Special offer

Tr-Cities Washington Ranks #25 for Price Appreciation

By
Mortgage and Lending with Cherry Creek Mortgage

Tri-Cties, Washington sellers can SELL high and BUY Low!

The Tri-Cities was ranked 25th in the country for housing price appreciation in the Federal Housing Finance Agency's fourth quarter 2008 report. Tri-Cities home prices reportedly showed a 1.73 percent appreciation rate from the third quarter of 2008 to the fourth, and a 2.3 percent growth when comparing fourth quarter 2008 to the same time in 2007, according to the FHFA.

What does this mean for sellers?  If you currently own a home and are considering moving up, now is a great time to considering selling your home.  While homes under $300,000 are still moving fast, those priced over $300,000 are offering some exceptional buys.  This means you can still sell high and buy low. Mortgage rates remain low.  Now is the best time to sell your home and buy the home of your dreams.  Call 509.735.6603 today to find out what your options are.   

Posted by

DANA MUNDY
Certified Mortgage Planner
Branch Manager

Cherry Creek Mortgage - Tri-Cities
Richland, WA