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The recent article in the Wenatchee World about the court of appeals decision concerning vacation rentals in Chiwawa River Pines has received 33 comments so far. It’s obvious that this remains a very contentious issue in the neighborhood. Among the comments, Monte Karnes had a request: Geordie,if you get a chance and you read this I would be very interested in your “professional opinion” …
We have had a number of articles here in the past about the Chiwawa River Pines neighborhood and the debate about vacation rentals. Chiwawa River Pines | Effects of Rental Ban Vacation Rental Ban in Chiwawa River Pines? Apparently, there’s more to the story. The Wenatchee World reported on March 29 that an appeals court overturned Judge Chip Small’s earlier ruling and vacation rentals …
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 …
How well are condominiums in Leavenworth selling? Last spring I wrote: The Leavenworth condominium market seems to be on the road to recovery. There are still some bumps in the road, but we are headed towards a healthy market again. In 2010, 19 condominiums sold in Leavenworth that were recorded in the North Central WA Multiple Listing Service (MLS). This is slightly more than …
Only one home sold in Cashmere this month, but it was a doozie. 1165 Willems Road, Cashmere List price: $1,950,000. Sold price: $1,650,000. Days on Market: 148 3 bedrooms | 2.5 bath | 1494 sqft | 719 acres No, that is not a typo. The property is 719 acres in three parcels. The property has a modest cabin with large garage, additional bunk house, and LOTS …
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. …
To start the new year off, 2 condos and 4 homes sold in Leavenworth this January. 11003 Hwy 2, Peshastin List price: $155,000. Sold price: $130,000. Days on Market: 84 2 bedrooms | 1 bath | 1120 sqft | .74 acres A 1940’s house along Hwy 2 in Peshastin with commercial zoning. 107 Mill Street, Leavenworth List price: $339,000. Sold price: $265,000. Days on Market: …
In December, three homes sold in Cashmere 429 Mission Avenue, Cashmere List price: $159,000. Sold price: $147,323.58. Days on Market: 79 2 bedrooms | 1 bath | 1384 sqft | .14 acres Small cottage in Cashmere across from the railroad tracks. 406 Valley View Drive, Cashmere List price: $369,900. Sold price: $265,000. Days on Market: 763 5 bedrooms | 3 bath …
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 …
“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 …
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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