Wenatchee Home Prices Rising Dramatically
Rising Home Equity Is A Wonderful Christmas Present!I've been talking about it for months, and the latest statistics out indicate home prices in the Wenatchee area are rising faster than previous forecasts. Our appreciation ranks 5th in the entire nation for the first three quarters of 2006.
Despite some cooling, according to an article in the week-end edition of the Wenatchee World newspaper, home prices have increased 22% since the first of this calendar year. Earlier forecasts were in the range of 16%.
What is fueling the growth? Aside from the flurry of baby boomers choosing Wenatchee as a retirement and second home destination, our strong and diverse economy should support long term stability, and a strong housing market.
Home inventories remain very tight in the under $250,000 price range. To search homes and land for sale in all price ranges, click here.
To follow the construction of a new home being built click here.
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Contact Carol today: Carol@TopPropertiesWenatchee.com
Carol Williams
in Wenatchee Washington Real Estate, Wenatchee WA Real Estate Trends, Market Summaries, Buyer Needs
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