At Home With Coldwell Banker Tomlinson - April 2024

Commemorating Fair Housing Month

CARMA STAHNKE

AtColdwell Banker Tomlinson, we are dedicated to promoting equal housing access for everyone. Together, we fully support the development of vibrant and inclusive communities. We reaffirm this commitment by observing Fair Housing Month in April.

The History of Equitable Housing Laws

The Fair Housing Act is a pivotal piece of legislation in the United States. Enacted on April 11, 1968, it was part of the broader Civil Rights Act of 1968. Originating in the aftermath of the assassination of Dr. Martin Luther King Jr., the Act aimed to combat housing discrimination based on race, color, religion, sex or national origin.

Over the years, the Act underwent amendments to broaden its scope. It expanded to protect additional classes, including individuals with disabilities and families with children. Enforcement has evolved, resulting in the creation of the Department of Housing and Urban Development (HUD) and the establishment of fair housing organizations.

The Importance of Unbiased Practices

Despite progress, challenges persist, and the

fight against housing discrimination remains ongoing. As we continue to strive for a more equitable society, it’s important to note how the Fair Housing Act benefits individuals, families, communities and society as a whole.

Access to housing in diverse neighborhoods provides individuals with more economic opportunities, leading to increased financial security while encouraging upward mobility. Inclusive communities are more likely to attract a wider range of businesses and investments. This results in job opportunities, improved infrastructure and overall prosperity. Housing laws also help create neighborhoods where access to quality education is available to every child. This ensures that all members of the community have the chance to receive a good education. It also helps break the cycle of inequality and promoting social mobility.

These laws are essential in building a society that values diversity, equality and inclusivity. Removing barriers to housing opportunities benefits of us all.

Current Challenges and Opportunities

In the realm of fair housing, contemporary challenges persist alongside promising opportunities

for progress. Discriminatory practices in housing, though illegal, continue to affect marginalized communities, perpetuating disparities in access to quality housing. Systemic issues such as redlining, gentrification, and unequal lending practices remain significant hurdles to overcome.

However, there are opportunities for positive change. Increasing public awareness and advocacy efforts can drive policy reforms and enforcement actions to combat housing discrimination effectively. Additionally, innovative approaches, such as community land trusts and affordable housing initiatives, offer avenues for creating more equitable housing opportunities. By addressing these challenges head-on and seizing opportunities for reform, we can work towards a future where fair housing is a reality for all.

Looking Ahead

The fight for fair housing continues to evolve. As society progresses, it's vital to anticipate emerging challenges and innovate solutions. By fostering collaboration, leveraging technology, and advocating for inclusive policies, we can strive towards a future where housing equality is fully realized.

Why Spring Is the Best Time To Buy A Home

MICHELLE ABENDSCHAN

Spring is widely recognized as the best time to buy a home, and it’s not hard to see why. The season is all about fresh starts and new beginnings, which feels just right when you’re about to make a big decision like purchasing a new home. Learn why now could be the right time to find the perfect place to call your own.

Market Reset and Increased Inventory in Spring

Spring marks the beginning of what is traditionally the busiest period in the real estate market. And after a few years of unpredictable market conditions, Money Magazine anticipates that 2024 could bring a much-needed real estate reset. With economies stabilizing and people adjusting well to post-pandemic lifestyles, the housing market is expected to reflect a more typical bustling season. This influx of listings increases your choices, giving you a better chance of finding a home that fits your exact needs and wants.

The Advantage of Clear Property Evaluations

Winter weather can hide many imperfections, from roofing issues to landscaping woes. As that weather recedes, getting a clear, unobstructed view of each property is easier. The return of milder temps

also allows for a thorough inspection of the home’s exterior, including the condition of the paint, gutters, roofing and siding. As we move into the warmer months, you’ll also get a good peek at the property’s yard and landscaping – a big deal for many buyers. Seeing the full outdoor potential can really paint a picture of what’s to come, helping you dream up all the fantastic possibilities for your future garden or outdoor oasis.

Optimal Timing for Families

Buying a home in the spring is strategically sound for families with children. It aligns with the academic calendar, allowing families to relocate and settle in before the start of the new school year. This timing eases transitions for children and adults alike, providing the summer months to adjust to a new neighborhood, get all those new home tasks complete, make new friends and prepare for any school or work changes that come with moving.

Negotiation Opportunities

With the spring market’s rush of activity, there’s a unique push and pull that benefits savvy negotiators. Sellers looking to bounce back from the slower winter months are generally more open to discussions, and

buyers are eager to purchase and settle in by summer. This mutual motivation can smooth the path to negotiations, potentially tipping the scales in favor of buyers looking for a good deal.

Spring Shows a Neighborhood’s Character

Milder weather not only revives trees and gardens but also community life. This uptick in activity can give potential buyers a true feel for the neighborhood’s character and lifestyle. Are the streets filled with playing children or is it a quiet, more reserved community? Is the neighborhood buzzing with local events and gatherings? Viewing a neighborhood in the spring can provide a clearer picture of daily life there. So when you visit an open house, be sure get a feel for the whole area.

