by Jordan Lester | May 14, 2025 | Advisor Insights, News
On May 7, 2025, Governor Bob Ferguson signed House Bill 1217, making Washington the third U.S. state to pass statewide rent control, following Oregon and California. The law took effect immediately and will shape how leases, pricing, and new development are handled...
by Jordan Lester | Feb 26, 2025 | Advisor Insights, News
On February 20th, the Washington Supreme Court ruled in Housing Authority v. Knight that landlords of subsidized properties can now issue 30-day pay or vacate notices for nonpayment of rent, replacing the previous 90-day requirement. The ruling also shortened notice...
by Jordan Lester | Oct 24, 2024 | Blog, News
The Spokane City Council approved a new law on Monday, October 14th which prevents apartment landlords from evicting tenants or raising rents if their apartment units are not registered with the city. The law was enacted in an attempt to get more landlords to register...
by Karli Schwab | May 9, 2024 | Blog, News
On Monday, April 30th, the Spokane City Council passed an ordinance regarding rental increases. Washington State currently requires 60 day written notice for rent increases. This new law will require landlords in the City of Spokane to give 180 day written notice for...
by Karli Schwab | Dec 21, 2023 | Advisor Insights, News
The U.S. 10 Year Treasury recently dropped below 4.0%, for the first time since July of 2023. The 10 year treasury peaked in late October of 2023 before starting to drop at a rapid pace. Also, last week, the Federal Reserve kept the federal funds rate unchanged at...