HomeFinders Weekend Sept. 21-23, 2012 by The Wenatchee World

homes.wenatcheeworld.com

North Central Washington

Homefinder’s WEEKEND

WEEK OF SEPT. 22ND

Realtor’s Corner The Finances of Renting vs. Buying by THE KCM CREW on September 14, 2012

Trulia reported this week that homeownership is 45% cheaper than renting in the United States. Jed Kolko, Trulia’s Chief Economist explained: “Homeownership is cheaper than renting in all of the 100 largest metros, by a wide margin. Despite the recent price rebound, rents continue to rise faster than prices, and mortgage rates are near record lows. Homeownership makes the most financial sense for people whose strong credit scores let them snag the lowest mortgage rate and who get the biggest benefit from deducting mortgage interest and property taxes from their income taxes.” This news did not come as a surprise to us as we have reported that today’s rental market definitely favors the landlord. To the right is a graph of how rental prices have increased recently and where they are projected to go over the next few years based on a report from Marcus & Millichap.

It cost more to rent than own right now. And you don’t get any of your rent back in the future. History shows us, in the long term, you can build equity in a home. Dr. Ken Johnson earlier this year explained in a blog post: “It appears that homeownership creates extra wealth mainly through its ability to force owners to save rather than through property appreciation. Thus, homeownership appears to be a self-imposed savings plan, which through time leads to greater wealth accumulation as compared to comparable renters. In short, buying a home makes Americans save.” The Joint Center for Housing Studies at Harvard University released a study last year titled America’s Rental Housing: Meeting Challenges, Building on Opportunities. In the study, they actually quantified the difference in family wealth between renters and homeowners: “[R]enters have only a fraction of the net wealth of owners. Near the peak of the housing bubble in 2007, the median net wealth of homeowners was $234,600—about 46 times the $5,100 median for renters. Even if homeowner wealth fell back to 1995 levels, it would still be 27.5 times the median for renters.” What Does This All Mean? We believe David Shulman, senior economist with the UCLA Ziman Center for Real Estate said it best: “The American Dream of homeownership may be comatose, but it is not dead, and the wake-up call will come in the form of higher rents.”

We offer fast and friendly complete title insurance and escrow real estate closings. All title & escrow procedures are done in-house. We do not outsource.

Helpful Back to School Websites! www.smarttutor.com

www.collegeatlas.org

An online elementary tutoring website for reading and math.

www.readingrockets.org Offers help on teaching young children to read and a parent’s guide to Standardized Testing.

www.kaboose.com

Serving NCW since 1890.

An online site consisting of recipes, after school games and activities, seasonal activities for the classroom and more.

http://school.familyeducation.com Offers advice on student learning by grade, subject, disabilities, homeschooling, parental involvement, study skills, tests and grades.

www.positiveparenting.com Provides constructive resources to make parenting rewarding and effective.

Complete online atlas of colleges and universities, including online and community colleges, international programs and colleges by major.

www.mathfactcafe.com Site has pre-built and build-your-own math drills, flash cards, games and more.

www.additudemag.com/adhd-guide/adhd-at-school.html Offers advice for parents and teachers living and working with ADD and ADHD students.

www.usa.gov Determine which immunizations children are required to have, whether children qualify for financial assistance, plan healthful meals and more.

www.fueluptoplay60.com Portal for students, supporters and educators for the Fuel Up to Play 60 program empowering students to choose good foods and get 60 minutes of exercise daily.

www.math.com Offers math homework help, practice problems, tutoring, tools and games.

www.k12schoolsupplies.net or www.schoolspecialty.com

www.aim4college.com Offers a big picture approach for parents and students on the classroom to career connection.

Online distributors of school supplies for parents and teachers.

www.school-supply-list.com Complete back to school supplies list for all grade levels.

Info compiled from various sources: http://www.google.com http://www.helpfullinks.org/helpfullinks/index.cfm?ID=10&startRow=1 http://www.usa.gov/Topics/Back-to-School.shtml http://www.howtolearn.com/best-websites/best-educational-websites-2012-2

Local family owned and operated.

