Moody’s is betting on Top Performing Tacoma Housing Prices in 2010

Once again Moody’s Economy has good things to say about Tacoma Real Estate.  Exit 133 is reporting on their story about our appreciation rate this year.  It is always nice to be noticed.

You might remember this story from last Spring… Tacoma’s Real Estate Market sure has been getting a lot of attention lately.

The folks at Moody’s have once again put Tacoma on one of their lists. Last year we made the Best Real Estate Market and the Most Likely to Rebound lists. Now, at the beginning of 2010, we are the predicted to be the top performing real estate market in the country this year.

Check out the story at Exit 133.

Jan 11th, 2010 Posted in Tacoma Real Estate | no comment »
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City of Tacoma Downpayment Assistance 2010 Changes

Scott Cowan over at Keller Williams Real Estate just did a great blog post about all the new changes to the City of Tacoma Downpayment Assistance Program.  If your Mortgage Banker isn’t up to speed on the latest rules, make sure you read this- because it might save you a lot of money this year!

Here are some of the highlights:

  • The property must be a single family dwelling or condominium. The seller will be required to document the property is vacant.
  • An inspection will be required to verify the property meets minimum housing quality standards
  • Borrower must be a first time home buyer
  • Borrower must provide minimum down payment depending on income.
    • Income up to 50% of the median income, max loan contribution is $30000 and min buyer contribute $500
    • Income up to 80% of the median income, max loan contribution $20000 and min buyer contribute $1000
  • Income up to 120% of the median income, max loan contribution $10000 and min buyer contribute $1500

    • For more details, read the full post here, contact me, or visit the City of Tacoma.

    Jan 9th, 2010 Posted in First Time Homebuyers | no comment »
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