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Spokane’s Cooling Housing Market?

August 9, 2022 | Comments Off on Spokane’s Cooling Housing Market?

Spokane’s housing market is currently wavering on the razor’s edge of too hot to handle, and too cold to hold. For the first time in over a decade, July 2022 saw housing inventory increase, while the greatest year-over-year decrease in home purchases also occurred.   So, what’s happening? How can we be in a housing crisis, while also simultaneously having surplus supply and lowering demand for houses?   Like all complex issues revolving around our local and federal economy, there are several factors that are all contributing to this problem.   Well, like everything having to do with housing, it’s…

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Making Space For Change

July 19, 2022 | Comments Off on Making Space For Change

  At the end of June, the Spokane City Council voted to adopt some long overdue code amendments easing restrictions on Accessory Dwelling Units (ADUs), Short Plats, and lot sizes requirements. These changes come at a time in which Spokane is facing a critical housing crisis and urgent action is necessary. In fact, the Mayor’s Housing Task Force has stated, “the lack of (housing) supply has contributed to the cost of ownership and rent increasing by 50% over the last two years – an unsustainable amount for the more than half of our residents that are living in extreme poverty…

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Workers in the Spokane Homebuilding Industry Receive Over $5.1 Million in Insurance Returns

July 11, 2022 | Comments Off on Workers in the Spokane Homebuilding Industry Receive Over $5.1 Million in Insurance Returns

More than 360 members were rewarded for workplace safety and received $5,106,610 in returns at The Spokane Home Builders Association’s annual Membership BBQ on June 24. ROII stands for return on industrial insurance and it is the state’s largest, longest-operating Retro (Retrospective Rating) safety incentive program. The Retro program rewards businesses that are dedicated to workplace safety with a partial refund on their Labor and Industries insurance premium. At a time when the need for more housing units and skilled workers to build those houses is much greater than the supply, incentives like ROII are important for ending the housing…

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Elections Have Impact

July 6, 2022 | Comments Off on Elections Have Impact

Every election has an impact on your life… but the 2022 County Commissioner Races will be especially impactful.   Why will County Commissioner Elections be so impactful? They will shape the future of housing and economic development in Spokane.   The 2022 County Commissioner Race is not only going to impact your lives today, but will lay the foundation for what Spokane will look like for decades to come. Commissioners are responsible for the County’s administration, management, budget, planning and economic development, road and bridge improvements, the maintenance and renovation of County Assets such as public works facilities, and what…

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