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Leavenworth Real Estate – 2nd Quarter Market Rep...
The Leavenworth real estate market seems to be singing the same tune that we have heard for a while now. The number of sales is down dramatically, but prices remain stable, perhaps even trending up if you’re an optimist. Leavenworth Home Prices Here’s what is not showing up on that chart. (Which may or may not be predictive.) May Pending Sales are up 50% …
Leavenworth Condo Market – Spring 2009 Update
The Leavenworth real estate market had its first condo auction back in December and while it did clear out some of the inventory, it hasn’t solved all of our current supply problems or convinced other developers to re-evaluate the pricing of their units. Currently there are a total of 60 condos on the market according to the local multiple listing service (MLS) . (This …
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 …
I’m not a Short Sale Specialist or an REO Expert
Short sales, REO ( Bank owned properties ) and foreclosures seem to be the in vogue niches for real estate agents all over the country these days. It is a sad commentary on the state of real estate and our economy. I understand that there is money to be made in foreclosures. Both by agents and investors. Heck, I even bought my own house …
Leavenworth Windermere – Not Leaving Town!
Windermere real estate in Leavenworth is not leaving town despite rumors to the contrary. In these tough economic times the owners of the local office have decided to cut costs by minimizing the amount of rent paid for office space. We will no longer be using the space at 1133 Highway 2 in Leavenworth. photo by Sean R. Here’s where it …
Leavenworth Real Estate 2008 Year in Review
2008 has been a rough year. The stock market lost nearly 40% of its value and real estate values nationwide have taken a hit as well. (At the end of November, national home prices were down 13% from the same time in 2007.) In January of 2008 I was able to report that average home prices had climbed 18% despite a drop in the …
Leavenworth Condos – 25 years of Condo Developme...
Leavenworth Condos With all the new condominiums that have gone up in the last two years in Leavenworth a casual observer might think that condominiums are just now starting to be built in our Bavarian hamlet. In fact we have had new condos built on a fairly recently basis for the past 25 years, with a major project every 3-4 years. If buying a new condo in Leavenworth …
Leavenworth Real Estate Update – 3rd Quarter of ...
Leavenworth home prices certainly have backed off from the great increases the area saw in 2007, but we have been lucky as of late to avoid the price drops that Seattle and King County have seen and that Wall Street has seen in the past two weeks. The chart above shows what looks like a huge price drop – over $100,000 compared to the …
Leavenworth and Lake Wenatchee – Be Bear Aware
Lake Wenatchee and Leavenworth residents need to be extra careful about black bears this fall according to a recent article in the Wenatchee World. More bears are being seen in the local area this year and it appears it is due to a lack of huckleberries in the mountains. Each summer in the Cascades, bears go through a period of hyperphagia starting in August …
Leavenworth Summer Real Estate Update
Where has the summer gone? Allyson and I have been really busy this summer with all sorts of exciting projects. I’ll try to highlight some of them here, but I’ve also added a widget on the sidebar for anyone who wants a play by play of what I’m up to. If you have a Twitter account, you can follow me here. The latest project …