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Latest from The Spokesman-Review
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Oversupply will hold down region’s prices, Realtors say
February 26, 2010 in Business on Page A10
The large number of unsold homes in Spokane and Kootenai counties will keep the pressure on home prices this year, real estate industry officials said Thursday at an annual real …
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Consumer confidence falls sharply
February 23, 2010 in Business, Nation/World Americans’ outlook on the economy went into relapse in February. Rising job worries sent a key barometer of confidence to its lowest point in 10 months, raising concerns about the … 1
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Realtor economist sees ‘fear factor’ going away in ’10
January 17, 2010 in Business on Page E2 While most housing analysts believe there will be no double-dip recession, the number of foreclosures will continue to hound the industry in 2010. “The only guys predicting a double-dip recession … 5
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30-year mortgage rate hits all-time low
December 3, 2009 in Business The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs.
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3 strong economic reports lift recovery hopes
November 2, 2009 in Business, Nation/World Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.
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Home sales rise 9.4 pct in Sept., beats forecast
October 23, 2009 in Nation/World Home resales in September clocked the largest monthly increase in 26 years as buyers scrambled to complete their purchases before a tax credit for first-time owners expires.
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House permit applications fell last month
October 21, 2009 in Business on Page A10 WASHINGTON – Applications for home building permits, a key gauge of future construction, fell in September by the largest amount in five months – a discouraging sign for the housing …
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Modern apartment units rising in Peaceful Valley
October 2, 2009 in Business on Page A12 Spokane architect Chris Olson wasn’t afraid to try something different with his first residential apartment building. A principal with the Spokane firm nystrom olson collins, he’s a month from finishing …
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New normal for home sales
September 9, 2009 in Business on Page A8 The American dream of homeownership is still attainable. Buyers just have to deal with a new set of realities. A year after the collapse of the housing market triggered the …
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Hard-hit sectors rebound
September 2, 2009 in Business on Page A14 WASHINGTON – Two sectors of the economy that have suffered the longest, deepest decline in the recession – manufacturing and housing – are now expanding, according to new data offering …
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Buy a house, get paid
August 20, 2009 in City on Page A1 Jared and Meredith Lyda expect to receive a check from the federal government within the next few weeks. The $8,000 tax credit should cover the renovations the Coeur d’Alene newlyweds …
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In brief: Group offers homeownership classes
August 20, 2009 in Washington Voices on Page N4 SPOKANE VALLEY – The Community Frameworks HomeStarts homeownership program will provide information regarding the homeownership process and opportunities during meetings Aug. 31, Sept. 24 and Sept. 30. All meetings are …
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Home sales increase in Spokane; prices still lagging
August 12, 2009 in Business Home sales picked up in Washington state in the second quarter compared with last year — the first quarter-over-quarter improvement in sales numbers in more than two years, according to …
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Housing markets begin to stabilize
July 27, 2009 in City, Idaho Two newly released figures on housing sales nationwide indicate the housing market may be starting to rebound, and recent sales figures in Spokane and Kootenai counties seem to show that …
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Fairchild unveils new on-base housing
July 8, 2009 in City As they moved among Air Force bases in Texas, Florida, California and Kansas, the Rowell family has lived in a wide range of military housing over the past two decades …
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Homeless vets to get help with housing
June 20, 2009 in City on Page B2 As many as 35 homeless veterans in the Spokane area will receive housing assistance this year through a $75 million nationwide program. The federal Veterans Affairs Supportive Housing Program provides … 1
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Housing for poor gets cash infusion
June 5, 2009 in City on Page A1 Nearly $20 million in federal help will be coming into Washington and Idaho to prop up low-income housing projects stalled by the recession. The money – $11 million in Washington … 1
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Jobless claims top 6 million for first time
April 16, 2009 in Business, Nation/World The number of people receiving jobless benefits exceeded 6 million for the first time, the government reported Thursday, and housing construction unexpectedly plunged to its second-lowest level on record — …
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County looks at clustering homes on rural land
March 29, 2009 in News Spokane County will begin a series of public hearings this week for residents to comment on rules designed to give landowners more flexibility in developing rural land while preserving open … 1
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Retirement is hardly the end of her work
December 28, 2008 in City on Page A1 A year ago, Arlene Patton retired from her job overseeing the Eastern Washington region of the U.S. Department of Housing and Urban Development. It didn’t last long. Within weeks, the …
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Mortgage renegotiator adds workers
December 16, 2008 in Business on Page A9 A new Coeur d’Alene company has found a promising niche in mortgage loan modification just as Idaho and Washington officials are advising consumers to be cautious using such services. Apply …
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High price of affordability
October 5, 2008 in Business on Page A1 A public agency rehabilitating two historic Spokane buildings to house low-income tenants expects to spend as much as $245,000 per apartment. That’s more than the average price of single-family houses …

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