Real estate has been in the national news of late. The National Association of Realtors recently announced that existing home sales are at the lowest point in 9 years.
Sounds like great news for buyers and real estate investors hoping to buy at a low point in the market. It would be, if it were true in Leavenworth and Lake Wenatchee.
This summer I reported a slowdown in the Leavenworth real estate market . At the time we had 135 single family homes for sale and a deluge of newly constructed condos.
Fast forward to this Winter and the Leavenworth real estate market looks a little different. This isn't spin from a rosy glassed Realtor, the real data look very encouraging.
Stealing from Howie Mandel - Let's play Deal or No Deal
No Deal (Inventory is low, demand is high)
Lake Wenatchee waterfront homes 
Riverfront property on the Wenatchee River or Chiwawa River or Icicle Creek
Cabins - almost anywhere
Building lots in Ponderosa or Chiwawa River Pines
If you own a property like this and want to sell, please don't hesitate to call. The market demand is high.
Deal (Inventory is high, demand is low)
Condos zoned multi-family
Houses located within the city limits of Leavenworth
Steep land
If are looking for a deal, look here. If you are selling, you need to hire the best agent you can and price your property aggressively.
1 comments:
Hi Geordie, This is a good post, separating the segments of the market. As always, Good job!
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