Real Estate

Housing
5:16 pm
Fri May 16, 2014

Northwest Mirrors National Shift Away From Single Family Homes

Condominiums in Portland's Pearl District.
Credit mr_jeffreed / Flickr

New housing starts are a key economic indicator. But not all new houses are created the same. A new report issued Friday shows that Oregon and Washington are following a national shift away from single family homes towards more apartment complexes.

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Wash. Real Estate Lease
4:13 pm
Mon November 11, 2013

Nineties Real Estate Deal Proved To Be Money-Loser For Washington State

Nick Cockrell with Washington’s Department of Enterprise Services gives a tour of the state-owned Rhodes Center in Tacoma which, he says, loses about $500,000 a year.
Austin Jenkins Northwest News Network

Originally published on Mon November 11, 2013 3:32 pm

The state of Washington is expected to sign a 30-year lease Tuesday for Seattle’s iconic Pacific Tower on Beacon Hill.

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Marijuana Stores
7:04 am
Mon March 11, 2013

Aspiring Pot Retailers Say Real Estate Is Hard To Find

Greta Carter supports marijuana legalization, but says there’s nowhere to open new stores.
Credit Photo by Amy Radil / Northwest News Network

Initiative 502 allows the state to license marijuana stores. Many aspiring pot retailers are scouting for real estate. But they aren’t having much luck finding space. Legislators say they may need to open up more real estate for the stores if I-502 is going to succeed. KUOW’s Amy Radil reports.

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Tamarack Resort
5:26 pm
Thu February 7, 2013

Western Idaho Resort Muddles Through Extended Limbo

Tamarack's unfinished Village Plaza is southwest of Donnelly, Idaho.
Tom Banse Northwest News Network

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.

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Spokane Suit
5:39 pm
Fri January 11, 2013

Spokane Sues Fannie Mae And Freddie Mac

Fannie Mae and Freddie Mac say don’t have to pay a real estate excise tax because they're government-sponsored enterprises.
Credit Northwest News Network

The city of Spokane, Wash., 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.

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Oregon Federal Foreclosure Assistance Funds
5:51 pm
Mon July 30, 2012

Oregon Has Highest Distribution Rate Of Federal Foreclosure Assistance Funds

A graph showing the rate at which states have used federal “Hardest Hit” dollars.
Northwest News Network

Oregon has been the most aggressive state in distributing federal funds aimed at preventing foreclosures. The state has tapped into nearly half of the $220 million it received under the “Hardest Hit” program. That's a higher rate than any of the other 17 states and Washington, D.C., that were awarded the funds.

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Oregon Foreclosure Mediation Law
5:19 pm
Tue July 10, 2012

New Mediation Law Could Help Struggling Homeowners

A new law will allow struggling homeowners to sit down with their lender to work out an agreement.
Jeffery Turner Flickr

Oregonians facing foreclosure will soon have another tool to stay in their house. A law that takes effect Wednesday allows struggling homeowners the chance to look their lender in the eye.

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Northwest News
5:06 pm
Tue March 27, 2012

Home Prices Continue To Drop In Seattle, Portland

"Home prices in both Seattle and Portland are down again. Photo by Timothy Ellis/Flickr
Photo credit: Timothy Ellis/Flickr Northwest News Network

Home prices continue to fall in the Northwest. New figures released show yet another drop in both Seattle and Portland.

The S&P/Case-Schiller Index measures housing prices in 20 large metropolitan areas around the country. The newest figures are through January and in them, both Seattle and Portland hit new lows for the current economic downturn. Average home prices in both cities are down about four percent from a year ago. Steve Thoele is an agent with Keller-Williams Realty in Portland. He blogs about housing trends in Oregon.

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Music + Culture
2:40 pm
Mon March 12, 2012

Kick Back & Relax to Real Estate

One of my favorite bands, Real Estate stopped by NPR to perform a three-song Tiny Desk Concert.  Real Estate’s latest album Days has been on repeat for me since its release from Domino Records last fall.  For being a surf-rock, lo-fi, breezy pop kind of band this album fits perfectly with a crisp autumn or winter day. 

Watch Real Estate’s Tiny Desk Concert here.