Mike's Blog
Eight Belles To Die PDF Print E-mail

 

Eight Belles left the gate

 Unaware of her fate

Winning her goal

Great strength in her Soul

This Graceful and Elegant Lady

Began the greatest of trial

After the first mile

The only one left

She would ride to her death

Winning was her quest

The only Filly in a field of twenty

She took second in the run for the money

Big Brown unleashed his final fury

With a quarter mile to go

Only the Beautiful and Elegant

Eight Belles was left in the show

Her Heart and her Spirit

So strong for so long

She would break both front ankles

And soon be gone

She raced to her death

She would take her last breath

Lying on her back

She would die on the track

Her Elegance and Beauty

The Highest Estate

She will Never be Forgotten

This Kentucky Derby Date

Written by

John P. McNamara

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Poet /songwriter

 
Get the facts Straight PDF Print E-mail
Facts about Foreclosures rates today are the same as they were 10 years ago.
 
Wenatchee facts PDF Print E-mail
What is the difference between east Wenatchee and  Wenatchee?Not much of a diffence it feels like one community we are separated by the Columbia River.  How far is Chelan and what kind of community is it?Chelan is 35 miles North of Wenatchee and is more of a Resort destination in the Summer.  Has a lot of Charm.  How far is Leavenworth and what type of community is it?Leavenworth is 20 Miles West of Wenatchee and is a Bavarian themed town / tourism destination with lots of actives going on throughout the year. What is the average temperature  in the winter? Temperatures tend to be in the 30's.On average, there are 300 sunny days per year. What type of activities do residents enjoy? All types of outdoor recreation as well as performing arts and music. What is the average income level? $55,000.00 What is the median age? In the city the population was spread out with 27.4% under the age of 18, 10.0% from 18 to 24, 28.3% from 25 to 44, 19.3% from 45 to 64, and 15.0% who were 65 years of age or older. The median age was 34 years. For every 100 females there were 95.6 males. For every 100 females age 18 and over, there were 92.8 males. How many high schools are there? Two Public High schools one in East Wenatchee  the other Wenatchee. One Private High School. How many days of rain do you have? 9 inches rain fall on average. Are days overcast usually? On average, there are 300 sunny days per year. What is the source of income for most of the population? Agriculture & Government jobs.  What is the property tax? This one is a hard one to answer because it is different all over the county, I did call the assessor office they gave me one example of some property in the Sunnyslope area property tax would be $11.78 per thousand $..   What is the median price of home? $234,000.00 Is there rental property available if I were to build a home?Yes, numerous apartments, houses or condos. What is the average  cost to build per square foot?$105 on average this depends on the quality here is a link to the building association. I have read some about vineyards and wineries but is this unusual for Wenatchee or do a number exist? There are around 30 wineries in the area at this point. They are from Moses Lake to Oroville including Wenatchee, Leavenworth area, and Chelan. And more coming all the time. The majority of grapes are from outside of Chelan County but there are several vineyards within the county as well.  check out my web site under Chelan and Wenatchee to see link to them www.mikemcgregor.net Are there many people moving to Wenatchee, if so are there many homes being built? Our valley is growing and there are many new developments.    Do you have a significant amount of land to still sell? Yes but outside the city limits, some lots are still available within city limits but not much is for sale.  How would you describe the community? Vibrant and growing, last year Wenatchee was number 1#  in the nation for increased home values. Like any small town that is growing fast, you have to plan for roads and housing.  Your Question was how would I describe it, I love this area so I’m biased.  This is a great community to live and do business if you love the beauty of the mountains, outdoor recreation and a small town feel.
 
New Listing PDF Print E-mail

1406 Tacoma St. Wenatchee,WA. 98801    For $189,900.00

Charming older home with four bedrooms, one bath on a large lot.   Walking distance to shopping, senior center and Foothills middle school.  Updated with vinyl windows and lots of potential.   Single car garage.  Secluded backyard with nice shade trees. This home is ready to move into.   4 bedrooms and 1 bath  

tacoma.jpg

 
Get the facts Straight PDF Print E-mail
The Washington real estate market is a stable and an excellent investment that you get to live in. Reminder what people allways say I wish I would've bought back thenSmile
 
Price Change PDF Print E-mail

New price of $180,000.00 on a nice home at 1408 Pearview Circle Wenatchee   to see more go to the Property Search

enter MLS # 683372

 
Existing-Home Sales Rise in February PDF Print E-mail
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 2.9 percent to a seasonally adjusted annual rate of 5.03 million units in February from a pace of 4.89 million in January, but remain 23.8 percent below the 6.60 million-unit level in February 2007. The sales pace has been in a fairly narrow range since last September.

