Tax Credit Deadline Extended for Closings

Congress has passed a bill extending the Homebuyer Tax Credit closing deadlines until September 30,2 010. The extension applies to those transactions that had ratified contracts in place as of the tax credit deadline of April 30, 2010, which have not closed yet.  Many factors contributed to these transactions not being able to close, such as appraisal, overwhelmed closers, lending institutions that were also overwhelmed by so many individuals wanting to take advantage of the $8,000 credit.  So this is really good news for folks who have been sweating the deadline passing without their homes closing.  Everyone can breathe a little easier now.

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Miss Tri-Cities Pageant in its 50th year

Tears will flow and hugs will ensue for the young woman winning the title of Miss Tri-Cities on July 17th. This year will be the 50th year of the local pageant that is sponsored by the Tri-City Water Follies Association. The winner this year will receive $30,000 in scholarships and she will have the opportunity to participate in both the Miss Washington and Miss America pageants. The Art Fuller Auditorium at Kennewick High School will be host to the event again this year and tickets can be purchased at JD’s Time Center after July 4th or by calling (509) 547-0495.

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Ye Merrie Greenwood Renaissance Faire 24 years of Fun!

Over the course of 24 years, the Ye Merry Greenwood Faire and its players have grown in dimension, numbers and types of performances. With their beginnings in 1986 having only 17 vendors to the present where they boast 70 vendors, 8 stages and 30 professional acts; the Greenwood Players have brought joy, merriment and a bit of fantasy to a generation of Tri-Citians.  There couldn’t be a more fitting venue for this Faire than Howard Amon Park in Richland with the beautiful shade trees, the sparkling waters of the Columbia River and the lush green grasses of the park. All this adds to the ‘feel’ of being in another space in time where fair ladies, court jesters, jousting knights and strolling musicians brought life to an otherwise dreary existence for the “common folk”.  The Greenwood storytellers are such fun to listen to as they entwine you into their tales with exceptional performance skills and antics. The merriment begins at 9:30 a.m. on June 26 and 27th and ends around 5:30 p.m.  For more information go to www.yemerriegreenwoodfaire.org.

 

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Riverfront makeover goes forward

The Bridge-to-Bridge/River-to-Rail riverfront makeover project has unanimously brought the City of Kennewick and Port of Kennewick commissioners together in a spirit of cooperation, thus allowing them to begin the process of creating the vision and planning for the future development of Kennewick’s rivershore. The Port of Kennewick has added many upgrades to the Clover Island area and that will feed into future plans. Both agencies also agreed to work together on how development should proceed for the Vista Field Airport and the adjacent Three Rivers Entertainment District. All of these improvements will add much to the economic stability of the Downtown Kennewick area with upscale real estate developments, tourism, business growth and recreational activities.

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Ground breaking for Steptoe Street extension

A Steptoe, as defined as “a hill or mountain that projects like an island above a surrounding lava field” in some ways describes Steptoe Street in Kennewick, and of course in some ways does not – mainly that whole lava field part.  Nonetheless, Steptoe Street has officially begun it’s expansion southward towards Clearwater Avenue as of Tuesday when the groundbreaking was held. This southbound expansion will initially cover some hilly terrain, winding along 1.1 miles as it reaches North Center Parkway.  The second phase will take it upwards to Clearwater Avenue, and the final phase of expansion is to take it all the way to the Southridge area, once again heading up and over the southernly hills.

The hope for this expansion is that it will alleviate congestion on both Leslie Road and Columbia Center Blvd. and additionally allow for greater economic development with transportation flow being a key for sustained growth in Kennewick. This project is currently slated for completion in late summer.

 

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Weekly Real Estate Statistics for 6/21/2010

If you have an interest in the real estate market here in the Tri-Cities and surrounding areas, please take a look at our weekly statistics for this week.

 http://www.distinctiveprop.com/files/files/6.21.2010Stats.pdf

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TiSport making a move to Pasco

The Kennewick-based company, TiSport, is making a move to Pasco soon and will occupy the former Food Pavillion off Court Street. TiSport is a company that manufactures titanium athletic equipment and titanium wheelchairs. The company is a spin-off from Sandvik Metals, has about 120 employees, and are currently are housed at the Port of Kennewick Oak Street Industrial park; however, they are cramped for room and this new facility will afford them about 67,000 square feet which is 27,000 more than their current location.

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Mid-Columbia vineyards take honors

The Mid-Columbia vineyards have again taken honors for our outstanding wines during the recent Los Angeles International Wine & Spirits Competition. See below for results:

  • Kiona Vineyards Winery on Red Mountain won best in show for its – ‘2008 chenin blanc ice wine’. Kiona won the top award for limited-productions wines and also won gold for its ‘reserve sangiovese’.
  • Domaine Ste. Michelle in Paterson won gold medals for ‘blanc de blanc’, and its ‘blanc de noir’ sparkling wines.
  • Barnard Griffin in Richland won gold for ‘rose of sangiovese’.
  • Tagaris of Richland won gold for its ‘Alice Vineyard mourvedre’.
  • Tasawik Vineyards of Prosser won gold for its ‘Hailstorm Red’.
  • Hogue Cellars of Prosser won gold for its ‘Genesis Riesling’.
  • Gamache Vintners of Prosser won gold for its “viognier’.
  • Columbia Crest in Paterson won gold for its “Grand Estates cabernet sauvignon’.

Go to www.winepressnw.com/winners for the list of medal winner in all categories.

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Thought for the Day…………

“Consider what you want people to remember of you and live accordingly.” ~Barb Rogers

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