Kitsap County’s Secret

While the Case Schiller housing value reports are projecting continued negative numbers for the greater Seattle area, the opposite is being projected for the close-by city of Bremerton.
Rick Newman’s (usnews.com) post of 2/2/2011 reports that the research firm Fiserv (Case Schiller) expects four Washington towns to be in the list of the top 15 cities where home values rise in 2011. Bremerton tops the list of 15 with a projection of 5.1% for 2011 and an 11.2% increase in 2012. Similarly, but to a lesser degree, they are projecting 2.8% in 2011 for Spokane and Bellingham and 0.7% for Kennewick. In 2012, they are projecting 7.3%, 6.2% and 3.9% for these three cities respectively.