4th of July

The 4th of July is here tomorrow and we are so excited to be able to spend time with our family and friends! What are your plans? Enjoy this time!

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New Listing

224 Bandera Way

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224 Bandera-11

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224 Bandera-50

 

This is a must see this beautifully appointed custom home at Bear Mountain Ranch Golf Course overlooking Lake Chelan and the Chelan Valley. Enjoy phenomenal living and entertaining space in over 3700 sqft of living on two levels. A gated entry with stamped concrete walkway welcomes you to the guest house and garage with private patios. The main floor master suite with a gas fireplace opens to the huge tiled deck with panoramic views at the edge of the golf course. Granite and tile and wood flooring accent the great room concept with ample living and dining area. The rock fireplace and entertainment area adorn the living area with double doors to the deck. A Master Chef’s kitchen boasts a large center island with eat bar for preparation of all your culinary delights and entertaining. The lower level has two large guest suites, a media room, and a guest kitchen opening to a spacious lower patio. Two additional finished bonus rooms for the hobbyist or for your imagination.

Listed for $920,000

More information here

 

New Listing

GrandView Pent House with AMAZING views! Listed at $569,000.

Top floor corner unit at Grandview on the Lake. Huge uplake views with a spacious covered deck. Fully furnished and remodeled for your vacation enjoyment or rental income opportunity. Three bedrooms includes a beautiful master bedroom with stunning views and two baths all on one level with a large kitchen, kitchen island and eat bar and dining area. Skylights and panoramic views of the Butte, Lake Chelan and surrounding mountains accent this one of a kind unit on the shores of Lake Chelan. Don’t miss out on 2013 income, call for your appointment today. For more information, click here.

Grandview #646-6

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Annual Home Values Rise 6.2 Percent Nationwide in January

DATE:FEBRUARY 21, 2013 | CATEGORY:MARKETTRENDS | AUTHOR:

The strong momentum the housing market built up in 2012 has officially carried over into 2013, ashome values rose to $158,100 last month, up 0.7 percent from December and 6.2 percent from January 2012, according to the January Zillow Real Estate Market Reports.

 

January marked the 15th consecutive month of home value gains. The 6.2 percent annual gain is the largest since July 2006, when home values rose 7.5 percent year-over-year. The last time national home values were at this level was in June 2004.

Home value appreciation was widespread in January, as all of the top 30 metros covered by Zillow experienced year-over-year gains. Major markets where home values rose the most over January 2012 included Phoenix (21.9 percent), San Francisco (17.2 percent), San Jose (16.8 percent), Las Vegas (16.2 percent) and Sacramento (13.7 percent).

On a monthly basis, 27 of the top 30 metro markets showed home value appreciation in January. TheSt. Louis and Orlando metros were the only markets that fell month-over-month. Baltimore was flat.

Because of seasonality, national rents fell slightly in January compared with December, down 0.2 percent to a Zillow Rent Index of $1,271. Year-over-year, national rents were up 4.3 percent.

Foreclosures, while falling, still remain an important and significant part of the market. Completed foreclosures slowed in January, falling to 5.54 homes foreclosed out of every 10,000 homes nationwide. That was down 0.8 homes over December and down 2.3 homes year-over-year.

“The winter months are typically when things cool off in the housing market, but high demand and continued tight inventory in many markets have helped keep things at a boil through the early part of 2013,” said Zillow Chief Economist Dr. Stan Humphries. “Demand will continue to be high throughout 2013, which will help home values and rents alike continue to rise. Foreclosure activity remains high, despite recent drop-offs. This will have the dual effects of nurturing rental demand, as displaced former homeowners seek new lodgings, and of adding supply to many markets, as foreclosed properties re-enter the market.”

Read more here.

CoreLogic Home Price Index Rises for the 10th Consecutive Month in December; Biggest Year-Over-Year Increase Since May 2006

CoreLogic Home Price Index Rises for the 10th Consecutive Month in December; Biggest Year-Over-Year Increase Since May 2006

––Pending HPI Indicates Growth Continued in January––

Irvine, Calif., February 5, 2013—CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider, today released its December CoreLogic HPI® report. Home prices nationwide, including distressed sales, increased on a year-over-year basis by 8.3 percent in December 2012 compared to December 2011. This change represents the biggest increase since May 2006 and the 10th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales, home prices increased by 0.4 percent in December 2012 compared to November 2012*. The HPI analysis shows that all but four states are experiencing year-over-year price gains.