“Se Habla Español” First American Title - Wenatchee

TITLE & ESCROW SERVICES FAX (509) 663-6823 www.pioneertitlecompany.com

Wenatchee Branch 411 N. Chelan St. Wenatchee, WA

Chelan Branch 314 A E. Woodin Chelan, WA

509-663-1125

509-682-4050

16 South Mission Street, Wenatchee WA 98801 Phone: 509-663-8555

First American Title - Chelan First American Title Insurance Company makes no express or implied warranty respecting the information presented and assumes no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates.

Stephen Office: 662-3491 Bishop fax: 664-3897

Agents

679-7004

Over 21 Years of Real Estate expertise partnered with the National Exposure of !

Sharon Moreland

670-0075

Office: (509) 888-3950

gary@premierone.biz Cell 509-679-4132 garymullenrealestate.com

Search Every Wenatchee Real Estate Listing at www.NCWhomes.com

My Real Estate business is going to the dogs! (and cats too) I donate a portion of my commissions to the Wenatchee Valley Humane Society.

Jerry Paine

741-2548 Cell

~ Buying or selling...together we can unlock your dreams! ~ ~17 years marketing & ~ Buying or selling...together w ~ new construction experience heidi@premierone.biz

509-860-7696 • ncwrealestate.com Call me for all your real estate needs.

Windermere Real Estate/NCW

Bringing Buyers & Sellers Together Roger Downer Broker Associate

R E A L E S TAT E

679-0592 Connect to johnlscott.com/wenatcheeofice • 662-4772 • 1201 N. Wenatchee Ave. This Office independently Owned & Operated

1 S. Chelan St., Wenatchee •

Melissa Kiser Melissa@MelissaKiser.com

www.wenatcheepremierhomes.com

Featured

509.668.8800

217 East Woodin Ave Unit 1-A, Chelan WA 98816 Phone: 509-682-5623

Coldwell Banker LaVigne 1 S.1 Chelan St., Wenatchee • 509-888-8887 S. Chelan St., Wenatchee • 888-8887

Carole Keane • 630-6609 • ColdwellBankerLaVigne.com People are “Our Business”

homes.wenatcheeworld.com

North Central Washington

Homefinder’s WEEKEND

WEEK OF SEPT. 22ND

The Lender with a

3 < <3 r Clients <3 r Realtors

Own it!

<3 r Community Why rent? We can help you own!

(509) 664-3634 Toll Free: 1-888-821-9252 101 S Mission, Wenatchee Branch NMLS #9035

April Brown

It’s time to join.

Carolyn Brown

MLO 205209

Loan Co-ordinator

Evergreen Home Loans is a registered trade name of Evergreen Moneysource Mortgage Company

NMLS #3182

numericacu.com • (800) 433-1837

Monthly home sales in the Wenatchee area Year to date totals Jul. 2012 = 544 Jul. 2011 = 431

Average sales price YTD Jul. 2012 = $242,847 Jul. 2011 = $246,832

Median* sales price YTD Jul. 2012 = $207,750 Jul. 2011 = $213,000

* Median price denotes that half of the houses were priced greater than the median price, half were lower

100

Dollar volume homes sold YTD

80 60

$150,000,000 $120,000,000

$90,000,000 $60,000,000 $30,000,000 $0

JUL 2010

JUL 2011

Source: Pacific Appraisal Associates (Figures include home and condo sales)

JUL 2012

20 0

’10 ’11 ’12

FEB

MAR

APR

MAY

JUN

JUL

Ask us about Accident Forgiveness. With other insurance companies, having an accident can mean your rates rise as much as 40%. But with Allstate’s Accident Forgiveness, your rates won’t go up at all just because of an accident. Don’t wait! Call us today. Jason Ellard (509) 664-7058

