Tri-Cities Housing Market Stats for February 2009

Posted on Mar 31, 2009 by in Tri-Cities Market

Wow – check it out…inventory is down significantly than in years past. Closed sales are lower, too, so there’s no problem. Right now.

housing stats

With the stimulus money pouring in to the Tri-Cities, guess what that means? More jobs, more people moving here, and more people getting better-paying jobs and wanting a larger house.

That correlates into higher demand for housing, and when you have a dwindling supply coupled with an increased demand, you get a seller’s market.

For many reasons, we don’t want that to happen – sure, sellers would be happy, but not if they’re buying a bigger house after they unload their first place!

Download the full Tri-City Real Estate stats for February, 2009. (608k PDF)

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