Latest news

Market Pulse – May 10

By Don Fenley / May 9, 2021

April’s home sales were up 33.7% from April last year, but is that a realistic market indicator?  It’s an accurate number but not totally representative of today’s market conditions.   April last year was the first full month of economic reaction to the pandemic.…

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Market Pulse – May 3

By Don Fenley / May 3, 2021

Vacant land inventory is showing signs of last year’s sales surge. During the first three months of this year, active inventory was down almost 19%, while sales were up 74%. There were 541 sales…

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Market Pulse – April 19

By Don Fenley / April 19, 2021

Three key housing market data points were in sync at the end of March.    There were 991 homes in active inventory. At the same time, there were 983 pending sales…

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Market Pulse – April 12

By Don Fenley / April 12, 2021

Tri-Cities area home prices made another double-digit increase in March. The average residential resale price of $229,499 was 23.2% higher than last year. That’s good news for sellers and not-so-good…

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Market Pulse – April 5

By Don Fenley / April 5, 2021

Buyers are flooding the housing market early in the year. With plenty of buyers and not as many sellers, homes are selling fast at higher prices. So far this year,…

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Market Pulse – March 29

By Don Fenley / March 29, 2021

Land sales in the NETAR region continued an upswing last month. Here’s what the February numbers look like: –         151 sales – one more than in January and 45 more than…

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Market Pulse – March 22

By Don Fenley / March 22, 2021

The current inventory-sales trend is good news for Tri-Cities homeowners who have or will have their homes on the market for the spring and summer buying and selling season. The…

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Market Pulse – March 15

By Don Fenley / March 14, 2021

Get ready to see some big home sales numbers. Beginning next month, the year-over-year residential closings numbers will be comparing today’s rising market to last year’s three-month COVID-induced sales decline.…

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Market Pulse – March 8, 2021

By Don Fenley / March 8, 2021’s economic forecasting team thinks the market will return to seasonality this year. The typical seasonal patterns were tossed out the window last year as individuals and the markets adjusted…

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Market Pulse – March 1st, 2021

By Don Fenley / March 1, 2021

The average local homeowner who sold last month pocketed an average $37,438 more than someone who sold January last year. That’s a 21.2 percent year-over-year appreciation and better than double…

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