WASHINGTON — U.S. consumers in December increased their borrowing at the fastest pace in three months. The result suggests that consumer spending should remain strong in the coming months.Borrowing expanded $21.3 billion in December, the strongest showing since an...
Date: 02/06/2016 | Business Wire
SEATTLE — An embattled Everett-based real estate developer could lose one of his two Bellevue homes if a court-appointed receiver gets his way. The receiver, Michael Grassmueck, asked U.S. District Judge James Robart for permission Tuesday to sell developer Lobsang...
Date: 02/03/2016 | Local News
WASHINGTON — Americans rushed to buy new homes in December at the strongest pace in 10 months, with 2015 marking the strongest year for this segment of the housing market since 2008.
Date: 01/27/2016 | Business Wire
EVERETT — A court-appointed receiver wants to sell off Potala Place and Farmer's Market and three other real estate projects belonging to an Everett-based developer accused by federal authorities of committing fraud.The U.S. Securities and Exchange Commission is suing...
Date: 01/23/2016 | Business
WASHINGTON — Home rental price growth turned tame in December — a sign that a burst of new apartment construction last year may be relieving cost pressures.Real estate data firm Zillow said Friday that median rent rose a...
Date: 01/23/2016 | Business Wire
EVERETT — State of the city addresses tend to be a laundry list of accomplishments, wish lists and jokes, and seldom contain any surprises. By necessity, they are almost always optimistic.
Date: 01/21/2016 | Local News
EVERETT — A California developer has offered to buy nearly 10 acres of industrial land in northeast Everett from the Port of Everett for about $2.85 million.The proposed sale comes after months of negotiations with Panattoni...
Date: 01/12/2016 | Business
WASHINGTON — Americans appear less inclined to buy new homes as the year ends. Sales improved in November only because fewer people bought new homes in October than initially reported.
Date: 12/24/2015 | Business Wire
Think you want one? Businesses offer a tryout first
Date: 12/24/2015 | Home and Garden
In a city of rentals, the house at 2311 19th St. in north Everett could be a tipping point.Real estate broker Saman Kouretchian bought the house in March when it was being rented room by room.
Date: 12/02/2015 | Local News
WASHINGTON — Donald Trump knew a man he named as a senior business adviser in 2010 had been convicted in a major Mafia-linked stock fraud scheme, according to Associated Press interviews and a review of court records.
Date: 12/04/2015 | Nation & World
Norwegian immigrant Almer Skotdal arrived in the U.S. like so many others seeking a better life. He came to Everett in 1930, slept on a cot at the local YMCA, and made plans to start his first venture, West Coast Dairy. Some 35 years later, he sold the company and invested...
Date: 12/03/2015 | Business
In a city of rentals, the house at 2311 19th St. in north Everett could be a tipping point.
Date: 12/02/2015 | Business
EVERETT — It's the latest in a long line of projects expected to bring people and, hopefully, a new sense of energy to downtown Everett.The seven-story Aero Apartments has opened at the corner of Hewitt and Rucker avenues. Already more than half of the 102 apartments...
Date: 11/30/2015 | Business
BELLINGHAM — In his office on Newmarket Street in the Barkley District, Patrick Starr entered search terms into an online real estate database and came up with a list of properties for sale for more than $4 million in King County.An untrained eye might not have noticed...
Date: 11/24/2015 | Business
EVERETT — A developer and gym owner is seeking approval on plans to build a 45,000-square-foot sports facility in south Everett.Ed Ducheane, who owns 8.4 acres in the 11500 block of Airport Road, said the proposed facility would have 10 courts for basketball,...
Date: 11/23/2015 | Local News
EVERETT — The YMCA of Snohomish County on Friday finalized its purchase of Everett Public Schools’ former Educational Service Center at 4710 Colby Ave.
Date: 11/23/2015 | Local News
WASHINGTON — U.S. home rental prices rose at a slower pace in October, a possible sign that apartment costs are testing the upper reaches of renters' incomes.Real estate data firm Zillow said Friday that median rents increased a seasonally adjusted 4.5 percent from a...
Date: 11/21/2015 | Business Wire
VANCOUVER, Wash. — Vancouver is seeing a sharp uptick in multifamily residential units under review or construction after years of sluggish development.
Date: 11/10/2015 | Northwest
LAKE STEVENS — A national homebuilder that has developed several projects in the Puget Sound area is starting to market a new development in Lake Stevens.
Date: 11/10/2015 | Business
The question of how to create more affordable housing has been a hotly debated topic this year, especially in the city of Seattle with the release last summer of the Housing Affordability and Livability Advisory Committee's recommendations.This is a critical discussion and I...
