SPOKANE, Wash. — As the season shifts, the real estate market is also changing. Sales have slowed down, but local prices continue to climb.
A new study ranks Spokane as the sixth most overvalued city in the country. Homes are selling 45-percent over past prices, but local agents say a welcome change could be coming.
“So many locals can look at a home and say, “Gosh, that was worth a third of what it’s worth now,” said Brian Zapotocky, a realtor in Washington and Idaho with Windermere Manito.
He says people are moving in who see Spokane as an affordable option. Although, people who’ve called the city home don’t see it that way.
He says out-of-state buyers feel that “prices here still are very affordable compared to where…