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Archive for September 2023

Buying a flipped house? Check and double check it out   

By Jan Stapleton | September 30, 2023

Affordability is at the top of today’s real estate pyramid of concerns. Prices have seen double-digit increases during the past three years and they’re on track for an annual appreciation…

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Condo market outperforming single-family sales, prices

By Don Fenley | September 30, 2023

Condo sales are a minor part of the local housing market, but things are changing. During August, the condo/townhome market’s sales and prices outperformed the single-family market. August isn’t a…

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Complex housing market increases Realtors’ worth 

By Jan Stapleton | September 23, 2023

Skyrocketing mortgage rates crimped affordability, and inflation have taken much of the shine off this year’s buying and selling season. But, it hasn’t totally stifled consumer demand even when combined…

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Rental market is tight, but vacancy rates vary

By Don Fenley | September 23, 2023

Does anyone have or know of a rental coming on the market rental? You don’t have to look hard to find rental requests on social media. It’s also common when…

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National firms put more pressure on local mom-and-pop firms

By Don Fenley | September 21, 2023

Here’s a trend many consumers will applaud. More national brand tenants are coming to or expanding in the Tri-Cities.  And it’s a trend that is and will continue putting more…

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Pending home sales post small seasonal gain

By Don Fenley | September 18, 2023

The local housing market saw a small seasonal pending sales uptick last month. They’ve increased in August in four of the last six years before arching lower as the market…

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Number of cash home sales decline

By Don Fenley | September 16, 2023

There are not nearly as many cash deals for single-family homes this year, and they lost market share for the third straight month in August. Instead of trending slightly higher…

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Market’s still messy, but as competitive as ever 

By Jan Stapleton | September 16, 2023

Despite a perfect affordability storm that continues to thwart many aspiring homeowners, the local housing market remains as competitive as ever. Small changes – some encouraging and some stuck in…

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Home sales see small gain, prices make small dip 

By Don Fenley | September 12, 2023

Small changes were the hallmark of August’s housing market. Prices dipped slightly below July’s level but were 9 percent higher than last year. Sales eked out a small monthly gain…

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August 2023 Market Toolkit

By Don Fenley | September 12, 2023
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