
From the January 2020 issue of @Home with Coldwell Banker Tomlinson. Written by Neil Johnson, resident CBT Statistics Expert.
The past year has been fraught with a number of issues that have affected the residential real estate market in many ways. The forces that have aligned this unusual year have basically created a housing shortage.
The Spokane and Coeur d'Alene area had been seeing high in-migration prior to 2020 and also low new housing production as evidenced by low rental vacancy rates and a low inventory of homes for sale. When the pandemic became official and bu...