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Real Estate & Construction

20240912-Z72_5214.jpg

National homeownership rate drops to five-year low

April 29, 2025
TCAJOB Staff

Homeownership rates declined across nearly all age groups over the past year. Compared to the peak of 69.2% in 2004, the homeownership rate is 4.1 percentage points lower and remains below the 25-year average rate of 66.3%. 


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home construction

Report: Tri-Cities lost 300 construction jobs in past year

April 29, 2025
TCAJOB Staff

Washington state saw a decline of more than 14,000 construction jobs in past year, with Kelso-Longview as the state’s only metro area seeing an increase. The Tri-Cities had one of the smallest declines, both in number and percentage.


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Newly built home.

Tri-City housing market shows mixed signs in March

April 24, 2025
TCAJOB Staff

The Tri-Cities housing market continues to show strong demand though there were signs of that easing in March. 


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Housing construction

Mid-Columbia lawmakers’ housing bills to become law

April 15, 2025
TCAJOB Staff

One will make mortgage financing more available to those purchasing manufactured homes while the other will lead to deeper study of housing affordability in the state. 


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Senators looking at a replica of Avalanche’s fusion machine.
Energy

Seattle-area company set to launch fusion test facility in north Richland

April 14, 2025
Rachel Visick

Avalanche Energy hopes to start construction on its Richland fusion test facility, to be called FusionWERX, this summer.


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SEPA_Roundup.jpg

Plans underway for credit union offices, Kadlec clinic, solar project

April 14, 2025
Rachel Visick

Documents filed under Washington’s environmental review process reveal a list of projects in the works for the Mid-Columbia.


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A rendering of Vista Field's from above.

Housing deal will bring 300 homes to Kennewick’s commercial core

April 14, 2025
Rachel Visick

After years of planning, Vista Field could see its first homes under construction by next summer. The Port of Kennewick recently hammered out an agreement so a developer can build upwards of 300 single-family homes.


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Exterior of the Columbia Basin Hearing building.

Hearing center expands to West Richland

April 14, 2025
Rachel Visick

As hearing aid technology continues to advance, business is booming for a Kennewick audiology center and plans are in motion for an expansion to West Richland.


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Rendering of several small homes with a playground nearby.
Hope begins at home

Nonprofit aims to build homes for those in recovery

Elijah Family Homes want to provide housing for clients rebuilding their lives after maintaining year of sobriety
April 14, 2025
Robin Wojtanik

A nonprofit focused on providing stable housing for those in recovery is poised to build its first residential community for up to six families while they work toward self-sufficiency.


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Rendering of the MLKJrCenter.

Pasco kicks off renovation of aging community center

April 14, 2025
Ty Beaver

The city of Pasco has kicked off a planned multiphase renovation and expansion of its Martin Luther King Jr. Community Center to revitalize a space that has served residents for nearly 50 years.


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