Industry NewsMarkets & Economy

Broker counsels agents through slow spell

Part 2: Lessons learned in past downturns
Published on Oct 13, 2008

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by CareyBot

While the impacts of the global credit crunch may be unavoidable, Spokane, Wash., tends to be insulated against the most extreme peaks and valleys in housing cycles, said Ken Lewis, who has worked as a broker for the past 42 years.

"We're hurting like everybody else, but not nearly as bad," he said.

And while the market has slowed down, "This is not the worst I've seen," said Lewis, broker for Prudential Spokane Real Estate. "It's slow, but it's not terrible."

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