Spokane 2022 housing market forecast: Interest rates could gradually increase

The National Association of Realtors ranked Spokane and Spokane Valley as one of the top 10 markets that showed resilience during the pandemic as well as the ones they expect to perform well in a “post-COVID-19 environment.”
Rob Higgins, Executive Vice President of the Spokane Association of Realtors, explained to KREM 2’s Tim Pham that real estate forecasts are important for understanding the job market and how it affects the housing market. Spokane Association of Realtors President Eric Johnson expects interest rates to gradually increase in 2022.
Read more: www.krem.com/article/money/ec...

[@Nimiipuuboss]

People that are Spokanites who have lived here all their life are now finding themselves homeless because of the housing market in Spokane. We’ve never had outrageous prices like this before ever

[@RetrieverTrainingAlone]

Record low inventory of houses on the market, near record mortgage interest rates, record high cost of construction materials, record $10 billion in home equity minus debt all point to a sellers market to at least 2025.

[@Aerospaceman]

The recent Zillow collapse in Florida brings to mind all of the unrealistic and inflated home prices

[@aliresai5738]

Why Spokane? It sucks here there is not enough job here

[@dogmandan79]

Terrible news provided by a terrible news crew.