Latest News

USDA-backed mortgage program grows in popularity

Rural Development loans provide zero-down option for middle-income earners
February 24, 2011
Mike McLean
Homebuyers of moderate means in rural Inland Northwest communities are discovering U.S. Department of Agriculture-backed mortgages as one of the last zero-down alternatives available today.Demand for loans guaranteed by the USDA's Office of has
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FHA needs to scale back, analysts say

Study says federal agency should get out of low-down, high-dollar lending market
February 24, 2011
The Federal Housing Administration has moved into uncharted, risky territory over the last few years as its market share and focus on higher balance mortgages has risen sharply, says a new study released by the George Washington University School
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—Staff photo by Chey Scott

Crawling credit DEMAND

Local execs predict credit-line usage will continue to increase; availability is unchanged
February 24, 2011
Chey Scott
Businesses here aren't taking out lines of credit to cover expenses tied to growth as much as they were before the recession, local banking executives here say, but they're optimistic that area of lending will improve in the coming here are to are
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Select stocks could rise as consumer confidence grows

Companies that make, sell discretionary items might outperform market in '11
February 24, 2011
Personal Investing
Levolor blinds, Hot Wheels, and fragrances such as Wild Elixir could be leading Americans out of recession in 2011.Companies that make such products tend to excel as consumers gain confidence and begin to treat themselves to discretionary items
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: February 24, 2011

February 24, 2011
Feb. 18 / Fed orders Bank of Whitman to raise capital The Federal Reserve System board ordered Colfax-based Bank of Whitman to raise more capital, be acquired by another bank, or merge with another bank within 90 days. In July, the an
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: February 24, 2011

February 24-March 10, 2011
February 24, 2011
Meetings & Events The Idaho Small Business Development Center will hold a workshop titled Bidding for Profit on Thursday, Feb. 24, from 5:30 to 8:30 p.m., and another workshop titled Financial Planning, on Friday, Feb. 25, from 8:30
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Small Business Watch

February 24, 2011
Point-of-sale supplier moves to new office Inland Data Services Inc., a point-of-sale system supplier for the hospitality industry, has moved to a 650-square-foot leased office space at 109 S. Scott.Owner Dave Metzger says he the &
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Real Estate Roundup

February 24, 2011
Mike McLean
Whitworth University, of Spokane, has leased 2,600 square feet of floor space in the Riverfront Office Park, at 534 E. Spokane Falls Blvd., for two additional classrooms that it plans to begin using in in April. Mike Livingston and Marc Mowrer, of
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$1 million Valley apartment project planned

Kop Construction wins job to renovate 40-unit San Franciscan complex
February 24, 2011
Mike McLean
Kop Construction Co., of Spokane, has won a $1 million contract to renovate a Spokane Valley apartment complex for a nonprofit affordable-housing developer.Construction will begin sometime in March, says Chris Venne, development finance manager
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—Rendering courtesy of Womer & Associates

Nisqually Tribal Administration Building - Art Only

February 24, 2011
Womer & Associates, a Spokane-based, Native American-owned design firm, incorporated cultural elements such as flowing water, totems, a salmon's back, and even a mountain peak into its design of this planned new administration building for the of a
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