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Kennewick, WA
Tri-Cities homes buyers have finally been able to take a breath. As you saw last week in our latest housing market update, inventory — the number of available homes for sale — has gone up for three straight months. That hasn’t happened since August-October of 2019. When we did our inventory snapshot on August 5, […]
Good news: It looks like the Tri-Cities housing market is continuing to shift! Mind you, we’re nowhere near a normal/balanced market, but things are definitely shifting back in that direction. Let’s dive into this month’s numbers. Inventory Up 36%, Third Straight Month of Gains When we did our market snapshot on Thursday, there were 270 […]
Something strange happened this month in the Tri-Cities housing market: The number of homes available for sale went up for the second straight month. You might ask, “What’s so strange about that, Cari?” Well, we haven’t seen inventory go up for two consecutive months since September and October… …of 2019. It’s true! September/October of 2019 […]
It’s nice to see so much green on our monthly Tri-Cities housing market graphic, isn’t it? But this month’s update is actually a mixed bag of good and bad depending on whether you’re a buyer or seller. Let’s dive in! Tri-Cities Housing Inventory Here’s some good news to begin with: After seven straight months of […]
Supply and demand isn’t the only reason that Tri-Cities home prices — and home prices all across the country — are on the rise. The cost of lumber is a huge factor, too. The National Association of Homebuilders recently reported that lumber prices have tripled in the past year, and now account for an extra […]
The strong seller’s market continues! I really wish I had something new and different to share, but no such luck. Inventory continues to decline and home prices are about as high as they’ve ever been. Let’s take a closer look…. Inventory When we did our market snapshot last week, there were only 163 active listings […]