I’ll have a side of re-fi with that, please…
Posted on Feb 25, 2007 by Cari McGee in Buyers, Tri-Cities Market
Foreclosures are on the rise in the Tri-Cities area, and state-wide, for that matter. According to today’s Tri-City Herald (2/25/07), there were 25% more foreclosures in ’06 than in ’05 across the state. In the Tri-Cities area, there was an almost 19% increase in ’06 (738 trustee sale notices vs. 601) over ’05. However, the title [...]
Real estate leverage in West Richland, WA
Posted on Feb 23, 2007 by Cari McGee in Real Estate Industry, Sellers
My husband, Matt McGee, knows SEO, but he doesn’t know real estate, the cutie. We’re not a fixer-upper family. We’re the kind of people that other people flip houses for. We’re the kind of people who order those Time-Life books about Home Improvement and Renovation, but we never open them. We watch Extreme Makeover: Home [...]
Nice work if you can get it!
Posted on Feb 19, 2007 by Cari McGee in Buyers, Real Estate Industry, Sellers
I’m talking about title insurance. Did you know that title insurance insures BACKWARD? Everything else you buy insurance for, is to protect/provide against future events, things that may or may not occur. Title insurance insures against things that have already happened. It protects against known events. I want a gig like that! Of course it’s not a perfect [...]
Life-long Tri-Cities Resident – blessing or curse?
Posted on Feb 18, 2007 by Cari McGee in Buyers, Sellers, Tri-Cities, WA
First, let me say I’m not one. I grew up in southern California, lived in Bishop, CA, and Twin Falls, ID before landing here. For the last several years, I wondered what it would be like to live your whole life in one spot. Or, even go away to college but come back and build a [...]
Is the first offer TRULY the best offer?
Posted on Feb 17, 2007 by Cari McGee in Buyers, Sellers, Tri-Cities Market
There’s a real estate saying…”Your first offer is usually your best offer.” Like “…location, location, location…”, everyone seems to know that one. I’ve had sellers ask me, “Is it true? Is the first offer the best offer?” Answer… “no, but sometimes it feels like it!” I listed a property on February 2nd, and we had an offer [...]
Seller’s Market in the Tri-Cities?
Posted on Feb 13, 2007 by Cari McGee in Buyers, Sellers, Tri-Cities Market
Yes and no…I took at look at the absorption rate over the last 3 months, for houses only in the $175,000 to $195,000 range, across the four main cities. Our exisiting inventory will last only 2.6 months at the current rate! The breakdown is as follows…0-4 months is a seller’s market, 5-6 months is average, 7+ [...]
Take-Your-Husband-and-Son-To-Work Day
Posted on Feb 9, 2007 by Cari McGee in Buyers, Real Estate Career
Sat down with the husband and our nine-year-old son last night to watch HGTV’S House Hunters. Normally, they’re watching sports, but for whatever reason, they were watching that show. I joined them and we saw a couple working with a realtor, looking for a five-bedroom house. My son Sean asked me if showing houses was hard work. [...]
Tri-Cities, WA January ‘07 Solds, Actives, Under Contracts and more…
Posted on Feb 7, 2007 by Cari McGee in Tri-Cities Market
It’s stats time again! Point to ponder…more sales were closed in January ’07, as opposed to Jan. ’06, but the inventory was lower. I’m going to take a look at absorption rates soon and post on those in a couple of days. Download: January 2007 Tri-City Real Estate Market Statistics (640k PDF)
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