Now Could Be A Good Time To Buy Or Sell A Home - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Now Could Be A Good Time To Buy Or Sell A Home

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 YAKIMA, WA.- It's been a slow recovery for the real estate market over the last few years, but according to brokers in Yakima, now might be the best time to buy or sell a home.

We spoke with local real estate brokers Wednesday about what kinds of trends we're seeing locally.

They told us home listings are up and homes are moving much quicker than in the past.

We all witnessed the hit the real estate market experienced over the past several years. Local broker Haley Weston said that the high interest rates we were experiencing made it difficult to apply for loans, which took a toll on the market of buying and selling.

“Interest rates were definitely up a little bit and qualifying for a loan was more difficult and on top of that it was kind of the perfect storm because houses weren't moving or selling as quickly, but that's not the case now,” Weston explained.

Weston says she's seen an influx of people buying and selling over recent months; she says a family from Kentucky was able to find a home here in Yakima, purchase it, and move within weeks.

The real estate market is tricky though, Weston told us interest rates can change at the drop of a hat, but for now for those looking to buy and sell in Yakima, it's good news.
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