January’s Tri-Cities condo market was a lot like the existing homes sector with the inventory situation on steroids.  Last month the 37 closings were down from 50 last year while…

The current national Attom Data Solutions report on cash sales is good example of how local market conditions don’t always follow the U.S. model.  U.S. cash sales accounted for 30.3%…

Demographic dynamics are rapidly becoming a bigger factor for the housing market. Millennials and the elder GenZers are aging into their prime home-buying years. Combined, they account for the single…

Buyers, sellers, and Realtors® have a long list of things to watch for as the market gears up for this year’s spring buying and selling season. The trend toward less…

Tri-Cities vacant land transactions joined the rest of the real estate industry segments last year for its best-ever year. Sales and leases were up 40.8%. They have increased 214% since…

Prices were up 9.5% for local condominiums and townhomes last year, but sales were down. Lack of inventory and the local preference for detached housing are the drivers for what’s…

There were 9,523 closings on existing home sales in 2021. That’s a 10.6% improvement over the 2020 total.  It’s also the second straight year the annual growth rate has been in…

Pending sales outnumbered new listing again in November, wiping out hopes that a couple of months of small active inventory gains would carry into the New Year. The region went…

Vacant land sales are on track for another annual increase just below the 50% mark. They’ve been on that path since 2020 while sales in some price ranges are well into triple-digit increases.   The three…