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Latest News

—Staff photo by Mike McLean

Rock Pointe office complex owners file for Chapter 11 reorganization

Reorganization latest in series of actions to avoid default
January 19, 2012
Mike McLean
The company that owns the Rock Pointe Corporate Center has filed for bankruptcy protection, staving off a foreclosure sale of the big office complex north of downtown Spokane as debt woes continue to mount for the company's founders.The Chapter
Read More

Experts would put money in wider investment range this year

Some suggest taking more risks because of potential economic improvements
January 19, 2012
Personal Investing
How would you invest $10,000 this year?That's a question posed annually to a panel of investment experts.A year ago, our pundits were relatively optimistic as most suggested quality U.S. stock investments, along with some shorter-term bonds a
Read More

In the News

January 19, 2012
Jan. 14 / Verner's back pay request deniedFormer Spokane Mayor Mary Verner received a determination letter from the city stating it ruled against her request to receive $140,000 of back pay from the last two years of her term. "We had, from an /
Read More

Calendar

January 19, 2012
Meetings & EventsThe City of Spokane Valley Public Works Department will hold a free community meeting on Sullivan Road Replacement Bridge preliminary design Wednesday, Jan. 25, from 6 to 7:30 p.m. at Center Place, 2426 N. Discovery Place. For
Read More

Study: Older, educated people not immune to default

Housing-cost burden rose for many homeowners due to second mortgages
January 5, 2012
News Wise
In theory, older people and people with higher levels of education should be more financially stable and have an easier time affording their homes. New research from the University of Iowa suggests that's not the case.Jerry Anthony, associate in
Read More

Experian tool scores risky businesses

Model meant to help users identify client accounts that are most likely to fail
January 5, 2012
Experian, a global information services company, announced in mid-December the launch of a new tool, called the Financial Stability Risk Score, that allows credit and lending professionals to identify accounts at the highest risk of business of a
Read More
—Staff photo by Mike McLean

Low mortgage rates buoy Spokane-area title, escrow companies

Refis, seller financings, foreclosures keep closers working
January 5, 2012
Chey Scott
With home loan interest rates remaining at all-time lows, professionals here who handle the closing of real estate transactions expect to see slight improvements in the real estate lending market during 2012, although they agree that a long-term of
Read More
—Staff photo by Mike McLean

Inland Northwest commercial lenders say businesses are still largely hesitant to borrow money

Lenders say some business owners delay growth plans to avoid taking on debt
January 5, 2012
Mike McLean
Some commercial lenders here say overall demand for business loans remains weak because their customers are holding off on growth plans due to uncertainties over the economy and future tax and regulatory issues.Bright spots in the arena, though,
Read More

Breast reduction problems common in older women

Greater rate of infections, other issues attributed to changes in hormones
January 5, 2012
News Wise
Complications following breast reduction surgery—particularly infections—are more common in women older than 50, reports a study in the December issue of Plastic and Reconstructive Surgery, the official medical journal of the American of
Read More
—Staff photo by Mike McLean

Sacred Heart genetics clinic sees more referrals

Sacred Heart arm here gives test-option advice for inherited conditions
January 5, 2012
Mike McLean
With ongoing advances in genetic screening and discoveries in hereditary links to diseases and abnormalities ranging from cancer to birth defects, the number of people being referred to Providence Genetics Clinic is on the rise.The clinic's and
Read More
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