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Realtor’s Corner
Financing Your Future Takes an Expert Call our team of loan experts to get started. Broad Range of Loan Options FHA VA Conventional 100% USDA Home Path Reverse Mortgage 203K Funds for Renovating First-Time Home Buyer Programs Get Pre-Approved Today!
by North Central Washington Association of Realtors Board of Directors
New to our Team!
Happy Holidays Everyone!
Traci Dry Branch Manager MLO-89226 Mortgage Advisor Cell: 509-670-6767
Shawn Patterson MLO-390870 Mortgage Advisor Cell: 509-670-4520
Jason Austin MLO-83289 Mortgage Advisor Cell: 509-669-0821
Janie Shrader MLO-39052 Mortgage Advisor Cell: 509-670-4125
Stephanie Matthews MLO-111852 Mortgage Advisor Cell: 509-670-0547
Becca Thompson Loan Coordinator
Kim Witherspoon MLO-264433 Mortgage Advisor Cell: 509-264-0674
Rick Graybill MLO-39050 Mortgage Advisor Cell: 509-470-1778
Kevin Nelson MLO-121548 Mortgage Advisor Cell: 509-860-7197
Hablo Español
Donaji Maydole MLO-370325 Mortgage Advisor Cell: 509-264-0070
Stacey Torres Tanya Waterman Branch Administrator Director of 1st Impressions
Kim Dennis Processor
1250 N. Wenatchee Ave., Suite G, Wenatchee, WA 98801 Visit us online at www.magloans.com Office 509-470-7800 Toll Free 1-877-264-5510 Fax 509-470-7801
What a year! From occupying Wall Street, to local elections, to Super Committees, all-in-all it has been an interesting year to say the least. From the real estate industry standpoint we’ve had some pleasant surprises, one example is our affordability index. Affordability index measures whether or not a typical family could qualify for a mortgage loan on a typical home. A typical home is defined as a medianpriced home and a typical family is defined as one earning median family income. According to the Chelan-Douglas Trends website: “In the third quarter of 2011, the Housing Affordability Index was 138.2 for Chelan-Douglas MSA. In other words, a typical household had 138.2% of the income required to make payments on a median price resale home. Since the first quarter of 2001, when the series began, the MSA’s Index has increased by 1.2%. However, since the third quarter of 2007, when MSA’s Index was at its lowest point, the Index has increased 60%. The median home price in the MSA in the third quarter of 2011 was $212,404. In the third quarter of 2011, median resale prices of homes in the State were higher, at $225,300. The median resale value of a home in the State has increased 28% since the first quarter of 2001, when the series began. The median resale price of homes peaked for the State during the second quarter of 2007. Since then, the median resale price has declined 28%.” www.chelandouglastrends.ewu.edu
CL-216869
www.wenatcheepremierhomes.com Stephen Office: 662-3491 Bishop fax: 664-3897
679-7004
Sharon Moreland
OPEN HOUSES
670-0075
See Our Open Houses and other Fine Listings at www.century21exclusively.com
Bringing Buyers & Sellers Together Karie Rolen Designated Broker
R E A L E S TAT E
860-2700 Connect to johnlscott.com/wenatcheeofice • 662-4772 • 1201 N. Wenatchee Ave. This Office independently Owned & Operated
Lorre Stimac Realtor
135 N. Mission Wenatchee, WA • 509-662-2100
RESERVE YOUR SPACE TODAY!
cell: 509 670-7653 fax: 509 662-2164
Contact: Tom
lorrestimac@hotmail.com
Nees
Cell: 509-860-2091 nees@wenatcheeworld.com
Now, more is less. I can help you save money. The more you insure with Allstate, the less you pay. In fact, safe drivers who insure their home and car can save up to 45% on car insurance. Add coverage for your motorcycle, boat or ATV and save even more. Call me first to see how much you can save. Jason Ellard (509) 664-7058
Debbie S. Feist, LUTCF (509) 884-4800
342 N. Wenatchee Ave. Wenatchee jasonellard@allstate.com
363 Eastmont Ave. East Wenatchee debbiefeist@allstate.com
Brad E. Huddle (509) 664-4000 235 N. Mission St. Wenatchee bradhuddle@allstate.com
DISCOUNT PERCENTAGES VARY BY STATE, include discounts for having multiple Allstate policies/products and are subject to terms and availability. Allstate Fire and Casualty Insurance Company, Northbrook, IL. © 2010 Allstate Insurance Company.
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