The Leavenworth real estate market is made up of a number of different sectors that always seem to be moving in slightly different directions. The majority of consumers, whether they are local homeowners looking at an increased tax bill or out of town investors, look to the growth of prices to gauge the strength of the market. Home prices in Leavenworth WA …
In an earlier post on Active Rain, I introduced you to Fish Lake just outside of Plain and Leavenworth, WA. This post is specifically about the real estate opportunities that can be found on Fish Lake. Fish Lake is a smaller and more intimate lake than Lake Wenatchee. It is also mostly bordered by U.S. Forest Service land. The amount of private waterfront …
A frequent request we get is a buyer who wants to buy a vacation home, but would like to rent it out when they aren’t using it. It sounds like a great idea in theory, but rarely works out. First of all you need to consider zoning. In the city limits of Leavenworth nightly rentals are only legal in commercially zoned areas. There are …
The National Association of Realtors just published a report that says over 1/3 of recent home sales were of vacation properties (13%) or investment properties (24%). The median price of a vacation home nationwide is at $190,000 while the median price of investment properties is $148,000. These trends are expected to continue as more investors put their money in real estate instead of the …