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Real Estate Dashboard for January 2012

February 15, 2012 By Jeff Thompson

Tri-Cities, January 2012

The Tri-Cities had 245 new properties go under contract in January 2012, up 9% from January 2011. As of the end of January 2012, active inventory was 1128, an 18.2% increase from January 2011, but consistent with inventory levels for the 4th quarter of 2011. There were 152 closings in January 2012, compared to 161 in January 2011. Months of Inventory was 7.4, up from 5.9 in January 2011. The average price of homes sold January 2012 was $204,551 up $12,533 from the same time in 2011.

Our Commentary

The new year has started off strong and robust. Sales activity is very strong with 245 offers written and accepted in January. This is a nice increase from 2011, and over 100 more sales than January 2009.

Interest rates remain low and should stay there through the summer of 2013. We believe that owning a home will always be a great long term investment and an important part of a balanced investment portfolio.

For more information about homes for sale in Richland, West Richland, Pasco, Kennewick  and the surrounding communities, please contact us.

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Windermere Group One/Tri-Cities
490 Bradley Blvd.
Richland, WA 99352

Filed Under: Articles, Badger Mountain South, Benton City, Burbank, Central Richland, Dean Hartman, Events, FHA, Finley, For Buyers, For Sellers, Foreclosures, Home Prices, Home Sales, Homeownership, Interest Rates, Investment, Kennewick, Loans, Market Trends, Mortgage Payment, Negative Equity, North Richland, Option ARMs, Pasco, Pricing, Richland, Shadow Inventory, Short Sales, Short Sales & Foreclosures, South Richland, Strategic Defaults, Uncategorized, Upper End, Walking Away, West Pasco, West Richland

700 Happy Feet!

December 5, 2011 By Jeff Thompson

Windermere Group One has organized a shoe drive for children in Afghanistan. Our military doctors help teach English to the local children in Afghanistan. Through a family connection, the Group One office learned of the need for shoes for the children. Many of them are unable to participate in the education opportunity due to a lack of basic needs. The goal was to collect 100 pairs of new or gently used children’s shoes to ship to the Kandahar base in December, just in time for Christmas.

The participation in this drive was overwhelming! The agents and staff headed out to start the drive and were so encouraged they began to invite others too. Quickly, the boxes were filled and more were added. In tandem with the holiday spirit, the Dress Family representing Ranch and Home, learned of the effort and they, too, wanted to participate in the shoe drive.

The donation by Ranch and Home was HUGE! They were able to donate almost 200 pairs of brand new shoes! In all, Windermere Group One will be shipping approximately 350 pairs of shoes along with several dozen pairs of socks to many children a world away. In addition to the shoe drive, the Group One office is sponsoring two Tri City families for Christmas.


 
Windermere Group One thanks everyone for their participation and help!

 

Filed Under: Articles, Badger Mountain South, Benton City, Burbank, Central Richland, Dean Hartman, Events, FHA, Finley, For Buyers, For Sellers, Foreclosures, Home Delinquency, Home Prices, Home Sales, Homeownership, Interest Rates, Investment, Kennewick, Loans, Market Trends, Mortgage Payment, Negative Equity, North Richland, Option ARMs, Pasco, Pricing, Richland, Shadow Inventory, Short Sales, Short Sales & Foreclosures, Skills, South Richland, Strategic Defaults, Uncategorized, Upper End, Walking Away, West Pasco, West Richland

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