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Geordie Romer, CRS, e-PRO

Updates for Leavenworth Real Estate Blog

The Leavenworth Real Estate Blog, myleavenworth.com has a number of recent articles that are really worth checking out.

I wrote updates for Leavenworth market stats for both houses in Leavenworth (single family homes) and for Leavenworth condos.

I also posted part 1 of a two part series by home inspector, John Griffith of Cascade Site Services. John's article talks about 5 common issues Leavenworth home buyers might typically find while doing a home inspection.

Look for part 2 coming soon..

Leavenworth Luxury Home Update

Luxury Homes in Leavenworth WA range from log cabins on the Wenatchee River or Lake Wenatchee to large horse properties with 5000 square foot homes.

In 2007 there were 34 homes listed for sale in the Leavenworth Real Estate market above $700,000.

As of April 2008, 10 of these homes have sold while another 2 are currently under contract. The sales prices in the past year have ranged from $725,000 to $950,000. In 2007, no Leavenworth home was able to sell for more than $1 Million.

The average luxury home in Leavenworth and Lake Wenatchee was about 2600 square feet and located on the water. 4 homes in this price range were on Lake Wenatchee or Fish Lake and another 3 were on a river - the Wenatchee River, Icicle Creek or the Chiwawa River.

As of April 4 2008, there are 16 luxury homes on the market in Leavenworth. 8 of these homes are listed for more than $1 million and 7 of the homes are located on waterfront parcels. (Though only one is lakefront.)

Here are two links to some gorgeous luxury homes in the Leavenworth area.

Leavenworth View Home - The Haugen Lodge atop Ski Hill

Leavenworth Waterfront Home - Icicle Canyon Lodge on the Wenatchee River

Click Here to Search Leavenworth Luxury Homes

Leavenworth Real Estate Agent Nominated for Technology Award

Leavenworth real estate agent, Geordie Romer of Windermere Real Estate, has recently been nominated for 2007 Tech Savvy Business of the Year by the Greater Wenatchee Area Technology Alliance. Romer specializes in the vacation homes and luxury homes in the Leavenworth and Lake Wenatchee area. He has built his business on web based marketing which includes his real estate blog, www.myleavenworth.com and blogging for the Seattle PI's Real Estate Professionals Blog.

A handful of local businesses are nominated each year. The award will be presented on April 8 at the Innovator's Awards Luncheon along with the Entrepreneur of the Year award. Last year's winners were Erlandsen Inc for Tech Savvy Business and Sarty Mountain, Inc for Entrepreneur of the Year.

Tech Savvy Business

Leavenworth Blog Makes Recent Blog Carnival

Blue Roof is the most recent host of the real estate blog carnival.

I submitted a recent article about Leavenworth condo development that had been in my head for a while and was lucky enough to have it included.

Blue Roof writes:

Geordie Romer of Leavenworth Washington Real Estate Blog presents his "Top 5 Ways to Shoot Your Leavenworth Condo Project in the Foot." He actually goes the extra mile and gives six, including "Don't dismiss the internet as a fad." Good advice.

Thanks for the plug and thanks to everyone who participated.

Leavenworth Real Estate- Building Equity

Leavenworth real estate has been a great investment even when other parts of the country are hurting. Home buyers (not just investors) are buying homes, living in them, and creating great equity and wealth.
Here are two stories I heard in Leavenworth this week.
A young couple, one a teacher and the other in retail, bought a small older house a few years ago for under $100,000. They have decided to move out of town and are deciding to sell the house or rent it out. The garage sits on a separate lot which is worth $100,000 by itself. The house, though it needs work, is probably worth about $225,000 and would make a good first home for someone in the village of Leavenworth.
Another family moved to Leavenworth from Spokane. They bought a house a few years ago in town. The decided to refinance their mortgage to get rid of PMI. Now that they have more equity they were able to switch to a 15 year mortgage and are only paying a little more than what they were paying with PMI. A lower interest rate and built up equity really make a big difference.
I am so excited to be able to share positive stories about real estate when all we hear on the news is doom and gloom.