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In a market that’s as competitive as the Tri-Cities, pre-approval is a must for anyone hoping to buy a home. But there are still a lot of buyers who are trying to buy their dream home without being pre-approved, and they’re striking out. According to a recent survey from realtor.com, more than half of buyers […]
For the 7th straight year, Americans say real estate is the best long-term investment opportunity — beating out stocks and bonds, savings accounts/CDs, and gold. In this year’s Gallup Economy and Personal Finance survey, which was conducted April 1-14 of this year, 35% of Americans named real estate the top investment. Stocks were a distant […]
Even as home prices have risen, homes are more affordable. How’s that even possible? Follow me on this as you read below. Logically, it makes no sense … but the numbers don’t lie. You know home prices are up in the Tri-Cities. We’ve been repeating that on a regular basis here. They’re also up across […]
When the real estate market is moving as quickly as ours has for the past couple years, and when inventory is as tight as it’s been (across the country, not just here), you might think homebuyers would have to sacrifice some of their wish-list items in order to get in a home that works for […]
Let me start with my usual disclaimer that all real estate is local, and what happens nationally doesn’t always impact us here in the Tri-Cities. That said, it’s still smart to know what’s being said across the industry as a whole because things like the presidential election or the recession that some (but not all) […]
If you’ve read any articles lately about housing affordability, I bet you’ve seen it described as a “crisis.” From what I’m seeing in the news, those two terms are practically inseparable of late. But no matter what the headlines say, the data tell a different story. It’s true that home prices are rising, especially here […]