Tri-Cities Real Estate Market Update

Negative, negative, negative........who does that sound like? All you need to do is turn on the television, or pull up any news site on the internet, and it's all the same. - bad news! Recession, depression, higher oil prices, plunging dollar, airlines in bankruptcy.....on and on and on - it's like a broken record. But is our economy really as bad as the media wants us to think it is?

My answer is no, it's not as bad as they say. We are not California, or Florida, or Detroit, Michgan. I realize that things are not as good as they were five years ago. We do have escalating gas prices, and food prices, and there are cutbacks in jobs. But we are not in dire straits. We are the Tri-Cities, that still has reasonably stable employment, a good supply of buyers, and a good inventory of homes to choose from. I have gotten to the point that I don't even listen to the news anymore, as there is no such thing as unbiased reporting. It makes me think that our liberal news media wants us in a recession, so that they can wave the flag of surrender, and then talk about how much worse it will get. Then their next big word will be "DEPRESSION!".

I will say that we are no longer in a seller's market, but a buyer's. If your home is on the market, and you've not had any ofers, take a look around your house. Try too view it from a buyer's point of view. Does the house "wow" you as soon as you walk in? Or does it look tired, need paint, carpet, cleanup..... Folks, don't blame your lack of selling on your agent, but really take a close look at what you have to offer. Is the price within the market of SOLDS (not what your neighbor down the road is ASKING for their home); does it have competition with same price homes that have more to offer?

Lastly, be prepared to negotiate on your home. Don't think you can hold out for full price, when your home is not in absolute move-in condition. There are a lot of homes for sale out there, and when you do get a contract on your home, then you can negotiate a better price on another home. Hang in there....everything is going to be okay!

I am ready to work for you, whether your needs are selling or buying. I will put my eighteen years of experience to work for you, and will do my best to make your real estate experience one that you will enjoy.

Call me anytime at 423-677-7541 or my office 423-229-7812, and let me show you how I can best work for you!!