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Thursday, April 2, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: housing


Tiny homes for the homeless proposed for Coeur d’Alene, but some officials skeptical

A homeless outreach coordinator in Coeur d’Alene wants to build a village of tiny houses to serve as temporary crisis shelter for people who desire to emerge from homelessness. They …


U.S. home prices climbed again in July

U.S. home prices rose again in July, pulled up by strong gains in Portland, Seattle and Denver.


Housing management company failed to pay minimum wage, Feds say

Federal authorities say a company that manages apartment complexes throughout Washington state has agreed to pay $239,000 to 79 workers for overtime and minimum wage violations.


Sales of new homes tumbled 7.6 percent in August

Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. Activity fell in all regions of the country except the West.


Tom Kelly: Huge tax hit? Spread out cabin payments over time

If you no longer choose to nurse a rental or vacation cabin and want to sell it, you can spread any resulting capital gains tax over time by “playing the …


Spokane drafting a blueprint to ensure affordable housing

Spokane now has a roadmap for creating more affordable housing, rehabilitating problem properties and helping the city develop diverse neighborhoods.


Homebuilder sentiment rises in September as sales improve

Confidence among U.S. homebuilders has surged to the highest level in nearly a year, reflecting a brighter outlook for sales now and into 2017


The Dirt: Catholic Charities to build apartments for homeless families in Spokane Valley

Catholic Charities Spokane plans to start a project in about a month to build a $10.2 million, 51-unit apartment complex for homeless families.


Shawn Vestal: Spokane’s real estate market is (finally) hot

Don’t look now, but things have gotten kind of hot – positively hot-ish – in the Spokane home market.


Average 30-year mortgage rate jumps to 3.50 percent

Long-term U.S. mortgage rates rose this week, with the benchmark 30-year loan reaching its highest level since June. Rates remain at historically low levels, however.


Back-to-school dorm option could make sense

Back to school means back to the books—including the family checkbook. If you are ready to drop your son, daughter, grandson or granddaughter in a college environment, tuition and room-and-board …


Average 30-year mortgage rate rises to 3.46 percent

Long-term U.S. mortgage rates rose this week amid expectations in financial markets that an increase in interest rates by the Federal Reserve may be on the horizon. Mortgage rates remain …


U.S. construction spending unchanged in July

U.S. construction spending was unchanged in July as weakness in spending on government projects offset gains in home building and the strongest month for non-residential construction on record.


U.S. home prices rise in June at slowest pace in 10 months

U.S. home prices rose modestly in June, pushed up by strong sales and a limited supply of available properties.


Average U.S. 30-year mortgage rate unchanged at 3.43 percent

Long-term U.S. mortgage rates didn’t budge this week, remaining at historically low levels that continue to lure prospective home buyers.


U.S. home sales fell in July amid inventory shortage

U.S. homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices.


U.S. new-home sales climb to best level since late 2007

Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low mortgage rates and a solid job market …


Making extra mortgage payments can pay off, but should you?

It’s a strategy that crosses the mind of many borrowers when they take on a home loan: Make an extra mortgage payment or two every year and save tens of …


In flood-stricken Louisiana, housing crisis looms

With an estimated 40,000 homes damaged by deadly flooding, Louisiana could be looking at its biggest housing crunch since the miserable, bumbling aftermath of Hurricane Katrina a decade ago.


How the priciest home on the market in Seattle got a $0 property tax bill

The priciest home now for sale in Seattle is a stunner: A $15 million historic mansion upgraded with sleek modern features and gorgeous views atop Capitol Hill. But one of …


Seattle rental prices overtake Honolulu cost of living

You may not have the surf, Seattle, but you did just beat Honolulu when it comes to renting an apartment. Zumper, an apartment rental website, released its national rent report …


Freddie Mac posts $993M profit in 2Q; paying $933M dividend

Mortgage giant Freddie Mac reported net income of $993 million for the second quarter, down sharply from the same period of 2015.


Home ownership in U.K. at lowest level in 30 years

A new study has found that the proportion of people owning their homes in England has fallen to its lowest level in thirty years.


Seattle real estate offers break from Bay Area

When my girlfriend and I first moved from the San Francisco Bay Area to Seattle last year and told people we had been priced out of California, I got the …


Catholic Charities, Volunteers of America open two new high-rises for the homeless

One hundred chronically homeless people in Spokane will soon have an apartment to call their own. On Thursday, Catholic Charities of Spokane and Volunteers of America celebrated the opening of …


Still-low mortgage rates ushering new refi wave

The last time Mark McCollam refinanced the loan on his three-bedroom house in Los Angeles, he figured mortgage rates would only head higher from there. He was wrong. Not that …


Washington state invalidates common mortgage provision

Laura Jordan came home from work one day to find herself locked out. She had missed two mortgage payments, and the company servicing her loan had changed the locks without …


Record-low U.S. Treasury yield points to rising economic fears

Fear and uncertainty about the global economy are leading investors to embrace the relative safety of U.S. government debt and slashing yields to record lows.


Average US 30-year mortgage falls to 3.48 percent

Long-term U.S. mortgage rates slid to new lows for the year this week amid market upheaval stoked by Britain’s vote to leave the European Union. Rates are at three-year lows …


Housing market heats up in Spokane after years in the doldrums

The housing market in Spokane has heated up after years in the doldrums.