Richland Market Trends
Current as of June 23rd data provided from Altos Research
Local Headlines
Rising rents are drowning Washington's smaller cities
Public land sale plan covering millions of acres in WA derails in US Senate
Washington sees nation’s biggest drop in construction jobs over past year
Opening set for Tri-Cities 2nd Costco. See drone view of the huge store
Residential
US housing market now has 500K more sellers than buyers — and it’s leading to a shift in the balance of power
Inflation and the housing market: Decoding the latest numbers
Housing market at risk of "sustained downturn" as price growth cools
Casey Hart Vice President/Regional Manager Office: (509) 783-0661
Lending Commercial
Fannie Mae and Freddie Mac open the doors to Bitcoin: a turning point for the US real estate market
Average long-term US mortgage rate drops to 6.77%, the lowest level since early May
Dollar weakest since 2021 against euro as Fed rate cuts bets rise
Commercial Real Estate Distress Is Spreading: Credit Weekly
Conversion Momentum Builds as Rising Vacancies Push Cities Toward Adaptive Reuse
U.S. Commercial Real Estate Market Turns a Corner Amid Rising AI Momentum and Shifting Demand Patterns