Debbie S. Feist (509) 884-4800

Brad E. Huddle (509) 664-4000

342 N. Wenatchee Ave. Wenatchee jasonellard@allstate.com

363 Eastmont Ave. East Wenatchee debbiefeist@allstate.com

235 N. Mission St. Wenatchee bradhuddle@allstate.com

Call us to put yourself in Good Hands®. Feature is optional and subject to terms and conditions. Safe Driving Bonus® won’t apply after an accident. In CA, you could still lose the 20% Good Driver Discount. Allstate Fire and Casualty Insurance Company. Northbrook, IL. © 2010 Allstate Insurance Company.

homes.wenatcheeworld.com

North Central Washington

Homefinder’s WEEKEND

WEEK OF SEPT. 22ND

September 22 & 23, 2012

N<<B<E; FG<E ?FLJ<J Saturday Open Homes

Wenatchee

East Wenatchee

$324,900

2116 Yarrow Rd. Open Sat. & Sun. 11-4                         Century 21 Exclusively Betsy Loomis 669-6464

$189,000

201 NW 22nd Open Sun. 1-3 Kitchen island, gorgeous lighting, elaborate master bath, French doors to outdoor decking, hot tub and pool! Oh it s a triple wide! Directions: Sunset Highway to 19th, turn towards river. Cascade to 22nd St. House on corner. Century 21 Exclusively Karen Boghokian 860-9052

$344,900

$348,500 2805 Squilchuck Rd. Open Sun. 2-3:30                                       Laura Mounter Real Estate & Co. Cindy Smith 664-6278

$234,000 3413 NW Cascade Open Sun. 3-4:30 Beautiful new rambler, with great kitchen boasts breakfast bar and abundance of cabinets. Private location, irrigation water, stamped sidewalks and patio. Directions: West off NW 35th, left on NW Cascade. Laura Mounter Real Estate & Co. Jason O Daffer 206-240-3298

$345,000

$ 95,000

10 S. Cove #10 Open Sun. 12-1:30 Washington West - New on the Market! Darling, affordable, 2 bed, 1 bath ground level condo. Covered deck with views. Covered parking and well maintained grounds. Directions: West on Washington, left on Cove. Laura Mounter Real Estate & Co. Nannette Saint 679-2741

$389,900 2109 Yarrow Rd. Open Sat. & Sun. 11-4                               Century 21 Exclusively Betsy Loomis 669-6464

$258,000 1380 Eastmont Ave. #1408 Open Sun. 1-3 I  a       E  I 3  2  great      A MUT EE!  E    1   E Windermere Real Estate/NCW Jolly Seyster 670-2500

$419,000 2830 Blue Heron Lane Open Sun. 1-3                                            Century 21 Exclusively Annette Johnson 630-6107

$154,900

$435,000

2105 Sunrise Circle Open Sun. 12-3 Choose to live in Sunrise Circle! This wonderful 3700+ sq. ft. view home is situated in this delightful established neighborhood with its own private park and pool. 5 bed, 3.75 bath, ½ acre, 4 car garage. Directions: N. Western, right on Sunrise. Century 21 Exclusively Lee Hildebrand 669-7601

$259,900

2178 Blackstone Ct. Open Sun. 12:30-2 New home, new development. 3 plus bed, 2.5 bath, 2 story home. Custom cabinets, granite, tile. Fourth bedroom could be used as bonus room. Price reduced. Directions: N. Baker, right on 21st, left on Blackstone Ct. Century 21 Exclusively Gene Palmquist 393-9820

$439,911

$283,000

$298,000

2115 - 5th St. Open Sat. 1-3                                        Century 21 Exclusively John Bonniwell 679-0767

Wenatchee $ 36,500

1132 Foothills Ln. Open Sun. 11:30-1                    John L. Scott Wenatchee Sue Long 670-0633

20 S. Delaware Ave. Open Sun. 12-1:30 Spacious 2 bed, 2.5 bath townhouse condo with a tastefully updated kitchen featuring Corian counter tops and stainless appliances. Covered parking and private patio. Directions: On the corner of Washington St. and Delaware Avenue. Laura Mounter Real Estate & Co. Cindy Smith 664-6278

