Packed In: Stakeholders call on Spokane City Council to revise Housing Action Plan
A new petition is calling on Spokane leaders to take immediate action to allow for more homes to be built to keep up with the demands of the growing community.
Sections
Extras
Watch Now
A new petition is calling on Spokane leaders to take immediate action to allow for more homes to be built to keep up with the demands of the growing community.
The Inland Northwest has a housing shortage. Right now, there's only a 10 day supply, according to the Spokane Association of Realtors. There's high demand to build, but more people can't afford escalating prices.
The median price for a home in Spokane is now $375,000. Just a year ago it was $289,900. These hikes are pricing out buyers who can't keep up with the increases, but some experts say zoning changes could help.
More people want to call picturesque Coeur d'Alene home, and people are willing to pay top dollar to do so. Home prices have risen 47% in the last year, making the median price for a home $476,000. Nearby towns are starting to feel those effects, too.
SPOKANE, Wash. -- More people are moving to Spokane, and homes are harder to find. The Spokane Association of Realtors says there is currently only an 11-day supply…