Property Management Blog

By Cobalt Property Management - Friday, June 20, 2025

Washington House Bill 1217 Passes – 2025 Housing Reform Advances

Washington HB 1217 Is Now Law: What Spokane Landlords Need to KnowWashington's new rent control law, HB 1217, is now in effect. If you own rental property in Spokane, this bill brings big changes to how and when you can raise rent.Here’s what Spokane landlords need...

By Cobalt Property Management - Thursday, June 19, 2025

Spokane Multi-Family Closed Sales 2023-2025 ytd

Spokane Multi-Family Closed Sales 2023–2025 YTDBased on data from the Spokane Association of Realtors, Spokane multi-family closed sales in 2025 have shown strong early performance, steadily outpacing 2024. The year began with 21 closed sales in January, followed by back-to...

By Cobalt Property Management - Tuesday, June 17, 2025

Spokane Duplex Closed Sales 2023-2025 ytd

Spokane Duplex Closed Sales 2023–2025 YTD Based on data from the Spokane Association of Realtors, Spokane duplex closed sales in 2025 have shown a strong start, outperforming both 2023 and 2024 YTD. The year began with 8 closed sales in January, quickly rising to 17 in Marc...

By Cobalt Property Management - Friday, June 13, 2025

May Multi-Family Market Overview

What Spokane Rental Owners Need to Know About the Multi-Family Market – May 2025Every month, we track multi-family market trends across Spokane. As a full-service Spokane property management company, we stay on top of the data to better support our clients. Here’s wha...

By Cobalt Property Management - Monday, June 2, 2025

Washington’s HB 1003 Passed!: What Spokane Property Managers Need to Know

HB 1003: What Spokane Property Managers Need to Know Spokane’s rental market is getting more complicated as our local representatives continue to pass legislation adding additional responsibilities to Spokane property managers... Enter ...

By Cobalt Property Management - Wednesday, May 21, 2025

April Multi-Family Market Overview

What Spokane Rental Owners Need to Know About the Multi-Family Market for April 2025 Every month, we track the activity level for multi-family in Spokane. As a full-service Spokane property management company, we keep our finger on the pulse of the market to better se...

By Cobalt Property Management - Wednesday, April 23, 2025

3 Ways Spokane Property Managers Can Keep Long Term Tenants

3 Ways Spokane Property Managers Can Keep Long-Term TenantsWe’ve got some exciting news to share from the rental world. A recent poll conducted by Buidium, one of the nation’s largest property management platforms, revealed that 47% of tenants plan to renew their leas...

By Cobalt Property Management - Wednesday, April 16, 2025

Q1 2025 Spokane Rental Sales Results

Spokane Multifamily Sales: Comparing Q1 2024 and Q1 2025As we step into the Spokane rental market for 2025, it’s clear the Spokane & Spokane Valley market has experienced some notable shifts compared to the same time last year. Below is a breakdown of the key trends we&...

By Cobalt Property Management - Tuesday, April 8, 2025

Is Washington Capping Rental Rates?

Understanding House Bill 1217: 5 Key Impacts on Washington State LandlordsHey there, this is Doc from Cobalt Property Management, your go-to resource for Spokane Property Management and Spokane Rentals. Today, I’m diving into House Bill 1217, a piece of legislation currentl...

By Cobalt Property Management - Friday, March 28, 2025

Spokane Rental Vacancy Rates on the Rise for 2025

Based on Costar’s report for 2024, Spokane rental vacancy rates for apartments are trending significantly higher than we have seen since 2011. 2024 ended with a 5.9% vacancy rate for Spokane multi-family properties, and 2025 is continuing that trend, with YTD 2025 seeing a ...

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