$168,000

403 Oregon Street Open Sun. 12:30-2 Three bedroom, 2.5 bath townhouse condo close to downtown. Two private courtyards, attached two car garage with storage. Directions: South on Orondo, turn right onto Oregon. Coldwell Banker LaVigne Carole Keane 630-6609

$169,900

801 Gellatly St. Open Sun. 12-1:30                                      Windermere Real Estate/NCW Jody Campbell 630-0722

$179,900

1115 Amherst Ave. Open Sun. 12:30-2:30                                      Premier One Properties Steven Schwind 421-1150

2133 Sunrise Circle Open Sun. 1-3 This landmark home is mid-century modern meets Frank Lloyd Wright! Too many unique features to list. 3 bed, 2.5 bath, 2,906 sq. ft. rambler with community pool. Directions: N. Wenatchee Ave. to Maiden Lane, right on Western, right on Sunrise. Laura Mounter Real Estate & Co. Pam Cooke 679-4625

$224,900

1130 Pershing St. Open Sun. 1:15-3:30 Charming 3 bed, 2 bath rambler home. Fresh paint, new carpets and much more! Directions: Between Springwater and Maple. John L. Scott Wenatchee Sue Long 670-0633

$275,000

1025 Canal Blvd. Open Sun. 12-2 New On Market! Lots of home at competitive price. 4 bed daylight rambler with 3,800 sq. ft. Private end of the road location. Walk the canal from your front door. Directions: West on Millerdale, left on Gellatly, right on Lois, left on Vista. Laura Mounter Real Estate & Co. Kandi Wilson 433-1225

D E L L E C N CA

1507 Country Club Dr. Open Sun. 1-2:30                                      Laura Mounter Real Estate & Co. Jan Widener 670-2444

$499,900 2702 Gracie Lane Open Sun. 1-3 Million dollar view! Enjoy the Columbia River from your covered deck. Granite Gourmet kitchen with many upgrades, Game Room with Bar and Theater Room. Directions: Hwy WA-28E, right on S. Perry, left on Gracie Lane. Century 21 Exclusively DeAnn Compton 670-9966 $540,000

2719 Angel Lane Open Sun. 2:30-4 2 COMPLETE LIVING LEVELS! Main: 3 bed, 2.5 bath, kitchen, living, family, laundry, 3-car garage! Lower: private entry, 2 bed, bath, kitchen, living, family, laundry, 1.5 car garage! Directions: From Sunset, East on 27th, North on Angel. Windermere Real Estate/NCW Jody Campbell 630-0722

Cashmere

$299,900

Sunnyslope $289,900

3647 Burchvale Road Open Sun. 3-5 Enjoy a country life. 2103 sq. ft. living in a bright and airy kitchen, adjoining living area. 3 beds with a very comfortable master and 5 point master bath. Great Views. Directions: Easy St., right on Peters, left on Burch Mtn. Rd., left on Burchvale. Premier One Properties Steven Schwind 421-1150

351 - 19th St. NE #7 Open Sun. 1-3                                        Century 21 Exclusively Doug Andrews 860-8840

Starting at $309,950

East Wenatchee

Rivervue Open Sat. & Sun. 12-4 Model homes from 1965-2814 Sq. Ft. Impressive designs, ramblers, two story, daylights, complete with landscaping. Directions: East on Grant, right on Kentucky, left on 4th, right on Lyle. Premier One Properties Heidi Favor 741-2548

$134,900

528 Nahalee Dr. Open Sun. 1-3                                       Premier One Properties Sharon Moreland 670-0075

$339,900 34 S. Mandolin Open Sun. 12-2 3274 sq. ft. open concept daylight rambler with 5 bedrooms, 3 baths. Master on main. Gourmet kitchen with slab granite counter tops, 3-car garage, RV parking, easy care landscaping. Directions: Up Grant Road past Kentucky, right on Mandolin. Premier One Properties Jeannie King 679-5150

