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Leavenworth vacation homes – new tax rules for 2...

Owners of Leavenworth vacation homes or people considering buying a vacation home should be aware of some recent tax law changes that may effect you. Before I go too much further, I have to state this obvious disclaimer. I am not a lawyer, CPA, or tax professional. Please use the following information as a starting place for your discussion with a tax professional.   …

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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 …

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Leavenworth Real Estate Update | Sold Homes February 2...

Leavenworth Real Estate News Only 2 homes sold in February of 2009 in Leavenworth. No condominiums sold in Leavenworth this month. In February of 2008, 10 homes and 1 condo sold in Leavenworth.      11612 Riverbend Drive, Leavenworth List price: $775,000.  Sold price: $639,500.  Days on Market: 313.   3 bedrooms | 2.75 bath | 2714 sqft | .46 acres.  This home sits on 127 feet of …

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Cashmere Real Estate Update | Sold Homes February 2009

Cashmere Real Estate News Only 3 homes sold in February of 2009 in Cashmere.  In February of 2008, 3 homes sold in Cashmere.   902 Pioneer Drive, Cashmere List price: $192,000.  Sold price: $192,000.  Days on Market: 140.  3 bedrooms, 1  bath, 1288 sqft, .30 acres.  No picture is available of this home.         6047 Pioneer Drive, Cashmere List price: $279,900.  Sold price: …

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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?        …

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Riverpark Condo Auction Update

Leavenworth had its first auction for condos on Saturday December 13 for the Riverpark Homes located on Main Street. Simultaneous bidding occurred in Leavenworth and in Kenmore. Approximately 50-60 people were on hand in Leavenworth, though most were local agents, builders and looky loos. There were perhaps 10 buyers in Leavenworth.  [youtube]http://www.youtube.com/watch?v=YyY0ACy6_hg[/youtube] 6 condos sold during the auction which means the building is now …

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Leavenworth Home Sales Question

Mark wrote in with a question about Homes Sales Data Hey, Geordie – Here’s a question I’ve been wondering for a while. This might also be something that many other of your customers wonder about, so might be a good blog article topic, unless this is a big can of worms (or just a plain silly question). Here’s the question: Why is home sales …

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Leavenworth 1031 Tips

Guest Author Michelle Rojas, Esq. VP & Northern Region Manager of LandAmerica 1031 Exchange Services Most investors understand the tax benefit of structuring a 1031 exchange, whereby an investor trades one property for another without having to pay capital gains taxes. In an ordinary sale transaction, the investor is taxed on any gain realized by the sale of the property. But in an exchange, …

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Lake Wenatchee Leased Property Owners Take Note

Owners of cabins at Lake Wenatchee that sit on U.S. Forest Service leased land might want to pay attention to current action that the National Park Service is considering at Lake Roosevelt. The NPS is studying whether or not to terminate leases on 26 vacation cabins on government land at the lake. As many folks have heard, the USFS is expected to raise the …

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Leavenworth Real Estate Update – Spring 2008

Leavenworth home sales have finally begun to become affected by the economic realities that surround us. Readers of this blog have no doubt seen the dollar tanking, oil prices surging and the stock market diving – even a little more so as the second quarter of 2008 came to a halt.   While the beginning of the year was kind to Leavenworth home sales, …

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