Date: 11/08/2015 | Commentary
EVERETT — The owners of an Everett apartment building have entered into an agreement with the state Attorney General's Office to settle racial discrimination claims.The agreement, called an "assurance of discontinuance," states Renton-based
Date: 11/05/2015 | Local News
MARYSVILLE — The city of Marysville has entered into a contract to buy the old Welco Lumber mill site adjacent to I-5 on the Ebey Slough waterfront.A joint appraisal put the value of the property at $2.78 million, although the city is evaluating and testing the soil on...
Date: 10/27/2015 | Local News
EVERETT — A federal judge has cut off a developer accused of securities fraud from his Everett-based companies.Lobsang Dargey's businesses, bank accounts, records and other properties will be controlled by a third-party, called a receiver, appointed by U.S. District...
Date: 10/23/2015 | Business
WASHINGTON — Americans snapped up more homes in September, suggesting that the U.S. housing sector remains insulated from global economic turmoil.
Date: 10/23/2015 | Business Wire
SAN JOSE, Calif. - Ilam Mougy wanted to green up his condominium with solar power.
Date: 10/23/2015 | Business Wire
EVERETT — A potential deal for Everett to sell one of its public works buildings has stalled, apparently, despite rumors that a sale was imminent.The city's Public Works Service Center Annex, a Mission-style building at 2802 Pacific Ave., houses the city's Utility...
Date: 10/20/2015 | Local News
BOTHELL — Real estate firm MainStreet Property Group announced the sale of a Six Oaks Apartments + Retail in downtown Bothell for $63 million. The 203-unit apartments with a ground floor retail at 18333 Bothell Way NE, Bothell, opened in September 2014. MainStreet...
Date: 10/20/2015 | Business
BILLINGS, Mont. — A one-time billionaire real estate mogul who’s languished in a Montana jail for six months gets his “final opportunity” to come clean about a disputed Mexican property sale during a trial starting Monday, according to the judge overseeing the case.
Date: 10/18/2015 | Northwest
Two numbers determine the property taxes you pay in Snohomish County: One number is the tax rate that is paid for every $1,000 in value of a home or other property, a number that can differ depending on the city, school district and other districts in which one lives. The other number...
Date: 10/16/2015 | Editorials
Development intended to add upscale element to Everett
Date: 10/15/2015 | Business
Nearby 6-story building could be home to 120 students
Date: 10/14/2015 | Business
PANAMA CITY — The directors of a massive Trump-branded luxury condominium development in Panama fired Donald Trump’s company in the summer over allegations of mismanagement, overspending and undisclosed bonuses executives paid themselves, according to an Associated Press examination.
Date: 10/11/2015 | Nation & World
SEATTLE — Attorneys are arguing in U.S. District Court about who should control properties belonging to an Everett-based developer accused of securities fraud.While the U.S. Securities and Exchange Commission is pursuing a civil complaint against Lobsang Dargey, the
Date: 10/09/2015 | Business
EVERETT — Snohomish County Assessor Cindy Portmann’s chief deputy is competing with a private real estate appraiser to take over her job next year.Voters will get to chose a successor for the term-limited incumbent Nov. 3.
Date: 09/28/2015 | Local News
'Jedi Realtor’ is a keynote speaker at Everett Fall Home Show
Date: 09/24/2015 | Home and Garden
Lynnwood real estate agent recognizedCarrie Foley of Berkshire Hathaway HomeServices Northwest Real Estate in Lynnwood has been honored with the 2015 Five Star Real Estate Agent Award from Five Star Professional. Winners are selected for their commitment to...
Date: 09/22/2015 | Bizblog
SNOHOMISH — The local fire district is looking to sell nearly 5 acres of land.Snohomish County Fire District 4 in Snohomish has owned the property along Old Snohomish Monroe Road for more than a decade, Chief Ron Simmons said.
Date: 09/17/2015 | Local News
A real estate investment firm paid $22.5 million last month for most of Everett Village Center, a retail strip occupied by big brand-name tenants adjacent to Everett Mall.The reported sales price was $5.29 million less than the asking price.
Date: 09/09/2015 | Bizblog
EVERETT — Everett's newest apartment building, Potala Place and Farmer's Market, is at the center of a federal agency's lawsuit against a local developer for alleged fraud. But the outcome of the court case likely will have little immediate effect on downtown development.
Date: 09/06/2015 | Local News
EVERETT — An Everett developer accused by federal authorities of defrauding foreign investors is keeping quiet. But one of Lobsang Dargey's companies, Path America, issued a public statement...
