Open House
Welcome to Open House, a News Tribune blog on the real estate industry and its curious musings, gossip and yes, even facts and analysis.


The blog will focus on the South Sound, state and national housing and rental markets, as well as cool Web sites, weird real estate trends and warnings about scams.

Please send along your questions and suggestions.


No-pitching policy
Open House is a forum to read about and discuss real estate issues. It is not a place to pitch your services. That means no direct solicitation, no phone numbers and no pushing readers to your Web site or place of business.

More real estate blogs:

Rain City
Seattle area real estate blog

Seattle Bubble
Real estate and the housing bubble

The Real Estate Blog
National scope

Inman News
(National real estate news/research co. with a blog)

360 Digest
Seattle-area blog on real estate, art and politics.

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Tacoma and South Puget Sound Real Estate Blog
Monday, June 18th, 2007
Posted by Devona Wells @ 04:03:02 pm

Pierce County property assessments are to be mailed Friday and some of the value changes mirror home sale trends. County reporter David Wickert and I met with Assessor Ken Madsen and his staff this afternoon and talked about how they generate the values and why some cities are beating others.

Countywide assessments for all residential properties are up 9.8 percent this year. The median home sale price for 2006 was up 12.7 percent, excluding condos, according to the Northwest Multiple Listing Service. (Beware, though, that assessments tend to trail current MLS-related stats because the numbers used in 2007 are gathered in 2006. Also, county numbers take into account nearly all residential properties, including vacant land. The MLS deals with home sales.)

A few of the cities topping the average assessment increase: Fife, one of the few cities where sales activity continues to beat last year’s, and Eatonville, in one of the MLS areas that was among last month’s biggest price-appreciation winners -- 24 percent to $279,000.

Look for more in-depth analysis on more than two dozen cities in this Sunday’s News Tribune.

Categories: Housing prices
Posted by Devona Wells @ 12:03:05 pm

After writing about lawyers getting rated at a new Seattle-based Web site, I found Homethinking – a site that lets you give one to five stars to your real estate agent. (You can, of course, also shop for a house.)

Stars are given in numerous categories, including neighborhood knowledge, understanding of a property’s weaknesses and ability to answer a seller’s questions. And you can add your verbatim opinion, such as this one for a one-star agent in Franklin, Mass.: “Said negative things about other agents. His Bad!!”

One immediate concern: You can post anonymously, which seems unfair when it comes to slamming anyone, particularly someone trying to run a business.

What do you think? I couldn’t find any Tacoma agents rated, so you could be the first …

Categories: Agents