A running commentary on the Wenatchee real estate market in and around North Central Washington 98801. Hints and tips on buying Wenatchee homes, selling homes and finding the home you want. Real estate sales in Wenatchee to Leavenworth. Home buying? Home selling? Looking for Wenatchee Real Estate? Stop by here.

Monday, January 17, 2005

Short Market Supply

The short supply (about 50-70% of normal) makes this an excellent time to list your home for maximum return. Interest rates are still low, buyers want to move by Spring and the existing inventory is small all add up to a great time to list and sell.

If you are interested in selling, I recommend you start the process with a no obligation Market Analysis to help set your price. Keep in mind that even with a hot market, a home needs to be priced properly. In fact I would even recommed more than one analysis. A realtor can help you with this process. No need for an appraisal at this point.

Did you know that statistics show that 80% of all properties sold are sold through a Realtor. Further, properties sold using a Realtor usually sell for more money. Both important facts to keep in mind. One other fact. Windermere real estate, in Wenatchee, has the shortest marketing time of any of the major Wenatchee Realtors. The average for our MLS was about 105 days for 2004. Windermere's average was 87 days. The other majors run from a high of 138 days to a low of 100. These numbers are based upon 2004 sales of listings reported by the local MLS. So if you want fast fesults it pays to talk to a Windermere agent!

Friday, January 14, 2005

WOW...Just Listed

Executive home with over 3,000 sq ft of space in a premier neighborhood. Four bedrooms, 3+ baths, loft, wet bar, formal dining plus lots more. Add in new paint throughout and you have a bargain at $259,900.
For more information give me a call today 509-669-0354

interest rates

30yr, fixed rates as published dropped today. Rates are under 6% and will likely remain in about a 1/2 % range over the next month or two. APR are higher and will depend on many factors. We have several good, reliable funding sources. It pays to shop around a little.

Market Activity

The current market is very active. Especially in the $100,000 to $175,000 range. Homes selling in rapid succession. Often with more than one offer. Of course price has to be competitive and not pie in the sky.