House flippers saw opportunity in the Tri-Cities housing market’s tight inventory last year and stepped up their efforts. They saw slightly faster turnarounds and while the average return on investment was down most made out well. Flips in Washington counties… Read More ›
REAL ESTATE
Cash sales combine with distressed sales as headwind for Tri-Cities home sales price appreciation
There are two nagging questions about the current Tri-Cities region housing market. If sales are at all-time highs and the inventory is tight, why haven’t prices increased more than the area’s typical conservative appreciation? Given the conditions in issue 1… Read More ›
Tri-Cities commercial construction sees flat growth, new permit value up
New Tri-Cities commercial real estate construction closed the year with one permit less than 2015, but unlike most of the 18 markets monitored by The Market Edge total, local permit value increased. The Tri-Cities was also the only MSA in… Read More ›
Washington Co. VA moves into top 2016 Tri-Cities spot for high-end home permits
Washington County VA topped the high-end home market in 2016, but it was a crowded field. A high-end home in the Market Edge’s Residential Building Permit Trend Report is one with over 4,000 sq. ft or a permit value of… Read More ›
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