Real Estate Blog

At the risk of getting into hot water with the Leavenworth real estate agents, I am cautioning potential buyers to watch the market over the next few months before making a buying decision. 

There was an article in last night’s Wenatchee World newspaper about the upcoming closure of Longview Fibre’s Winton lumber mill 14 miles northwest of  Leavenworth.  According to the article, this will displace 100 workers.  How many of these displaced workers will need to sell their homes.  Will this increase the inventory of homes for sale enough to put downward pressure on prices.  Perhaps.  I will be watching the trend over the next few months. 

You can read the complete article here.  Stay tuned for future updates.

For answers to your specific real estate related questions contact:
Carol@TopPropertiesWenatchee.com 

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source: Caution - Watch Leavenworth Real Estate Values

This entry was posted on Friday, October 13th, 2006 at 5:11 pm and is filed under Buyer Needs, General Area News & Info, Leavenworth Real Estate, Miscellaneous news, info, ramblings. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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