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Kennewick, WA
Here are some key points from this month’s market snapshot: Active inventory for the Tri-Cities and areas we’re watching dropped for the second straight month, down to just 536 available homes. Every city but Richland had fewer available homes when we checked this week. This could be weather-related; sellers may have chosen to wait for […]
Ask the REALTOR® is a regular video series in which I answer your most commonly-asked real estate questions. If YOU have a real estate question that needs an answer, drop me a note here. This week’s question: How has this crazy Tri-Cities weather affected real estate business? Here’s the answer in this brief video, and […]
Here’s some really great news for anyone who’s in the home buying market: According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year, fixed-rate mortgage are currently at their lowest since February 2018! Last week’s survey results reported an interest rate of 4.35 percent. That’s a welcome change from the almost 5 […]
I’m thrilled to announce that Monica Garcia has chosen to join the Cari McGee Real Estate Team! As a lifelong Tri-Cities resident, Monica knows the area by heart and her local expertise will be a great value for our clients. She’s a homeowner and a real estate investor herself for more than 15 years, so […]
You’re familiar with the law of supply and demand. It says that the price of any item will change to match both its availability (supply) and consumer interest (demand). When there’s a high supply of a product and little demand, the price will go down. On the other hand, when there’s a low supply and […]
Here are some key points from this month’s market snapshot: Overall inventory is a bit of a rollercoaster these past few months; down, up, and now down again. There were barely 600 active listings when we pulled data on February 5. The overall number of sold homes has dropped three straight months. The January total […]