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House hunting? 5 do's & don'ts for today's crazy market
It is a challenging time to purchase a home. Inventory is incredibly low and demand is incredibly high. However, with the right guide to navigate the market you can still find - and purchase! - your dream home. Here are 5 do's and don'ts if you're preparing to enter the battle.
  1. Do find a realtor you can trust. You will need someone who will go to battle for you and be able to move quick. A good reputation is a must in competing offer situations. AE has long-standing and far-reaching networks to help you close the deal.
  2. Do prepare to act quickly. All six of AE's current listings will close within 30 days of list. Things are moving fast, so you need to as well. This means entering the fray pre-approved and with a clear idea of your must haves and areas of compromise.
  3. Don't make a contingent offer. 9 times out of 10 (or more) a contingent offer is not going to be accepted in this market. As scary as it is, you will likely want to sell your home first, then look to buy. We just helped one of our recent sellers purchase their next home - it can be done!
  4. Do make your offer competitive. In addition to increasing the price of your offer, add other attractive elements. For example, is your timing flexible? Flexbility on close date may be very attractive to some sellers.
  5. Don't judge today's market by last year's prices. Prices have jumped dramatically in the past year - by over 20%. Expect to pay more. With up to date knowledge of market conditions, we can help you determine if a home is priced fairly in today's market.
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Housing Market At a Glance
Sales Price
As mentioned above, prices are continuing on their upward trend, with both the median and average price significantly raised.

 

Active Listings
The number of active listings continues to be alarmingly low - down 74% from last year. Expect competition!
Sold Trends
Recent Augustedge Home Sales
2299 Fancher Heights

 

2318 Riter St

 

Rocklund Dr
4811&4813 Yaksum Canyon

 

4211 & 4217 Dixie Ln

 

89 Diede Hills Ln
3906 Charleston Ln

 

6534 Cyprus Loop

 

54 Peach Lane
Augustedge - Accounting, Real Estate, Insurance
We provide a full range of professional services à la carte – real estate, accounting, tax, business consulting, bookkeeping, quickbooks, financial services and insurance to ensure that you get the level of support you require with superior client service. We are your trusted problem-solver; your confidant, and your business adviser all rolled up together.
Low inventory means hot buyers!
Augustedge, PLLC & Real Estate
Wenatchee Office
521 S Chelan Ave, Suite A.
Wenatchee, WA 98801
509-494-8500

 

Augustedge, PLLC & Real Estate
Tri-Cities Office
Cynergy Centre
4309 W. 27th Pl., Suite 105
Kennewick, WA 99338
509-581-3004
Augustedge, PLLC
Chelan Office
107 Emerson Ave. Suite #1 & #4
Chelan, WA 98816
509-494-8500

 

Augustedge, PLLC & Real Estate
Quincy Office
21 D St. SW, Suite A
Quincy, WA 98848
509-794-0610