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Monthly Archives: April 2006

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Interest Rates

In my discussions with my favorite lender, Darel Ansley of People’s Bank, it sounds like interest rates are starting to nudge up again. (Around 6.5% +/-) Mortgage professionals are guessing it could reach 6.7% later this summer. The good news is that this is likely as high as it will get for a while. If rates stay under 7% for a few years it …

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20%

20%. That’s the big number that just came out from the recent Real Estate “Snapshot” put out by Pacific Appraisal in Wenatchee. There has been an overall gain of 20% value in real estate in the Wenatchee Valley since last year. Not all properties appreciated at this rate. Some market sectors are hot and others less so. Ramblers and their convenient one story living …

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Cruise Ship Condos

Condominiums have been a popular seller here in Leavenworth and in Kahler Glen for some time. There are even four new condo projects being built here as I type. I just read that about a new cruise ship, Magellan that will be selling on board “condos.” The ship is at sea year round visiting exotic ports and units are priced between $1.8 million to …

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Office Exclusive Listings

As many of you know, we are generally in a “sellers” market in the Leavenworth area. There are very few homes on the market and little for a buyer to choose from. Real estate is very competitive here in our little valley and agents and real estate companies are trying new tactics to protect their business. One such tactic being used is “Office Exclusive” …

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