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Spokane real estate market bouncing back

Spokane real estate market bouncing back

Things are looking up for anyone hoping to sell their home as the latest S & P report finds home prices nationally up 10.3-percent in the first quarter of this year.

It's a slower gain than the two previous quarters when prices rose more than 11-percent each, and home prices still remain about 18-percent below their peak in the summer of 2006. But there's a silver lining for buyers and sellers right now as realtors say prices are hot and inventory is low so houses are selling fast.

"In the last week we had about eight showings, so every day I'm getting the house ready, fixed up cleaned up, because people have been coming in and out," Laird Rasmussen said.

Rasmussen has already had two offers this week for his South Hill home, a five bedroom, three bath house with a yard, guest house and a lot of personality.

"Our retro 1939 door handles. Pretty good amount of storage here on the South Hill, we have a lot of storage here," he said.

Right now there are roughly 2,500 homes on the market in Spokane. Realtors say demand is triumphing over actual inventory so when a home is priced well it's selling fast.

Property Taxes Notice

Property Taxes Notice

Rob Chase, Spokane County Treasurer, would like to remind Spokane County taxpayers that first half property taxes are due by April 30 per Washington State law. If payments are mailed to the Treasurer's Office through the U.S. POstal Service, they muct be postmarked on or before the due date (RCW 1.12.070)

Mr. Chase also alerts the publlic to be careful that payments are dropped in a U.S. Postal Service box or station early enough so they are postmarked before the tax deadline. State law dictates that County Treasurers recognize only the cancellation date applied by the U.S. Postal Service to determine timeliness of payments.

Payment options include ACH, debit and credit cards via the Internet, in office, or through our phone system by calling (509) 477-4713 and pressing options #2. Please visit our website at www.spokanecounty.org/treasurer

Attention: Our normal business hours are from 8:30am-4pm, Monday through Thursday and 8:3-am-1:00pm Friday.

Payments can be mailed to the Treasurer's Office at the following address:

Spokane County Treasurer

P.O Box 199

Cyclists ride for affordable housing efforts

Cyclists ride for affordable housing efforts

A national non-profit organization is using bike trip across the country to spread the word about affordable housing causes and give young people the chance for a little adventure.

Bike & Build Inc. offers eight cross country biking trips each summer that gives 18 to 25 year old riders the opportunity to experience first hand the affordable housing need in the United States. The riders stop in towns along the route and help with construction of affordable housing units. They also meet with local officials and community members to discuss affordable housing issues.

"I would say, Bike and Build is an incredible opportunity to get young people out to get across the country and get exposed to housing situations," said rider leader Christopher Clark.

On Wednesday, a group of 30 of the cyclists from Bike & Build rode into Spokane after doing several other trips around the country. They started their trip on June 13 in Providence, Rhode Island and are headed to Seattle.

They've done several projects along the way from Iowa, to Ohio to Montana. As Clark said, it's been more than a trip to help those in need, it has been an adventure.

New Moran Prairie STCU under construction

New Moran Prairie STCU under construction

A new credit union is coming to the South Hill's Moran Prairie. Spokane Teachers Credit Union broke ground on its new 4,096-square-foot branch near Regal and 57th in early July. The branch, located at 5711 S. Hailee Lane, should be finished by mid-October.

This newest STCU will be the 16th branch for the region's largest credit union. STCU actually bought the piece of land the future credit union will sit on back in 2008, but wasn't ready to build the new branch until now.

"The area is growing and it fits the needs of our members who live in the area. Our south branch is only getting busier and busier," STCU spokesperson Dan Hansen said.

The branch was designed by Nystrom+Olson Architecture. It will cost $916,000 and will be built by Walker Construction.

Greater Spokane Incorporated against proposed casino

Concerns that a new casino next to Fairchild Air Force Base would alter flight patterns has Greater Spokane Incorporated speaking out against the project.

Greater Spokane Incorporated recently reviewed the Draft Environmental Impact Statement prepared for the casino/mixed use development by the Bureau of Indian Affairs and concluded it doesn't have Fairchild's best interest in mind.

The Spokane Tribe of Indians wants to build the project.

"Air space is a precious commodity, which is being encroached upon. The proposed development lies directly in the flight path of Fairchild," said Major General Paul Fletcher, a retired former Wing Commander at Little Rock Air Force Base.

With the Department of Defense looking to close another several bases in the next couple years the concern is that a change in flight patterns at Fairchild would put it on the short list.

Eagle Ridge 'Miracle' Home

Eagle Ridge 'Miracle' Home

A new Eagle Ridge home holds the power to change the lives of children. Sunday, everyone is invited to view the home where 100-percent of proceeds from the sale will go towards the Children's Miracle Network.

The home is located at 5501 South Ravencrest in Spokane's Eagle Ridge neighborhood. The house will be open to the public on Sunday from noon until 5 p.m. Members of the Spokane Shock team will be there for a meet-and-greet from noon to 2 p.m.

The home, designed as a rancher by Morse Western Homes, was upgraded to include three additional bedroom, a full bathroom and living area. The home is listed for $389,900 and is 3080 square feet.

Newland Communities, Condron Homes, Morse Western Homes and Homes by George Paras collaborated to make the Miracle Home possible.

“The generosity of the building industry has been overwhelming and because of that the proceeds from the three Miracle Home projects to date will total over $500,000 for the kids in the Inland Northwest,” said Kirsten Carlile, Children’s Miracle Network Director.

Take A Seat At The Silver Cafe

Take A Seat At The Silver Cafe

Spokane is on the cutting edge – at least for Spokane County's Meals on Wheels program.

The county is about to enter territory that has never been explored by opening a Silver Cafe to the public. Normally, Silver Cafes are built in senior homes, where those 60-years-of-age and older can enjoy a home cooked meal for very little or no cost.

The idea to open the cafe to the public started with Pam Almeida, the Executive Director of the county's Meals on Wheels program (not to be confused with Mid-City Concerns Meals on Wheels, which is a different agency.)

“We had been told many times before that our food was good and restaurant quality,” Almeida said. So she thought why should our seniors be the only ones to enjoy the food?

Almeida has been to the Moose Crossing Cafe along Nevada in North Spokane before, but on this particular day there was a sign that simply said: “Because of road construction, we couldn't maintain our customer base.”

They were closed.