cory bemis

Do lower interest rates make you think about a new home?

The year-to-date median home sales price now stands at $350,000, reflecting a 3% increase from $340,000 at the same time last year.

Despite the rise in prices, the local housing market experienced a notable decline in sales activity over the past month.

“This half of a percent drop reduces the monthly mortgage payment for the average home by more than $100,”

Year-to-date, the total number of homes sold in 2024 stands at 786, a 4% increase from the same period last year

Cory Bemis, owner of John L. Scott Real Estate in Yakima says expect to pay an average of $348,000

Cory Bemis, owner of John L. Scott Real Estate in Yakima says expect to pay an average of $348,000 because that's the median home sales price

It's spring and a lot of people are looking for new homes in Yakima and that means increases in home sales and home prices.

Bemis says the 2024 median home sales price in Yakima in January was $331,500

Numbers are down across the board says Cory Bemis, owner of Yakima's John L. Scott Realty.

All total 1,517 homes have sold so far this year representing a 23% decrease from last year

If you are inclined to purchase a home it depends upon how much money you have to spend before taking on a payment.