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Thursday, August 6, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: real estate


Real estate broker enjoys fast pace of new business

Melissa Murphy imagined herself pursuing a career in politics, eventually even running for Congress. But stints in D.C., Olympia and the Spokane mayor’s office left her frustrated with the glacial …


Shoreline plan updates could use a little logic

An older couple had finally decided to move. Their landmark lakefront home, the headquarters for family reunions, community events and Sunday religious services, would soon be offered for sale. They’d …


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 …


Spokane home sales up for fourth month

The Spokane Association of Realtors reported 382 closed sales for the month, compared with 332 in April.


Rental homeowners can’t afford to be deceptive

We have some friends who rented a home in the mountains for Memorial Day weekend. It was the only weekend of the summer their entire family could gather. Summer jobs, …


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 …


Store closures offer silver lining

DALLAS — Filling the space vacated by hundreds of Blockbuster and Borders stores may seem like a huge challenge for shopping center landlords, but it may not be. Real estate …


Scam uses Craigslist to post fake home rentals

A scammer, apparently based in Africa, is posting bogus Spokane house rentals on Craigslist. Realtor Jessica Howerton said she was inundated with calls from potential renters of a home at …


Real estate market deep in high-end homes

In 2002, there were four North Idaho homes listed for sale at more than $1 million. Just two sold. But it was a start.


Mortgage forgiveness tax relief differs from home-sale loss

Four years ago, the Internal Revenue Service changed the law that required consumers to pay tax on mortgages forgiven by a lender. Those amounts used to be considered taxable income …


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 …


Bank sues developer Chesrown over loans for Lake CdA development

Mountain West Bank has filed a $12 million breach of contract lawsuit against Marshall Chesrown, whose luxury home and golf course projects in the region have been foiled by economic …


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 …


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 …