Market Snapshot

It’s a great November for real estate sales. I am normally planning for next year by now, but instead we are selling homes. Our friend, Marguerite, theorizes that the explanation behind this late activity is the wave of State Farm Insurance employees headed for new offices in the old Russell building downtown, which I discussed a few months back. “If... Read More »

Welcome to Our New Website

We are pleased to launch the newly updated website. It replaces a site developed in 2002, some eleven years ago. Eleven is acceptable if you are a Twinkie, not if you are website. Although that old site worked well, it was important to update the look and feel to be consistent with our current marketing, and we wanted improved functionality.... Read More »


A first for us: We recently produced a video of a listing in Lakewood with the help of a professional videographer, Matt Francis. It is an amazing, historic home on American Lake with killer views of Mount Rainier and a carriage house for guests on a separate nearby parcel. It really cried out to be filmed. Check it out. My... Read More »

Hume Tracks Down Missing Buyer for Exclusive Interview

Last month I reported a 60% pending percentage in North Tacoma (127 pending sales / 210 active listings). I boldly called for that to improve once the kids were back in school and buyers refocused. Not much changed. It is at 55%. That’s not a bad market. It is balanced, but I am left wondering; who were these deranged, bloodthirsty... Read More »

August Update

My son just completed a two week backpacking trip through Olympic National Park, incommunicado except for one phone call when his group resupplied. This was a special kind of agony for his parents. If he only knew how many times he was attacked by bears in my imagination, impaled on the horns of crabby mountain goats and washed over Niagara... Read More »

State Farm in T-Town

The Tacoma News Tribune reported today that leases are in place for State Farm to occupy the Russell Building downtown and four floors at Columbia Bank Center. As I sit to write to you this month, the news raises questions about the likely impact on Tacoma real estate. When Russell left for Seattle, some worried about the impact on high-end... Read More »

Renting Your Old Home in Tacoma to Buy a New Home

A couple of years ago I spoke to Julia, a woman whose family’s needs and wants had evolved beyond their home and neighborhood. Unfortunately the house was no longer worth what they owed. Like a lot of people, they felt shackled to their home. Every so often Julia emails. “How about now?” Although the market is improving, values are still... Read More »

Tacoma Elks Building to be Transformed by McMenamins

We’ve been hearing for some time about the Elks building downtown being bought by McMenamin’s (brewer/distiller/hotelier) but prior to a few weeks ago I had zero concept of what that might mean. Then Nicole and I spent two nights at their Edgefield Resort just outside of Portland. It was a remarkable experience. Once upon a time that property was a... Read More »