According to a report Tacoma is now the hottest housing market of the nation and for the reason that citizens are being priced out of Seattle. The report glances at numbers over the last some weeks of spring.
About 50.2% of homes sold which are under contract within two weeks as per the report. As well as, 49.7% of homes sold higher than the requesting cost.
Abby Romero said, “It doesn’t surprise me at all and in the south end you get more bang for your money.” She is a realtor and works from Everett to Tacoma. According to her, she considers many people who are looking for houses in Tacoma for avoiding the high expenditures and in Seattle competitiveness of purchasing homes.
As per the report, the median sale price of a home in Tacoma is $370,000 and in Seattle, the middle sale price of a house is $595,000.
Romero further said, “It’s a big amount for change and for the sellers in Tacoma this is very good news”.
Carmen Benway, a lady who is selling her home in Tacoma said, “It’s good for me if it is the hottest market in the nation as I bought it as an investment.”
Furthermore, in Tacoma for purchasers, it means you may have to start paying more. There is also a report that states that the rates of houses were up 6 percent in Tacoma for a similar time period as compared to the previous year.
