Tri-City Real Estate News

May 2006 Tri-City Home Stats

YeOleImposter — Sat, 17 Jun 2006 15:47:20 +0000

May has been an interesting month for home sales. According to the Tri-City Association of Realtors the number of homes sold and under contract remain only slightly below the record level set in February of this year. What is interesting is that the average sale price of homes dropped $12,500 this month to $165,800 from $178,300 last month and a record $185,500 back in September 2005.

It would be interesting to hear any explanations of the statistics. Are average prices actually going down or are there just fewer McMansions being sold?

Kennewick, Pasco, report sales, Richland, statistics, Tri Cities, Tri City, WestRichland

Court Street Realty

YeOleImposter — Sat, 03 Jun 2006 17:32:17 +0000

Court Street Realty
3616 W Court St
Pasco, WA 99301

(509) 546-0804

agency, broker, Court Street Realty, Pasco, real estate, Realtor, Tri Cities

Carrie Chambers

YeOleImposter — Fri, 02 Jun 2006 03:24:38 +0000

Carrie Chambers

River Realty

(509) 948-0580 - Cell
(509) 546-0946 - Office
cchambers@riverrealtytricities.com - E-Mail

agent, Pasco, real estate, Realtor, River Realty, Tri Cities

Alba Arevalo

YeOleImposter — Fri, 02 Jun 2006 01:25:13 +0000

Alba Arevalo

New Millennium Real Estate

(509) 845-2416

agent, Pasco, real estate, Realtor, Tri Cities

Next Hot Market…think Washington

YeOleImposter — Thu, 01 Jun 2006 22:43:49 +0000

Housing prices may be dropping around most of the country but, according to CNNMoney, home prices in Washington State are being driven up by above average job and population growth.

Kennewick, Richland, and Pasco even make the list with 11% anticipated growth.

For the June issue of MONEY Magazine, Fiserv Lending Solutions and Moody’s Economy.com provided forecasts for the coming 12 months for 380 metro areas - they predict that five of the top 10 fastest growers will be in Washington. Ten of the top 17 will be.

WA Metro	Median Price	Historical Gain (2001–2005)	Forecast (6/2006–6/2007)
Wenatchee	$184,650	38.40%	16.70%
Mount Vernon-Anacortes	$199,947	56.10%	14.50%
Olympia	$198,871	64.50%	13.10%
Yakima	$135,000	23.70%	12.80%
Spokane	$169,000	50.20%	12.40%
Bremerton-Silverdale	$156,353	69.00%	11.50%
Longview	$158,596	36.00%	11.40%
Kennewick-Richland-Pasco	$158,000	29.00%	11.00%
Bellingham	$215,641	83.10%	10.80%
Seattle-Bellevue-Everett	$360,000	49.30%	10.50%
Tacoma	$250,000	53.80%	9.60%

What is keeping Washington’s growth up? It might be that the state is just slow in following trends, and all we have to do is give it some time. Or possibly it is because Washington imports more people than they export - so people from California are coming here and buying our comparatively ‘cheap’ homes.

Kennewick, Pasco, population growth, real estate, Richland

Tippett Company

YeOleImposter — Thu, 25 May 2006 01:33:32 +0000

Tippett Company
2815 St Andrews Loop
Pasco, WA 99301

(509) 545-3355

agency, broker, Pasco, real estate, Realtor, Tri Cities

LaMothe & Associates Inc

YeOleImposter — Fri, 19 May 2006 03:24:13 +0000

LaMothe & Associates Inc
10024 W Court
Pasco, WA 99301

(509) 543-3600

agency, broker, Pasco, real estate, Realtor, Tri Cities

Mary Lynn Heinen

YeOleImposter — Fri, 05 May 2006 23:23:10 +0000

Mary Lynn Heinen
River Realty

(509) 544-2790 - Office
(509) 948-7374 - Cell
marylynnheinen@charter.net - E-mail

agent, Pasco, real estate, River Realty, Tri Cities

Fortunato

YeOleImposter — Thu, 27 Apr 2006 00:36:36 +0000

Fortunato Inc
9602 Vincenzo Dr
Pasco, WA 99301

(509) 545-6699

agency, broker, Pasco, real estate, Realtor, Tri Cities

Desert Hills Realty

YeOleImposter — Thu, 27 Apr 2006 00:33:32 +0000

Desert Hills Realty Inc
1600 N 20th Ave
Pasco, WA 99301

(509) 545-1495

agency, broker, Pasco, real estate, Realtor, Tri Cities