Tri-City housing market does well, despite Hanford layoffs

Tri-City housing market does well, despite Hanford layoffs

Hanford nuclear reservation has helped keep the Tri-City housing market healthy while the recession beat up housing markets in many other parts of the nation.

… The $1.96 billion in stimulus money from the American Recovery and Reinvestment Act, which pumped up jobs at the Hanford nuclear reservation in the past two and a half years, is mostly spent now.

But despite almost 2,000 layoffs so far at Hanford and up to an additional 1,060 possible this year, many apartment owners and homebuilders remain optimistic about the Tri-City housing market…

Read Story on The Seattle Times…