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Just yesterday I touched on this possibility in my stats post for the month.  This morning an article in the Tri-City Herald confirmed my suspicions.

The headline reads like the story is about lending only, but a couple of real estate brokers are interviewed, as well as Jeff Losey, the head of our local Home Builder’s Association.

My favorite quote come from my broker, Dave Retter –

“The problem is everybody wants to wait until the bottom hits. When do we know the bottom’s hit? On the way up,” he said.

EXACTLY.  I know some buyers waiting until the precise right moment.  However, they won’t know when it’s been the right moment until after the moment is gone.

This isn’t a “Ra-Ra, buy today!” message.  This is simply a snapshot of our market at this point in time, and theories about where it’s going.  Enjoy the article.

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Cari McGee

Hi, I'm Cari McGee. 👋 I've lived in the Tri-Cities since 1994 and I've been a licensed Realtor® since 2004. That's a lot of local knowledge and real estate experience that I put into every article you read on my website! We've helped more than 560 families buy or sell property in the Tri-Cities. In 2023, our community voted us the bronze winner for Best Real Estate Team in the Tri-Cities Best voting. Learn more about me by clicking the link right above. And if you have any questions, get in touch anytime!

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