Posts by Wayne Porter
Scams – the Ugly Side of the Rental Market
A March local residential rental report found higher rents and affordability were the norm. The median for all rents area wide is almost $1,100. And rents on one-bedroom apartments in…
Read MoreFundamentals For Navigating Today’s Housing Market
Thinking about buying or selling a home in 2025? Here are a few basics to help guide you through some confusion and media myths. NOW IS NOT A BAD TIME…
Read MoreVeterans Have Big Role in Local Housing Economy
Last year, conventional loans dominated local home sales, but they didn’t have the highest sales price. That distinction went to Veteran Administration loans. The primary counties in the region monitored…
Read MoreFlips can be great investment, or a money pit
Remodels, upgrades and flipped homes are supposed to get more attention this year. That means stacking a record year on top of a record year. That’s good news on some…
Read MoreTri-Cities commercial real estate on the upswing
While 2024 was a so-so year for residential real estate the world of commercial real estate performance was the opposite. It’s a welcome respite from 2023. At the year’s end,…
Read MoreCompetitive Pricing Key Strategy In Today’s Housing Market
There’s a long list of things to consider before putting property on the market this year. But one stands head and shoulders above the rest. It’s the role strategic pricing…
Read MoreWant A Bigger Slice of the Economic Pie, Pay Attention to Real Estate
One part of the local economy story that often gets overlooked is the real estate contribution. But if you want a better grasp of what makes the regional economy tick,…
Read More2024 Year-end state of the housing market
The Tri-Cities area housing market had a pretty good year in 2024 despite the fact that sales and prices were readjusted to more normal conditions. Conditions look good for improvements…
Read MoreHousing metrics to watch as 2025 market drivers
If you want to get an edge on what this year’s housing market will look like as we head into the prime season, the metric that stands out is the…
Read MoreGet ready to navigate the 2025 housing market
A new year is typically greeted with healthy amounts of relief that the previous year’s rough patches are history and better things on the horizon. Given current conditions, 2025 comes…
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