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Friday, January 17, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: housing

Average 30-year mortgage rate dips to 4.15 percent

Long-term mortgage rates slipped again this week. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate loans eased to 4.15 percent from 4.17 percent last week. The benchmark rate …

Judge rules cleanups of Seattle homeless camps can continue

A federal judge has decided not to impose restrictions on how Seattle and the state of Washington conduct cleanups of unauthorized homeless camps. The Seattle Times reported that two homeless …

Portland developers sue to evict homeless tent camp

Two Portland development companies have filed a lawsuit in order to evict a homeless tent camp across the street from a hotel they are renovating.

Landlords vow lawsuit if proposed Portland ordinance passes

A prominent attorney and lobbyist says to expect a lawsuit if the Portland City Council approves an ordinance that would require landlords to help pay moving costs for tenants evicted …

UPDATED: Tue., Jan. 31, 2017

Fannie Mae-Freddie Mac should be utilities, trade group says

A powerful housing trade group is wasting no time in pushing the Trump administration and Republican-led Congress to address one of the last unresolved issues from the financial crisis, outlining …

UPDATED: Tue., Jan. 31, 2017

Seattle chugs along as America’s hottest home market despite slowing a bit

Seattle’s home-price increases keep surging ahead of the rest of the nation even as the local housing market is showing a clear trend of slowing a bit.

UPDATED: Tue., Jan. 24, 2017

Demand for urban living creates hot market for downtown Spokane apartments

Downtown Spokane has become one the region’s hottest apartment markets, with vacancy rates hovering around 2 percent. Following national trends, much of the demand is coming from empty nesters and …

Existing home sales fell in December as supplies at 17-year low

Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999.

Israel approves 2,500 West Bank settlement homes

Israel said Tuesday it approved 2,500 new settler homes in the West Bank, signaling a major ramp-up of construction just days after the swearing-in of U.S. President Donald Trump, whose …

UPDATED: Mon., Jan. 23, 2017

Landlords can’t have blanket policy of refusing to rent to people with a criminal history, Washington attorney general says

The Washington State Attorney General’s office has sanctioned five property companies for refusing to rent to anyone with a criminal history, saying those policies are a form of de facto …

UPDATED: Fri., Jan. 20, 2017

Lawsuit filed over Seattle’s cleanups of homeless camps

Two homeless people in Seattle filed a federal lawsuit Thursday alleging the city and the state’s cleanups of unauthorized homeless camps are unlawful. The lawsuit, which seeks class-action status, says …

UPDATED: Fri., Jan. 13, 2017

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 …

Ben Carson pushes increased private-sector role in HUD programs

Ben Carson on Thursday detailed his vision for the Department of Housing and Urban Development: One that integrates government assistance programs with “holistic” solutions and greater involvement of businesses and …

UPDATED: Wed., Jan. 11, 2017

Developer Douglass appeals Spokane City Council’s denial of Indian Trail apartment complex

Harley Douglass has appealed the City Council’s universal rejection of his plans to build 750 housing units on 50 acres of property in the North Indian Trail neighborhood, citing disobeyance …

Suddenly, home sale agreements nationwide are falling apart

Spending months to find the perfect home in your price range, only to have your mortgage application rejected, or a home inspection turn up expensive repairs, is a nightmare-one that …

Smaller could be the future for over-50 builders

While a majority of homebuyers age 55 and over is seeking homes about the same size as their present home, builders catering to the age group can no longer afford …

Think about aging and accessibility when buying, building or remodeling a home

Real estate agents and builders say homebuyers should think ahead to their old age when buying, building or remodeling a home.

Long-term mortgage rates fall, breaking 9-week rise

After nine straight weeks of increases, long-term US mortgage rates fell this week.

Mortgage rates, home sales and prices seen rising in 2017

Economists predict mortgage rates will continue to climb this year – just one of the trends that suggest 2017 could be a more challenging year for homebuyers. While mortgage rates …

Seattle’s record apartment boom is ready to explode; what it means for rents

The apartment boom in Seattle has already reached historic heights – more units opened in each of the past four years than ever before. Now, the real boom is about …

Volunteers plan ‘one-stop shop’ for homeless services in Spokane

Businesses, nonprofits and government agencies are teaming up to host a “one-stop shop” for Spokane’s poor and homeless people.

Pending existing-home sales fall on higher mortgage rates

Contracts to purchase previously owned U.S. homes unexpectedly decreased in November on a sudden pickup in mortgage rates and limited inventory, according to figures released Wednesday from the National Association …

Seattle keeps crown as nation’s hottest housing market

For the second straight month, the Seattle area has topped the nation in home-price growth, even during what is normally a slow time of year for home sales.

Tom Kelly: During a New Year visit a main-floor bedroom, bath come in handy

Hosting parents or older guests, especially those scheduled to stay overnight for the first time, requires particular preparation. Homey seasonal touches can make friends and family feel welcome, yet safety …

Long-term mortgage rates at highest levels since 2014

Long-term US mortgage rates climbed again this week, hitting the highest levels since 2014.

Mnuchin faces more heat from Democrats on OneWest foreclosures

Treasury Secretary nominee Steven Mnuchin is facing growing pressure from Senate Democrats to account for his leadership of a bank accused of shoddy foreclosure practices.

Some homeless camp sweeps stopped by civil rights monitors

As Seattle works to clean up homeless camps in the city, some efforts have been stopped for not following protocol.

Job-loss insurance coverage can help cover mortgage payments

Job-loss insurance will pay an individual’s monthly mortgage payment, including principal, interest, taxes and any escrow impounds, should the insured become involuntarily unemployed. Self-employed and seasonal workers typically are not …

U.S. home price gains lift household wealth to $90.2 trillion

A healthy increase in home values and higher stock prices drove up U.S. household wealth in the July-September quarter, though the gains are largely concentrated among wealthier Americans.

Audit finds problems with Oregon housing agency

Amid a housing shortfall that political leaders say is a priority to address, Oregon’s lead state agency on affordable housing is falling short on its responsibility to help guide policymaking …