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Posts by Don Fenley

MARKET PULSE- June housing market up; middle market pressure dulls average sales price

By Don Fenley | July 7, 2025

The Tri-Cities housing market saw a healthy June uptick and increased middle market pressure advanced a sales distribution shift. Last month’s median sales price was up for the fifth straight…

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MARKET PULSE – Sellers increasing home price reductions

By Don Fenley | June 30, 2025

Tri-Cities home sellers are rebalancing their asking prices in the wake of slower sales, increasing inventory, consumer concerns about affordability and mortgage rates. While the overall region remains a seller’s…

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MARKET PLUSE – Seasonal surge, consumer demand drive higher May new listings 

By Don Fenley | June 23, 2025

A new listing seasonal surge was underway in May with a 7.8% (81 listings) increase compared to this time last year. Most of the increase was in the mid-to top-end…

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MARKET PLUSE – $1 million plus market perks up in May

By Don Fenley | June 16, 2025

Tri-Cities high-end home market shook off April’s doldrums in May with stronger demand, quicker sales, and a dramatic price improvement. A detailed comparison with May last year shows sales volume…

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MARKET PULSE: May mobile home sales up 7.9%, sellers adjust prices to close deals

By Don Fenley | June 9, 2025

Tri-Cities manufactured home sales posted a modest 7.9% year-over-year gain in May. There were 68 sales, up from 63 last year. While overall activity ticked up, pricing patterns and time-on-market…

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NAR Chief Economist Lawrence Yun Says Mortgage Rates’ Fast Rise Hurt Housing Market, During Realtors® Legislative Meetings Economic Forum

By Don Fenley | June 4, 2025

WASHINGTON (June 3, 2025) – National Association of Realtors® Chief Economist Lawrence Yun said existing home sales will increase by 6% in 2025 and by 11% in 2026 during the…

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MARKET PULSE: Townhomes are Tri-Cities top housing market performer

By Don Fenley | June 2, 2025

April’s townhome market shows the growing appetite in the Tri-Cities area for low-maintenance and affordable housing. The regional townhome market outlook is showing signs of normalization faster than the rest…

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Homeownership has critical community, economic and social benefits  

By Don Fenley | May 31, 2025

June is Homeownership Month, and this year’s observance is very different. We’re still adjusting from the hottest housing market in recent history. It’s a slow process and homeownership is taking…

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MARKET PULSE – New home sales down, size of homes and avg. price up

By Don Fenley | May 26, 2025

April’s Tri-Cities new home market saw the result of builders targeting move-up and luxury buyers. Sales were down. So was the median sales price. But the average sq. ft. per…

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MARKET PULSE – $1 million plus home market tightens, sellers show stronger price discipline

By Don Fenley | May 18, 2025

The Tri-Cities $1-million plus housing market is showing signs of tightening. There was one closing in April. That’s five fewer than last year.   Last month’s top sale was $1.2…

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Older Posts »

Recent Posts

  • How To Mitigate The No. 1 Threat To Your Home 
  • MARKET PULSE- June housing market up; middle market pressure dulls average sales price
  • It’s time to double-down on your local housing market IQ
  • MARKET PULSE – Sellers increasing home price reductions
  • Housing market heats us, so do the scams

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