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Category Archives: Articles for Buyers

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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 …

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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 …

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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. …

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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 …

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Leavenworth and Lake Wenatchee – Blogs and Newsl...

I recently discovered a few new neighborhood blogs and thought it would be good to list all the different places online that folks can get information about neighborhoods around Leavenworth and Lake Wenatchee that they might be interested in buying in. Please let us know if your neighborhood has a blog or newsletter we should add. Kahler Glen Kahler Glen Neighbor to Neighbor Blog …

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Leavenworth Real Estate 2010 Year End Review

I feel like I did pretty darned good job with my predictions last year for the Leavenworth real estate market. Here’s what I said at the end of 2009. I would guess prices will continue to muddle along. Some neighborhoods will see price drops and others won’t. (See chart below.) Condo inventory will clear out.  I would guess that foreclosure or auctions will be part …

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Leavenworth Real Estate Update: Q4 2010

“How’s the Leavenworth real estate market doing these days?” That seems to be a question we get all the time. We’ll do our best to answer that question in the next few posts. There are two ways to measure the health of the market. Home prices is certainly one of the factors we look at. The chart below measures the average and median sales …

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How Long is Your Driveway?

When shopping for a home in Leavenworth a lot of folks see  a house they like but then mention that they were hoping to find a house a little further away from the road.  Understandably, home buyers are hoping for peace and quiet and a little privacy. However, buying a house that is further from the road means having a longer driveway. This means …

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Leavenworth Home Sales Quarter 3 2010

In our most recent post we tackled current Leavenworth home prices. Today we are going to look at the number of homes that have sold in Leavenworth this quarter and so far this year in 2010. We’re still working out the bugs, so I apologize for the fuzzy chart. The good news is that you can get an interactive chart by clicking on the …

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Leavenworth Home Prices, Quarter 3 2010

What are Leavenworth home prices doing?  The easy answer is that they are dropping, but not nearly as dramatically as elsewhere in the country, or even Washington State. The chart below  has 4 metrics measured from 2004-2010. The first two are the average home price and the median home price for the 3rd Quarter. The second pair are the Year to Date average and …

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