Real Estate HEADLINES
About 13 percent of mortgages in Washington are "under water" -- meaning the homeowner owes more than the property could sell for, according to data analytics firm RealtyTrac. That's less than the national percentage of 17 percent, but the data reveals wide gaps between counties in the state.
Lennar, one of the country's largest homebuilders, is selling a floorplan that includes a fully functional private suite whose presence is invisible from the outside.
More homes sold month over month, but sales dipped nearly 2 percent compared with March 2013.
Pierce County is the No. 5 best county in Washington for rental-home investors, according to data from national tracking firm RealtyTrac.
A group of private investors spent $3 million on a downtown building, just the latest purchase by buyers outside the city.
Tacoma-Lakewood has fewer underwater mortgages than it did a year ago, but almost one in five local area homeowners still owe more on their homes than they're worth.
WASHINGTON — Average U.S. rates on fixed mortgages fell after three weeks of increases, edging closer to historically low levels.
Pierce County home sales fall in February as median prices continue to rise year over year.
In every place in Washington other than King County, it still is less expensive to buy a home instead than to rent it.
The city's annual survey won't focus just on businesses this year, according to a news release. Property owners with potential violations will receive a warning postcard before any enforcement action is taken.
The court-appointed trustee in the bankruptcies of Tacoma real estate developers Tom Price and Hyun Um files a report on what he's doing to find money to repay the men's creditors.
The residential real estate market in Western Washington continued to heal in January, with most counties seeing an increase in sale prices and overall sales.
The City of Tacoma has given the prospective owners of the former Weyerhaeuser mansion in Tacoma's North End until March 27 to submit a traffic and parking study the city requires before it can decide whether to issue a conditional use permit for using the mansion as an events venue.
Three local businessmen have bought the Kellogg-Sicker and Pochert buildings from the City of Tacoma, and plan to turn them into ground-floor retail and 10 second-floor apartments. The Kellogg-Sicker building is the site of the former Browne's Star Grill, a longtime Hilltop business that neighbors said was a magnet for criminal activity until the city bought the property and closed it down.
The Tacoma condominium market, dead for half a decade, is returning to life.
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