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New Worthy Hotel rendering released

New Worthy Hotel rendering released

An updated rendering of the new Worthy Hotel that is being built on the corner of Spokane Falls Boulevard and Washington has been released. The new rendering keeps the traditional brick style while adding several features.

This new rendering shows a street level patio and restaurant as well as a second level balcony and penthouse. The middle section of the hotel now comes out adding some depth rather than being a flat plane. There is also an updated sidewalk and valet treatment.

The hotel is scheduled to open July 2015.

First rendering of downtown Spokane convention hotel released

First rendering of downtown Spokane convention hotel released

The Spokane Public Facilities district released the first rendering of new "convention" hotel at Spokane Falls Blvd and Washington Street, across from the INB Performing Arts Center.  The image was released following the PFD's approval of the property.

News release from the Spokane Public Facilities District:  

Historic, Modern Home for sale on the South Hill

Historic, Modern Home for sale on the South Hill

One of Spokane's most historic homes is on the market for the first time ever. You can own the mid-century, Modern home of Joel E. Ferris, II and his wife Mary Jean for $1.1 million.

 

The South Hill home is one of only two Modern architecture homes listed on the Spokane Register of Historic Places. The home was designed by Bruce Walker and completed in 1955. Walker also designed the Ridpath Motor Inn (1964), the Spokane Opera House (1974) and the Metropolitan Financial Center which is now occupied by Wells Fargo (1984). In 1960, the Ferris home won the First Honor Award from the American Institute of Architects.

 

Joel and Mary Jean loved the simplicity of Modern, post-war, design. They opened JOEL Inc. in Downtown Spokane in 1950 because the market for Modern furniture and home goods was lacking. The Ferris' wanted their family home to reflect this love, but the neighborhood association around Comstock Park didn't approve of the unique design.

 

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

Spokane real estate market still slumping

Spokane real estate market still slumping

Is the Spokane real estate market finally bouncing back?  Not yet, according to the latest statistics from Realtor.com:

Median list prices for homes in Spokane, WA hit $185,000 in August 2012, a -2.58% decrease from one year ago this month, and -2.12% decrease from July 2012. 

The national median list price in August 2012 was $190,000, a 0.05% increase compared to August 2011.

Active for sale inventory of homes in Spokane, WA in August 2012 leveled out at 3,166, a -13.47% decrease compared to August 2011.

National inventory counts for August 2012 were 1,843,736, a -18.68% decrease as compared to a year ago. 

The median age of inventory in Spokane, WA in August was 77 days, a 8.45% increase compared to July 2012. 

Nationally, the median age of inventory was 91 days, a 3.41% increase compared to July.

Two of the three key indicators are going in the wrong direction, at least from the perspective of homeowners and home sellers.  Of course, if you're a first-time home buyer, this is all good news!

For details on all 146 metro areas monitored by Realtor.com in August 2012, click here.

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.

Spokane Real Estate Market: Turning The Corner?

Spokane Real Estate Market: Turning The Corner?

Has the Spokane real estate market finally bottomed out?  Hard to say just yet, but the latest statistics indicate that we might be close.  Here are the highlights from realtor.com

  • The median list price for a home on the market in January was $179,950.  That's virtually the same as it was one month ago ($179,000), and one year ago ($180,000.)  Staying flat is nothing to get excited about, but it sure beats the steadily falling prices we've seen over the past few years.
  • Another positive sign - the median number of days on the market has dropped from from 116 to 110 over the past year.  
  • Also, the number of homes for sale has dropped 15% since January, 2011, to 2,534.  Now, that could be because some frustrated home sellers have given up and pulled their house off the market.  But let's be optimists, right?  It's because homes are finally selling again!  The tide is turning!

Click here to see all the details, and how Spokane stacks up against other cities.