Benton City Chamber holds 5th annual Car & Bike Show

Publication2Mark your calendars for April 24th from 9am to 3 pm for this Spring Opener event in Benton City! Sponsored by the Benton City Chamber and Economic Development Center, the event has supported the Grid Kids, Boys and Girls Clubs, Boy Scouts and 4-H in the area.  The event will be held at the Kiona-Benton Middle School located at 913 Horne Drive in Benton City. Check on their website for more information. http://www.bcspringopener.com/

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Housing market in the Tri Cities keeps on growing

Publication1With much credit going to the tax credit available to both first-time and previous homeowners and lots of affordable homes for sale, the housing market in the Tri-Cities is strong and on the increase.  With a 30 percent increase in March 2010 from the same month in 2009, sales are on the rise according to the Tri City Association of Realtors. The $8,000 tax credit for first-time homebuyers and the $6,500 tax credit for previous homeowners becoming buyers again has really stirred anyone sitting on the fence about purchasing a home. Homes sold in March averaged $195,000 which was an increase of $10,00 from February, which is quite a jump for housing in any market!

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Tri-City wide Open Houses a big hit!

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Nationwide Open Houses

The above video highlights the Nationwide Open Houses that were done here in the Tri-Cities last weekend and highlights Distinctive Properties, Inc., agent Jackie O’Connor giving information about housing prices, absorption rates and   highlighting a current Distinctive listing in Kennewick.

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Weekly Statistics for the Tri-city Area

Our Weekly absorption rate  for the greater Tri-city Area including Pasco, Richland, Kennewick and West Richland, new and resale stats.

http://www.distinctiveprop.com/files/files/Stats4_5_2010.pdf

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Positive outlook for Tri City home sales in 2010

Home sales in the Tri Cities was strong during the last quarter of 2009, and January of 2010 started out on a very positive note with average home prices up from 2009. January 2009 showed an average of $184,025, and January 2010 showed $195,703 for average home prices. First-time homebuyers have contributed greatly to those numbers because of the $8,000 tax credit that was extended through April 30, 2010. The Tri-Cities housing market has been stronger than most other communities in the nation and we are hopeful that this trend will continue. The area’s foreclosure rate was 0.5 percent in comparison to the rest of the our nation where the rate is 2.1 percent. Steady home prices, interest rates and a stable economy here in the Tri-Cities makes for a bright outlook for 2010.

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Weekly Tri-Cities Real Estate Statistics for 3/29/2010

We at Distinctive Properties, Inc., perforn an accounting of the absorption rates for Tri Cities, Washington real estate on a weekly basis.  Please refer to this link for the stats for Monday 3/29/2010.

http://www.distinctiveprop.com/files/files/3292010Stats.pdf

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Tri Cities Fever falls in home opener

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The revived Tri Cities Fever indoor football team played their season home opener in Kennewick’s Toyota Center against the Kent Predators on Saturday night. The first half was exciting with each team answer the other’s touchdown and at the half were at a 35-35 tie. After the halftime break the Kent Predators looked refreshed and proved that point with several unanswered touchdowns, meanwhile the Fever’s much smaller line was worn out after battling the three behemoths of Kent’s center and two front linemen. For the most part it was an exciting game the first half, but it became obvious quickly into the second half that they were not gonna come out victorious. We’ve definitely got some speed, but in this particular game that didn’t mean much. Let’s be hopeful that the next home game scheduled for April 10th is a better one for the Fever!

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Tri Cities campus of WSU fastest-growing

Washington State University has diverse campuses throughout the state, however the Tri Cities branch campus is leading the group as the fastest growing, with the health and science fields seeing the most growth. Steadily rising enrollment numbers at the Richland campus have been seen with 1,507 student currently attending classes. Nursing programs are specifically up 30 percent over last fall and engineering programs are up 25 percent.  Officials at the university are envisioning a Wine Science Center with labs, a teaching vineyard and greenhouse.  Student government leaders also are hoping to find a way to bring together the diverse ages of students attenting the Tri Cities facility.  To read more information about upcoming plans – http://bit.ly/bpBW46

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Franklin County a beacon of housing growth in the country

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Anyone who has lived here in the Tri Cities over the past 1o years or more has seen the expansion that has become West Pasco and in fact, has made Pasco the 2nd largest of the Tri-Cities. According to recent US Census figures, that growth has landed Franklin County, Washington in the record books as the 18-fastest growing county in our country, and that is a distinction that no other Washington county can claim.  Last summer the county’s population sat at 77,355 which was a 56.8% increase since the year 2000. Housing in that part of Pasco has generated some welcome revenue for the city, however the cost of services has risen to accomodate the growth. Schools in Pasco grew to address the needs of 5,600 new students with the addition of 3 new elementary schools, one middle school and a new high school.  This part of our Tri-Cities is filled with affordable housing, family-friendly neighborhoods, easy access to the freeway and wonderful goods and services along the Road 68 corridor.  These attributes combined with economic stability and its proximity to the Columbia River make west Pasco and Franklin County a most desirable area in which to live.

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