NCW Real Estate Blog

While the numbers during the first part of the year were a bit slow, it would be hard to call May anything but a pretty good month for the Chelan real estate market.  How good?  Compared to May of 2007, total residential sales dollars for the month are 123% of last years, from about $7.56 million in 2007 to $9.3 million in 2008.  The average sale price is up to $620,626 from $397,829 in 2007 for May.

My summary report is here.  The number of sales in May of 2008 were still a bit lower than last year, 15 sales compared to [Read more →]

Tags: Uncategorized by Al Lorenz
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I attended the Affordable Housing Symposium hosted by the City of Wenatchee yesterday afternoon.  As I suspected, the “Independent” recommendations were anything but.

I was actually pretty favorably impressed with the consultant, David Rosen, of DPR Associates.  They took census data from 2000 and Office of Financial Management data from as recently as 2006 and 2007 and did a thorough statistical analysis of the housing situation in Wenatchee.  They are also very knowledgeable of housing trusts, housing authorities and the taxes and regulation that can be used to support such ventures.  They are experts and have facilitated $7 billion of affordable housing.

However, the consultant was chosen by a group made of representatives from the Planning Department, Housing Authority and the NW Justice group.  These groups stand to gain from [Read more →]

Tags: Uncategorized by Al Lorenz
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Attention: The Chelan County PUD has set April 7th (1PM in the Boardroom) as the date and location for of an important meeting to continue a discussion of whether PRIVATE DOCKS should be permitted on land the PUD owns along the shorelines of the Rocky Reach Reservoir on the Columbia River – affecting about 7 percent of land behind Rocky Reach Dam. There are also a few parcels affected on Lake Chelan.

Property owners who own their entire waterfront would not be affected.
 

Tags: General Interest, Local, Uncategorized by Jerry_Isenhart
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