Newsletter
December 2023 Newsletter
The best news in real estate this month is that developers are optimistic, as housing starts jumped in November.
December 9, 2023
The best news in real estate this month is that developers are optimistic, as housing starts jumped in November.
While the National Association of Realtors has consistently reported monthly declines in existing home sales across the nation…
Fruadulent transactions and wire fraud continue to be a problem nationwide.
Have I ever mentioned how much I love moving and remodeling? Sorry it’s been a few months since my
last newsletter, but this move took a large bite out of my time.
On a national level, home sales in June were down 18.9% from a year ago, however, the Chelan-Douglas real estate market is performing much better.
June was another strong month in the local Chelan-Douglas real estate market, as we were down year-
over-year only 3% in dollar volume compared to June last year.
Once Governor Inslee signs House Bill 1474 into law, effective January 1, 2024, the cost of recording real estate documents will increase by $100 per document to $304.50.
Interest rate sticker shock appears to have subsided. May “popped” and we are back to the good ‘ol days.
House Bill 1110 passed the House earlier this month and is under consideration by the Senate. In summary, it eliminates ALL single-family home zoning in cities where population exceeds 25,000
The National Association of Realtors announced on February 21 that existing home sales had slowed in January for the 12th month in a row.