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Thursday, February 20, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: housing


Tom Kelly: The busiest time to move has arrived

School soon will be out and many kids will be on the move—many back to the folks’ house. While Mom and Dad might have room for some of their stuff, …


Small Talk: Agents say real estate market isn’t as fun as it used to be

Real estate agents are flummoxed by a housing market that’s still trying to recover a decade after its historic collapse.


Average 30-year mortgage rate ticks up to 3.58 percent

Long-term U.S. mortgage rates were little changed this week at or near their lows for the year.


Washington home prices up 8.1 percent over last year

Housing prices across the state continued to rise in the first quarter of 2016, driven by a low supply of homes for sale


Average 30-year mortgage rate falls to 3.57 percent, 3-year low

Long-term U.S. mortgage rates fell this week for a third straight week, posting new lows for the year. The benchmark 30-year rate reached a three-year low.


Fannie Mae posts $1.1B profit in 1Q; paying $919M dividend

Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from a year ago as declining interest rates reduced the value of the financial instruments …


Average 30-year mortgage rate rises to 3.66 percent

WASHINGTON – Long-term U.S. mortgage rates rose this week, lifting from their 2016 lows but remaining historically low during the spring home-buying season. Mortgage buyer Freddie Mac said Thursday the …


New-home sales fall in March for third straight month

Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states.


Freeway views are hot: Homeowners cozy up to urban eyesores

Living near highways, train tracks and other urban eyesores has long been an unfortunate fact of life for residents of big, crowded cities around the world, including in tightly-packed cities …


China: Can’t sue Cabinet-level agency over Chinese drywall

China’s Ministry of Justice has sent back a lawsuit in which thousands of U.S. homeowners say a Cabinet-level agency should pay for damage to their homes from defective drywall made …


U.S. home rents up in March, but signs suggest an easing trend

Americans paid more to rent homes last month, but broader measures suggest that the surging increases of prior years have moderated in much of the country.


Coalition sues Portland over homeless policy

A coalition of business and neighborhood groups are suing the city of Portland and Mayor Charlie Hales in an effort to overthrow a new policy that allows homeless people to …


U.S. home sales rebounded in March after February dip

WASHINGTON – U.S. home sales recovered in March after slumping in February, kicking off a solid start to the spring buying season. The National Association of Realtors said Wednesday that …


Mobile home park resident encounters surprise costs of moving

Virgil Edwards has labored to make his manufactured home comfortable and attractive. He puts long hours into the landscaping and whimsical décor, and figured it was worth something – a …


U.S. home construction tumbled in March

WASHINGTON – Construction of new homes fell in March by the largest amount in five months, with weakness in all regions of the country except the Northeast. Home construction dropped …


U.S. homebuilder sentiment held steady in April

U.S. homebuilders’ confidence held steady in April, reflecting an overall optimistic outlook in the market for new homes even as a gauge of current sales fell slightly. The National Association …


Limited reduction of mortgage principal for stressed homeowners extended

A top federal regulator on Thursday announced a long-awaited initiative to allow some homeowners facing foreclosure to reduce the principal on their mortgages.


Average rate on 30-year mortgage slips to 3.58 percent

Average long-term U.S. mortgage rates edged down this week to their lowest levels of the year, offering a continued incentive for purchasing during the spring home-buying season.


Amazon to set up homeless shelter on Seattle campus

Tech giant Amazon is offering a building it owns in downtown Seattle as a temporary shelter for homeless families.


Inslee signs bill to aid homeless students

TACOMA – In an effort address the rising numbers of homeless public school students in Washington state, Gov. Jay Inslee signed a measure on Friday that aims to help reduce …


Average rate on 30-year mortgage steady at 3.71 percent

Average long-term U.S. mortgage rates were unchanged to slightly higher this week after declining the previous week.


Seattle mayor drops plans for second homeless parking lot

The Seattle mayor has dropped plans for a second `safe lot’ for homeless people living in their cars or recreational vehicles. Mayor Ed Murray says the first lot is costing …


U.S. homebuilder sentiment holds steady in March

U.S. homebuilders remain optimistic that the housing market will improve, but their expectations for sales over the next six months have dimmed just as the spring home-selling season gets under …


Average rate on 30-year mortgage edges up to 3.68 percent

Average long-term U.S. mortgage rates rose this week for only the second time this year.


30-year mortgage rate ticks up to 3.64 percent

Average long-term U.S. mortgage rates rose this week for the first time in two months as global economic anxiety and market turbulence eased.


30-year mortgage rate falls to 3.62 percent

Average long-term U.S. mortgage rates fell this week as anxiety over the global economy persisted. Long-term rates resumed their decline after being unchanged last week following six straight weeks of …


U.S. new-home sales tumble in January; big decline in West

The Commerce Department said Wednesday that new-home sales fell 9.2 percent last month to a seasonally adjusted annual rate of 494,000. Most of the decline stemmed for a 32.1 drop …


Higher interest rates boost Fannie Mae profit

Fannie Mae, the government-controlled mortgage company, said its net income in the fourth quarter nearly doubled on higher interest rates.


U.S. consumer prices show signs of acceleration in January

U.S. consumer prices were unchanged in January, as the rising costs of housing and health care were largely offset by cheaper oil.


Landmark minimum wage increase gets Oregon lawmakers’ OK

Oregon lawmakers have approved landmark legislation that propels the state’s minimum wage for all workers to the highest rank in the U.S., and does so through an unparalleled tiered system …