The downside of a hot housing market with rising prices is often a loss in affordability. Sullivan and Washington counties are in that boat. During Q3, housing was less affordable than the previous quarter and last year. But both also… Read More ›
REAL ESTATE
Tri-Cities commercial real estate market better than what the data shows
August was the best month so far this year for Tri-Cities commercial real estate (CRE) transactions. Web traffic to local listings was also at a 2020 high. But, the number of deals for the first eight months of the year… Read More ›
Tri-Cities rents, vacancy rates and evictions
The Centers for Disease Control and Prevention has ensured a wave of Tri-Cities evictions is not going to happen – at least not until the first of the year. In one of the biggest “kick the can down the road”… Read More ›
Tri-Cities refis outnumber home purchase loans for 3rd straight quarter
Tri-Cities homeowners scrambling for refinancing loans dominated the local market during the second quarter. It was the third-straight quarter (nine months) local refi loan originations outnumbered purchases loans. Home Equity Loans (HELOC) originations dropped to a four-quarter low. Homeowners rolling… Read More ›