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Special Report

Pandemic pushes scores of people toward retirement

Many choose to leave jobs during challenging time, observers say
February 11, 2021
Kevin Blocker
Last year, investment adviser Kyle Weir received a call from a client looking to explore her options. Weir's client, a veteran educator, was right against retirement age.
Read More

Federal student aid system undergoes overhaul

Bill expands eligibility for federal Pell Grants
January 28, 2021
Natasha Nellis
Several policy changes were included in the recently approved 2021 Omnibus spending bill that will ease the federal student aid application process and expand Pell Grant eligibility, industry observers here say.
Read More

Promotion reflects love of community banking for State Bank Northwest exec

Bruggink named president of State Bank Northwest
January 28, 2021
Kevin Blocker
The banking field hasn't lost its luster for Lorilei Bruggink, who has worked in the industry for 35 years and was named president of Spokane Valley-based State Bank Northwest earlier this month.
Read More
VIRGINIA THOMAS

Spokane-area lenders undertake second round of PPP funding

Bankers say program offers long-term benefits for financial industry
January 28, 2021
Virginia Thomas
The U.S. Small Business Administration has released a third round of Paycheck Protection Program loan funds, and bankers here say they're prepared to handle changes made as a result of updates to the program.
Read More
Journal File Photo

The closing chapter on the Metropolitan Mortgage saga

Metropolitan bankruptcy saga likely has concluded
January 28, 2021
Kim Crompton
U.S. Bankruptcy Court trusts have issued what might be the final payments to investors who lost hundreds of millions of dollars when Spokane-based Metropolitan Mortgage & Securities Co. and affiliate Summit Securities Inc. shut down nearly two decades ago
Read More

Work on North Idaho veterans home to resume in spring

Final construction value still to be determined
January 14, 2021
Kevin Blocker
The Idaho Division of Veterans Services says it will resume construction in the spring on a 64-room veterans home in Post Falls on a 7-plus-acre parcel of donated land. Veterans Services broke ground and began site work in the final quarter of 2020
Read More

New residents are just one factor in rise in Spokane home values

Supply side said to have greater effect as listings fall short of local demand
January 14, 2021
Patrick Jones
Ever thought it's those out-of-towners who have driven up housing prices here recently? You probably aren't alone. After all, the median house price for resale has climbed from approximately $284,000 to $330,000 over the past four quarters.
Read More
TREK Architecture

Copper Creek Landscaping to expand in Hillyard

Project to take year to complete
January 14, 2021
Kevin Blocker
The owner of a Spokane-based landscaping company located in the Hillyard neighborhood has his sights set on expanding his current office and constructing a new 18,000-square-foot light-industrial incubator starting the middle of the year.
Read More
Kevin Blocker

Low home inventory doesn't dissuade new Realtors

Sales increase despite historic dip in number of available houses
January 14, 2021
Kevin Blocker
Spokane real estate agent Mary Stanton worked part-time in real estate for decades before deciding late last year to make it her full-time profession. Despite the arrival of COVID-19, the 51-year-old Stanton says she's busier in real estate now
Read More
Virginia Thomas

High end, high demand in Spokane's housing market

Variety of factors drive luxury-home market surge in the INW
January 14, 2021
Virginia Thomas
The luxury-home market is especially hot in the Spokane-Coeur d'Alene market due to what some agents say is a convergence of factors.
Read More
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