It’s been reported everywhere that the Tacoma real estate market is the hottest in the country. The Tacoma area has overtaken Seattle as the hottest housing market in the country in several key measurements including 49.7% of homes sold in Tacoma in May went for more than the asking price, compared to 37.8% in Seattle and 23.8% nationally.
What this means for home buyers in Tacoma is that things are competitive. That’s the bad news. That said, the Tacoma Real Estate Market has been competitive for buyers for the past 4-5 years, with multiple offers being pretty normal in the median price ranges of most neighborhoods across Tacoma and across the county. So it’s tough, but it’s not all that much more tough than it’s been in recent memory.
Want to be competitive when you buy your house in Tacoma? Check out this video I did with my niece about how to buy a house in Tacoma in the current seller’s market:
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