Kennewick, WA

Single family new home building permits are down for 2009 here in the Tri Cities Washington.. However, the numbers may be skewed a bit as Richland seems to be the only city really down, and Richland's lower new home permits may be a result of no room to grow except north. The Tri Cities new home building permits are the lowest in 10 or so years! In most economies this would be indicative of a poor economy, but not the Tri Cities!

I suspect Tri Cities new home building permits are down simply because builders are echoing the pessimistic sentiments of the national economy. Builders must paying attention to national news, as Tri Cities Washington is approaching a housing shortage. Homes under $300k are for the most part in a seller's market, while rental properties are becoming harder to come by. Just yesterday we were checking on rental comparisons for our personal duplexes only to find 1 (one!) duplex for rent. A year or two ago there would be 20ish duplexes available!

Low building permit numbers are a good thing given our current circumstances here in the Tri Cities. At some point, new homes will have to be built at a quick pace which will only add to our already great stimulus money backed economy. With new construction flaming our healthy economy, big box stores (among other employers) will add even more jobs to our cities. Originally posted at new family home building permits.

Low building permits numbers amidst a housing shortage. Nice problem! [grins] Isn't Tri Cities a great place to live!

Btw, let's not forget Businessweek puts us at the third best place in the United States to start over!

Thinking of owning your own home? Well do consider Kennewick Washington homes for sale real estate options. The peace and serenity of the place and the proximity of all Kennewick homes near public and private utilities make the real estate options worth the time and money invested in the hunt.

At The Lane Real Estate Team, we handle Kennewick Wa properties and are very well networked in the community offering buyers, first and seasoned, homes for sale real estate options that are lucrative and designed to fit into any predetermined budget. There are a number of online as well as offline resources that list Kennewick homes and even make virtual tours available on request, however, The Lane Real Estate Team can walk you through the process.

Kennewick Washington is a destination location for folks looking to purchase into a thriving community. Consider using The Lane Team of Colleen and Joe Lane for assistance. Colleen Lane is the broker, while Joe manages marketing, online ventures, and personnel. See Kennewick Wa homes for sale.

The State of Washington is all set to go for the $8,000 tax credit bridge loan for first time homebuyers. However, the IRS is not.

Currently, the way the $8,000 tax credit works for a first time homebuyer (a first time homebuyer is defined as someone who hasn’t owned a home in the past 3 years) is he/she will purchase a home then file an amended tax return to get the tax credit.

For the $8,000 tax credit bridge loan, the down payment would be advanced to the buyer thru a third party then paid back to the third party when the buyer gets their refund from their amended return. However, with an amended return the refund has to be mailed to the buyer at his/her current address. This is where the IRS comes in, the State of Washington and Washington Association of Realtors are working with the IRS to have the refund made payable to the third party handling the funds instead of the buyer.

Personally, I hope they get the fund handling issue hammered out soon. Originally posted at 8000 home tax housing credit.

www.MyTriCityAgent.com Now is a great time to put your home up for sale in the Tri-Cities! With the area experiencing high employment growth, and a huge rise in people relocating here from all over the country, you can expect your home to Sell a little bit quicker than before. If you are thinking of putting your home up for sale give me a call today! Joseph C. Foster of Desert Hills Realty 492-6807 Don't forget to visit my website also. www.MyTriCityAgent.com

The Tri-Cities is booming and with new homes still starting at as low as $99,990 for a 2 bed 1 bath home aroung 120k for a 3 bed 2 bath 2 car garage home people are moving here, and living in affordable housing. The sunshine is excellent, and we have 3 rivers to choose from. The Columbia, Snake, and the Yakima. View this area today, and give me a call, e-mail, or text when you are ready to buy a new, or existing home. Joseph Foster of Desert Hills Realty 509-492-6807 View hundreds of homes currently for sale in any price range on my website

www.MyTriCityAgent.com