Tri-Cities Housing Market Update

Building permits drawn through May, 2007

Tri-Cities Washington in the News

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Tri Cities Chosen as Top Metro for Scientists and Engineers in the U.S.

Washington State’s renowned Tri Cities area—comprising the cities of Richland, Kennewick, and Pasco—was officially selected as the number one place for scientists and engineers to live and work in the U.S., according to the fifth annual “Knowledge Worker Quotient” recently released by ExpansionManagement.com.

According to the site, the Quotient provides “a roadmap for where to find the best educated workforce in America,” focusing on scientists, engineers, medical doctors, other professionals with PhDs, as well as those with graduate degrees and post-graduate degrees. Three hundred and sixty-two metropolitan statistical areas (MSAs) were judged and then ranked according to “their ability to provide the depth of talent and innovative environment upon which thrive”…[more]

No Housing Slowdown in Washington State Markets

Washington state has one of the highest rate of residential appreciation in the nation during the first three months of this year compared to the same period in 2006, the U.S. Office of Federal Housing Enterprise Oversight reports…[more]

Tri-Cities Washington closings through May, 2007.

Washington State, The Fastest Growing Housing Market in the Nation

Forecasters at Fiserv Lending Solutions and Moody’s Economy.com predict a radical shift in the top 10 list of fastest growers for the 12 months beginning in June; only one California city, El Centro, will be represented. Instead, Washington State will dominate, with five of the top 10 cities…[more]

8th Annual National Small/Diversity Business Awards Program Announced

DiversityBusiness.com, which is the nation’s most prestigious and leading small business Internet portal will be conducting it’s 8th annual “Top Small Businesses in America” survey. This year’s survey will determine the Top 500 Small Businesses, Top 500 Women Owned Businesses and Top 500 Diversity Owned Businesses in the United States. Also, for each State, the Top 50 Small Businesses, Top 50 Women Owned Businesses and Top 50 Diversity Owned Businesses.

Kennewick Wa real estate news reports that to be a member of this elite group is indeed an honor. DiversityBusiness research has been recognized and published by the world’s most preeminent publications including Forbes Magazine, Business Week and thousands of media outlets throughout the world. Honorees will be recognized and honored at the 8th Annual Multicultural Business Conference in April of 2008 in Orlando, Florida.

The national data collection effort is a massive undertaking. In order to participate, businesses must register at www.DiversityBusiness.com/BusinessAwards.

Tri Cities Unemployment Rate Lowest in Years

The state reported that unemployment rates, not seasonally adjusted, in metropolitan areas around the state were: Bellingham, 3.7 percent; Bremerton, 4.3; Longview, 5.8; Mount Vernon-Anacortes, 4.1; Olympia, 4; Seattle-Bellevue-Everett, 3.9; Spokane, 4.1; Tacoma, 4.5; Wenatchee, 3.5; and Yakima, 4.9.

Smaller labor market areas also reported low rates: Aberdeen, 6.4 percent; Centralia, 5.7; Ellensburg, 3.5; Moses Lake, 4.3; Oak Harbor, 4.3; Port Angeles, 4.7; Pullman, 3.2; Shelton, 4.8; and Walla Walla, 4.

Unemployment rates by select counties were: Adams, 3.8 percent; Asotin, 4.3; Chelan, 3.6; Clark, 4.9; Columbia, 6.4; Douglas, 3.2; Ferry, 6.3; Garfield, 4.3; Jefferson, 4.1; King, 3.8; Klickitat, 4.7; Lincoln, 4.6; Okanogan, 4.6; Pacific, 5.5; Pend Oreille, 5.1; San Juan, 2.9; Skamania, 5; Snohomish, 4.1; Stevens, 5.3; and Wahkiakum, 5.5.

Richland Washington History

Richland, Benton County, Washington, is the smallest of the three cities (the other two being Kennewick and Pasco) that comprise the renowned Tri Cities area of the state, but this dynamic community situated at the convergence of the Columbia River and Yakima River is steeped in a long, interesting, and rich history that stems back many centuries.

Before Richland was named and recognized as a town site and later, an official city, the region, called Chemna back then and later, Columbia Point, was for centuries home to the Wanapum, Yakama, and Walla Walla Indian tribes, where, at the Yakima’s mouth, they would harvest the salmon, hunt game, and gather berries and roots. The mouth of the Yakima River is also famous for its visitation from the famous Lewis and Clark Expedition on October 17, 1805…[more Richland Wa History]

Momentum Builds for Local Housing Strategies

The “Housing Strike Force,” the team of Washington REALTORS®’ tax/fiscal, legal, regulatory, land use, political, member mobilization and public advocacy experts, has already received several requests to help Local Associations develop targeted game plans to improve housing policies and elect pro-housing community leaders. For assistance from the Housing Strategies Program, please contact Lily Reinecke at 800-562-6024, ext. 117.

