City’s housing market makes builders’ list
Saturday, February 16, 2013
WENATCHEE — The Apple Capital of the World made its debut this month on a list of Washington cities with improved housing markets, the National Association of Home Builders announced last week.
Wenatchee joined Yakima, Kennewick, Spokane, Bellingham, Longview and Seattle on the Improving Market Index of cities showing a marked uptick in house prices and new building activity. Nationwide, 259 metropolitan housing markets are listed on the index.
“I’ve seen a real rebound in home sales in the Wenatchee area,” said Jim Blair, president and CEO of Wenatchee’s North Meridian Title and Escrow. The market has shown “an increase year over year since 2010, with last year showing a 25 percent increase over 2011. We’re expecting to see a similar sales volume in 2013.”
Overall, low interest rates coupled with reduced home prices has helped the local market recover, said Blair.
Released monthly, the index identifies housing markets that have shown improvement for at least six consecutive months based on increases in local construction employment, home prices and building permits.
For more info, visit nahb.org/improvingmarkets.
— Mike Irwin, World staff
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UPCOMING EVENTS
Wednesday, June 19
WVC Hepcats Swing Dance Classes
Wenatchee Valley Senior Activity Center, 7 p.m.
Wednesday, June 19
Live Music: Stephen & Sergio @ Icicle Brewing Company
Icicle Brewing Company, 7 p.m.
Thursday, June 20
BNI Better Business Boosters
Rivertop Bar & Grill, 201 N. Wenatchee Ave., 7:30 a.m.
Thursday, June 20
BNI High Noon Achievers
Red Lion Hotel, noon




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