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With the Tri-Cities market so heavily favoring sellers (same as just about every market across the country), friends have asked me … why is anyone buying a new home right now, anyway? It’s a good question, and the answer is simple: People move and buy new homes for a variety of reasons. Some people move […]
If you’ve shopped for a home with me, you know I am always thinking about resale. I always look at any house with the thought in the back of my head, “When they call me in two, 10, or 25 years and want me to sell this house for them, what will the resale advantages […]
Over the past five years, the average rent for all Tri-Cities apartment rose by 30%, from $785 to $1,022. (That’s according to data from the Washington Center for Real Estate Research.) Mortgage rates, on the other hand, have gone down and have hit record lows more than once this year. That means there’s a great […]
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 […]