Okay, now CNN finally getting around to this. Even more interesting: 3 cities in Washington grace the top 5...#1 Tacoma #2 Kennewick #5 Seattle. Additionally, this week and for the 3rd consecutive week, Pierce County saw a decrease in bank-owed listings.
Pierce County foreclosures posted for the Tacoma area topped out at 18 this week. We still have a large pool of sitting foreclosures that we need to wade through, but with a consistent decrease and more pending homes, we may work our way out of this recession yet. I have seen many more "pending" homes than I have in the past 3 years...a very good sign. It is possible, people are moving on the April 30 tax deadline, so everyone remains cautious. Possible we may move out of this and possible we may even see a complete flip...from a surplus of
Tacoma homes for sale to shortage in 2011. Yes, hard to believe, but I have read more than one periodical with such bold predicitons.
Did you know that while Tacoma's housing market depreciated 22% since 2006, Kennewick posted a 5.7% increase!!! With a projected 14,000-18,000 troops returning to the joint base Lewis/McChord, Microsoft, Amazon, Boeing, beautiful natural surroundings and so much more to offer, Tacoma remains a destination for many families.
Read more....
Housing: Best recovery bets - Tacoma, Wash. (1) - CNNMoney.com
Posts
As far as I know Kennewick is located closer to Columbia River. In summer there will be intense sunlight and in winter great warmness can be felt by residence of Kennewick. These people also experience 300 warm dazzling days for a year. Kennewick is one of the fastest developed areas of WA. So, I believe Kennewick Real Estate has got the bright future.
ReplyDelete