Latest news

Tri-Cities Area New Home Sales Up 23%, Prices Down 18%

By Don Fenley / January 20, 2025

New homes sold last year in the Tri-Cities area were smaller than the year before and both the median and average sales prices declined. There were 741 new home sales…

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$1-million plus sales down, Dec. top sale at the Ridges

By Don Fenley / January 12, 2025

Top of the housing market closed the year with less than half of the sales of the previous year. There were 70 $1-million plus sales, down from 123 during 2023.…

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Will inventory spur an early start to the Spring home buying, selling season?

By Don Fenley / January 5, 2025

There is a chance that the Spring prime home buying and selling season will get an early start this year after the doldrums that consumed the last half of 2024.…

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New home market moves toward 2025 with affordability focus

By Don Fenley / December 29, 2024

New home sales were down in Nov. and so were prices. Lower prices have been the norm since builders reduced the square footage of their products to increase affordability and…

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Mobile Home Sales Stagnant, Prices Up

By Don Fenley / December 22, 2024

Mobile home sales were stagnant last month, but the effects of a slower market were as clear as they were with stick-built homes. There were 43 sales, down one from…

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MARKET PULSE – Nov. top sale was Mountain City home and farm

By Don Fenley / December 15, 2024

Million dollar plus sales dropped to their lowest level this year in November. There were three sales, down from eight during November last year. The top sale was in Mountain…

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MARKET PULSE – Tracking County-level Inventory, Time on Market

By Don Fenley / December 8, 2024

Inventory and the time a property sits on the market before selling are key housing metrics that savvy buyers and sellers tack. The regional days on market in November 79…

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MARKET PULSE – New home sales up, prices down

By Don Fenley / December 2, 2024

October new home sales were up 30% from last year while the median sales price was down 10.4%. Builders closed on 64 new homes for a median price of $348,398.…

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MARKET PULSE – 2.5% of region’s housing stock second homes, airbnb rentals

By Don Fenley / November 24, 2024

They’re a housing element all-unto themselves that often gets little attention in the broader conversation about housing in the Tri-Cities region. According to Census and web services counts there are…

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MARKET PULSE – October top sale was in the Ridges

By Don Fenley / November 17, 2024

A 14-room home with 9,000 sq. ft of living space perched atop one of the highest points in the Ridges was October’s top sale. The five bedroom, six-bath home sold…

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