Richland Market Trends Current as of May 19th—data provided from Altos Research
Local Headlines
WA Gov. Bob Ferguson signs controversial rent cap, other housing bills into law
What’s being built there? $71M convention center + Aquatic park + New gymnastics site
Tri-Cities Airport receives $7 million grant for baggage area expansion
Report: Tri-Cities lost 300 construction jobs in past year
13 Most Affordable Places to Live in Washington in 2025
Lending
Residential
US consumer sentiment slumps, households brace for inflation surge
America's Most Expensive Area Sees Surge in People Trying to Sell Homes
U.S. Housing Starts Rebound Less Than Expected In April, Building Permits Pull Back Sharply
Casey Hart Vice President/Regional Manager Office: (509) 783-0661 casey@bftitle.com
Mortgage Rates Forecast For 2025: Experts Predict How Much Rates Will Drop
Mortgage Applications Up As Borrowers Respond To Growing Inventory Purchase Demand Moves Back Toward 2 Year High; Refis Hold Steady
www.bftitle.com
Commercial
U.S. Commercial Real Estate Lending Rebounds Sharply in Early 2025
The evolving landscape of private credit in U.S. commercial real estate lending
Next-generation leaders may accelerate real estate investment in alternative properties
Benton Franklin Title Company 510 N. Colorado St., Ste B Kennewick WA 99336 (509)783-0661