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We don’t have a whole lot of surprises to share in this month’s Tri-Cities real estate update. We have more homes for sale than we’ve had in at least five years, but it’s not unusual for inventory to go up in November. What is unusual is that our sales activity last month was up 5%; […]
Call it the Autumn drop. Call it the “school’s back in session” drop. Call it whatever you want, but a Tri-Cities’ real estate market certainty is that sales activity starts to slow down at this time of year. 2023 is no exception, as you can see above. We had a sizable drop in sold activity […]
Look at all the green in this month’s market update graphic! It’s not usual for one color to dominate like that. It means there’s something for everyone to smile about this month. Let’s dive in to the numbers. Homes for Sale in the Tri-Cities (aka Inventory) I was thinking we were gonna hit 800 active […]
When our monthly graphic is half-red and half-green like this month’s is, it usually means some good news for buyers and some good news for sellers. And that’s pretty true this month, depending on where you own a home or where you’re looking to buy one. But overall, the Tri-Cities market continues to stay strong […]
While headlines across the country talk of scarce inventory, the Tri-Cities is again going against the grain. Locally, the number of homes for sale has gone up three straight months — even while the number of homes sold is also on the rise. Home prices remain steady, too. Let’s take a dive into this month’s […]
The increase in activity that we usually see in March/April may have finally begun in May. And even with mortgage rates still hovering around 7%, there are some good signs for buyers in the current Tri-Cities housing market. Consider: There are more homes for sale today than any time so far in 2023. There are […]