Tri-City Area and Real Estate Blog

The national housing market is on a rebound and experts believe that a recovery is in gear for 2010, say key speakers at the Regional Economic Outlook forum held recently at the TRAC in Pasco.

Several local experts are optimistic and they believe the Tri-Cities ongoing growth will be based on non-Hanford related industries. Healthcare, with all three of the Tri City hospitals investing in newer facilities, are strong employers who are creating more jobs as they grow, and with an aging population moving into the area for retirement reasons also helps with the growth in the heathcare industry.

Population growth and a stable economy has assisted in stabilizing the local housing market and the trend appears to be going to continue for the foreseeable future, according to the Tri City Association of Realtors.

WSU President Lane Rawlins believes that the continued economic success here rides on economic diversification, continued growth in agriculture and making investments in education and transportation.

“Hill Day” in Olympia is a great day to visit with all

of our politicians…We are in trouble… they are 

folding…just look at this video. I am grateful that in these

times, like all times in American history, we do

get people to speak up –  now doing something, however, is a

different matter..

Watch and judge for yourself…..

http://www.youtube.com/watch?v=VP2p91dvm6M

The recreational opportunities available here in the Tri Cities area has drawn many a sportsman to this region of Washington State, and with that comes the many associated businesses that have flourished because our love of the outdoors!

The annual Tri Cities Sportsman Show at the TRAC facility in Pasco is coming up this weekend January 15-17th. The TRAC is located at 6600 Burden Blvd., in Pasco and this facility can hold tons of cool equipment, vehicles and vendors with every piece of new fangled sporting mechandise you can think of – and some that you might never have thought of!

So if you love the outdoor lifestyle and want to find out about what’s available to do in the Tri Cities and surrounding areas, Come down to the TRAC this weekend and check out all the booths, boats, bikes, skis, skills, and those willing to teach you their sport. The hours are 10 am to 7 pm all 3 days. To find out more, visit:

http://co.franklin.wa.us/trac/event-calendar-details.php?event_id=175

Real Estate Market update. So you too can see what is happening in different price ranges, it figures the absorption rate for each price range.

The week of December 14th. This is inclusive of all the Tri-Cities, Kennewick, Richland, Pasco and West Richland, WA

Interested? Keep watching each week to see the trend ..

http://www.distinctiveprop.com/files/files/WeeklyStatistics.pdf

Let us know if it is helpful.

Christa Sasser / Distinctive Properties, Inc.

The Kennewick-Pasco-Richland area is ranked 30th lowest in the nation in the Bureau of Labor Statistics’ latest list of unemployment rates for metropolitan areas.

With a 6.1 percent unemployment rate, the Tri-Cities shared the spot with Cheyenne, Wyoming; Honolulu; Idaho Falls, Idaho; Lawrence, Kan.; Lubbock, Texas; and Madison, Wis.

Bismark, ND, with an unemployment rate of 3.1 percent, was lowest on the list. The national unemployment rate stood at 9.7 percent.

Source: Tri City Herald

Benton City: A local winery is celebrating its 10th anniversary with a weekend of celebrations August 28-29.

Canon del Sol Winery, owned by winemaker Victor Cruz, will have a dinner Friday evening, which is sold out, and a party Saturday for 300 guests.

Tickets are $40 per person for the event, which will feature food catered by Aphonzo Villa Taco Wagon, music by Curtis Nettles and a pinata filled with corks offering discounts on wines.

Source: Tri-City Herald