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Monday, January 02, 2006

Tacoma's Top 2005 Story? Home Prices

The Tacoma News-Tribune recaps the year's top stories, and the ever-climbing cost of buying a house tops out their list:

This was the year of the homeowner.

Despite rising interest rates and housing bubble warnings, home prices in the South Sound continued to soar.

The median sale price for a home in Pierce County hit $250,000 last month. Can it be that just four years ago it was $159,000?
Good time to be a homeowner, horrible time to be a prospective home buyer. Will 2006 bring the winds of change?

(Jack Keith, Tacoma News-Tribune, 12.29.2005)

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