How Is The Real Estate Market?
Fall Foliage At The Wenatchee RiverI get this question asked all the time. "How is the real estate market?" "Are you still keeping busy"? The national attention to the "real estate slowdown" and talk of a "bubble bust" has everyone wondering if Wenatchee, which has been enjoying national attention as the #1 appreciating market in the nation, is still going strong.
Wenatchee IS still going strong. We are still busy with buyers and sellers. However, the local market, in general, seems to be experiencing a temporary slowdown due to seasonal circumstances, some subprime meltdown financing woes, AND buyers waiting for properties to sell elsewhere. We have many buyers with properties for sale in other parts of the country. When those properties sell they will be re-buying here.
Demand is still strong and I predict pent-up demand will continue to grow and we will experience another surge in the Spring. If you are a buyer, now is a great time to buy while inventory is up and sales are down. If you are a seller, your property WILL sell if you price it right. Now is not the time to test the market. Price your home right for a quick sale and take advantage of the increased inventory of homes on the market to get a great buy.
As you can tell, I am still very bullish on Wenatchee. Although I wrote it last December, here is a link to an article that is still timely. It outlines the economic climate and why local real estate is still, and will continue to be, in high demand.

Remember:
Information Is FREE. Knowledge, Experience & Integrity Are Priceless
Contact the TOP Team today:
Carol Williams TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com
Posted on Sunday, October 14, 2007 at 05:57PM
by
Carol Williams
in Buyer Needs, General Area News & Info, Miscellaneous news, info, ramblings, Wenatchee WA Real Estate Trends, Wenatchee Washington Real Estate
|
Post a Comment



Reader Comments