Date: 09/01/2015 | Local News
WASHINGTON — Slightly more Americans signed contracts to buy homes in July, as pending sales edged up after dipping in June.
Date: 08/28/2015 | Business Wire
EVERETT — The developer of a hotel, apartment complex and farmer's market in downtown Everett is under investigation by the federal government for allegedly bilking overseas investors out of...
Date: 08/24/2015 | Local News
SEATTLE — The Securities and Exchange Commission filed a complaint and sought a restraining order Monday against the head of an investment firm, saying he bilked more than 250 Chinese investors out of millions of dollars on two real estate projects — a skyscraper in downtown...
Date: 08/24/2015 | Northwest
WASHINGTON — U.S. builders started work on single-family houses last month at the fastest pace since the Great Recession began in late 2007.Housing starts in August rose 0.2 percent to a seasonally adjusted annual rate of 1.21 million homes, the Commerce Department...
Date: 08/18/2015 | Business Wire
Steady job growth, lack of buildable land overwhelm availability
Date: 08/13/2015 | Business
EVERETT — Electric Mirror, a high-end supplier for the hotel industry, has outgrown its home in an industrial park adjacent to Paine Field.The
Date: 07/31/2015 | Business
The economy might be recovering, but millennials are increasingly living with their parents, one survey says.According to the report released Wednesday by the Pew Research Center, the nation's 18- to 34-year-old population is less likely to be living independently of their...
Date: 07/29/2015 | Business Wire
WASHINGTON — U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of rentersThe Commerce Department said Friday that housing starts in June climbed 9.8...
Date: 07/18/2015 | Business Wire
EVERETT — The Port of Everett's Waterfront Center is completely occupied, more than four and a half years after opening.Demand has picked up so much that the port is considering adding more commercial space.The
Date: 07/16/2015 | Business
WASHINGTON — Republican presidential candidate Donald Trump says his personal fortune is more than $10 billion, making the businessman the wealthiest person to ever run for the White House.Five things to know about Trump’s wealth:
Date: 07/15/2015 | Nation & World
EVERETT — The Port of Everett is looking for a housing developer to take on the first phase of its ambitious plan to turn its largely vacant central pier into a hip, urban waterfront.
Date: 07/15/2015 | Business
SEATTLE — Retired baseball pitcher Jamie Moyer sold his seven-bedroom Tudor mansion in Seattle, complete with a batting cage and saltwater pool, to a Chinese couple for $3.2 million in September. The new owners promptly rented it out to a group of Amazon.com employees.
Date: 07/11/2015 | Business Wire
WASHINGTON — Purchases of new U.S. homes surged in the Northeast and West in May, as steady job growth over the past year has lifted the real estate sector.
ORLANDO, Fla. — Darden Restaurants Inc. is planning to create a real estate investment trust that will function as its own publicly traded company.
WASHINGTON — Home rental prices are climbing across much of the United States — with the biggest gains coming from not from New York or San Francisco but Jackson, Mississippi, and Portland, Maine.
EVERETT — Assessment notices that hit the mail Friday showed rising property values in all areas of Snohomish County compared to last year.The change was 7.5 percent countywide, with residential and commercial properties up 8.5 percent and 6.7 percent, respectively.
Date: 06/20/2015 | Local News
MARYSVILLE — The Federal Aviation Administration has given a Marysville real estate agency the green light to use an aerial drone for commercial use.The agency, Barnett Associates, is one of a handful of Washington businesses to receive such an exemption.
Date: 06/10/2015 | Business
WASHINGTON — We've seen the TV ad pitches from celebrities like "The Fonz" Henry Winkler and actor and ex-senator Fred Thompson, touting the benefits of reverse mortgages for older homeowners.Now U.S. regulators are warning: Don't be fooled. Many ads don't...
Date: 06/07/2015 | Business Wire
Another month, another sign that it's a seller's market in Snohomish County.This sign has everything to do with scarcity.There were 2,129 homes listed on the market for the county in May and that's an increase over April when 1,937 homes were listed, according to...
Date: 06/05/2015 | Business
Look inside a pair of multimillion-dollar estates (gallery)
Date: 06/04/2015 | Home and Garden
With little to show after one special session, legislators in Olympia have started the second by at least making their latest budget proposals public. And House Democrats and Senate Republicans have shown an...
Date: 06/03/2015 | Editorials
Former House speaker Dennis Hastert, who was indicted Thursday on charges of concealing bank withdrawals related to a secret $1.7 million payoff, made a small fortune through real estate investments before leaving Congress.
