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Monday, November 18, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: housing


New-home sales tick up as builders slash prices

Sales of new homes rose in September after four straight monthly declines, largely because builders cut their prices in the face of depressed demand.


Spring buying boosts home prices for 4th month

Home prices rose for a fourth straight month in most major U.S. cities in July, buoyed by the peak buying season. But the housing market remains depressed, and prices are …


Rate on 30-year mortgage falls to record 4.09%

Fixed mortgage rates fell to the lowest level in six decades for the second straight week. But few Americans can take advantage of the historically low rates.


Feds sue biggest U.S. banks over risky mortgages

The government has sued the nation’s largest banks, along with a handful of other financial institutions and executives, for violating federal and state laws in the sale of home mortgage-backed …


Lawyers, call centers accused of scam in bank suits

California prosecutors filed a major lawsuit against several lawyers and call center operators for allegedly running a nationwide scam to dupe desperate homeowners into paying thousands of dollars to join …


Home sales nationwide drop to low for year

The number of people who bought previously occupied homes plunged in July. The third decline in four months suggests the depressed housing market won’t help the U.S. economy recover this …


Mortgage rates fall to near-record lows

Fixed mortgage rates fell to at or near record lows. That’s good news for the few who can afford to buy a home or are able to refinance. But the …


Spokane remains hotbed of affordable home prices

A new survey of home listing prices ranks Spanaway second only to Spokane in Washington for low home prices. The survey by real estate firm Coldwell Banker said the average …


First-time home buyers face tough competition

First-time home buyers are critical to the housing industry. Once they get in the door, this enables the former first-timer to move up. In a nutshell, first-time buyers help to …


Home-price index at lowest point since 2006 bust

Home prices in major areas have reached their lowest level since the housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and the reluctance or …


New home sales fall further

WASHINGTON – Home construction in the United States is all but coming to a halt. Americans are on track to buy fewer new homes than in any year since the …


Old consumer loan method applied to home mortgage

Refinancing continues to be a hot topic. Many homeowners who are planning to stay in their homes for the long term are trying to find ways to lock in record …


Home prices fall in major U.S. cities

Home prices are falling across most of America’s largest cities, and average prices in eight major markets have hit their lowest point since the housing bust.


2010 weakest year for home sales since 1997

he number of people who bought previously owned homes last year fell to the lowest level in 13 years. But home sales in December jumped to fastest pace in seven …


Vestal: Project pairs photography with social action

A couple of years ago, when Kathy Hirschel started as an outreach worker at the health clinic in Quincy, Wash., she was shocked by what she saw as she visited …


Jobs remain key factor in 2011 housing outlook

The big wild card in the 2011 housing forecast remains employment. Will the predicted improvement in jobs and household formation balance the negative perceptions brought by rising foreclosure rates and …


Sales of previously owned homes rise in November

Sales of previously owned homes edged up in November, the third increase in four months after a dismal summer for home-buying.


Tiny house movement grows amid real estate bust

GRATON, Calif. — As Americans downsize in the aftermath of a colossal real estate bust, at least one tiny corner of the housing market appears to be thriving. To save …


New home sales rise after dismal summer

Sales of new homes improved last month after the worst summer in nearly five decades, but not enough to lift the struggling economy.


September home sales hit lowest point in months

Home sales in Spokane County last month fell to their lowest level since February, and pending sales were lower still, according to figures released by the Spokane Association of Realtors. …


Spokane woman’s housing subsidy at risk after inheritance

A disabled mother living on federal assistance could very well end up homeless after inheriting money from her father who died last year.


Pace of new home sales second slowest on record

New homes sold at the second-slowest pace on record in August, signaling that the housing market will remain a drag on the economy.


Signs point to economic recovery

Is there any reason for hope in this gloomy summer for the economy? A certain fatalism – that a double-dip recession is inevitable – has crept into a lot of …


Displaced tenants going home

Nearly half of the 41 tenants of a South Hill apartment building were allowed to return to their homes on Friday, three weeks after they were displaced by a suspected …


South Hill tenants displaced by fire return home

Nearly half of the 41 tenants of a South Hill apartment building were allowed to return to their homes today, three weeks after they were displaced by a suspected arson …


Low-income housing residents adrift after fire

More than two dozen residents displaced because of a suspected arson face homelessness in a few days as nonprofit agencies struggle to find money to provide them temporary housing. Firefighters …


Home sales rise as unemployment claims fall

Home sales rose sharply last month and claims for jobless benefits fell last week. The two reports Thursday sketched a picture of a modestly improving economy.


Oversupply will hold down region’s prices, Realtors say

The large number of unsold homes in Spokane and Kootenai counties will keep the pressure on home prices this year, real estate industry officials said Thursday at an annual real …


Consumer confidence falls sharply

Americans’ outlook on the economy went into relapse in February. Rising job worries sent a key barometer of confidence to its lowest point in 10 months, raising concerns about the …


Realtor economist sees ‘fear factor’ going away in ’10

While most housing analysts believe there will be no double-dip recession, the number of foreclosures will continue to hound the industry in 2010. “The only guys predicting a double-dip recession …