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Industry Updates

Fed Holds Rates Steady as Leadership Change Looms

February 4, 2026 | Comments Off on Fed Holds Rates Steady as Leadership Change Looms

The Federal Reserve held rates steady at its January meeting, as inflation remains elevated at 2.7%. Economic growth remains in the good-not-great range, as the labor market showed clear signs of cooling during the second half of 2025. Such an economic backdrop would suggest continued easing for monetary policy. The 10-year Treasury rate is near 4.25%, and the 30-year fixed-rate mortgage is approximately 6.1%. Mortgage rates moved lower last week on the prior announcement that Fannie and Freddie would acquire $200 billion in mortgage-backed securities (MBS) as part of the administration’s effort to improve housing affordability. While most market analysts expect additional…

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Top Color Trends for 2026

January 20, 2026 | Comments Off on Top Color Trends for 2026

With the new year starting, everyone is looking ahead to the new year, and a new year means new possibilities. Brands such as Pantone and Behr are also looking to 2026 and announcing their inspirations for next year’s color trends. Whether you’re helping a client with a bathroom remodel or searching for fresh ideas for a model home, you can use these color trends for inspiration for your next project. Neutrals and rich, luxurious hues dominate the list, but greens are also trending. Here is each brand’s 2026 Color of the Year: Neutrals Dutch Boy: Melodious Ivory – “Creamy warmth…

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New Sales Tax Hits Hard, Causing Confusion and Legal Challenges

October 21, 2025 | Comments Off on New Sales Tax Hits Hard, Causing Confusion and Legal Challenges

Businesses across the state are feeling the brunt of far-reaching new taxes on business services such as information technology, website development, security, temporary staffing, advertising, and software. Even nonprofit associations like the Spokane Home Builders Association will have to start charging taxes on certain live events. While companies like Comcast are suing over the legality of the increases, small businesses are much less able to fight back. And although the Department of Revenue is “still reviewing other rules and guidance documents”, companies are expected to implement these taxes. Washington State already ranks last in the nation for business closures, with a…

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Building a Stronger Future: Our New Mission Statement

June 17, 2025 | Comments Off on Building a Stronger Future: Our New Mission Statement

At the Spokane Home Builders Association, we know that strong homes create strong communities. That’s why we’re rolling out a renewed mission that puts our focus where it matters most. Our commitment is simple but powerful: Promote Building. Protect Housing. Elevate Communities. Promote Building Building isn’t just about putting up houses-it’s about creating jobs, strengthening our local economy, and making sure Spokane continues to thrive. We’re here to educate the public and elected leaders about why homebuilding matters. When we support builders, we support families, businesses, and the future of our region. Protect Housing Owning a home is part of…

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