Leavenworth Condo Market – Spring 2009 Update
The Leavenworth real estate market had its first condo auction back in December and while it did clear out some of the inventory, it hasn’t solved all of our current supply problems or convinced other developers to re-evaluate the pricing of their units. Currently there are a total of 60 condos on the market according to the local multiple listing service (MLS) . (This …
Unlisted Homes in the Leavenworth Luxury Market
Searching for a home in any market can sometimes be a frustrating experience. In the Leavenworth real estate market it is even tougher because there are so few homes for sale. I have seen inventory as high as 150 homes, but this includes Leavenworth to Lake Wenatchee and Stevens Pass and price ranges from $150,000 to $3,000,000. Buyers looking for a cabin under $300,000 …
I’m not a Short Sale Specialist or an REO Expert
Short sales, REO ( Bank owned properties ) and foreclosures seem to be the in vogue niches for real estate agents all over the country these days. It is a sad commentary on the state of real estate and our economy. I understand that there is money to be made in foreclosures. Both by agents and investors. Heck, I even bought my own house …
Leavenworth Windermere – Not Leaving Town!
Windermere real estate in Leavenworth is not leaving town despite rumors to the contrary. In these tough economic times the owners of the local office have decided to cut costs by minimizing the amount of rent paid for office space. We will no longer be using the space at 1133 Highway 2 in Leavenworth. photo by Sean R. Here’s where it …
Kahler Glen Condo Association Hiring
The Kahler Glen Condo Association board is searching for a new condo manager. Anticipated time commitment of 5-8 hours a week, but hours vary greatly with season, projects, etc. This position will be contracted; the manager will not be an employee of the Kahler Glen Condo Association. Kahler Glen Some of the job requirements …
Mortgage Roundtable – Part II
This is part II of a series of questions I asked a group of real estate professionals about the state of real estate lending in 2009. Click here to read Part I of the Leavenworth Mortgage Roundtable. Our panelists include: Michelle Wilson of Alpine Mortgage. You can find her on the web at WilsonHomeFinancing.com Darel Ansley of Peoples Bank in Wenatchee Washington. He blogs on Active Rain and has …
Mortgage Roundtable – Part I
Mortgage Professionals Debate the State of Real Estate Lending For today’s real estate lending discussion I was lucky enough to get a panel of experts from the real estate lending community to answer 5 questions about mortgages, home loans, and the lending industry. I posed the same questions to each panelist in the roundtable and none of the panelist have yet read the other’s …
FHA Mortgages: Today’s Best Deal
Guest post from Darel Ansley, Mortgage Lender, at Peoples Bank in Wenatchee: Just about everything is in place to stimulate the housing markets, prices and rates are lower, and banks have money to lend. I think the only problem is the media has the potential buyers scared to come out of their bomb shelters to see if the coast is clear. Here are a couple …
Cashmere Real Estate Update for 2008
While I feel good about the constant updates we have done about Leavenworth and Lake Wenatchee’s market activity, we haven’t done nearly as many real estate updates for Cashmere. ( We’ll have to add “More Cashmere Real Estate News” to our to-do list for 2009″ ) So let’s get to it shall we, how did Cashmere’s real estate market do in 2008? …
Leavenworth Real Estate 2008 Year in Review
2008 has been a rough year. The stock market lost nearly 40% of its value and real estate values nationwide have taken a hit as well. (At the end of November, national home prices were down 13% from the same time in 2007.) In January of 2008 I was able to report that average home prices had climbed 18% despite a drop in the …