$185,000

$344,000

$189,900

1335 S. Miller St. Open Sun. 2-3:30                    Century 21 Exclusively Bitsi George 670-8555

1931 NW Cascade Open Sun. 2-3:30                                          Laura Mounter Real Estate & Co. NormaJean Jessup 670-8340

661 Briarwood Terrrace Open Sun. 12-4                                          Premier One Properties Jeff Benson 630-6859

1100 Parkroy Open Sun. 1-2:30 Quality built rambler in coveted Grant School neighborhood. Family room, 3 bedrooms, 2.5 baths, double garage and covered patio. Directions: East on SE 4th, left on Iowa, right on Parkroy. Laura Mounter Real Estate & Co. Jason O Daffer 206-240-3298

191 N. Lyle Open Sun. 11-12:30 1 level home with 3 bed, 2 bath + 2nd living quarters detached. Front porch mountain views, back deck overlooking manicured back yard. 2 car garage plus additional 1 car detached garage and garden shed. Directions: Up Grant Road, left on Lyle. Century 21 Exclusively DeAnn Compton 670-9966

$195,000

314 Cottage Avenue Open Sun. 12-1:30                                         Laura Mounter Real Estate & Co. NormaJean Jessup 670-8340

Leavenworth $335,000

8975 Icicle Rd. #C Open Sun. 1-2:30                                          Coldwell-Banker Lavigne Sandra Mathena 421-8680

Entiat 

      3 bed, 2 bath home with over 1400 sq. ft. on 1/4 acre. Fireplace, central air/heat, hardi-plank siding, all with beautiful mountain views! Directions: From Hwy 97A, up Entiat River Road, right on Entiat Way, left on Hedding St, right into Saksa Hills.      

For additional information on these Open Houses visit: www.ncwaropenhouses.com 3PM N. 12 U S N OPE

Office: 509-662-2100 135 N. Mission Wenatchee See Our Open Houses at www.century21exclusively.com $369,900 Quality built Craftsman home on .32 acre next to a golf course! Chef’s kitchen with gas range and walk-in-pantry. Spacious dining room, main loor den, living room with gas ireplace and built in bookcases. Master suite with extra room for ofice space, French doors to private deck, and master bathroom with jetted tub - a private oasis.

Annette Johnson 509-630-6107

$309,900............. WENATCHEE Country home! Spacious, two levels, shy 3 acres, garage/shop, on dead end private road. Exceptional views of Wenatchee and Columbia River. Vaulted ceilings, expansive kitchen, and free standing fireplace. MLS# 699316 Jamie Wallace 670-3305

$275,000....EAST WENATCHEE Rare find in desirable Stoneridge neighborhood! 4 bedrooms, office, and gorgeous views! Great outdoor entertaining area with large patio and soothing waterfall. 2279 sq ft & 3 car garage! MLS# 699342 Jacque Hurst 860-3963

$253,500....EAST WENATCHEE

$385,000 Secluded view lots included with this 5 bd/ 1.75 bath updated view home with in-ground pool and large shop. Close to schools & shopping, this property is being marketed as development property, and has several possibilities. Apartment complexes are popular in this area.

Mark Owyen 509-670-0274

$44,900 to 89,900 Three opportunities to own prime main street commercial lots on Rock Island Road.

Mark Owyen 509-670-0274 $245,000

Updated spacious home, updated kitchen--new countertops, new composite granite sink, newer appliances, hardwood loors and a new ireplace. Large back yard and extra large 2 car garage.

Gene Palmquist 509-393-9820 $244,900

Beautifully updated rambler with 3 bdm, 2 bath and fantastic landscaping on almost one-third of an acre. Value added home improvements give this home warmth, character and functionality. One year home warranty included.

Pam Wright 509-860-4487

Each office independently owned. Equal housing opportunity.

