Summer is well underway and in the plant world, everything seems to be happening a month early; my local blackberry patch is almost ripe for the picking!
For anyone interested in investment properties, keep an eye on the The Northwest Seaport Alliance. From what I heard in a seminar yesterday, August Fourth may be be an important date to watch. If this does go through there will be many new jobs created in Tacoma.
This may be old news, looking at last month's appreciation rates. Central and downtown Tacoma have appreciated 23.2% so far with a total of 212 sales. Gig Harbor, just across the Tacoma Narrows Bridge, has seen 644 sales with an 11.7% appreciation rate.
My business has taken me down that way this year as I have listed a friend's home on the Lipoma Firs Golf Course. We searched homes in Gig Harbor for a few months before we found him a home in Kingston. Prices are much lower than Seattle!
Here is the latest MarketFlash from Rainier Title:
(Click here to see this chart in your browser.)