Spokane's housing crunch
A first-time buyer is generally defined as someone who can afford to front 5% of the purchase price of a home and someone who makes at least 70% of the median income for the area, said James Young, director of the Washington Center for Real Estate Research at the University of Washington.
Section:Gallery
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Open land in Spokane Valley, including this new neighborhood of mostly duplexes, is being filled with homes to try and fill the need for housing in the Spokane area.
Jesse Tinsley The Spokesman-Review Buy this photo
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Open land in Spokane Valley, including this new neighborhood of mostly duplexes, is being filled with homes to try and fill the need for housing in the Spokane area. Home prices and rents, along with an influx of new residents, are putting pressure on the real estate market. This neighborhood is near Flora Road and Boone Avenue.
Jesse Tinsley The Spokesman-Review Buy this photo
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Open land in Spokane Valley, including this new neighborhood of mostly duplexes in the foreground and at right, is being filled with homes and apartments to try and fill the need for housing in the Spokane area. Home prices and rents, along with an influx of new residents, are putting pressure on the real estate market. This neighborhood is near Flora Road and Boone Avenue.v
Jesse Tinsley The Spokesman-Review Buy this photo
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New duplexes await tenants in Spokane Valley, where open land is being filled with homes and apartments to try and fill the demand for housing in the Spokane area. Home prices and rents, along with an influx of new residents, are putting pressure on the real estate market. This neighborhood, shown Feb. 21, 2022, is near Flora Road and Boone Avenue.
Jesse Tinsley The Spokesman-Review Buy this photo
-
New duplexes await tenants in Spokane Valley, where open land is being filled with homes and apartments to try and fill the demand for housing in the Spokane area. Home prices and rents, along with an influx of new residents, are putting pressure on the real estate market. This neighborhood, shown Feb. 21, 2022, is near Flora Road and Boone Avenue.
Jesse Tinsley The Spokesman-Review Buy this photo
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