Berkshire Hathaway HomeServices - Yakima Real Estate Report
This Yakima Real Estate Report takes a look at the state of residential real estate in Yakima County. We have conducted exhaustive research to compile data on prices, property types and market trends. A thorough understanding of the marketplace and its characteristics is important when considering entering the marketplace, or when simply monitoring the marketplace.
The real estate market in Yakima is robust and healthy, indicating a large degree of economic recovery over the last several years. Many homes are now worth more money than they have been in awhile, although this increased value is concentrated in desirable areas and specific price ranges. We believe that strong growth in one segment of the market will eventually have far-reaching positive effects on the rest of the market...Click here to read the entire report
August had a modest decline in existing-home sales, however, September saw the highest annual pace of the year. In fact most major US regions experience gains in September, according to the National association of Realtors.
NAR chief economist, Lawrence Yun says, “Low interest rates and price gains holding steady led to September’s healthy increase, even with investor activity remaining on par with last month’s marked decline”.