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Spokane Market Update

Results are in for November!
Spokane Real Estate Sales are up 15.6%, Average Price is up 12% and our inventory is still way down!!
Looking to sell? Now is the time! Winter has nothing on this seller’s market! 

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A two-year, $51.9 million community investment plan

“Now we are starting to target dollars to West Plains…” – Ben Stuckart Spokane City Council, President

Article via Jeff Humphrey, SpokaneCity.org

A strategic plan to invest in the quality of life of our city now has a financial plan to go with it.

The Spokane City Council approved a plan to invest $51.9 million over the next two years in the health, safety, infrastructure, urban experience, and financial health of the city. The series of one-time investments accelerate street improvements, encourage development, promote water conservation, and invest in recreation, the arts, public safety, homelessness, and reserves. They are possible because of the city’s financial discipline over the past six years and an improved economy.

“These are all things we planned to do,” Spokane Mayor David Condon said. “The economy is allowing us to accelerate them and make generational, catalytic investments in economic vitality.”

Condon and the City Council have spent more than a year developing a joint strategic plan for the city. The plan, also approved by the City Council, integrates two branches of government, three boards, eight divisions and 42 departments around a one vision, one plan and one voice.

Strategic initiatives focus in four key areas:  Safe and Healthy; Urban Experience; Innovative Infrastructure; and Sustainable Resources. Tactics support increases in median household incomes, property values, livable-wage jobs, bond rating, population growth, and social capital, and building the safest city of like-sized cities.

“This plan shifts the city’s economic development approach to a philosophy of organizational responsibility,” Councilmember Amber Waldref said. “It acknowledges that the city is an important regional economic driver.”

Plan highlights include $10 million to accelerate street improvements by advancing the thin grind-and-overlay pilot on arterials as a longer-term solution to chronic potholes, improving residential and unimproved streets, and making infrastructure investments in the target development areas. Another $12 million has been set aside to keep the focus on the river by completing a 3-mile river side trail, improving river access and leveraging the Riverfront Spokane investment to functionally expand the western boundaries of the park to the Monroe Street Bridge.

Safety remains a top priority with $15 million to purchase public safety vehicles and equipment, increase housing for our most vulnerable, and invest in clean and safe neighborhoods. Another $4.5 million will replenish the city’s rainy day fund and advance centers of excellence in targeted areas.

“Financial discipline is delivering a generational investment in the economic vitality of the community,” City Council President Ben Stuckart said.

Nine different sources of money – new, reallocated and existing – are being spread across approximately 20 different areas. Investments were chosen based on a criteria requiring that projects further a strategic outcome, be achievable without adding ongoing cost, leave the investment source healthy, and return either increased revenue or a cost reduction.

“The plan is unique for Spokane and integrated in its resources and outcomes,” Councilmember Lori Kinnear said.

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Buy Land—Market Update

“Buy land, they’re not making it anymore.” -Mark Twain

Need some space? Get some acreage!
Check out the active homes for sale with up to 10 acres in the Spokane area HERE: https://goo.gl/RZpT5r

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NEW WEST PLAINS LISTING—COMING SOON! 


Showings by appointment only starting 10/30/17. Please call Chelsea to schedule a showing! (509) 565-1581


Take a deep breath and find your way home to this beautiful Malloy Prairie 5-acre retreat. Built in 1980, 2 bedrooms, 1 bathroom manufactured home– 864 sq. ft. Open kitchen with rustic wooden cabinets and beautiful backyard view. Home also includes heated shop, 1-car detached garage/storage, fenced garden, chicken coop/run, root cellar, outhouse, storage shed.  Acreage is treed, peaceful and private and located only 25 minutes from downtown Spokane (with quick, easy access to the airport and Fairchild AFB).

Scroll through photo slideshow below!
https://flic.kr/s/aHskvFHGJk

15906 S MALLOY PRAIRIE RD

Download Flyer

View Listing Details — Zillow “Coming Soon”

 

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West Plains Country Living

20818 W Sunwest Ave, Medical Lake—LINK: https://goo.gl/RD41jn

Charming split-level updated estate on 4.89 acres. Built in 1972, 4 bedrooms, 2 bathrooms – 2,172 sq. ft. Open kitchen with beautiful acreage view and all new appliances. Small horse setup, loafing shed, corral with water, power and fenced pastures. Large irrigated garden area, sprinkler system, setup to install drip-line system. Paved circle driveway, 2 car attached garage and a must-see 40×30 shop ready for your boat, tools and toys! Peaceful country living and only 20 min to downtown Spokane and airport!

Call Chelsea McFarland, Real Estate Broker to set up a showing (509) 565-1581

Download Flyer Here

View MLS Listing Here

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First Time Home Buyer & Downpayment Assistance Education

→ Click here to REGISTER!


JOIN US AUG 7 & 9 for a FREE HOMEBUYER EDUCATION CLASS!
Early registration is encouraged as space is limited! 

MEDICAL LAKE
→ 8/7/17 Monday (6-8:30pm) and 8/9/17 Wednesday (6-8:30pm)

Medical Lake Library: 321 E Herb St, Medical Lake, WA 99022
Instructors: Matt Lo Porto, Kiel Mortgage and
Chelsea McFarland, Prime Real Estate Group

*For reservations call 509.565.1581, email chelsea@propertybyprime.com or → REGISTER ONLINE HERE!
Reservations required. Seating limited. Refreshments provided.


WHAT YOU WILL LEARN:

Steps to Homeownership, Mortgages, Real Estate Contracts, How to shop for a Lender and Real Estate Agent, the Appraisal & Inspection, Home Maintenance, Down payment & Closing Cost

  • Fair Housing, Predatory Lending, Consumer Protection
  • Down Payment Assistance Opportunities & Programs, Selecting the Right Home for you
  • Budgeting & Credit, How much can You afford, How going Green saves you money, Owning vs. Renting
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JUNE in Spokane

FEATURED EVENTS:
BECU Outdoor Movies at Riverfront Park, Volume Inlander Music Festival, ArtFest, The Farm Chicks Antiques Show, Lilac City Comicon, Crave! Northwest, Hoopfest…

   


View more Spokane events below:
Kids & Family Events: https://goo.gl/2URX6r
Fairs & Festivals: https://goo.gl/3dEr0b