Over the past several years since the recession hit, Tri Cities Washington has almost seemed as if it’s been in a bubble. This is not to say that the Tri Cities are invincible but the area is undeniably maintaining our strong economy. When compared to this time last year when home sales have gone up nearly 15% to 4,516 sales so far this year compared to the 3,918 home sales at this time last year. Not only are home sales up in the Tri City area but so are single family building permits that are issued. For the third year in a row single family building permits issued in the Tri Cities as of October of this year have increased by about 10%.
Not only are the Tri Cities Washington doing well in the area of Real Estate but the area has also been recognized for several other big achievements. Just recently the Tri Cities was recognized by Garner Economics in a study as the top metro area for employment growth. Over the last few months the Tri Cities has also been recognized for having the lowest cost of living in the state and being the best place to start a second career as well as ranking on two top ten lists for best place to raise a family and best performing metro areas.
Posted by Joe and Colleen Lane, your Tri City WA Real Estate Agents. Call or email us today with your Tri Cities WA real estate questions! 509.438.9344Posted by Colleen Lane on