Archive for April 2025
MARKET PULSE: Tri-Cities Q1 new home sales, prices increase; builders pulling more permits
Despite high mortgage rates, whiplash tariffs news with accompanying stock market gyrations, Tri-Cities new home sales increased 8% during the first quarter of this year. And prices are creeping up.…
Read MoreReal estate: A cornerstone of region’s small business footprint
May is the only time the most important piece of the local and U.S. and local economies is formally recognized. Small Business Month’s goal is to honor the entrepreneurs who…
Read MorePending home sales, inventory, new listing increase in March
Pending home sales, inventory, and new listing increased in March. The increases capped a lackluster start to the new year and signaled a more active prime home buying and selling…
Read MoreMARKET PULSE – $1.4 million Gray sale leads Tri-Cities robust luxury market
Flagging consumer confidence may be driving fewer home sales and softer prices in the broader housing market, but not in the Tri-Cities luxury market. First quarter $1 million plus sales…
Read MoreRealtor.com survey puts new face on moving day
As soon as we get past the Tax Day hangover and the current brouhaha of the Sullivan Co. reassessments, it will be time for the focus to return to all…
Read MoreMARKET PULSE – Tri-Cities becomes a moderating seller’s market
Tri-Cities sellers continue to benefit from favorable housing market conditions, but things are changing. Here’s what’s driving the change. Increasing inventory and diminished demand are two of the top reasons…
Read MoreThe many faces of affordable housing
No housing discussion is complete without paying attention to the workforce housing and affordability issue. The difference between workforce housing and affordable housing is simply this: Workforce housing refers to…
Read MoreDownward pressure on home prices noted, but they’re still increasing
At the end of March, Tri-Cities active inventory was up 29.2% from last year. A noteworthy improvement, but 11% less than it was in its next best year (2020). That…
Read MoreInspection a Critical Factor in Buying An Older Home
How many times have you heard the Tri-Cities stock of older homes being described as an asset of “good bones” that presents unique architectural features and charter to the community? …
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