Richland Real Estate Blog

The Herald paints a fairly rosy picture of the Tri-Cities economy in an article today about local impacts of what’s happening nationally (and internationally, for that matter).

The article includes quotes from several Richland business owners about how they’re faring at the moment:

Dale Sumsion, 3 Rivers Furniture Gallery

Dale Sumsion said even though the store hasn’t needed any loans lately, they’re concerned about the plummeting stock market’s effect on their customers.

“If they lose their disposable income, that will really affect our clientele,” he said.

Pete Carroll, Richland Bell Furniture

“It’s a concern in that consumers don’t have the confidence that they had in the past and they’re not willing to go out and make any purchases,” he said. “They’re just doing the essentials.”

Darin Warnick, Greenies

“There’s not exactly money to pay somebody right now,” Darin Warnick said.

The couple were unable to get a loan to buy the business, Darin Warnick said.

“They told us things were really tight,” he said.

Instead, they used equity from their home and credit cards.

Several area bankers all agree that things aren’t too bad in our area … at least not yet.

Thank you for reading this article on the Richland Real Estate Blog. If you arrived here looking for specific real estate information, or would like to speak with a friendly, fun, professional, and low-pressure real estate agent, please contact Cari via her web site or call her directly at 509 – 430 – 5342 and she’ll be glad to help. Thanks again for visiting!