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Thursday, September 19, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: real estate

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 …

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.

Real estate forecast dim locally and nationally

Real estate values may be nearing or at the bottom, but recovery to pre-recession prices is years away, national and local industry officials said in Coeur d’Alene Wednesday. Job losses, …

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.

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.

Home sales change little, but foreclosures rise

The number and prices of homes sold in Spokane County last month nearly matched those for July, but foreclosure actions are multiplying.

Local market suffers slowdown as potential buyers remain wary

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 Tuesday. …

Home sales hit 11-year low

LOS ANGELES – The end of a popular government stimulus program drove home sales in July to their lowest levels in more than a decade, fueling fresh concerns about the …

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.

Home sales plunge to lowest in 15 years

Sales of previously occupied homes plunged last month to the lowest level in 15 years, despite the lowest mortgage rates in decades and bargain prices in many areas.

Home sales off sharply in Spokane County in July

Spokane County home sales tumbled in July, but prices slipped only slightly from year-ago levels, according to the Spokane Association of Realtors. A total of 347 homes sold during the …

Buyer sees potential in troubled Black Rock North

A Fortune 500 company is now calling the shots at Black Rock North after purchasing the promissory note on the private golf club overlooking Lake Coeur d’Alene. The arrangement assures …

Spokane home sales up 23 percent in first quarter

Realtors today reported a burst of home sales in Spokane County during the first three months of the year.

Service Team refurbishes old homes for new use

Construction trainees are transforming the intersection of Riverside Avenue and Cook Street from eyesore into a potential minicampus. Two sagging homes on the southwest corner have been connected, and remodeling …

Real estate bust affects everyone

Evidence of the worst recession in decades is apparent in almost any direction around Kootenai County. From the northern routes along Government Way to the midtown thoroughfares in Post Falls …

Kendall Yards given qualified approval for first phase of development plan

Spokane Hearing Examiner Greg Smith on Friday approved the first phase of the revised development plan for Kendall Yards – but with a lengthy list of conditions. He also called …

Spokane home sales improve in February

Home sales in Spokane County improved in February for the fifth consecutive month, according to the Spokane Association of Realtors.

Eighth is enough

New vacation homes are being built slope-side at Schweitzer Mountain Resort, with three bedrooms, 3 ½ bathrooms, large decks and picture windows offering dramatic views of Lake Pend Oreille, all …

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 …

Home sales stay up

Home sales exceeded year-ago levels for the fourth consecutive month in January, but prices continued to weaken and inventory increased. There were 177 closed sales for the month, according to …

Tomlinson Real Estate offices join Coldwell Banker

Tomlinson Real Estate Group Spokane offices Wednesday became affiliates of Coldwell Banker, in the process becoming the national company’s third largest member.

Spokane County ranks low for foreclosures in 2009

The foreclosure rate last year in Spokane County ranked among the lowest in the United States, according to statistics released Thursday by RealtyTrac, which markets foreclosed properties nationally.

Poised for recovery, economy is lurching forward

Americans are feeling better about the economy, home prices are on the rise and companies are forecasting a brighter 2010.

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 …

Out-of-state investors bring suit alleging fraud

A group of California investors has accused a pair of Spokane real estate developers of using a sophisticated scheme that tricked them out of tens of thousands of dollars and …

Home resales in West post 30 percent annual gain

Home sales jumped 30 percent in the Western region of the country in November, driven largely by first-time buyers racing to qualify for a tax credit that was set to …

Tax credit of $6,500 not likely to motivate people to switch homes

When President Barack Obama signed into law the Worker, Homeownership, and Business Assistance Act of 2009, it extended the $8,000 first-time home buyer tax credit as well as offering a …

30-year mortgage rate hits all-time low

The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs.

Spokane home values rise slightly

Home values in the Spokane area are running 2 percent below last year, though they’ve made modest gains in recent months, according to a quarterly report from the real estate …