Stagnant wages amid rising home prices in Thurston

Real Estate

Median prices, average rents show significant increases.

Two years ago, The Olympian published a story about an affordable housing development called Merritt Manor, which was set to break ground on the former Bailey Motor Inn site on Martin Way in Olympia.

Since that story was published, dozens in need of an affordable place to live have called the paper seeking tenant information. And the good news is the 82-unit property is aiming for a September opening.

The anecdotal glimpse the newspaper got into the demand for affordable housing was just a small taste of what Homes First, a Lacey-based provider of affordable housing, experiences every day, said chief executive Trudy Soucoup.

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