Excluding distressed sales, home prices increased on a year-over-year basis by 7.5 percent in December 2012 compared to December 2011. On a month-over-month basis, excluding distressed sales, home prices increased 0.9 percent in December 2012 compared to November 2012. Distressed sales include short sales and real estate owned (REO) transactions.

The CoreLogic Pending HPI indicates that January 2013 home prices, including distressed sales, are expected to rise by 7.9 percent on a year-over-year basis from January 2012 and fall by 1 percent on a month-over-month basis from December 2012, reflecting a seasonal winter slowdown. Excluding distressed sales, January 2013 house prices are poised to rise 8.6 percent year over year from January 2012 and by 0.7 percent month over month from December 2012. The CoreLogic Pending HPI is a proprietary and exclusive metric that provides the most current indication of trends in home prices. It is based on Multiple Listing Service (MLS) data that measure price changes for the most recent month.

“December marked 10 consecutive months of year-over-year home price improvements, and the strongest growth since the height of the last housing boom more than six years ago,” said

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Mark Fleming, chief economist for CoreLogic. “We expect price growth to continue in January as our Pending HPI shows strong year-over-year appreciation.”

“We are heading into 2013 with home prices on the rebound,” said Anand Nallathambi, president and CEO of CoreLogic. “The upward trend in home prices in 2012 was broad based with 46 of 50 states registering gains for the year. All signals point to a continued improvement in the fundamentals underpinning the U.S. housing market recovery.”

Highlights as of December 2012:

  •   Including distressed sales, the five states with the highest home price appreciation were: Arizona (+20.2 percent), Nevada (+15.3 percent), Idaho (+14.6 percent), California (+12.6 percent) and Hawaii (+12.5 percent).
  •   Includingdistressedsales,thismonthonlyfourstatespostedhomepricedepreciation: Delaware (-3.4 percent), Illinois (-2.7 percent), New Jersey (-0.9 percent) and Pennsylvania (-0.5 percent).
  •   Excluding distressed sales, the five states with the highest home price appreciation were: Arizona (+16.4 percent), Nevada (+14.7 percent), California (+12.8 percent), Hawaii (+11.7 percent) and North Dakota (+10.8 percent).
  •   Excluding distressed sales, this month only three states posted home price depreciation: Delaware (-1.9 percent), Alabama (-1.0 percent) and New Jersey (-0.5 percent).
  •   Including distressed transactions, the peak-to-current change in the national HPI (from April 2006 to December 2012) was -26.9 percent. Excluding distressed transactions, the peak-to- current change in the HPI for the same period was -20.8 percent.
  •   The five states with the largest peak-to-current declines, including distressed transactions, were Nevada (-52.4 percent), Florida (-43.5 percent), Arizona (-39.8 percent), Michigan (-36.5 percent) and California (-35.4 percent).
  •   Ofthetop100CoreBasedStatisticalAreas(CBSAs)measuredbypopulation,only16are showing year-over-year declines in December, two fewer than in November.*November data was revised. Revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results.

Best of Q&A: When Is The Best Time To List Your House?

Re-blogged By:  Read the whole article here.

 

 

Q: Currently when is the best time to list your house?

It is mid January we are currently getting an estimate for putting in city sewage, new roof, and driveway. We are hoping to have this done by the end of February.

A: The best time to sell your house is when you are absolutely ready.

A home on the market cannot be a work in progress, as you will never get an opportunity to re-interest a buyer turned off by something avoidable. When the home is de-cluttered, clean, and show ready, you can welcome potential buyers with confidence.

People sometimes think that Spring is the optimal time. But keep in mind that you will have more competition then. Buyers looking for a home in the winter months are usually pretty serious and need to make a decision.

Bob Kelly, Re/Max Main Street Realty

From: realtor.com