Category Archives: Real Estate News

Information on the Real Estate market in the greater tri-city area.

10 Biggest Threats Facing Real Estate

Daily Real Estate News | Friday, June 16, 2017 Global uncertainty and political polarization are the top issues facing the housing industry in 2017 and 2018, according to The Counselors of Real Estate’s annual list of the Top 10 Issues … Continue reading

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Existing Home Sales Rise 1.1% in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on … Continue reading

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State house prices up 12.1% compared to the first quarter of last year

EMBARGO: May 16, 2017- 5:00pm Washington state’s housing market showed the continuing effects of high demand in the first quarter of 2017 according to the Washington Center for Real Estate Research in the Runstad Center at the University of Washington. … Continue reading

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Time on Market Hits New Low in April

Daily Real Estate News | Wednesday, May 24, 2017 Low inventory pushed existing-home sales down in April and sped up the median number of days a home sat on the market to a new low of 29 days, the National … Continue reading

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Why Millennials Value Local Real Estate Agents

Daily Real Estate News | Thursday, April 20, 2017 Millennials love to conduct many aspects of their lives online, but a new survey says that’s not always true when it comes to real estate dealings. Seventy-five percent of millennials recently … Continue reading

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Owners, Appraisers Aren’t Seeing Eye-to-Eye

Daily Real Estate News | Thursday, May 11, 2017 Appraisals in April were, on average, 1.9 percent lower than what homeowners expected. That means on an average home price of $236,400, homeowners misjudged their price by about $4,500. The gap … Continue reading

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Buyers Grow More Confident About Housing

Daily Real Estate News | Tuesday, May 09, 2017 You may need to do less convincing to get home shoppers to make their move in the housing market. Fannie Mae’s Home Purchase Sentiment Index rose 2.2 percentage points in April, … Continue reading

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Home Prices Grow Twice as Fast as Incomes

Daily Real Estate News | Monday, May 01, 2017 Strong buyer demand this spring is pushing home prices up at double the rate of increase in income growth, The Wall Street Journal reports. The median price of an existing home … Continue reading

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Home Sales Zoom to Highest Pace in Decade

Daily Real Estate News | Friday, April 21, 2017 This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a … Continue reading

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