new-house

Building Our New Home, Part 1

Posted on Nov 7, 2011 by in Buyers, Real Estate Industry, Sellers, Tri-Cities Market

This is the first (of I have no idea how many) in a series I’m going to write about building our new house. Some things you should know up front – we are not the builder. (Thank Heaven! Neither Matt nor I possesses the skill-set necessary to build a house!) We are using a production [...]

tri-city-real-estate-stats

3rd Quarter Tri-City Real Estate Stats

Posted on Oct 31, 2011 by in Tri-Cities Market

Sorry it’s been so long, everyone!  I’ve had a super busy 3rd quarter, and October hasn’t seen a slackening at all.  So, no real time to put numbers together for a stat post.  However, I do hate to go too long without covering the numbers, so here goes… Let’s take a look at the upper [...]

Tide-You-Over Stats

Posted on Oct 5, 2011 by in Tri-Cities Market

The last time I wrote about market stats was in July, covering stats through June.  I’m waiting for the sales for September to shake out and then I’ll do a 3rd quarter blog post, covering the info from all three months. In the meantime, I noticed something in August, and did a little research… In [...]

What the Hanford Layoffs DON’T Mean

Posted on Oct 2, 2011 by in Buyers, Tri-Cities Market

I have some clients currently trying to buy a house.  The wife of the couple told me on Friday, “If they don’t accept our offer, too bad.  There are layoffs, and lots of houses will be coming on the market.  We’ll find something else.” I have issues with a lot of what she said, but [...]

real-estate-investing

Why Investing in Tri-Cities Real Estate is a Smart Idea

Posted on Aug 29, 2011 by in Kennewick Real Estate, Pasco Real Estate, Richland Real Estate, Tri-Cities Market

I used to kind of freeze up when people talked to me about investment property.  I would smile and nod and parrot, “Yes, it looks like a good investment.” However, now I am so thrilled to be able to articulate WHY.  I took a class (a couple, actually), in investing – how it works, what [...]

real-estate-12

June’s Real Estate Stats – Half Way Through and the Tide is Turning

Posted on Jul 29, 2011 by in Tri-Cities Market

I feel like a broken record.  I’ve been saying to the sellers I represent, and to others to whom I’ve presented marketing proposals, that the inventory is increasing, demand is staying steady, and that means prices are going down. When I say inventory is increasing, I mean more houses are coming on the market.  Interestingly, [...]

May-2011-12

May’s Real Estate Stats Tell An Interesting Story

Posted on Jun 26, 2011 by in Tri-Cities Market

Mostly we learn that inventory is up…way up! The last time we saw this many homes on the Tri-Cities real estate market, President Obama had been elected, but not yet sworn in.  So, what does this mean? Well, from a supply and demand perspective, the perfect time to have sold your house was sometime between [...]

April-2011-8

Home Is Where the Crowds Are? (Tri-Cities Home Sales Stats, April, 2011)

Posted on May 27, 2011 by in Buyers, Sellers, Tri-Cities Market

Let’s jump right in, shall we? Year-to-date (through April 30, 2011), there were 206 single-family building permits issued for Kennewick and Richland combined.  By contrast, there were 199 single-family building permits issued for the city of Pasco alone. And, take a look at the new home sales in those cities… So the homes being built [...]