REAL ESTATE 2006
MONEY Magazine: Latest forecasts. Financing strategies. Renovation tips.
MONEY Magazine
Tacoma
Population: 700,820
WA PREVIOUS  FULL LIST  NEXT

Market forecast (June 2006-2007) 9.6%
5-year historical change (20012005): 53.8%
5-year historical change, average annual: 9.0%
Change last year: 17.6%
FORECAST FROM FISERV CSW AND MOODY'S ECONOMY.COM  

Median home value: $250,000
Median family income: $59,750
Median home value to median family income: 4.2

Worst historical decline: -4.6%
Last peak at beginning of decline: 1981:Q2
Last trough of decline: 1982:Q2

More places in Washington
Metro area Market forecast (June 2006-June 2007)
Bellingham 10.8%
Bremerton-Silverdale 11.5%
Kennewick-Richland-Pasco 11.0%
Longview 11.4%
Mount Vernon-Anacortes 14.5%
Olympia 13.1%
Seattle-Bellevue-Everett 10.5%
Spokane 12.4%
Tacoma 9.6%
Wenatchee 16.7%
Yakima 12.8%

Sources:
Population: U.S. Census Bureau, 2000
Median Family Income: U.S. Department of Housing and Development, 2005
Median Home Prices: Fiserv Lending Solutions, National Association of Realtors, 2005
Historical change: Fiserv Lending Solutions, OFHEO, 2001 2005
Market forecasts: Fiserv Lending Solutions and Moody's Economy.com, June 2006 June 2007