Tacoma Rated in 5 Best Markets for 2010

Pierce Co. Real Estate — Fri, 15 Jan 2010 14:00:00 GMT

SmartMoney had an interesting article on their website that ranked the Tacoma /Seattle areas as having the potential to perform well this year.

To quote: "The five areas that Moody's foresees home prices performing best in 2010 are: Tacoma, Wash., (an increase of 2.44%); Memphis, Tenn., (up 0.99%); Pittsburgh (up 0.89%); Charleston, S.C. (up 0.18%); and Seattle (decline of 0.50%). (These five markets are culled from data on Moody's Economy.com and based on the largest 100 metro areas)."

>>Read this article read in its entirety here<<

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Where are real estate property values going in 2010 in Pierce County??

Pierce Co. Real Estate — Fri, 27 Nov 2009 08:52:00 GMT

It is my opinion that real estate values in Pierce County will be turning upward by the second quarter of 2010.

I have been a Realtor since 1972 and feel more optimism coming in the new year. Interest rates are great, qualifying buyers are being credited with an $8,000 tax credit for home purchases and US business seems to be moving forward in a positive way. Unemployment is higher now but companies have lowered their overhead and reduced their inventories, so as demand increases in 2010 more companies will be hiring to meet the needs of their business growth.

In Pierce County (which has an excellent entry level price point for homebuyers), more people will be employed and the added tax credits should incentivize the homebuyers to purchase homes, thus increasing demand and start to raise real estate values. ~ SteveSkibbs

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