Date: 05/30/2015 | Nation & World
WASHINGTON — Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market.
Date: 05/28/2015 | Business Wire
EVERETT — The Everett school board has approved a plan to sell its former administration building to the YMCA of Snohomish County.
Date: 05/27/2015 | Local News
EVERETT — The YMCA of Snohomish County has agreed to buy the Everett school district's former administration building at 4730 Colby Avenue.The youth organization is offering to pay $3.325 million for the 8.1-acre parcel, which...
Date: 05/15/2015 | Local News
SEATTLE — The story of the little house that $1 million couldn’t buy appears about to have a new chapter.
Date: 05/05/2015 | Northwest
They should just put up the ‘For Sale’ signs with the ‘Sold’ placards already attached.Or that’s what it feels like.
Date: 05/05/2015 | Business
WASHINGTON — U.S. construction fell in March as an increase in nonresidential construction was offset by declines in home building and government projects.
Date: 05/01/2015 | Business Wire
WASHINGTON — Sales of new U.S. homes plummeted in March, as the spring buying season opened with sharp declines in the Northeast and South.
Date: 04/24/2015 | Business Wire
WASHINGTON — U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.
Date: 04/23/2015 | Business Wire
A Kirkland-based company is beginning to offer high-speed gigabit service in Everett.
Date: 04/09/2015 | Business
Buying a house is an emotional journey — from finding the perfect property to securing the ideal price. The last thing anyone wants to endure is a real estate closing that resembles a roller-coaster ride.
Date: 04/09/2015 | Home and Garden
Here’s an idea, millennials. What if we switch? You take the too-big houses. We boomers are about ready for cool urban apartments.
Date: 04/01/2015 | Local News
ARLINGTON — Tom Lane sounds relieved.After more than 20 years, he's finally getting to build his car dealership, Dwayne Lane's Arlington Chevrolet, at Island Crossing north of Arlington. Construction started in February, but work became visible in the past...
Date: 03/30/2015 | Business
WASHINGTON — A seismic shift of stuff is under way in homes all over America.Members of the generation that once embraced sex, drugs and rock-and-roll are trying to offload their place settings for 12, family photo albums and leather sectionals.Their...
Date: 03/29/2015 | Nation & World
Liquidity has the distinction of being important to individuals, businesses and governments. Clearly it is vital to the whole economy also, but there it is somewhat elusive and mysterious.
Date: 03/27/2015 | Business columnists
Why one part of Snohomish County attracts builders like flies
Date: 03/25/2015 | Business
EVERETT — A new apartment building is opening up in downtown Everett this summer, adding to the growing list of new housing going up in town.Aero Apartments, developed by Skotdal Real Estate, will feature 102 market-rate rental...
Date: 03/23/2015 | Local News
It’s a tool that’s used by virtually every real estate agent — the keybox.And it just got easier to use for real estate agents all over Western Washington.
Date: 03/23/2015 | Business
HONOLULU — A sprawling beachfront home used in the filming of the 1980s television show “Magnum, P.I.” has been sold for $8.7 million.
Date: 03/23/2015 | Life
At $1.28 million, Lake Stevens home among county's priciest
Date: 03/16/2015 | Business
SEATTLE — The Seattle house whose former owner refused a $1 million offer to sell didn’t attract any buyers at a Friday auction.
Date: 03/13/2015 | Northwest
An often warm and sunny February brought out more and more people looking to buy homes, but in a market with fewerproperties available.
Date: 03/05/2015 | Business
WASHINGTON — As a deep freeze grips parts of America in a typically slow season for housing, first-time buyers are flocking to Redfin’s property tours and classes, signaling their renewed interest in the market.
Date: 02/18/2015 | Business Wire
Lake Stevens' Williams Real Estate adds agentEverett native Chris Bacoka of Arlington has joined Williams Real Estate of Lake Stevens. Bacoka has been a real estate broker for 30 years, with a background in office management, insurance and banking. His goal...
Date: 02/18/2015 | Bizblog
OSO — The "For Sale" sign wasn't up for long.It appeared over the weekend in front of 28214 Highway 530, the address of a piece of land in the southwest portion of the disaster zone left by the deadly mudslide.Pictures of the 10-acre property...
Date: 02/11/2015 | Local News
EDMONDS — Behar Company purchased 6.5 acres at the southeast corner of Highway 99 and 220th in Edmonds in 2005 with a vision to recreate the land into an transit-oriented urban village called Edmonds Green.And then the recession happened.Plans for the...
Date: 02/10/2015 | Business