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The Spokesman-Review Newspaper The Spokesman-Review

Monday, September 16, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: home buying


Potential homebuyers stay out of the market for many reasons, but it comes with a cost

If history teaches us anything, says Rob Higgins, executive officer of the Spokane Association Realtors, it’s that opportunity shouldn’t be spurned.


Finding the perfect house may be difficult, but financing has never been easier

Buying a home has seldom been this easy, especially if you have a solid credit rating and aren’t hampered by student loans or other debt.


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 …


Tom Kelly: Do personal notes work in a hot market?

Do personal notes have any success in a red-hot neighborhood for real estate? There is no specific data but they probably can’t hurt your case. It’s a good idea to …


UPDATED: Fri., Jan. 13, 2017, 11:42 a.m.

Three ways it’s becoming harder for millennials to buy homes

Young people can face a lot of challenges when it comes to buying their first home – and that list may be growing. A house can seem far-fetched for someone …


What Donald Trump’s win could mean for the average consumer

During his presidential campaign, Donald Trump proposed sweeping changes that could have huge implications for the average American’s finances. Since winning the election, Trump has yet to release many specifics …


Wells Fargo will pay $50 million to settle allegations it overcharged homeowners for appraisals

Wells Fargo & Co. reached a $50 million settlement this week with homeowners who alleged that the bank marked up home appraisal fees for borrowers who defaulted on their residential …


Spokane County home sales up 40 percent; prices among most affordable

Spokane County’s housing market is one of the most affordable in the state for both middle-income families and first-time buyers, a new report says. The Housing Market Snapshot from the …


Spokane-area home prices

For 10-10-2013


Spokane home sales down for month, up for year

Home sales in Spokane during September maintained the overall market’s rebound, despite declines in average sales price and total homes sold in the month. Home sales fell to 497 in …


Driveway makeover can enhance home’s style, curb appeal

The driveway that came with the 1921 Craftsman-style house that David Ulick bought five years ago was the original concrete one, marred by cracks and with tree roots starting to …


You, too, can sell your home without an agent

Jeremy Magelky had three things going for him when he set out to sell his home. Home values were rising in Fargo, N.D., and there were few homes for sale …


Invest carefully in improvements to your home

Homeowners are opening their wallets. A rebound in the housing market has made them more willing to invest in renovations that could boost the value of their homes even more …


Borrowers should be prepared for change in loan ownership

Nicki Long’s questions were simple and straightforward: “Who owns my loan?” the single woman asked. “Why is it such a big secret when you try to find out?”


Buyers must be ready to act fast when they find right house

We have friends who lived in the neighborhood for more than a decade then moved away to take jobs overseas. Now, they are planning to return and asked that we …


Kelly: The stigma of foreclosure lifts as lenders alienate borrowers

Our nephew, a high school teacher and coach in Southern California, decided to stop paying on his mortgage a year ago. Matt, 34, is still in the home.


Reverifications help lenders weed out fraudulent borrowers

Can your lender challenge loan data after closing? Credit has become tighter and lenders are spending more time verifying a borrower’s assets, especially for investors. But just how long is …


Big winners share lessons, risks of Powerball win

COLUMBIA, Mo. (AP) — So you just won the $550 million Powerball jackpot, the second highest in lottery history. Now what? Perhaps it’s time for a tropical vacation or a …


SD executes man for rape, death of 9-year-old girl

SIOUX FALLS, S.D. (AP) — A South Dakota inmate was executed Tuesday night for the 1990 rape and murder of a 9-year-old girl who disappeared after leaving her home to …


Renoir artwork from flea market now thought stolen

WASHINGTON (AP) — The Renoir painting that caused a sensation when it was bought at a flea market for $7 may have been stolen from a museum six decades ago, …


Report: Americans feel more confident in economy

WASHINGTON (AP) — Americans are more confident in the economy than they have been in seven months, an encouraging sign for President Barack Obama with six weeks left in the …


Fed unveils bold, open-ended steps to aid economy

WASHINGTON (AP) — Alarmed by the chronically weak U.S. economy, the Federal Reserve launched an aggressive new effort Thursday to boost the stock market and make borrowing cheaper for years …


New Orleans’ post-Katrina gentrification is touchy

NEW ORLEANS (AP) — With Isaac bearing down on New Orleans, the city finds itself at a delicate moment in its rebuilding since Hurricane Katrina struck seven years ago. Private …


What does it mean to buy property in receivership?

Mortgage defaults and delinquencies are common. Distressed properties account for nearly one-third of residential transactions. Foreclosures, short sales, banks’ REO (real estate owned) and bulk sales have become terms and …


FHA becomes tangled in its own safety net

The conventional lending system wants more skin in the mortgage game. We all get that. But should it be an arm and a leg? It’s driving FHA off the playing …


Five factors play key roles in mortgage application

NEW YORK — There’s rarely been a better time to buy a home. If only you could get approved for a mortgage. Despite the persistent uncertainty in the housing market, …


Mortgage rates drop to another low, 4.58 percent

Mortgage rates have sunk to the lowest level in more than five decades, but consumers aren’t rushing to refinance their loans or buy homes.


New normal for home sales

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 …


In brief: Group offers homeownership classes

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 …