Tag Archives: home market tri cities

Information Regarding Zillow Zestimates

Attached to this is a link to an article published in the Tri-Cities Journal of Business spelling out the discrepancies between actual home values and Zestimates. Data on 532 local homes shows Zillow’s numbers run too high. Reprinted with the … Continue reading

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Distinctive Real Estate Statistics for 9-15-14

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FHA To Make Permanent Mortgage Insurance

Next month, the Federal Housing Administration plans to build up it’s finances by requiring anyone receiving a FHA loan with less than 20% down to carry mortgage insurance for as long as they have the loan. Previously it was only … Continue reading

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The Five Year Rule

One thing you should always ask yourself before you purchase a home is how long you plan on living there. The answer to that depends on your geographic area as well as the neighborhood you intend to purchase in. The … Continue reading

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15 Year Mortgage Rate Lowest Ever

According to a weekly report from Freddie Mac, this week the mortgage rate for a 15 year fixed-rate mortgage hit an all-time low of 2.61%, down from 2.64%. This new low beat out the previous record of 2.63% recorded in November … Continue reading

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Tri-City homes in short supply.

Finding the right home for some of the people coming into the greater Tri-City area is getting more of a challenge. In Kennewick especially. The Tri-City (Kennewick, Pasco, Richland, West-Richland) market is fast turning from a Buyers market to a … Continue reading

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