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.

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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
Thursday, February 14th, 2008
Posted by Devona Wells @ 06:05:59 am

Tacoma landed in the top 50 for U.S. foreclosure filings last year, but just barely, according to numbers released this week by research firm RealtyTrac. The Tacoma metropolitan area was No. 47 on the top 100 list, far below hot spots such as Las Vegas and Sacramento but also far above Seattle (No. 81) and Portland (No. 73).

While Tacoma saw a 39 percent annual increase in 2007 for its foreclosure filings, just 1.03 percent of homes had such filings, which is just under the national average, according to RealtyTrac. For some perspective, the top foreclosure area was Detroit, with 4.9 percent of homes facing some kind of foreclosure filing.

RealtyTrac derives its numbers by measuring default and auction notices and bank repossessions.