“Home sellers are in a great spot, equity-wise,” Spokane Association of Realtors President Eric Johnson said. Census Bureau and real estate website Zestimates, which incorporates public and user-submitted data as well as home facts, location and market conditions. Zillow compiled the data using information from the U.S. Over the past decade, Spokane’s housing market value has grown $29 billion, outpacing larger markets, such as Louisville, Kentucky Birmingham, Alabama and Hartford, Connecticut. Spokane County’s housing market gained $5 billion in value last year, raising its worth to $57 billion and making it the 82nd-most valuable out of 100 metro areas nationwide, according to a recent Zillow report. Strong demand, intense competition for homes, an influx of out-of-area buyers and historically low mortgage interest rates have led to skyrocketing home values in Spokane County in 2020.
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