Wenatchee World: Today's Real Estate Articles 6/26/08Wenatchee housing market still bucks trend By Christine Pratt World staff writer Posted June 26, 2008 "WENATCHEE — Soaring inventory and slowing sales could be driving down area home prices, but Wenatchee is still among the nation's strongest markets for home-price appreciation, recent industry reports show. A report released last month by the Office of Federal Housing Enterprise Oversight showed that home prices in Wenatchee grew 8 percent in the first quarter of 2008, compared with the last quarter of 2007. This was the nation's third-strongest metro-area growth, after Houma/Bayou, La., with 11.2 percent growth, and Grand Junction, Colo., with 9.1 percent growth. Wenatchee topped OFHEO's fourth quarter 2007 home-appreciation list with 14 percent growth. Wenatchee has bucked the nationwide trend in declining prices. A June 24 OFHEO report shows that house prices nationally dropped 4.6 percent during the 12-month period ending in April, compared with the same period a year ago." Click here http://wenatcheeworld.com/apps/pbcs.dll/article?AID=/20080626/NEWS04/810587185/1001 for entire story! Warm regards, The Davidson Team www.WenatcheeHouses.com "Start Packing Today!"
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Wenatchee World: Today's Real Estate Articles 6/26/08
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