Backyard History!

Ever driven past some of the historic neighborhoods in Spokane and wondered about them? In our own area, we have nationally recognized architecture in varied styles such as Craftsman, Tudor Revival, and Victorian.

Here's a great link to the Spokane Register Historic District site, with plenty of interesting info and suggested sites. link

Great NEW Offer from Sullivan Homes!

Sullivan Homes has a great offer on all of their available homes: Choose any move-in ready home, then select from the following: either no payments until July 2008, or an interest rate as low as 5.375%!

Click here for all the details - the offer expires soon, so now is the time to take advantage of these incredible deals.

Top 5 Reasons to Buy A New Home

• You found the perfect flooring - now you just need the home to go with it!


• It's a lot easier to dominate a neighborhood when you get there first.


• That "new House" smell is far better than the reek of paint fumes as you try and cover up someone else's outdated decor.


• In just a few months, you can have exactly the home you want - not the one someone else doesn't.


• And, just in time for Halloween: statistics have shown that a new house is the least likely to be haunted.

The Truth About the Real Estate Market

The Washington real estate market is a stable and an excellent investment that you get to live in. :)

Facts About Foreclosures
The foreclosure rates today are the same as they were 10 years ago.
Fewer than one percent of mortgages end in default in Washington state.
As of mid-June, sub-prime, adjustable-rate loans represented 20 percent of loans nationally, but just 6 percent of home loans in Washington.

The Market is Strong
Home appreciation in Washington continues to out-perform the rest of the nation with year-to-year price increases every quarter since the spring of 1995.

The Market is Stable
Home prices in Washington have increased an average of 8.1 percent since the same time last year. Many counties, however, have experienced price hikes much higher: Chelan 29.8 percent, Okanogan 24.5 percent; Douglas, 22.2 percent; and Lewis 19.3. (WSU Center for Real Estate Research (CRER))
The demand for median-priced homes has never been greater.

Why Washington Is Different
The home market isn’t keeping pace with the growth of the state’s population, which is continuing to increase at 1.8 percent per year.
The state’s population will increase by nearly one million over the present decade and reach 6.8 million by 2010.
About two thirds of the growth is due to in-migration; the rest is a result of the growth of families now living in Washington. (Washington State Office of Financial Management)

What About Inventory?
The key to stability in the residential real estate market is balance, where balance is about a six month supply (or inventory) of homes available on the market at any given time.

Additional Source: National Association of Realtors, 2007

SHBA Wishing Star Auction Coming Soon!

The Annual SHBA Charity Auction for the Wishing Star Foundation is coming up, November 16th. Wishing Star helps grant special wishes for children with life-threatening illnesses. They have granted over 1,100 wishes in the last 25 years, and have had an enormous impact on the community, serving northern Idaho and eastern Washington. Sullivan Homes has been proud to partner with Wishing Star, building their 2007 Play House which will be raffled off this Halloween, and helping sell raffle tickets. The charity auction proceeds will all go to benefit Wishing Star children, and is a critical part of their fundraising. Visit the Wishing Star website for stories and information on volunteering or donating.

Extreme Site Makeover..!

Sullivan Homes' new website recently launched, with dramatic changes. You can search homes by community, floor plan, or build phase (under construction or available now). All available homes have a photo slide show as well as a floor plan slide show. There is plenty of beautiful photography, but there is also much more information available - our site has tripled in size! Communities each have their own site-within-a-site format, which allows visitors to get a great overview and introduction to each development. The Gallery section has a great Flash Presentation of the in-house Design Studio, and gives new home buyers a great overview of what they will be able to select with their interior and exterior packages.

The website is updated daily with new photos and listings. There are also several new features in the works as the site continues to develop - so stay tuned!