One of the biggest misconceptions associated with buying a home is that you need a down payment of 20 percent of the home price. The median down payment for buyers under age 37, a group that typically includes a majority of first-time buyers, was just 7 percent last year, according to the National Association of Realtors.
One vintage downtown Vancouver home that appears to be in jeopardy has become busy and beloved recently — and not just by spiritual seekers, full-moon drummers and young moms looking for community. In March, Wattle Tree Place won Vancouver’s Downtown Association’s award for the Best New Business of 2017.
Once a bustling hub, Tower Mall has largely fallen silent. One by one, tenants move on, leaving behind a lone security guard roaming the halls of an enclosed shopping mall that’s now just a shell of its former self.
At a recent work session, the Clark County Council heard what many homebuilders and people struggling to afford to keep a roof over their heads already know: There’s not enough land to build affordable housing.