seeing high in-migration prior to 2020 and also low new housing production as evidenced by low rental vacancy rates and a low inventory of homes for sale.  When the pandemic became official and businesses related to housing were closed, the supply of building materials and building itself were interrupted for a time. Simultaneously, people who had been relying on the office as a place to work found that they could work anywhere.

Since most large metro housing markets have remained healthy and strong, the option of selling from a large market and moving to a smaller market like ours has remained achievable. Now, mix in extremely low interest rates, more in-migration and fewer local residents moving away, and you get a high concentration of demand in the Spokane market.

Since the demand is high, the rising cost of building new housing has been offset by buyers who have no financial restrictions and can pay higher prices for new homes. As new homes are selling at record prices, those homes become benchmarks to all existing housing, encouraging home sellers to raise their asking prices, only to find that competing buyers bid those prices even higher. Incredibly, the high sales velocities are reflecting market acceptance, as homes are selling in numbers similar to 2006-07, which was the height of the housing market prior to the Great Recession.

Our region, with its affordability, access to recreation and excellent quality of life is very attractive to a great number of people, and as long as the larger markets remain stable, the cost of mortgages low, and the incentive strong for local residents to stay, we will see values rise.

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