Spokane Real Estate

Could the fed bailout of FANNIE MAE and FREDDIE MAC be a good thing? In the short term, yes! Wall Street will be much more likely to buy mortgage packages that are backed by the feds, which means interest rates could stay low and consumer confidence increase. The quicker the housing market turns around the better for all of us! Homes for sale in Spokane are at a four year high; however, sales are only down about twenty percent. I am a Spokane realtor specializing in residential Spokane Real Estate for several years. Too many of us are taking a gloom and doom view of the economy. Many investors are poised to begin buying as we are at or near the bottom of the market. Though it will take time for the economy to improve, when it does, those who invested will do well.

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