MOVE IN ‘PERFECT’ Built in 2007 and all the details are finished in fencing, low maintenance landscaping, quality window coverings and updated appliances. Everything seems like new with 1,850 square feet, family & living rooms, tile & upgrades MLS# 699356 Kathy Emerick 421-5934

$125,000....EAST WENATCHEE SUNRISE EAST - OVER 55. Over 1,300 square feet, 3 bedrooms and 2 baths with covered, Sunsetter patio. Oversized garage is perfectly outfitted with storage and benches. Lots of parking, too! MLS# 699355 Kathy Emerick 421-5934

$115,000... EAST WENATCHEE SUNRISE EAST - OVER 55 COMMUNITY. Affordable, but stylish 2 bedroom on the perimeter of neighborhood. Updated colors and high vaulted ceilings. Sunny southern patio & big attached garage. MLS# 699371 Kathy Emerick 509-421-5934 Windermere Real Estate / NCW

662-7184 • 1-800-841-0055 www.windermerewenatchee.com

215 PEAR LANE, WENATCHEE

1317 S.E. SENECA STREET – WENATCHEE Spacious updated rambler with over 2000sf! Many original details including solid oak floors, built in dressers and hutch, and massive fireplace. Remodeled kitchen with granite counters, hickory cabinets and pantry, master suite addition, central heat/air with heat pump, new windows and exterior paint! Oversize 620sf garage! Ideal location with irrigation and fenced yard! $249,900. Please contact PAUL MARES @ 670-2119 For more information. MLS# 699273

Contact: Tom

Nees

509-860-2091 nees@wenatcheeworld.com

Talk To Tom About OPEN HOUSES • AGENT FINDER FEATURED LISTINGS • REALTOR SPOTLIGHT • REALTOR’S CORNER

$244,900

Pam Wright 509-860-4487 Century 21 Exclusively

Patti Davis JL Spotlight—sp

22PM UN. 1 S N E OP

1606 CLARK DR. – WENATCHEE Stylishly updated and furnished turn-key home. New cabinets and counters in kitchen and laundry, stainless appliances and double sink. Master bath with new fixtures, toilet and vanity with slab granite. Newly installed oak laminate flooring and remodeled guest bath. Very private covered patio to take in the fantastic view! Fresh interior paint in 2010, exterior in 2007. New windows in 1996. $84,900. Please contact PAUL MARES @ 670-2119 For more information. MLS# 699119

401 COTTAGE AVE., CASHMERE Historic Craftsman Bungalow!

425 W. ROLLING HILLS – WENATCHEE 30 DAYS TO SALE! Short sale with Cashmere Valley Bank, willing to work with us for 30 days. .93 acre lot features breathtaking river and Cascade mountain views. Don’t wait! $109,900. Please contact ERIN DAVIDSON @ 293-2214 For more information. MLS# 699297

420 SADDLEHORN LOOP – WENATCHEE Beautiful four bedroom home with three bathrooms. Includes 1,988 Sq. ft. on 0.22 acres. New Construction with many wonderful amenities. $254,900. Please contact LINDA HANSON @ 630-7338 For more information. MLS# 699179

8795 ICICLE ROAD – LEAVENWORTH Serenity is yours on the third fairway of the Leavenworth Golf Course. Summers will find you living on the deck enjoying barbeques with family and friends. The spacious Master Bedroom is luxuriously comfortable. The Master bath is ample as is the walk-in closet. Kitchen features quality wood cabinetry with plenty of storage room. Sitting inside or out you’ll take pleasure living here. $439,900. Please contact STEVE SCHWIND @ 421-1150 For more information. MLS# 698097

homes.wenatcheeworld.com RESERVE YOUR SPACE TODAY!

Beauty and Character - 3 bedroom, 1.75 bath on large lot in Wenatchee. 20+pts of value added home improvements Get more pictures instantly: Text 701519 to 79564.

www.premierone.biz 925 Fifth St., Wenatchee • 662-3491

If you’re in the market for a new home, remember – location is everything. Navigate directly to homes.wenatcheeworld.com

Homefinder’s North Central Washington

$195,000

Patti Davis 509-670-4690 NCW Realty

Patti Davis JL Spotlight—sp

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