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Industry Updates

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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Top Five Issues Driving the Spokane Housing Crisis

July 5, 2022 | Comments Off on Top Five Issues Driving the Spokane Housing Crisis

Eight out of 10 Spokane residents can’t afford to buy a home in current market conditions. Read that sentence again. We’re in a housing crisis like never before. Home prices in Spokane rose 30% over the past year alone, hitting an all new high for the average median home price this week at $460, 000. But the recent spike in home prices is only the tip of the housing crisis iceberg; the driving forces behind housing affordability started years ago. It’s past time to take action, and that work begins by getting a clear understanding of what’s driving the crisis.…

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2nd Annual Workforce Development Camp

May 16, 2022 | Comments Off on 2nd Annual Workforce Development Camp

The Spokane Homebuilders Association is hosting the second annual Frame Your Future Workforce Development Camp this weekend. The purpose of this weekend long event is to give high school students hands on experience, and to have conversations with local builders to get a sense of what a career in the trades would look like. With the guidance of industry professionals, students will work together to build sheds that will be used for practical purposes around the Mead High School campus. These sheds present students with the opportunity to learn a wide variety of industry related skills such as blueprint reading,…

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Home Prices April 2022

May 6, 2022 | Comments Off on Home Prices April 2022

Spokane County has reached an all time high for their home prices. The cost of a median priced home has increased by 26.3% since the previous March to almost $430,000. These prices have done nothing to change the fact that 8 in 10 families simply cannot afford any of the homes in Spokane. The reason for this spike in price can be attributed to the high demand for housing out weighing the supply that is being built. Prices this high often lead to a bottleneck of people in the Rental Industry. Potential homebuyers are being shut out by the steep…

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