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.

Thursday, December 21, 2006

Year End

The year is almost history. Residential sales and Residential listings were strong. For this agent Commercial listinigs and Commercial sales were also good. In all a banner year with good prospects for next year too! The Wenatchee real estate Market will remain strong... perhaps not hot, just strong. This next year will find a bigger emphasis on new construction. But all that lies ahead.

For now, thanks for the year and have a Merry Christmas and Happy New Year!

Wednesday, December 06, 2006

Real Estate information

Just came across (new for me) a very good site that lists the top 25 or so real estate blog comments. Great resource...
Try it...

Tuesday, December 05, 2006

Wenatchee Real Estate Market

Unbelievable... According to a recent article in the Wenatchee World we have one of the top five real estate markets in the country (through September).

Our housing market has been very good. Houses selling within a few days of listing and many selling with multiple offers. But overheated? I don't think so. Though a pause to catch our breath might be nice and that is what the fourth quarter is looking like. Inventories are still low and time on market only increasing a week or two at most. Perhaps the biggest soft spot in our market are homes priced over $350,000. Which, if you think about it, in a primarily agricultural community, is pretty normal too.

Next year? Should be pretty decent. My guess is in the 8-12% increase range. Which is terrific for a community that has historically averaged 3-5%.

There are about 420 REALTORS in our organization. In Spring of 2004 the number was about 270. So the slowing may cause a slight shrinking of REALTORS in all probability. But in all houses in Wenatchee and real estate throughout Chelan and Douglas Counties should chalk up another very good year!