Kennewick General Hospital and PS Media

Kennewick General Hospital’s marketing team was recently awarded a silver medal at the 2006 Aster Awards. KGH received the award for their television campaign featuring local physicians in an earnest discussion about the unique benefits KGH has to offer and the pressing need for hospital expansion. PS Media Inc., a local advertising agency produced the commercial. “We are pleased to help KGH share their story with the community.  They are an irreplaceable asset to the people they serve,” said Dave Praino of PS Media.

“Our primary mission for the campaign was to provide the community with our physicians’ perspective regarding the high quality of service KGH provides and our need for expansion,” explained Theresa Long, Director of Business Development and Marketing at KGH. Kennewick General Hospital’s administration and staff have established five primary areas of focus for the hospital:

• To provide high quality care
• To provide outstanding customer service
• To increase the hospital’s financial viability
• To foster proactive growth of KGH’s healthcare system
• To be a major contributor to the  health of the community through educational opportunities, health fairs, public screenings, etc.

Success in the areas listed depends, in part, on the execution of a strong, consistent public communications campaign. The hospital’s marketing staff will work to continue its strong marketing and community relations efforts in 2007. The Aster Awards are hosted by Creative Images, Publisher of Marketing Healthcare Today magazine.

About Tri-Cities Washington State

The Tri-Cities is an area of the state of Washington that is made up of three neighboring cities: Kennewick, Pasco, and Richland, and is ranked as the 191st most populous metropolitan area of the U.S. The cities are located at the confluence of the Yakima, Snake, and Columbia rivers in the desert region of Southeastern Washington. A fourth neighboring city, West Richland, is generally included as part of the Tri-City area and region. Official April 1, 2006 population estimates from the state are as follows: Kennewick: 60,997 || Pasco: 46,494 || Richland: 44,317 || West Richland: 9,907 || Total: 161,715

Tri Cities Washington ~ Founding
Pasco was the first of the Tri-Cities to be incorporated, in 1891. Kennewick was incorporated in 1904, and Richland followed in 1910. West Richland was founded by dissatisfied residents of Richland, who wished to be home owners rather than renters of government owned houses, after the arrival of Hanford. Despite attempts by Richland to annex the community, they remained separate and eventually became incorporated in 1955.  See Wikipedia, Tri-Cities Washington.

Our Squidoo Lenses

I love Squidoo!  Squidoo allows me to express my thoughts, index my sites, and keep me busy in general.  From Squidoo:

“Squidoo is the world’s most popular site for people who want to build a page about their passions. Highlight books, blogs, vids, online shops, or just spread the word about stuff you love. Bonus: you raise money (for you or charity) at the same time! It’s fast, free, and supereasy.”

From Squidoo’s FAQ:

“A lens is one person’s view on a topic that matters to her. It’s an easy-to-build, single web page that can point to blogs, favorite links, RSS feeds, Flickr photos, Google maps, your eBay auctions, CafePress designs, Amazon books or music, and more. Then, when someone is looking for recommended information, fast, your lens gets him started and sends him off in the right direction.”

Our Lenses:

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City Briefs:

Benton City Real Estate ~ Benton City is known for its many vineyards. Benton City could be considered the heart of Tri-Cities wine country.

West Richland Real Estate ~ West Richland is a fastest growing sector of Richland, and a rural community with the conveniences a large community brings.  West Richland is the center of many family events such as: Summer Concert Series, Hogs & Dogs, Fall Harvest Festival, and December’s Carols and Cocoa.

The Lane Real Estate Team ~  Everything one needs to know about Joe and Colleen when considering them as the Realtors to provide your Realty services.

Richland Real Estate ~ Created as a response to the 1943 need for United States’ nuclear research, Richland became instrumental in the development of the atomic bomb in WWII.  The Richland High School is known as the “Bombers.”  Richland continues to be a destination location for those interested in science, technology, and research.

Pasco Real Estate ~ Pasco is near the site where the Lewis and Clark Expedition made camp in 1805.  Pasco has a history in agriculture and industry.  At present, Pasco is the fastest growing city in the state of Washington.

Kennewick Real Estate ~ The largest of the three cities, Kennewick has received national attention for the discovery of the “Kennewick Man,” a 9200 year old skeleton.  Kennewick relies on light industry and retail for their economy.

Finley Real Estate ~ Founded by a Nebraska farmer in 1902, George Finley’s community gave rise to a major population increase when the neighboring town of Hover was relocated to Finley.  Finley offers a rural and farming atmosphere.

Burbank Real Estate ~ Although on the outskirts of the Tri-Cities, Burbank is considered to be a part of the Tri-Cities.  Burbank began as a result of the Power and Water Company being built, and the passing through of the Northern Pacific Railroad. 

Tri-Cities Wa Real Estate ~ Tri-Cites is known for its golf course, award winning wineries, museums, and an abundance of water recreational activities.  The first home of the Chemnapum Indians due largely to the Tri-Cities mild climate.