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2011 Mortgage Rates: Analysis From Darel Ansley
This is a Guest Post from Darel Ansley of Peoples Bank in Wenatchee Executive Summary Mortgage rates finished last week around 4.75%. I think for the 2011 selling season we will remain in a range with 5.5% being an extreme high and maybe 4.25% as an extreme low with 4.5-5.25% being more likely. I was expecting some good growth this year in sales volume …
Leavenworth Condo Update: Spring 2011
How well are condominiums in Leavenworth selling? Last spring I wrote: The Leavenworth condominium market seems to be on the road to recovery. There are still some bumps in the road, but we are headed towards a healthy market again. In 2010, 19 condominiums sold in Leavenworth that were recorded in the North Central WA Multiple Listing Service (MLS). This is slightly more than …
Leavenworth Real Estate | Sold Homes February 2011
In February, four homes sold in the Leavenworth area. 23112 Saddle Street, Leavenworth List price: $229,000. Sold price: $147,500. Days on Market: 323 2 bedrooms | 1 bath | 600 sqft | .58 acres A small but cute cabin at the edge of the Ponderosa Estates neighborhood with one bedroom that was a loft accessible by ladder. The home is waterfront, although it is very steep access. The home is …
Cashmere Real Estate | Sold Homes February 2011
Only one home sold in Cashmere this month, but it was a doozie. 1165 Willems Road, Cashmere List price: $1,950,000. Sold price: $1,650,000. Days on Market: 148 3 bedrooms | 2.5 bath | 1494 sqft | 719 acres No, that is not a typo. The property is 719 acres in three parcels. The property has a modest cabin with large garage, additional bunk house, and LOTS …
Technical Difficulties – Sorry!
Our apologies! Someone brought to our attention that the “home search” portion of our website is a little glitchy today. Photo Courtesy of Zack Klein We are on the phone with the engineers and they are looking into the problem as we speak. It sounds like the most recent update to the software is working well with Internet Explorer 8. We appreciate your understanding …
My Metrics – Leavenworth Real Estate Edition
Despite the so called “death of print media” we still subscribe to a number of magazines in our household. I enjoy Fortune magazine and one of the regular columns they have is called “My Metrics”. Each issue, some analyst or economist shares a hidden secret about some number that they use to determine how the economy is doing or how a specific business is doing. …
Ira Finklestein’s Christmas Parade
Everybody is talking about the Christmas movie being filmed in Leavenworth and here is your chance to take part. The movie is called “Ira Finkelstein’s Christmas Vacation” and it is the story of a Jewish kid who loves Christmas. Christmas Parade Photo by Sgeulachdan on Flickr One of the scenes is a Christmas Parade which will take place on March 3rd. The Christmas …
Leavenworth Real Estate | Sold Homes January 2011
To start the new year off, 2 condos and 4 homes sold in Leavenworth this January. 11003 Hwy 2, Peshastin List price: $155,000. Sold price: $130,000. Days on Market: 84 2 bedrooms | 1 bath | 1120 sqft | .74 acres A 1940’s house along Hwy 2 in Peshastin with commercial zoning. 107 Mill Street, Leavenworth List price: $339,000. Sold price: $265,000. Days on Market: …
Cashmere Real Estate| Sold Homes January 2011
Cashmere had a good start to the new year with five sold homes in January. 115 S. Douglas Avenue, Cashmere List price: $97,900. Sold price: $83,000. Days on Market: 85 1 bedrooms | 1 bath | 1252 sqft | .15 acres Small, bank owned cottage in town. There is 636 on the main, the rest of the square footage is in the basement. 918 …
The End of Condo Financing in Leavenworth?
We have been hearing about clients avoiding condos because they are “impossible” to finance. At least one local agent has been spreading around this rumor. To help us learn more about financing condos, we asked Darel Ansley of Peoples Bank in Wenatchee to set the record straight. Darel, there are rumors going around Leavenworth that it’s impossible to get financing for a condominium… is …