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After slumping, home prices in these 10 cities are expected to rise over the next three to five years
1.Tacoma, Wash.: With about 200,000 residents, Tacoma is the second-largest city in Washington's lovely Puget Sound region. The city's abundance of government jobs, bountiful outdoor activities, and proximity to Seattle--just 32 miles away--helped drive home prices higher during the first half of the decade. But as the national housing crash picked up steam, Tacoma saw its real estate market decline sharply. Home prices in Tacoma dropped 24 percent from their peaks through the first quarter of 2009. Still, Moody's Economy.com expects the market to bounce back strongly, with home prices increasing 22 percent by the first quarter of 2012 and 41 percent by the first quarter of 2014. David Graybill, president and chief executive of the Tacoma-Pierce County Chamber of Commerce, says the area's large military presence and diversified economy will help to support rising home prices going forward. "We also have one of the nation's busiest ports, the Port of Tacoma, which is an international deep-water port," Graybill says. "And although most international trade is down currently, the long-term outlook is good."
The original article can be found on Yahoo! Real Estate here: http://realestate.yahoo.com/promo/10-hard-hit-housing-markets-that-are-ready-to-rebound.html
Enough said. Buyers, so with all of the Pre foreclosures, Bank owned properties, Short Sales, not to mention people just trying take advantage of this market and move up, there are a ton of bargains out there. Why are YOU waiting?
Sellers, time to get going the buyers are ramping up. Don't get caught waiting to long for a possible few more bucks. Remember waiting costs too.
Don't forget request or enter your free Raffle Ticket!
What: Dinner for Two
Where: Around Tacoma
When: The 15th of every month
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