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Daily Update on Real Estate in the Covid-19 enviroment

Market Update 4/10/2020- What is the market doing today?

Inventory climbing so buyers may soon have more options. Today we have 615 active homes as we creep into April.
Inventory is normally rising during April, May, and June as we move into the 2nd quarter of 2020. Today’s total of 756 Pending homes and 352 of them are new construction. Buyers who want to buy this year should be ready by getting pre-approved and finding an aggressive buyer’s agent. If you need to sell to buy then getting your home’s market value in today’s market is something we can help you with. We have lists of buyers waiting on homes. That said our team of Home Buyer Specialist have been in competing offers all week on the current inventory of active homes. We are currently looking for homes in variety of pricing points. The Covid-19 Pandemic will have some effect on 2020 but it is still unknown how long or how much impact we will see here in Tri-Cities. We are watching the market daily to guide you through these challenging times. Check back daily for your next report or give us a call to provide you a personal copy of our report.

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