Lawrence Yun, NAR chief economist, says the gain is encouraging. “We’re not expecting a notable gain in existing-home sales until the second half of this year, but the improvement is another sign that the market is stabilizing,” he says. “Buyers taking advantage of higher loan limits for both FHA and conventional mortgages will unleash some pent-up demand. As inventories are drawn down, prices in many markets should go positive later this year.”

The national median existing-home price for all housing types was $195,900 in February, down 8.2 percent from a year earlier when the median was $213,500. Because the slowdown in sales from a year ago is greater in high-cost areas, there is a downward pull to the national median with relatively fewer sales in higher priced markets.

Source: NAR
 
Prices moving down PDF Print E-mail

It is a great sunny day in Wenatchee again time to start thinking about planting the garden!!! Check out the new price at Pear view Circle home in Wenatchee. See the link to more about it.

Pearview listing

 
Wenatchee asking Price Breakdown PDF Print E-mail
 

Breakdown of prices in the Wenatchee metropolitan area.

  Price                : Number of listings

 $1.5 million - $2.0 million:  2

$1.0 million - $1.5 million:   4

$750,000 - $1.0 million:  10

$500,000 - $750,000:  54

$400,000-$500,000:  48

$300,000-$400,000:  119

$200,000-$300,000:  190

$100,000-$200,000:  97

Source: Multiple Listing Service
 
Why Now is a Smart Time to Buy PDF Print E-mail

Why Now is a Smart Time to Buy Now is a great time to buy a home, say the financial gurus at the Wall Street Journal. The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but some potential customers might find it reassuring. Remember this is a place to live not a stock market investment, they say. Lenders want buyers to spend no more than 28 percent of their gross monthly income on mortgage payments, real estate taxes, and home insurance. Buyers shouldn’t count on stretching further because lenders won’t approve their loans. Cash is king. Having enough money in the bank to pay closing costs that are typically an additional 2 percent to 3 percent of the price of the home is necessary. Location. Location, location. As any good real estate professional knows, homes in good school districts where the crime is low are much more likely to hold or increase their value. Compare. Besides just looking at the comps, buyers should examine what it would cost to rent a similar house in the same area and they might consider what it would cost to buy land and build a comparable home. Think long haul. It will probably take at least six or seven years of living in the house to be able to sell and come out ahead. Source:

 

 The Wall Street Journal, Shelly Banjo (03/11/08)

 
Wenatchee #1 PDF Print E-mail

 

Wenatchee stat dec 2007
 
Home benefits PDF Print E-mail
 

Learn about the benefits of owning a home.

  1. Over the past 30 years, home values have risen more than 6 percent annually.
  2. On average, the value of a home nearly doubles every 10 years.
  3. 60 percent of the average homeowner's wealth comes from their homes equity.
  4. The average homeowner's net worth is $171,000 - that's nearly 46 times that of a renter's, who has an average net worth of $4,800.
  5. Homeowners benefit from the power of leverage. At an annual appreciation  rate of 5 percent, a 10 percent down payment on a home will return 94 percent after 3 years. After 5 years, the rate of return increases to 225 percent and after 10 years, 623 percent.

                           

 
New Development PDF Print E-mail

cobblestone development wenatchee washington

 

More infomation E-Mail me

 
Price Change PDF Print E-mail

4  Golf Course Dr, Alta Lake millersmall.jpg

Price $695,000.00     New Price

A must see in the inside and go golf at Alta Lake golf course or swiming at the Alta Lake or horse back riding. Big Lot with lots of trees on it.

 
Good News PDF Print E-mail
Daily Real Estate News | August 1, 2007 Pending Home Sales See Biggest Gain in 3 Years The market is likely to stabilize in the months ahead, according to the NATIONAL ASSOCIATION OF REALTORS®’ forward-looking indicator on pending home sales. The Pending Home Sales Index, based on contracts signed in June, was 5 percent higher from the downwardly revised May index of 97.5, but is still 8.6 percent below June 2006 when it stood at 112. The 5 percent monthly gain is the largest in more than three years, since a 6.1 percent increase was recorded in March 2004. Lawrence Yun, NAR senior economist, says it’s encouraging that the increase occurred in all four major regions of the United States. “However, it is too early to say if home sales have already passed bottom,” he says. “Still, major declines in home sales are likely to have occurred already and further declines, if any, are likely to be modest given the accumulating pent-up demand.” The index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed. What Happened Regionally Here’s a breakdown of what the PHSI showed across the country: West: the PHSI increased 8.6 percent in June to 103.6, but was 5.5 percent below a year ago. Northeast: the index rose 3.1 percent from May to 96, which is 2.4 percent lower than June 2006. South: the index increased 4.7 percent in June to 111.6, but was 12.7 percent below a year ago. Midwest: the PHSI rose 3.5 percent in June to 92.5, which is 8.2 percent lower than June 2006.
 
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