NCW Real Estate Blog

Morse Steel Property under Option by the Port of Chelan County

Al Lorenz — Sat, 30 Jan 2010 00:04:29 +0000

Back some years ago, I put an offer on the entire Morse Steel property in Wenatchee. I was part of a group that was interested in creating an area along the river front from Orondo on the south encompassing the former public works property to the north. It is an area that could be used to create a vibrant identity in that part of the city that would compliment the entire Wenatchee downtown.

If the Port and City are able to pull off this project, it could go a long way towards a new vision for that area. The Wenatchee World had an article on the option the Port of Chelan recently signed. I certainly support something happening to take advantage of that wonderful opportunity for Wenatchee.

Leavenworth and Cashmere Real Estate Sales for 2009

Al Lorenz — Tue, 26 Jan 2010 18:47:14 +0000

The Snapshot Report for the 2009 year end is now available for both Leavenworth and Cashmere.

Leavenworth experienced a 40% decline in the dollar volume of home sales in 2009. Condo dollar volume dropped by only 12% even though the number of condos sold actually increased from 2008 by 13%. In actual numbers that means 18 condos sold in 2009 as compared to 16 in 2008. The number of homes sold in Leavenworth declines by 39% in 2009 dropping from 102 in 2008 to 62 in 2009.

The median price of a home sale in Leavenworth fell by 6% and the median price of a condo fell by 13% in 2009.

Cashmere saw a 32% decrease in the dollar volume of homes sold and a 30% reduction on the number of homes sold in 2009. Since there was one condo sold in Cashmere in 2008 and none in 2009, there was a 100% decrease in condo sales. The median home price in Cashmere declined 1% from $234,750 in 2008 to $232,000 in 2009.

Pacific Appraisals has decided to only publish these reports quarterly in the future. To see the complete reports, simply click on the links above.

County public Workshop on changes to International Building and Fire Codes

Al Lorenz — Thu, 14 Jan 2010 20:07:59 +0000

Chelan County Planning Commission will be hosting a public Workshop on the adoption of the International Building and Fire codes. This is your opportunity to comment on the proposed amendments to the Chelan County Code. The workshop is 7:00 p.m. on January 25th in the County Commissioner’s Chambers.

Please contact Graham Simon or David Grimes with questions, phone 667-6225

The proposed Building Code Resolution

Dogsled pictures from Lake Wenatchee/Fish Lake on Dec 30th

Al Lorenz — Mon, 04 Jan 2010 17:12:35 +0000

Here area a couple photos of the dogsled teams that were out on December 30th at the Fish Lake snowpark. There is a skating rink at The Cove too!

Wenatchee Snapshot Report on Real Estate Sales

Al Lorenz — Thu, 17 Dec 2009 00:03:17 +0000

The Wenatchee real estate market keeps plugging along, not gaining but not losing much from where last year ended. While 2009 continues to be below 2008 levels in both Dollar Volume (-18%) and Number of Units Sold (-11%). since June the dollar volume and number of units sold has been holding steady with last year.

This means the Wenatchee Real Estate Snapshot from Pacific Appraisals is available! Check it out!

Chelan County considers regulating Vacation Rentals, in Manson for now!

Al Lorenz — Thu, 17 Dec 2009 00:01:35 +0000

Check it out! Chelan county is looking at regulating vacation rentals of single family homes in the Manson SubArea. The process being considered is an “annual permit.”

The permit would – (more)

Most Wenatchee Home Sales are for Homes priced under $250k!

Al Lorenz — Wed, 18 Nov 2009 17:38:00 +0000

According to the Pacific Appraisals Snapshot Report, most Wenatchee home sales are occuring on homes priced under $250,000. Sales in total are still lagging last year and October lags last year by about 19% in dollar volume.

Currently there have been 508 homes sold this year, a -13% reduction from this time last year. Number of sales has increased monthly throughout 2009, with the 3rd quarter seeing the most activity. Most sales throughout 2009 have occured in the price ranges of $151,000 to $250,000. – Pacific Appraisals Snapshot for October

Beautiful Snowy Morning in Chiwawa River Pines this morning!

Al Lorenz — Sat, 14 Nov 2009 23:03:14 +0000

Snow and sun is a great combination!

Boeing Picks South Carolina over the Machinists’ Union!

Al Lorenz — Wed, 28 Oct 2009 23:02:41 +0000

In a move that will impact North Central Washington, Boeing picked South Carolina over the Puget Sound area for its second 787 assembly line. Boeing had been negotiating with the Machinists Union in hopes of getting a no strike clause in their contract in exchange for a second production line for the 787.

Certainly the decision makes sense for – more

Leavenworth & Cashmere Real Estate Sales Reports

Al Lorenz — Wed, 21 Oct 2009 21:53:26 +0000

Here are the Pacific Appraisal Leavenworth and Cashmere Snapshot Reports.

Leavenworth:

The Leavenworth market remains consistent when comparing recent months. Sales continue to be down, while the average and median sales prices of single family homes remains stable. An item to note is there were 3 condo’s sold last month! And with each new condo closing we are are seeing a significant decline in both the median and average sales prices from one year ago.

Cashmere:

The Cashmere marketplace remains significantly down in the number and volume of homes sold when comparing this month’s data to one year ago. However, there were 2 closed single family home sales this month. Up a 100% from a year ago.