November News Brief

Page 1


November 2024

Local Headlines

 Uptick Continues in Seattle Industrial Market

 Tesla to Open New Seattle-Area Office

 Landlord's 'junk fees' forced Vancouver renter to leave Washington: 'We're not wanted over here'

 Inslee approves controversial wind farm near Tri-Cities

 Gluesenkamp Perez, Murray Announce $22.5M to Increase Capacity at Port of Vancouver, Support Local Economy

Residential Lending

 US existing home sales slide to 14-year low; prices stay elevated

 Housing Market Predictions For 2025: When Will Home Prices Drop?

 Lock in a mortgage rate after the Fed cuts? This might be your last chance

 Federal Reserve cuts its key interest rate by a quarterpoint amid postelection uncertainty

 Inflation is trending down. Try telling that to the housing market. www.clarkcountytitle.com

 Mortgage Rates Show Biggest Drop in 3 Months

Kellie DiNucci

Business Development

Cell: (360) 903-7527

Email: Kelliejo@clarkcountytitle.com

Commercial

 Lionstone parent to offload $5.5 billion in real estate across the United States

 Real estate titan predicts major rate cuts following Trump victory

 Commercial real estate capitalization rates in the United States from 2012 to 2023 with a forecast until 2026, by property type

(360) 694-4722

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