BUYER’S GUIDE
If you’re planning to buy a home in this area, the best place to start is with the Leavenworth Home Buyer’s Guide.
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Market Review
The local Windermere offices in Wenatchee and Leavenworth have recently published a market review which has local real estate statistics for 2005. (I will mail you one for free if you ask.) Average prices for local towns (excluding new construction): Wenatchee $189,000 E. Wenatchee $188,000 Cashmere $182,000 Leavenworth $267,000 Those prices seem ridiculously low, don’t they. Yep, that was 2005. Old news. As of …
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 …
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 …
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” …
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 …
Mandatory Zillow Discussion
Will Zillow revolutionize the real estate industry? That’s the question that seems to have surpassed all the bubble babble these past few months. For those that don’t know, Zillow is a website that claims to help home owners price their home using sophisticated computerized pricing analysis. Really it’s just an attempt for the website to get their share of real estate agents marketing dollars. …
Rain City Guide : Real Estate Blog
I was doing a little surfing to see what other real estate blogs are doing these days and ran into this http://www.raincityguide.com/2006/02/27/8-common-mistakes-made-by-real-estate-bloggers/ Wow! That really educated me. I’m guilty of so much. I have been using this blog as a marketing tool not really as a journal or weblog. The question really is can I spend enough time working on the blog to keep …
New Real Estate Partner
Allyson Zacharko has just joined me in my real estate business. Allyson has a degree in Forestry from Colorado State University and was recently employed as a wildland firefighter with the U.S. Forest Service. Allyson served with the Wenatchee Rapellers who attack fires by rappelling down to them from helicopters. Allyson also has worked as a bush pilot in Northern Ontario. Having a partner …
The Stats are In- My Clients Make Money!!
I have just ran some annual stats for 2005. The average buyer I represented in 2005 bought a house listed at $316,425 but I helped them buy it for $301,862. In a sellers market where mulitple offers are common, I SAVED THEM $14,563 on average. My sellers were well represented too. On average my listings sold for merely $381 less than asking price. My …
Should you list this Fall?
Homeowners often tell me they are thinking of listing their house in the Spring. Why wait? Right now there are lots of frustrated buyers who tried to find something this summer, but couldn’t. There’s not many options for buyers, so sellers can get top dollar for their property. There will be lots of competition come Spring. Don’t wait for the crowds, call me to …