Geordie Romer's blog
A tear comes to our eye every time we hear that someone is buying a house in Leavenworth using a Seattle area real estate agent. Sure, as a licensed real estate broker I can help you buy a house in Seattle, Forks, Mount Vernon, Olympia or even Rockport. I've even lived in each of these places at one point in my life.
But having lived there, doesn't make me an expert and I would be doing you a disservice by pretending to think I could give you expert advice.
Admit it, when it comes to looking at online real estate, you are a bit of a geek.
It's ok, you're not alone. Hardly.
Ever notice that sometimes a house that was on the market a few months ago, comes back on the internet, only to disappear again the next day?
Here's the likely scenario, which usually happens in the spring.
Starting in December of every year we get buyers who tell us that they have decided to start shopping for a parcel in Leavenworth or Lake Wenatchee to build a cabin or dream home on.
Unfortunately, we get a bunch of snow in Leavenworth and winter isn't a great time to look at land.
Nothing is more frustrating to Leavenworth home buyers and real estate agents than a new listing that comes on the market in the spring at a price high above market value. I understand the motivation of the seller to get as much out of their property as possible, but their real estate agent should know better.
It is not always done on purpose, but sometimes this is done just to get the listing and in the real estate industry we call this “buying the listing.” This is specifically addressed in the REALTOR Code of Ethics:
Standard of Practice 1-3
The following is a guest post from Don Hester of NCW Inspections
Heat pumps are very common in North Central Washington because of the need for air conditioning. Heat pumps combined with our lower energy rates can create a very low cost of operation for heating needs during the winter.
Home sales in Leavenworth and Lake Wenatchee continued to chug along in the 4th quarter of 2011 and I don't think anyone was particularly surprised with the results.
All in all, 2011 looked a lot like 2010.
The median home price in Leavenworth fell from $310,000 to $307,000. This is down 12% from a peak of $349,000 in 2008
Average home prices in Leavenworth fell from $362,000 to $353,000. This is down 15% from a peak of $415,000 in 2007.
Foreclosures, short sales, bank owned properties (REOs) and distressed sellers continued to be an important part of the national real estate landscape in 2011. However, despite all the press, these distressed sales had very little effect on the Leavenworth real estate market.