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The Spokesman-Review Newspaper The Spokesman-Review

Wednesday, November 20, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: housing market


Pending home sales reached a 21-month high in September

More Americans signed contracts to buy homes in September, a sign that the housing market is still benefiting from lower mortgage rates.


Young homebuyers scramble as prices rise faster than incomes

For millennials looking to buy their first home, the hunt feels like a race against the clock.


UPDATED: Wed., Dec. 19, 2018

Housing shortage looms on Spokane’s West Plains

Job growth will bring thousands of new residents to the West Plains over the next two years. Finding places for them to live will be a challenge.


UPDATED: Fri., Oct. 19, 2018

U.S. home sales fell in September to slowest pace in three years

U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy.


As sales plunge, King County home inventory has biggest jump on record

The better news for homebuyers in King County keeps coming: Inventory is way up. Sales are way down. And prices have stopped skyrocketing.


U.S. home sales fell 0.7 percent, 4th straight monthly decline

U.S. sales of existing homes slipped for the fourth consecutive month, declining 0.7 percent in July to the slowest pace in more than two years as the real estate market …


Housing market gone bonkers leads to leaps in Spokane County assessments

Leaps in property assessments will lead to higher taxes in some cases, but it’s not an easy calculation.


Seattle extends its run as the nation’s hottest housing market

The Seattle-area housing market surge has reached new heights, again: The region has now led the nation in home price increases for 14 months in a row, tied for the …


Affordable single-family homes becoming scarce in Bellingham

Bellingham’s housing market is going through the roof, driven by a surge in demand for single-family homes.


UPDATED: Wed., May 17, 2017

Household debt tops 2008 peak, but Americans’ finances are better

The recovery from the Great Recession has hit a milestone: Total household debt climbed to $12.73 trillion in the first quarter to top the peak reached in 2008 before the …


Housing recovery has some big winners – and a lot of losers

A controversial report last week from Trulia, the popular real estate website, upends conventional wisdom that the housing market is back to where it was in the halcyon days of …


For millennials ready to buy a home, the pickings are slim

For years, millennials looked at owning a home as a distant fantasy. Student debt and a weak job market seemed to conspire to keep this generation stuck in their parents’ …


UPDATED: Wed., Feb. 1, 2017

Potlatch: Housing market recovery expected to continue

Potlatch Corporation’s profit in the last quarter of 2016 was four times that of the same quarter a year earlier, the Spokane-based forestry, wood products and real estate company reported …


UPDATED: Sun., Jan. 22, 2017

Seattle has second-lowest rate of homes for sale in U.S.

Why is it so expensive to buy a house in Seattle right now? People in the real-estate industry point to a broad problem: No one is selling their house.


Average U.S. 30-year mortgage rate eases to 3.47 percent

Long-term U.S. mortgage rates declined this week, moving closer to historically low levels.


Tom Kelly: The dangers of owning a long-distance retreat

If you snooze, you lose. It’s right up there behind Murphy’s Law as one of the surest things in life.


Housing activity boosts March hiring in Idaho

Idaho’s unemployment rate dropped to 3.8 percent in March, thanks in part to increased housing market activity.


Stronger housing market boosts Potlatch earnings

Potlatch Corp.’s income grew by 27 percent last year and the Spokane-based company is expecting another strong year in 2015, based on continuing recovery in the U.S. housing market, officials …


Housing market moves toward gains

HACKENSACK, N.J. – The housing market – staggering under a slow economy and still paying for the excesses of the boom years – may start to stir to life in …


Use the winter housing market to your advantage

Just your luck — you have to sell your home in winter, the slowest and dreariest sales season of all. But cheer up. You can use staging, the reduced competition …


Processing delays, not recovery, cited for drop in repossessions

LOS ANGELES – Fewer Americans had their homes repossessed by banks or were put on notice for being behind on their mortgage payments in April compared to a year ago. …


Spokane County foreclosures rise; Kootenai County down

Foreclosure filings on Spokane County homes rose to 252 in April, the highest number since October, RealtyTrac reported today. Banks took ownership of 84 homes and issued notices of foreclosure …


Recent home-price gains starting to vanish

LOS ANGELES — The home price gains made after the housing market bottomed in spring 2009 have vanished, with 10 cities posting fresh lows in February, according to a closely …


Real estate market deep in high-end homes

In 2002, there were four North Idaho homes listed for sale at more than $1 million. Just two sold. But it was a start.


Awaiting a ‘lost decade’ for housing market

NEW YORK – The slide in U.S. home prices may have another three years to go as sellers add as many as 12 million more properties to the market. Shadow …


2009 a terrible year for Western lumber production

The Western lumber industry had its worst year in 2009 since records have been kept and the outlook for this year is even more dismal.


Uncertainties blamed for drop-off in Spokane home sales

Economic and political unknowns are slowing Spokane home sales much as they have in the rest of the United States, the president-elect of the Spokane Association of Realtors said today.


Washington state’s home sales strong; prices lower

Second-quarter home sales in Washington jumped almost 28 percent over 2009 levels as buyers rushed to take advantage of an expiring $8,000 federal income tax credit. But a report released …


Foreclosures drive home sales in Kootenai County

Slightly more than one out of three homes sold in Kootenai County during the first quarter of 2010 was in foreclosure or already bank-owned, according to RealtyTrac.


House OKs homebuyer tax credit extension

WASHINGTON — Homebuyers would get an extra three months to complete their purchases and qualify for a generous tax credit under a bill overwhelmingly passed by the House on Tuesday. …