Leavenworth Home Prices 2022
2022 was a dramatic shift from the pandemic real estate boom many markets like Leavenworth experienced in 2020 and 2021. A massive spike in mortgage interest rates, rapidly increasing inflation and recessionary fears caused an abrupt slowdown in buyer demand. Leavenworth was not immune to these economic trends. Additionally, 2022 started with a record snowfall that shutdown and slowed down nearly everything for weeks. …
Leavenworth Home Prices Fall 2022
We’ve seen a lot of descriptions for the recent shift in the real estate market, but a “return to normalcy” seems like it might be the most accurate. Both the number of homes sold this summer and the sales prices are less than the crazy records set during the pandemic, but there’s certainly nothing to suggest a return to the “Great Recession” like we …
Stevens Pass Ski Cabin For Sale
Fall of 2022 Update We listed this cabin in 2014 and it is no longer for sale. Click here If you are looking for Stevens Pass cabins for sale. 34202 Stevens Road 1 bedroom cabin with sleeping loft and bonus room in basement. Covered deck. Offered at $145,000 ********************************************************************************************** With ski season just around the corner, we know a lot of folks are …
Are there new Chelan County short term rental rules?
In a previous post we outlined Leavenworth vacation rental rules for those interested in a short term rental in the city limits of Leavenworth. This article will follow up with an overview about Chelan County short term rental rules for properties in unincorporated areas outside of Leavenworth. Vacation rentals are known as short term rentals or STRS or even “nightly / weekly rentals.” Any …
How to Calculate Months of Supply
We use the term “months of supply” in real estate to tell us how much inventory of homes for sale we have on the market. The months of supply is the time it would take for all the current inventory to sell if it all sold at the current rate without new inventory coming on the market. What does supply mean in real estate? …
Leavenworth Real Estate Update Spring 2022
As most folks have heard, the Leavenworth real estate market has changed dramatically in recent months. Mike Simonsen, a real estate analytics expert at Altos Research, declared on May 30th “the pandemic real estate frenzy is over.” Simply put, inventory is increasing, demand has slowed and prices are not increasing at the astronomic rates that we have seen in recent years. However, real estate …
Leavenworth Forest Fire Insurance
Guest Post by Eric Kossian of Leavenworth Insurance The areas surrounding the towns of Leavenworth, Cle Elum, Twisp, Chelan, Entiat, Winthrop and parts of Wenatchee are some of the most fire prone areas in Washington, where there are large numbers of homeowners at risk. From year to year the wildland fuels, level of drought, temperature and weather combine to make a moderate to severe …
Leavenworth Vacation Rental Rules
Many homebuyers buying a vacation home in Leavenworth Washington often consider renting the home as an Airbnb, VRBO or short term rental when the house is not in use. But what are the Leavenworth vacation rental rules? One of the most common questions we receive as Leavenworth real estate agents is.. Are Airbnb allowed in Leavenworth? Airbnb are allowed in commercial areas within the …
Easy to Drive Your Electric Car to Leavenworth
Updated June 2022 In 2011, The Department of Commerce and the Washington State Department of Transportation announced plans to make the Stevens Pass Greenway the first electric vehicle-friendly National Scenic Byway route including new Leavenworth car charging stations. With Federal Recovery Act funding through the State Energy Program, and promised that the state would install two to three electric vehicle (EV) fast charging stations …
Leavenworth Forest Fires, Wildfire Smoke and Indoor Ai...
Thanks to Don Hester of NCW Home Inspections for sharing with us his thoughts on wildfire smoke and indoor air quality. As most of us in Leavenworth and Wenatchee have seen, breathed and muddled through, fire season and the related wildfire smoke has been more severe in the last several years. When air quality reaches “Hazardous levels” it is recommended to stay indoors. What is …