Tri-Cities Real Estate Market Update: January 2019

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With the new year comes some new inventory. Listings are up almost 20 percent from last month!

Despite that gain, there are still fewer than 1,000 available homes, which has been the case every month since December 2014. Prior to that, we’d had more than 1,000 homes on the market almost every month since 2003!

What does this mean for you as a buyer or seller?

As a buyer, you still need to be ready to jump if you see a house you like. Be sure you’re pre-approved beforehand so you don’t need to waste time getting pre-approved. Doing that task beforehand will help you write an offer faster, and you may win out over someone who still needs to pre-approved. Likewise, if you need to sell a house, put it on the market so it’s at least under contract before you write an offer on something else.

If you’re a seller, list NOW! Inventory is needed, across all price ranges.

As always, give us a call, text or email if you ever have questions about the housing stats here in the Tri-Cities, or in your specific neighborhood.

Get in touch with Cari's team!

Have a question about the Tri-Cities? About the process of buying or selling a house? Get in touch with us below -- name and email are required so we can respond. Please provide your phone number if you'd prefer a call or text message in return.

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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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