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Stories tagged: real estate

Spokane County’s median home price continues rise in June

Spokane County’s median home prices rose to $246,250 in June, but the number of sales dropped off slightly.

Large storage development planned near Spokane airport

A $5.5 million storage unit development is being built on Geiger Boulevard, according to permits filed with the county, just northwest of a 2.5-million-square-foot building that is believed will be …

Looking for a Spokane area home? Prices vary by neighborhood

Spokane County’s median sales price of $240,000 masks a wide variation in home prices by neighborhood. In Liberty Lake, the median price was $372,320 in May. In East Central, it …

Office building revamp to benefit Passages Family Support addiction-recovery organization

A $700,000 renovation of a building just off Sunset Boulevard in west Spokane will remake nearly 34,000 square feet of office space, according to permits filed with the city.

Finding the right house in Spokane’s competitive market: A tale of two families

Two families talked to The Spokesman-Review about what it’s like to be house hunting this summer in Spokane’s competitive real estate market.

UPDATED: Mon., June 4, 2018, 7:33 p.m.

Research airplane photographs Spokane real estate and finds 50 new construction sites since last year

For the past few days, real estate research company CoStar Group has been circling the Spokane area and taking pictures of its construction sites to gather data about the area …

UPDATED: Tue., May 29, 2018, 9:32 a.m.

Sportsplex plans get OK from state regulators as legal wrangling plays out with property owner

A state committee signed off last week on plans that would build the $42 million structure by the end of 2020. The city still has to figure out an ongoing …

Easing downtown Spokane building height caps could get second look from commission

The Spokane Plan Commission will consider at its June 13 meeting whether to reconsider its endorsement of a proposal that would lift building heights along Spokane Falls Boulevard near Riverfront …

Assessed value and your tax bill: Government spending has greatest impact on how much you pay

Property taxes and the tortured terminology surrounding them leave many homeowners confused. In the end, though, it’s pretty simple.

UPDATED: Tue., May 1, 2018, 3:13 p.m.

Technology streamlines mortgage process

With advancements in technology, the options have expanded far beyond the local lender office you drive by on your morning commute to inlcude an almost completely online process that can …

UPDATED: Mon., April 30, 2018, 4:23 p.m.

Realtors say Zillow, other websites are inaccurate and confusing but lead buyers to those in the know

Zillow is a useful, if imperfect, tool for home hunters. But real estate agents aren’t really happy about its dominance, even if they recognize the role Zillow and other online …

Spokane’s affordable housing, pace of life attract people priced out of other West Coast cities

Spokane’s housing prices are attracting people to the area. Realtors say they’re seeing young couples priced out of other West Coast markets and retirement-age people who don’t want to deplete …

Opulence on stage for a million or more

The numbers are eye-popping. Two, three, four, five million dollars for a luxury home. In Spokane County, a couple who made money investing in gold mining is ready to downsize.

Finding the balance: Realistic expectations reduce stress of buying or selling

Buying or selling a house can be an emotionally fraught time. Having realistic expectations for the process reduces the stress, a local real estate agent says .

UPDATED: Tue., May 1, 2018, 9:58 a.m.

Net-zero living: Liberty Lake house will generate enough electricity to offset residents’ energy use

Greenstone Homes built a net-zero home in Liberty Lake. Solar panels on the roof produce enough electricity to offset the residents’ energy use in the ultra efficient house.

Home inspections help buyer avoid surprises

Home inspectors are charged with finding the smallest to biggest problems with the interior and exterior of a home for a prospective buyer in hopes of helping them make the …

Interest in buying historic homes grows

Buying a historic home and take on the resulting upkeep and renovations can be gratifying, and challenging.

Selling a home for the first time? Know the market and what costs to expect to avoid frustrations

Kenneth Sax, president of the Spokane Association of Realtors and designated broker at Keller Williams Realty, said it’s important for first-time home sellers to understand if they are in a …

Shawn Vestal: South Hill homeowner files lawsuit to remove racist restrictions in property documents

Alex May, a 34-year-old software developer who grew up in Spokane, moved back to town last fall with his wife and family. They bought a home in the Comstock neighborhood. …

The elegant life: Historic Coeur d’Alene home on market for $8 million

Stanly Easton, chairman of the Bunker Hill Mining Co., built a 14,000-square-foot house in Coeur d’Alene’s Sanders Beach neighborhood in 1922. The historic home is on the market for about …

Yellen says prices ‘high’ for stocks, commercial real estate

Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.

Spokane responds to hot real estate market with housing infill

As home prices climb and apartment vacancy rates plummet, Spokane is going through a moment in housing that developers and urban officials believe presents an opportunity to grow Spokane without …

Tom Kelly: Some landlords are forgetful, but this one nearly disappeared

If you gather a group of investor-landlords in the same room, there’s usually no shortage of stories about disaster renters.

UPDATED: Tue., Dec. 12, 2017, 11:55 a.m.

Spokane-area’s strong home-buying streak continues in November

Spokane-area home sales continued at a strong pace in November, benefiting from mild temperatures and the lack of significant snowfall. Strong demand for homes and inventory shortages will continue in …

UPDATED: Wed., Nov. 15, 2017, 9:10 p.m.

GOP tax plan would erase tax deductions on lake homes

People who own vacation properties wouldn’t be able to deduct the interest paid on second-home mortgages under House Republicans’ proposed tax overhaul.

Zombie houses plague neighborhoods and leave families heartbroken

Willabelle “Willy” Godfrey had always told her family she hoped another family would move into her home one day and start their own story after she died. Instead, the property …

UPDATED: Fri., Nov. 3, 2017, 4:30 p.m.

Spokane County’s strong housing market continues into fall

Homes continue to sell briskly in Spokane County, with the number of sales in October rising by nearly 20 percent over last year.

UPDATED: Thu., Nov. 2, 2017, 8:27 p.m.

Report on trends gives Spokane/Coeur d’Alene market high marks for homebuilding potential

The Spokane area ranks near the top of the list of the nation’s homebuilding “markets to watch,” according to a new report examining real estate trends from the Urban Land …

Long-term mortgage rates unchanged: 30-year at 3.83 percent

Long-term mortgage rates are unchanged this week: The 30-year fixed-rate mortgage remained at 3.83 percent; the 15-year home loan, popular among homeowners who refinance their mortgages, stayed at 3.13 percent, …

UPDATED: Wed., Sept. 27, 2017, 8 a.m.

U.S. pending home sales fell 2.6 percent in August

Fewer people signed contracts to buy homes in August, marking the fifth decline in the past six months. The 2.6 percent decline continues to reflect the worsening shortage nationwide of …