Tri Cities Ranked "Top 10 Real Estate Markets to Watch"
Posted by Colleen Lane on
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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