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Mortgage applications saw increased activity in the last week of September, the Mortgage Bankers Association (MBA) reported. Mortgage application volume increased 16.6 percent in the week ending September 28, according to MBA’s Mortgage Composite Index. On an unadjusted basis, the index increased 17 percent compared with the previous week. MBA also reported an increase in […]

Home sales in the Puget Sound area continued to strengthen in September, with sales in 13 of the 21 counties tracked by the Northwest Multiple Listing Service showing double-digit gains in closed sales compared to September 2011. Closed sales of single family homes and condominiums in King County were up 15.6 percent year over year […]

Seattle-based Common Ground is studying shipping containers, modular apartments and other alternative structures as part of a plan to create more affordable low-income housing in Washington state, according to a report released Monday. According to the nonprofit developer, the average development cost of a new rental housing unit in Washington state is approximately $200,000. That’s […]

The Seattle City Council voted unanimously Monday to approve legislation requiring owners of rental housing units to register with the city and undergo inspection to certify that their property meets city health and safety codes. The new law requires all registered properties to be inspected within the first 10 years of the program. Registrations would […]