Spokane, Washington, is a small town nestled among the peaks of the Cascade Mountains, and it’s not long before you start to notice a new trend: young people are coming to town looking for a new job.
According to the latest U.S. Census data, the median age in Spokane is 32, and the number of new-home sales in the city has nearly doubled since 2014.
In other words, the average person here is now more than six years older than they were a decade ago.
The city is also home to a thriving startup community, and its population has grown by more than 60% since 2007, to more than 13,000 people.
Now, a young, educated population is looking for work in real estate.
In fact, a 2016 study conducted by the real estate firm CBRE found that, between 2015 and 2019, the number that came to the state for employment doubled.
That’s because the economy is booming, and new housing construction is outpacing the state’s economic growth.
This is a good time to be a realtor, says Alex Noyes, a real estate agent with the National Association of Realtors (NAR).
He has seen a lot of new residents in the last year.
“We’re seeing a lot more young people in the region,” Noyis says.
“They’re coming out of college, they’re looking for new work.
And we’re seeing them looking for the opportunity to make more money.”
The real estate industry is a big part of the equation.
For years, the realtors association has been trying to get the industry to make better deals with young, urban-dwelling families who are starting families in their 20s and 30s.
In 2016, the association launched a website called “The Young Real Estate Professionals Guide,” and Noys helped the agency put together the latest data.
It includes an interactive map that shows where young people from all over the country are looking for homes, as well as a list of resources on how to find a job.
It also includes a list that lists out the top real estate agents in the state.
“It’s not about finding the next big thing,” Noys says.
It’s about making sure we’re helping people who are here now get the jobs they need to succeed.
The top realtor in Spokane for the past year has been the realtor who calls himself Mr. K. He’s been in the business for more than 15 years.
“I’ve been here for 10 years now,” he says.
In addition to the job market, Mr. P. also has a career in public relations.
He worked as an executive at the realty firm of a man named Rick M. who is now dead.
Mr. M. sold the company to Mr. Noyles in 2006, but he didn’t want Mr. C. to run the company.
Mr, P. wanted the job, so he asked Mr. W. for advice.
“Rick is a real leader,” Mr. D. says.
The two met when they were in college, working together on a project that ended up working out pretty well.
“And so he’s very much a mentor,” Mr W. says of Mr. R. “He taught me how to be in the industry.”
Mr. T. is the real-estate agent who also calls himself “Mr. T.”
He says he’s seen a big shift in real-tor demographics over the last 10 years.
He started when he was 16 and now he’s 30.
“People are moving into the region, and they’re going into the real world,” Mr T. says, adding that he was shocked by how quickly his clients came to him after moving into Spokane.
“Now I see the difference that they’re making,” he adds.
He says his clients have a different idea of how they want to be treated than before.
“That’s really important,” Mr Noyess says.
For example, he’s seeing a greater number of young people who want to buy homes.
“In Spokane, people are very concerned about the future,” he explains.
“But the reality is that it’s going to get worse.”
A lot of young, healthy people are going to be displaced by the boom in housing prices.
But there’s one way to help these people out, Noyers says.
He encourages his clients to get a mortgage.
“The first thing you should do is get a loan,” he advises.
“If you’re not sure if you can get a good loan, you should get a home equity loan.”
The first time Mr. S. gets a mortgage, it’s for $500,000.
If the bank does not lend him $500k, he will take out a $50,000 line of credit from the realestate firm.
If that works, he then has to make a down payment of $400,