Three Fingers Appeal next step is Summary Judgement in April
According to Tammy Lee Hauge of the Chelan Basin Conservancy, the Goodfellows have asked for a Summary Judgement hearing which is expected to be...

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4 Lake Chelan Homes Sold in January, 2 were Foreclosures
The Lake Chelan Residential Sales Summary is out that covers January sales.  4 homes sold in the Lake Chelan area in January and 2 of those were...

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City of Chelan hastily calls meeting on Town Toyota Center Debt
The City of Chelan called a meeting, with just one day’s notice, for a special meeting of the city council to consider action on the Town...

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Amazon is hiring, up to 56,200 employees
According to an article in Techflash, Seattle based Amazon.com had 56,200 employees at the end of 2011. That’s a heck of a lot of Amazonians. Or...

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Properties for the Car Guy
There are many niches that real estate folks specialize in, from luxury properties and condominiums to commercial properties or even helping divorced...

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Why we need more tech jobs in the Lake Chelan Valley
Tech jobs pay, and pay well.  They have also remained in demand even during the recession.  Even though agriculture is doing reasonably well right...

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Most Analysts think Obama’s Refinancing Plan won’t happen
In his State of the Union Address, President Obama outlined a refinancing plan “that gives every responsible homeowner the chance to save about...

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Sales volume grows while prices decline in Puget Sound Housing Market
The sales numbers in the NWMLS and shrinking inventory are signs that a recovery in housing should be coming.  However, the continued declines in...

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Housing Inventory is coming down
After an improved December in housing sales, the inventory of previously owned homes listed for sale sank to 2.38 million.  That is the lowest level...

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Look at all the Down Payment Assistance that is available!
There are quite a few programs out there that help to reduce or eliminate or reduce the biggest hurdle for most first time home buyers, the down...

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Builders Optimism on the Rise!
The National Association of Home Builders housing optimism index rose to 25 points in January from 21 points in December.  That is the high water...

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Kiplinger 2012 Home Price Prediction
Kiplinger is predicting the bottom of the housing market in 2012.  They report that prices will stop declining this spring, after a 2% or so...

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Average Waterfront Home prices drop from $902,000 in 2010 to $595,000 in 2011
Pacific Appraisals Snapshot Report for the fourth quarter of 2011 is out for the Lake Chelan area.  Their report looks at a smaller area than my Lake...

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Democrats, Independents and Republicans like mortgage deduction according to Home Builders Association
The National Association of Home Builders conducted a survey of Americans from 1500 likely voters in swing states using both Democratic and...

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Chase CEO says the bottom of the housing market is here or near
JPMorgan Chase CEO Jamie Dimon told CNBC that he thinks housing is “at or near the bottom.”   He does not expect contraction in his mortgage...

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Expectations on home prices improve according to Fannie Mae survey
Fannie Mae does a monthly survey on consumer sentiment of about 1000 adults.  Its December survey responses show an improvement in the expectations...

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2012 and housing? Here are the issues
Many of the articles and postings on what will happen in 2012 have an agenda behind them, and a predictable agenda based on that agenda. Where the...

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Pending Contracts exceed new listings for 2nd month in the NWMLS
I don’t normally get too excited about the claims about “pending” agreement claims by the NWMLS.  They often don’t track very...

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Sellers are reluctant in the current market
Buyers are seeing mortgages at 4 percent and housing prices that are at or near the lowest of the current down cycle.   They see it as a great time...

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2011 Home Sales down $4 million at Lake Chelan
Home sales at Lake Chelan shrunk in dollar volume from $49,657,000 in 2010 to $45,196,000 in 2011, about an $4 million decline year to year.  The...

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The Big Investors are coming back to housing…
From the Wall Street Journal: Hedge funds run by Caxton Associates LP, SAC Capital Advisors LP, Avenue Capital and Blackstone Group LP have been...

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Ten Most Expensive Lake Chelan Real Estate Sales in 2011
Even though the year isn’t over yet, so the top ten might still change a bit, here are the top ten real estate sales of all types at Lake...

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Trulia predicts more foreclosures, continued pricing pressure and higher rates in 2012
Trulia predicts that there will be fewer delinquencies, and more stability for existing homeowners, but that foreclosures will rise as banks work...

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NAR revises home sales down 14% for the last 4 years
The National Association of Realtors revised its home sales data downward by 14.6 percent for 2010 and for the total period from 2007 to 2010, resale...

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Economists expect to see further declines in housing prices
In the December Zillow Home Price Expectations Survey, the consensus of 109 industry experts predict that home prices will fall 1.97% between the...

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