Is Tacoma a good place to invest?
Is Tacoma a good place to invest? Tacoma has a history of being one of the best long-term real estate investments in the United States. Tacoma-Lakewood, WA is ranked #48 in the FHFA HPI® Top 100 Metro Area Rankings based on house price change in 2021 Q4.
Will housing prices go down in Tacoma? In comparison, Tacoma saw just 28.2% of listings drop in price in May 2021. The median sale price in Tacoma in May 2022 was at $575,000, up 46.8% from the same period in 2020, according to Redfin. Provo saw just 12.2% of listings drop prices last May.
Is it a good time to buy a house in Tacoma Washington? Historically, March through April represents the best months for buyers in Washington State. Winter is also a good time to purchase a home, though, since this is when prices tend to plateau.
Is Washington real estate a good investment? Washington state real estate appears to be a worthwhile investment based on key 2021 market trends and the 2022 forecast. Rental properties are likely to continue to be in high demand along the stretch between North Tacoma and West Seattle.