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.
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On the price front at least, Pierce County's housing market appears to still be on the slowdown track. The newest stats released today by the Northwest Multiple Listing Service showed the county's median home price in May at $259,739, a 7.6 percent decline from the same month a year ago.
Here's a look at other nearby counties -- all of which also saw year-over-year price drops:
King: -2.9 percent
Thurston: -0.6 percent
Kitsap: -14.3 percent
Snohomish: -6.7 percent
And here's how year-over-year prices have been trending for the previous year and a half, according to MLS numbers:
2008
May: -7.8 percent
April: -4.3 percent
March: - 6.02 percent
February: -7.8 percent
January: -2.5 percent
2007
December: +.01 percent
November: -4.4 percent
October: -1.4 percent
September: -2.4 percent
August: + 4.4 percent
July: +3.3 percent
June: +0.82 percent
May: +6.9 percent
April: +3.2 percent
March: +5.8 percent
February: +12.5 percent
January: +5.3 percent
