Posts by Don Fenley
MARKET PULSE – Q1 Townhome Sales Flat; Demand Cools
The Tri-Cities townhome market posted nearly flat overall sales volume in the first quarter of 2026. Buyers took longer to commit, the forward pipeline is thinning, and prices are moving…
Read MoreMarch Tri-Cities Pending Home Sales up 18.7%; Demand Shifts Up the Price Ladder
The spring buying season crunch has arrived. Tri-Cities March pending home sales increased 18.7% from last year and 47.3% from February The headline numbers mask a structural shift beneath the…
Read MoreMARKET PULSE – Sharp Decline in the $1-Million Plus Housing Market
The Tri-Cities high-end housing market is navigating a classic high-price, low-velocity environment. So far there have been fewer sales. But those who have bought are paying more, and more of…
Read MoreTri-Cities Housing Trend Keyed on Urban Core Markets
The Q1 Tri-Cities housing market data suggest that the region’s overall resilience is increasingly dependent on strength in its urban cores. Despite fluctuations in mortgage rates during the quarter and…
Read MoreMarch Home Sales up 10.3%, Prices up 4.4%
The Tri-Cities housing market posted a 10.3% sales gain in March, with 641 closings recorded across the nine-county region. The broad-based advance spanned most local markets, though the headline numbers…
Read MoreTri-Cities Multifamily Market Cools: Vacancy Up
The Tri-Cities multifamily market posted a mixed fourth quarter in 2025, with rent growth decelerating sharply and vacancy rates rising in both metro areas tracked by the National Association of…
Read MoreMARKET PULSE – New home sales down 6%, prices up 9%
The Tri-Cities new home market closed Q1 2026 with fewer sales but higher prices. There was also a sharp change in where those homes are being built. Volume fell to…
Read MoreCommercial Real Estate Transactions Slip in Q1 as Land Deals Cool
Commercial real estate transactions declined 4.6% in the first quarter of 2026 compared to the same period a year earlier. A pullback in land and industrial deals drove most of…
Read MoreQ1 Tri-Cities Home Sales Shift Toward Affordable, Move-Up Markets
Home sales across the Tri-Cities region rose 9.3% in the first quarter of 2026, with growth concentrated in the affordable and move-up price segments while entry-level and luxury tiers lost…
Read MoreTri-Cities Home Sales Post Modest March Gain as Move-Up Market Surges; Luxury Segment Shows Deepening Seller Concessions
Home sales in the Tri-Cities region rose 6.2% in March, driven by a sharp 25.0% jump in the move-up market. At the same time, luxury market sales continued to decline,…
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