While the best time to buy a home is when you’re financially and emotionally ready, March, April and May offer some unique advantages that can enhance the home-buying experience. Increased inventory, the ability to conduct thorough property evaluations, timing that suits family needs, favorable mortgage rates and negotiation potential all make spring an ideal time to take the plunge, whether you’re a first-time home buyer or an experienced buyer lookingtofindtheperfectsettingforyournextchapter.

NOTES

This Calabacitas recipe is a beloved Mexican vegetable dish made from sautéed zucchini and squash, corn, onions, peppers, tomatoes and cheese. It’s healthy, comforting and super satisfying, even for the biggest of meat lovers!

INGREDIENTS

• 1 tablespoon olive oil

• 1 small onion, diced

Calabacitas

• 1 poblano pepper and jalapeño pepper, diced (seeds removed if you don't want it spicy)

• 1 15-ounce can whole kernel corn, drained

• 2 plum tomatoes, diced

• 1 large zucchini and yellow squash, sliced into half moons

INSTRUCTIONS

• 3 cloves garlic, minced

• 2 teaspoons kosher salt

• 1/4 teaspoon freshly ground black pepper, dried oregano and ground cumin

• 1/4 cup water and milk

• 1/2 cup shredded cheddar cheese

• optional garnishes: crumbled cotija cheese, chopped cilantro

1. Heat olive oil in a large nonstick skillet over medium-high heat. Add onions, poblanos, and jalapeños. Cook for 5 minutes, stirring occasionally, until vegetables begin to soften.

2. Add corn and tomatoes. Cook for 5 more minutes, stirring occasionally.

3. Add zucchini, yellow squash, garlic, salt, black pepper, oregano and ground cumin. Stir to combine and cook for 5 minutes, stirring every minute or so.

4. Add water to skillet, reduce heat to low, cover and simmer for 5 minutes.

5. Uncover the skillet, add shredded cheese and milk, stir together until the cheese has fully melted.

6. Remove from heat, garnish with chopped cilantro and cotija cheese, and serve.

HOME TRENDS: PREPARING FOR SUMMER WITH 2024’S HOTTEST OUTDOOR LIVING TRENDS

The time is now to start revitalizing your outdoor living spaces and transforming them into havens of relaxation, entertainment, and style. This year brings a freshwaveoftrendsthatpromisetotakeyourbackyard oasis to new heights, ensuring that every moment spent outdoors is nothing short of extraordinary.

Seamless Indoor-Outdoor Living

Blurring the lines between indoor and outdoor

spaces continues to be a prevailing trend in 2024. Embrace bi-fold or sliding glass doors that effortlessly connect your indoor living areas to the outdoors, creating a cohesive flow and maximizing natural light and ventilation.

Multi-Functional Entertainment Areas

Flexibility is key when it comes to outdoor entertainment spaces. Design versatile areas that can

seamlessly transition from alfresco dining spots to cozy lounging areas or even outdoor cinemas. Incorporate features like fire pits, outdoor kitchens, and built-in seating to enhance the functionality and enjoyment of your outdoor space.

Smart Outdoor Technology

Make your outdoor living experience smarter and more convenient with the latest advancements in outdoor technology. From automated irrigation systems and weather-responsive lighting to outdoor speakers and Wi-Fi-enabled appliances, integrating smart technology into your backyard enhances comfort, efficiency, and entertainment.

As you embark on your outdoor living journey in 2024, let these trends inspire you to create a backyard sanctuary that reflects your style, enhances your lifestyle, and beckons you to embrace the beauty of the great outdoors. Here's to a year filled with memorable moments spent basking in the splendor of your outdoor oasis!

Market Insights

In March 2024, the real estate market in Spokane, Washington, remained robust with notable trends and figures. The average selling price in Spokane soared to $455,715, marking a substantial 4.4% increase from March 2023. Despite a surge in inventory, with listings reaching 737, up by 15.9% from the previous year, closed sales slightly dwindled to 417, down by 15.9%. Interest rates experienced a minor decline to 6.79%, further motivating buyers, evidenced by pending sales. Spokane continues to favor sellers, with the median days on the market decreasing to a mere 10 days, affirming its competitive landscape.

In contrast, Kootenai County, Idaho, witnessed a slight decline in average sales price, down by 5.5% to $611,257. However, inventory surged by 19.6%, reaching 922 listings, yet closed sales dipped to 224, down by 10.4% compared to the previous year. Despite the inventory growth, both markets grapple with high demand, suggesting sustained price escalation, albeit at a slower pace than in previous years.

For tailored insights and expert guidance

navigating these dynamic markets, it is advisable to consult with your Coldwell Banker Tomlinson agent. Stay informed to make informed decisions in this evolving real estate landscape.