From a supply side our market has been growing slightly. In January 2007 we had 1335 homes available for sale and as we closed out March we had 1375 homes or only a 3% increase in inventory.   Our monthly supply has increased from 6.2 months to 6.5 months. Some analyst believe that over six months of inventory crosses over to a Buyer’s market. 
 
Our new construction remains strong representing about 25% of our total inventory. Since new home construction can take up to six month before completion, our inventory supply could be a little misleading.  
 
The price range with the lowest supply and highest demand seem to be between $100,000 and $175,000. If the homes are in good condition, they don’t last long. April through June is the prime buying and selling season in the Tri-Cities.