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The affordable housing struggle has and continues to cloud a significant point. During the 12 months ending in mid August, 65% of all the homes sold in the Tri-Cities region…
Read MoreThe Tri-Cities Region added its 43rd $1 million plus home sale in July. That’s a 34.4% increase over sales during the first seven months of last year. There were seven…
Read MoreBuyers seeking affordable housing are increasingly turning to manufactures homes as a resource. July sales were 38% higher than last year and the median sales price was up 11.7%. According…
Read MoreNew home shoppers will see smaller home offerings until the housing affordability issue eases in the Tri-Cities. It’s one way builders are coping with the economic realities of the affordability…
Read MoreBuyers have more choice and better bargaining positions as the local home sales tend slouches toward a pre-pandemic level. That’s because slower sales are allowing faster inventory growth. July’s active…
Read MoreJune was not a very good month for single-family detached home sales, but the same was not the case for mobile homes. There were 44 sales, and the median sales…
Read MoreOne of the most valuable housing market metrics is months of supply. That’s the number of months it would take to sell all the homes currently for sale, given the…
Read MoreA recurring item in monthly regional home sales reports for the last two and a half years has been declining home sales. It’s typically referred to as a retreat toward…
Read MoreAffordable housing – or the lack of it – gets a lot of attention these days. Some of it’s accurate. Some isn’t. Let’s look at the numbers. Good news first.…
Read MoreMobile homes continued a brisk sales rate last month as affordability conscious buyers sought relief from higher prices in the detached single-family, townhome and condo markets. Thirty-six manufactured homes sold…
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