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Tri-Cities Real Estate Market: June Stats (very late!)

By in Tri-Cities Housing Market with 0 Comments

Take a look at June’s stats for the Tri-Cities real estate market. You’ll see a marked uptick for real estate business that month.  Remember, May showed a precipitous decline in homes under contract, because the tax credit expired April 30th.  June CLOSINGS were phenomenal because until Congress extended the closing deadline, all of those deals put together by the end of April had to close by the end of June.

June-2010-13

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What June’s “under contract” table shows is that people are still buying houses.  In May, it was almost as if everyone took a deep breath and…held it!  The number of homes that went under contract in May was more like what we see during the winter months, not the sunny, not-too-warm-yet spring we experience here in the Tri-Cities.  June, however, brought us back far closer to a normal early-summer number.

June-2010-14

(click for a larger version)

Phew!

The good thing about doing a stat post so late like this is that we won’t have to wait so long to see if July reflects the trend I think began bubbling up in June!

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About The Author
Cari McGee

My husband and I came to the Tri-Cities in 1994, and we thought it would be a temporary stop on our way to larger cities. He was a television sports anchor at the time, and we planned to go wherever the "next step up" took us. Twenty-plus years later, we're still here and we've loved every minute of it! We have two children now, and we've found the Tri-Cities area is a wonderful place to raise a family. It's a great place to do outdoorsy things -- I like to hike Badger Mountain or run along the river path. I also love reading ... by a cozy fire in the winter or a beautiful picture window in the summer (with the A/C on!). I've been a licensed Realtor since 2004. I earned my managing broker's license in 2016, which means I can run my own brokerage, or create a team of real estate agents and supervise them, which is exactly what I did when I formed the Cari McGee Real Estate Team in 2018! We have administrative and marketing personnel, as well as additional agents to serve you. I became a director of the Tri-Cities Association of Realtors Board of Directors in 2016, became Secretary/Treasurer of the organization, and was elected to Vice President in 2019. Want to talk about real estate? Click here to schedule a meeting with me!

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