real estate

Tom Banse / NW News Network, file photo

You can add a new term to your lexicon: "Zoom towns." These are scenic places experiencing a surge of house hunters. Booming demand comes from workers freed by the pandemic to work from home long term.

Housing Markets In Northwest Cities Still Topping The Charts

Dec 26, 2017
Kevin Mooney / Northwest News Network

Home prices continued to climb in Seattle and Portland at some of the fastest rates in the country this year. The latest data show Seattle is still the nation’s hottest market.

Chris Lehman / Northwest News Network

The Oregon House could vote as soon as Tuesday on a measure that would ban most no-cause evictions in the state.

Home prices in the Seattle and Portland metro areas are rising faster than anywhere else in the country right now -- about twice as fast as the national average.

Lois Silver

In the spring of 2008, when future Washington State Auditor Troy Kelley was in the process of closing down his real estate services business, he instructed his operations manager to falsify client spreadsheets and “get rid” of records. That was the testimony Thursday from Jason JeRue, a highly anticipated witness in Kelley’s money laundering and tax evasion trial.

mr_jeffreed / Flickr

New housing starts are a key economic indicator. But not all new houses are created the same.

Nick Bastian / Flickr

Across the nation, home values plummeted after the U.S. housing bubble burst in 2008. But that was not the case in some of the less populous counties in the Northwest.

Tom Banse / Northwest News Network

DONNELLY, Idaho - The real estate crash triggered some big bankruptcies in the Northwest, but few are as spectacular and convoluted as the foreclosure of the unfinished Tamarack Resort in western Idaho. What was supposed to be the Northwest's newest destination resort remains in extended legal limbo, but plucky homeowners are keeping it alive until a new buyer arrives.

Spokane Sues Fannie Mae And Freddie Mac

Jan 11, 2013

SPOKANE, Wash. - The city of Spokane, Washington is suing Fannie Mae and Freddie Mac. The class-action suit claims the two mortgage giants should have to pay a real estate excise tax to Spokane and dozens of other cities across Washington.

When a piece of property is sold in Washington, the seller usually pays a real estate transfer fee. Cities use the tax to fix things like potholes and sewer lines. But Fannie Mae and Freddie Mac say don’t have to pay the tax because they're government-sponsored enterprises.