Kennewick Market Trends Current as of August 25th—data provided from Altos Research
Local Headlines
Mortgage rates fall to 10 month low, offering relief for Kennewick buyers
Key construction projects transforming Tri-Cities in 2025
Affordable housing project breaks ground in Spokane Valley
Homelessness still rising in Washington, state data shows
Washington saw biggest construction job loss in U.S. over past year
Lending
Residential
US homebuyers backed out of transactions at a record pace last month
Home sales are ticking up — and more are coming to market
Housing freeze: High costs leave some buyers and current owners in the lurch
Casey Hart Vice President/Regional Manager Office: (509) 783-0661 casey@bftitle.com
U.S. Federal Housing Allows Fannie Mae and Freddie Mac to Approve Rocket Acquisition of Mr. Cooper Millennials and Gen Z are gambling on a big mortgage-rate drop
Commercial
U.S. Commercial Real Estate Crisis Deepens as Office Vacancy Rates Hit Record Highs
Peaking Loan Maturities Push Office Sale Prices Down
Commercial property executives say recovery has arrived
Home Loan Demand Declines Again as Mortgage Rates Remain Unchanged
www.bftitle.com
Benton Franklin Title Company 510 N. Colorado St., Ste B Kennewick WA 99336 (509)783-0661