If you're looking to buy a home in Seattle right now and you're not making six-figures, you're probably getting ready to pull your hair out if you haven't already. Inventory is small and stale. Home prices just keep rising. If not already priced out, many Seattleites are getting close to their breaking point. Is that where Tacoma comes in? KIRO recently did a story on the growing trend of priced-out Seattle home shoppers forgoing the bidding wars and heading to Tacoma instead, where they can find affordable options and more space. Sure, you tack on a 40-minute commute (at least), but you get a place you can own and have money left over as well. We decided to follow up on the report and see exactly what people are paying for if and when they give up on Seattle and head south to The City of Destiny. We looked specifically at Tacoma's North End neighborhood, which draws comparisons to Seattle's Queen Anne and has a median home price of just over $300K.
· New housing trend has Seattleites moving to Tacoma [KIRO]
· Seattle Housing Inventory Isn't Just Low, It's Also Stale [CS]
· February Seattle Home Prices Were Up, Which You Already Knew [CS]
· Seattle Home Bidding Wars Way Ahead of National Average [CS]