Pasco Real Estate Blog

This is a map showing relocation trends in and out of Franklin County in 2008. Have a look:

You can move your mouse over the lines to see specific stats. It’s quite interesting to see where people are coming from and going to. For example, the long red line pointing down to Texas shows that 28 [...]

Somewhat surprisingly, Franklin County isn’t on this recent Forbes list of the fastest-growing counties in the U.S. Here are the top five:
1. Flagler County, Fla.
2. Kendall County, Ill.
3. Rockwall County, Texas
4. Pinal County, Ariz.
5. Sumter County, Fla.
Here’s why I think Franklin County isn’t on the list: The list is using population estimates to chart [...]

Sorry up front for what might be a bit too self-promotional, but just wanted to mention that if you’re a Facebook user who also reads the Pasco Real Estate Blog, you might want to follow Cari on this Facebook page:
Cari McGee Real Estate
She’s actually on Facebook a lot more than she’s blogging, so that’s the [...]

Real estate taxes in Pasco will go up next year. The city council approved a 0.25 real estate tax increase at last night’s council meeting. The vote was 4-3, with Tom Larsen, Bob Hoffmann, and Matt Watkins voting against the tax increase.
The city’s real estate tax rate will now be 0.5%, meaning the city gets [...]

As has been the case across the area, Pasco real estate development slowed down a bit in 2008. The documents are available on the city’s web site, but here are the relevant numbers where Single-Family Dwellings are concerned:
2007
Permits Issued: 518
Valuation: $100,797,598
2008
Permits Issued: 398
Valuation: $77,858,825
That’s a 23% drop in both permits and valuation from year to [...]

It appears that even the City of Pasco, which has long been one of the fastest growing cities in Washington (and the U.S., for that matter), may finall be seeing a real estate slowdown.
The city planning folks report that only six (6) permits were issued for new, single-family homes in November. Six! That’s the [...]