Latest news

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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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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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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MARKET PULSE – April Mobile Home Prices Decline, Sales Increase

By Don Fenley / May 4, 2025

The mobile home market broke the trend line of softer sales and higher prices in April. Sales were up from last year while prices declined. Buyers had more options and…

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MARKET PULSE: Tri-Cities Q1 new home sales, prices increase; builders pulling more permits

By Don Fenley / April 27, 2025

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.…

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MARKET PULSE – $1.4 million Gray sale leads Tri-Cities robust luxury market

By Don Fenley / April 20, 2025

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…

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MARKET PULSE – Tri-Cities becomes a moderating seller’s market

By Don Fenley / April 14, 2025

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…

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Downward pressure on home prices noted, but they’re still increasing

By Don Fenley / April 6, 2025

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…

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