Tri Cities Ranks in 9 Fastest Growing Housing Markets

The Tri Cities Washington area is a great place to buy a home, if you don't believe me then check out the recent data released by the Case-Shiller Housing Index. The Tri Cities, Washington area made it into the top 9 fastest growing housing markets in the country.

Throughout the country the projected housing markets are rather bleak. Out of the 384 largest metropolitan areas in the United States only 50 are expected to remain unchanged to the dropping prices. These 50 states will not experience large gains in housing prices; rather they will see modest climbs. The Tri Cities has done well, home values are expected to grow 3.6% over the next year. The growth is due in part to the low interest rates…

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Tri Cities WA One of the 10 Best Places to Raise your Kids
A few years ago the Tri Cities was ranked as one of the ten best places to raise a family. Well, they did it again, Kiplinger just released another "Top 10" list of best places to raise kids and guess who made the list? You got it, Tri Cities made it on the list again coming in at number 2! In order to make it on the list the Tri Cities was first looked at in regards to the ratio of family income to cost of living, crime rates and percentages of families with children. Then Kiplinger took a look at educational factors and fun aspects (ie. Parks, playgrounds, libraries). Tri Cities is home to 29 parks, a family fishing pond, a splash park, a quarter acre playground of dreams and 300 days of…

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Tri Cities WA: 13th Strongest Economy
The Tri Cities WA was recently ranked as the 13th strongest metropolitan economy. A recent report put out by Policom Corp studied 366 metropolitan areas and ranks them based on 23 distinctive economic factors over a 20 year time frame. These 23 factors include earnings, jobs, and wages in the areas of retail, farm jobs, non-farm jobs. Since 2009 the Tri Cities has been making a steady climb towards their present position of 13. In 2009 the Tri Cities was ranked 125th, in 2010 their ranking was 70th, and in 2011, 35th. The Tri Cities current placing has been accredited to having a very strong economy due to its ability to weather the recent recession.

Tri Cities Washington
The Tri Cities is located in southeastern…

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Forbes has recently come to a conclusion that residents of Tri Cities Washington have known for many years, the Tri Cities is a geeky place. Out of all the areas throughout the nation the Tri Cities ranks 11 as the geekiest place to live. This ranking is mostly attributed to the fact that 11% of the population works in a field having to do with science, technology, engineering, or mathematics, right behind Seattle with 11.8%.

Those who live in the Tri Cities Washington know its more than that when they look around; science is a huge part of the Tri Cities. Residents live on streets such at Einstein Avenue, Curie Street, Proton Lane, and Mercury Drive. Many residents have some fun at Atomic Bowl or get a bite to eat at Atomic Ale and Brewery, and they…

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The Tri Cities Association of Realtors® June 2011 market report was made available today. Things might seem bleak given the number of homes on the market(1) versus the number of homes sold(2) when comparing to last year's June. However, our homes appear to be increasing in value(3) and the really good news is our market might be headed for an upturn in sales given the number of homes under contract(4). Of course, remembering this time last year the First Time Home Buyer Credit was available, but having said that, June's sales are the lowest in 4 years. Given the rest of the United States' real estate markets, we are thankful to be in the Tri Cites as for the most part our homes are either maintaining their value but most often increasing in value. Plus,…

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Tri Cities Ranked "Top 10 Real Estate Markets to Watch in 2011"
Recently Inman News compiled a report of the "Top 10 Real Estate Markets to Watch in 2011". Among the areas listed on the report is our very own Tri Cities Washington Real Estate Market. In order for a city to make it onto the Top 10 list those compiling the report looked at unemployment rates, 1-year forecasted job growth, median household income, home sales, building permits issued, population, foreclosures as well as other statistics.

The unemployment rate in Tri Cities Washington compared to other areas is fairly low, as of December 2010 the unemployment rate was at 7.8%, almost 2% below the national average. Over the next year the Tri Cities is expected to see 1.1% employment growth, a…

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Tri Cities Washington The Next 2020 "Boom Town" According To Inman Real Estate News
Recently, Tri Cities Washington Real Estate is among the top 10 places in United States to experience growth in the next decade. Among the 10 metro areas in the United States, Tri Cities Washington's Kennewick, Richland, (West) and Pasco were number two (#2) on the list of "Top 2020 Real Estate Boom Towns" among potentially thousands of other candidates. Here is the top 10 list from Inman News:

Rank Metro Area Pop. 2010 Pop. 2020 (projected) % change
1 Raleigh-Cary, N.C. 1,140,057 1,546,556 35.7%
2 Kennewick-Pasco-Richland, Washington 255,485 345,779 35.3%
3 Austin-Round Rock, Texas 1,729,845

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Little ol’ Tri Cities Washington isn’t as quaint as those living here might think it is. Dating back to the early 1900s the Tri Cities has been recognized for many great accomplishments and earned a place on many different Top 10 or Top 20 lists around the nation.

The most recent accomplishment or Top 20 list that the Tri Cities has made its way on to is the American Cowboy Magazine’s Top 20 list of the best places in the west for a cowboy. The magazine looked at places where there are still beautiful pieces of untainted land, untouched by the metro areas. Places where cowboys could hang their hats with plenty of room to stretch out. The Tri Cities own Kennewick Washington made it onto the list as one of four cities in the Northwest. The article…

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The real estate forecast is looking great for the Tri Cities Washington area according to Veros Real Estate Solutions, a Santa Ana, California based technology firm. Veros has predicted that 40% of the major metro areas across the nation are expected to see home prices going up.  This forecast issued by Veros utilizes over 50 factors to enable them to produce trustworthy predictions about market trends. Some of the factors used to predict these market trends include unemployment and housing inventory levels.

One of the projected top five strongest markets is our very own Tri Cities Washington. The Tri Cities – Kennewick, Pasco, and Richland – has been predicted to see a 3.4% increase in home prices. According to Eric Fox, Vero’s vice president of…

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What follows is a letter submitted by the Tri Cities Home Builders Association's Reneé Dahlgren to the Pasco City Counsel and the Franklin County Commissioners in opposition to the proposed Pasco School District impact fees. We too are opposed to the idea and HBA's letter sums up our thoughts exactly.

On behalf of the Home Builders Association of Tri-Cities (HBA), I would like to submit our opposition to proposed traffic impact fees suggested by the Pasco School District's Superintendent in the December 2nd article in the Tri-City Herald. First, we fully understand the need for the Pasco School District to find ways to fund their capital projects. Our members don't just build in this community – they live and play here too, and their children attend…

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