Leavenworth – No Swine Flu in Our Market
The Leavenworth real estate market might be a little sluggish, but it’s not dying of swine flu.
As Mark Twain once said, “The rumors of my death have been greatly exaggerated.”
BY AzRainman
Home buyers (or would be home buyers) – Leavenworth is not Detroit, Las Vegas, or even Seattle.
In the last few weeks I have written or received 6 offers to purchase real estate in the Leavenworth area. 3 of these offers have been outright REJECTED (with no counteroffer) by the sellers because they were so low.
In one, the would-be buyers wrote a letter ( a poor substitute for $50,000) to my sellers.
“M, our agent, has explained that Leavenworth has declined 10-25%, depending on its type and location”
Really, I’d love to see the source of your data for that little piece of info.
I’ve been writing regular market data reports for 4 years now and have not seen this drop.
Here is my latest Leavenworth real estate report from the 1st quarter of 2009. Here is a similar report from Al Lorenz at the North Central Washington Real Estate Blog.
While activity has been low, prices here have remained stable. We have a huge inventory of unsold homes, but they aren’t foreclosures or recently built spec homes.
A handful of sellers may be motivated, but very few are needy.
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Required Disclaimer
NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.
