I agree Ray. Tacoma has a looooooong way to go. Look at the properties in Old Town (98403). Several million dollar prices homes. In Tacoma!!! Are they crazy? over 200 days in market for some with no price drop.

Don’t shoot the messenger!

BTW I agree ..Tacoma has a long way to drop still. Less then 7 years ago many of the homes in the 98403,98406, and 98407 were 80k-120k. They are all over 200k now.

Ray, if they were worth anything NEAR what they’re asking, sales wouldn’t be so dismal down there. It only takes half a brain to figure that out.

Restaurants and shops don’t mean squat.

Tacoma is like Long Beach, CA. Take that for what you will.

Overpriced. Way overpriced. Kinda like that housebarge listing that is going on a year with only a paltry 30k drop from 560k. ;^)

I will report back. Knowing me tomorrow I will nail one and throw my CRV out of alignment………

http://www.king5.com/localnews/stories/NW_062309WAB-tacoma-potholes-SW.1c5318fb.html

I’ve noticed the problem in several parts of the city, but I don’t know the names of the areas all that well. In some parts of town it’s like the pot hole repairs are on top of other pot hole repairs, such that there’s no real road left–just patches. There was one street intersecting K Street where they actually repaired it two years ago, but they just did the middle, and when I was driving over it last week it was obviously a poor repair job (sort of wavy). But there are other unrepaired roads in that same area. There are also a bunch on the right side of Hwy 16 as you’re heading toward the Narrows right after you get off of I-5, and I think some others over in the Hilltop area.

Kary, where specifically are you talking about pot holes in Tacoma? I live in North Tacoma and have not seen any in years? The “really nice” turn of the century homes never have pot holes. Please educate me specifically so I can go check tomorrow. I believe you are talking without thinking.

I used to live in Lynnwood, Phinney Ridge, Bitterlake, Bellevue, Kirkland, Renton, and Seahurst. To raise a family there is no better community then the Proctor District of North Tacoma. I suggest you come on out and we will go “look for pot holes” together.

Ardell and Econe I have toured the Esplanade on the Thea Foss waterway. Yes, way too expensive for the times we are in however, none of you probably know the desirability of what has happened to that area. Between all the new restaurants, shops, glass museum, and Uof W Campus if you actually came out to look at it you just may change your tune as you seek out Kary’s potholes.

That’s $493k per unit just to build the place!

And it looks like a freaking office building!

Who was the contractor on that joint? They must’ve made a killing…

Definitely. Homes built in the early 20th c. can be very gracious. There are some very nice brick homes down there from what I’ve seen.

RE: Acerun @ 4 –

Or maybe…just maybe…it could be that the bubble popped, and the condos really were never worth close to what they were asking.

Let’s guess on the potential deflated rental costs, $1200 for a luxury built two bedroom with a view, by then?

By then, the owner, the bank, will chalk it up as a lesson learned; albeit, by then, the original bank will have gone under and now its another completely different bank with another name?