Housing Market Doing Well in Kennewick Washington

CNNMoney.com recently published a report about the top housing markets where recovery has been the best. Housing in the Palm of Your HandsOne of those markets is Kennewick, Washington in the Tri Cities. Since 2006 the housing market in Kennewick has increased 5.7% and it is being forecasted that the market will continue going up at least 3.9% in 2011. The expected steady rise of the housing market in Kennewick, Washington is a result of the cost of living being 27% lower than that of Seattle. Employment has also continued to stay strong in the area; the unemployment rate in December was 8.1% which is well below the national average.

Joe and Colleen Lane, Kennewick Real Estate Agents, here to serve you! Call or email us today! 509.438.9344

Posted by Colleen Lane on
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Looks like the economy is going to be the biggest factor for the housing market to come back. Lack of jobs is what is causing more and more foreclosures at this point. Sounds like your market is strong due to the economy and cost of living stay steady.

Posted by Corona Homes on Saturday, March 13th, 2010 at 1:31pm

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