Tyler, great question and thanks for asking! I hope I can help answer that for you. First, let me say that none of us can predict the future, but from what we are seeing here in Spokane and what analysts are predicting is GOOD appreciation for our market. The national news of gloom and doom doesn't reflect what is happening in Spokane for we have always slowly risen in appreciation and don't have that over "inflated bubble" to pop like other markets that sore in price over night and then come crashing down just as quickly. We are and have still been appreciating here in Spokane. For 2 years in a row now we have been # 3 on a list of the 10 best cities in the nation for appreciation........that's huge! As Tamra stated, we are also #9 on Forbes top ten list of best places for careers and business for 2008. See article**
http://www.forbes.com/bestplaces/ All factors and indications say to me we will continue to appreciate, though probably slower than 2005 & 6, as we will get some trickle down effect from the national housing crisis. In short, I think as long as your 3 to 4+ years here, you will be best purchasing over renting, assuming you get a good location and look for the best bargain and negotiate it as such. As far as where to live, their are many really nice areas and neighborhoods in Spokane that are very affordable and I would be happy to talk with you and get you set up on a search with areas, home criterias, and prices, that meet your wants and needs, it's quick and easy! Also, as a buyer my services are 100% free to you. If you would like to contact me or just learn more about myself and my company please visit the link below. You will not be contacted or bothered in any way by just visiting me site. I hope to hear from you and you are going to LOVE Spokane. Best wishes, most sincerely, Chris Warmuth Windermere/North Spokane, WA.
- Mon Mar 31 2008, 11:08