This week in Real Estate….
Thursday, August 25th, 2011Would you like to know what is happening in the Tri-Cities Real Estate Market this week?
Check out our weekly stats here…..
http://www.distinctiveprop.com/files/files/8.22.2011Stats.pdf
Would you like to know what is happening in the Tri-Cities Real Estate Market this week?
Check out our weekly stats here…..
http://www.distinctiveprop.com/files/files/8.22.2011Stats.pdf
Ever wonder what is going on in your local Real Estate Market?
There is no need to wonder any longer. At Distinctive Properties, Inc., we provided a weekly report showing what is happening in the area!
Check out our statistics for this week right HERE.
When you are ready to buy, sell or relocate….
Contact
Data analysis firm, ProximityOne, has made their population predictions stating the U.S. Population will rise from 2010 to 2020 to a total of 337.1 million people; this will be a 8.9% increase.
Tri-Cities is ranked number 2 of 10 to see this population increase. They predict our area will see a 35.3% increase, raising the population from 255,485 in 2010 to 345,779 in 2020. Below are the other areas that made the top 10.
| Rank | Metro area | Pop. 2010 | Pop. 2020 (projected) | % change |
| 1 | Raleigh-Cary, N.C. | 1,140,057 | 1,546,556 | 35.70% |
| 2 | Kennewick-Pasco-Richland, Wash. | 255,485 | 345,779 | 35.30% |
| 3 | Austin-Round Rock, Texas | 1,729,845 | 2,302,813 | 33.10% |
| 4 | Provo-Orem, Utah | 530,931 | 700,234 | 31.90% |
| 5 | Hinesville-Fort Stewart, Ga. | 78,595 | 102,769 | 30.80% |
| 6 | Logan, Utah-Idaho | 126,348 | 163,550 | 29.40% |
| 7 | Grand Junction, Colo. | 147,759 | 190,114 | 28.70% |
| 8 | McAllen-Edinburg-Mission, Texas | 779,858 | 992,706 | 27.30% |
| 9 | Idaho Falls, Idaho | 131,198 | 166,378 | 26.80% |
| 10 | Charlotte-Gastonia-Concord, N.C.-S.C. | 1,769,001 | 2,236,368 | 26.40% |
Kennewick, Richland, Pasco was ranked #2 following the 32.6% population increase seen from 2000 to 2010. Due to the areas relatively low unemployment rate (7.3 percent in April) and a multi-industry economy, Inman’s voted Tri-Cities #5 in their top ten Real Estate markets to watch in 2011.
Among the 366 metro areas in the U.s., 43 areas are expected to see population decreases.
| Rank | Metro area | Pop. 2010 | Pop. 2020 (projected) | % change |
| 1 | Flint, Mich. | 424,564 | 375,775 | -11.50% |
| 2 | Jackson, Mich. | 160,011 | 149,027 | -6.90% |
| 3 | Crestview-Fort Walton Beach-Destin, Fla. | 180,519 | 168,243 | -6.80% |
| 4 | Youngstown-Warren-Boardman, Ohio-Pa. | 564,856 | 527,389 | -6.60% |
| 5 | Kokomo, Ind. | 98,535 | 92,721 | -5.90% |
| 6 | Pine Bluff, Ark. | 100,107 | 94,213 | -5.90% |
| 7 | Steubenville-Weirton, W.Va.-Ohio | 124,273 | 117,110 | -5.80% |
| 8 | Mansfield, Ohio | 124,306 | 117,308 | -5.60% |
| 9 | Detroit-Warren-Livonia, Mich. | 4,290,394 | 4,055,769 | -5.50% |
| 10 | Danville, Ill. | 81,529 | 77,599 | -4.80% |
If you are ready to buy, sell or relocated….Contact Distinctive Properties, Inc.!! (509) 783-1431!
Our sales associates hold many professional designations, including Certified Real Estate Specialist (C.R.S.), and graduates of the Realtor Institute (G.R.I.). We have past presidents of the Tri-City Association of Realtors, and two past recipients of the “Realtor of the Year” award. A number of agents are serving on the Board of Directors of the Tri-City Association and the State Association. Our broker served as Real Estate Commissioner for the State of Washington for ten years.
Are you looking for more access to home information?
Sign up for a free “My Distinctive” account today….
For more information about this program go to http://www.distinctiveprop.com/mydp.src
To go ahead and sign up click the sign up button below!
Do you want to know more about Benton and Franklin county?
How does the cost of living compare with other major cities in the US?
Who are the Major Employers in the area?
You can view all that information here!
For other information about the area, visit the Tri-Ciy Development Council.