Saturday, April 27, 2024
Real Estate

Adjusting to higher rates: Wenatchee Valley's real estate resilience

In the face of climbing interest rates, the single-family home market in Chelan and Douglas counties, with a spotlight on the Wenatchee Valley, has showcased remarkable adaptability. A comparison of …

Existing home sales vaulted 9.5% in February, largest monthly increase in a year

The housing market showed renewed strength last month as existing home sales posted their largest monthly gain in a year, according to the latest report from the National Association of Realtors. The …

Realtors’ settlement could dramatically change cost of housing sales

The National Association of Realtors has agreed to settle litigation that accused the industry group of artificially inflating real estate commissions,   setting up a reconfiguration of the …

Rent is driving inflation. But there’s something off in the data.

Inflation came in hotter than expected in January, and it may take a few more months to know if that was a fluke or if price increases are getting stickier. But one key part of the inflation picture …

WASHINGTON DC – The National Association of Realtors® reported an increase in existing home sales in January, with variations observed across the major U.S. regions. Sales saw a 3.1% rise …

Chelan/Douglas single-family home market shows steadiness amid national decline

The single-family home market in Chelan/Douglas exhibited remarkable consistency in 2023, contrasting with the national trend. While the National Association of Realtors (NAR) reported a 19% decrease …

Existing home sales dipped in December, marking a year of declines

The real estate market witnessed a continued decline in existing home sales in December, marking a year-end slowdown in an already fragile housing sector. According to the National Association of …

Western land values navigate economic uncertainties

In a landscape marked by high-interest rates, fluctuating farm incomes, and evolving water regulations, land values in the Western United States exhibit a complex pattern of stability and change. …

Existing home sales rise in November, ending a five-month decline

Existing home sales in November saw an uptick, putting an end to a five-month consecutive decline, as reported by the National Association of Realtors® (NAR). The report highlighted a nuanced …

October sees 4.1% decline in existing home sales nationwide

Recent statistics released by the National Association of Realtors® have unveiled a 4.1% decrease in existing home sales for October.

WASHINGTON – The National Association of Realtors® reports a 2.0% decline in existing home sales for the month of September, indicating persistent challenges in the housing market. These …

Chelan-Douglas housing market bucks national trend with strong 3rd quarter

WENATCHEE – While the National Association of Realtors has consistently reported monthly declines in existing home sales across the nation, the Chelan-Douglas single-family home market, …

U.S. Existing-Home Sales Slip 0.7% in August

WASHINGTON - The U.S. real estate landscape experienced a subtle shift in the month of August as existing home sales registered a 0.7% decline, marking a notable moment in the ongoing housing market …

Chelan-Douglas Home Sales Market Remains Resilient

On a national level, home sales in June were down 18.9% from a year ago, however, the Chelan-Douglas real estate market is performing much better.  June home sales were up 3% by dollar volume …

Grand Opening of Hotel Leavenworth

Seattle-based entrepreneur, Rob Ahrens, has officially opened the fully-rebranded and renovated, Hotel Leavenworth. Ahrens purchased the hotel previously known as the Bavarian Ritz in November 2022 …

Washington Retail Report

POLICY Health data privacy bill advances  House Bill 1155, the health data privacy act, prime sponsored by Rep. Vandana Slatter (D-48-Bellevue), passed the House of Representatives …

The National Association of Realtors announced on February 21 that existing home sales had slowed in January for the 12 th month in a row. Locally, the Chelan/Douglas market was also stung by slower …

RE/MAX Advantage earns recognition for highest average transaction per agent

CHELAN – RE/MAX Advantage of Chelan County recently received the multi-office award for the highest average transaction per agent among all RE/MAX offices in Chelan and Olympia. The average …

West Cashmere Bridge holds opening and dedication ceremony

The West Cashmere Bridge held an opening and dedication ceremony on June 22 at 10 am to commemorate the completion of Chelan County’s largest-ever transportation project, which cost about $27 …

Washington Public Works Board accepting loan applications now through Sept. 9

OLYMPIA - The Washington State Public Works Board (PWB) is accepting applications for infrastructure construction and pre-construction loans now through midnight, Sept. 9. Cities, counties, special …

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