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Tri-Cities Real Estate Blog

I’ll have a side of re-fi with that, please…

By in Buyers with 0 Comments

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 […]

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Real estate leverage in West Richland, WA

By in Real Estate Industry with 0 Comments

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 […]

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Nice work if you can get it!

By in Buyers with 0 Comments

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 […]

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Is the first offer TRULY the best offer?

By in Buyers with 0 Comments

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 […]

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Seller’s Market in the Tri-Cities?

By in Buyers with 0 Comments

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+ […]

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