NewsBriefCCT June Kelli

Page 1


Local Headlines

 Rising rents are drowning Washington's smaller cities

 Public land sale plan covering millions of acres in WA derails in US Senate

 Clark County leaders debate future growth and how to balance saving farmland with building housing

 Seattle home prices dip as listings pile up

Residential Lending Commercial

 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

 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

Scott Hogan

Attorney At Law, VP, Manager

Business Development

Direct: (360) 694- 4752

Cell: (360) 903-7527 Kelliejo@clarkcountytitle.com

Email: scott@clarkcountytitle.com Kellie DiNucci

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