Tri City Housing Market Looking Good in the New Year

Columbia River Boat SailingLocal Market Monitor, a real estate forecasting company based out of North Carolina has comprised a list of ten communities nationwide that have good housing market prospects. Number four in that list is the Kennewick-Pasco-Richland housing market. This company is forecasting the Tri City area to have a stable market this year. According to Carolyn Beggs, the chief operating officer, "The area's good job growth and low unemployment rate makes it a desirable housing market." In the past six years the Tri Cities have had an average of 1,404 homes listed for sale at the beginning of the year, now that inventory number is down to about 1,000. Home sales are up, last year a record 3,122 homes were sold, up from 2,964 in 2008.

by Colleen Laneby Colleen Lane
The Lane Real Estate Team
(509) 438-9344 - Colleen cell
Feel free to call or text!
lanerealestate@gmail.com


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2 Responses to "Tri City Housing Market Looking Good in the New Year"

Ashlee wrote: Sounds like great news for the tri-cities area. Hopefully this news turns out and 2010 will be a great year!

Posted on Tuesday, January 12th, 2010 at 5:43pm.

Real Estate City wrote: This is great news for the real estate market, i have lived in the area for seval years and for those looking for property, it's a great place to live.

Posted on Sunday, January 17th, 2010 at 8:55pm.