Monthly Archives: September 2009

No more Tax Deductions for Donating your building to the Fire Department

The IRS will no longer allow a property owner to deduct the value of a building donated to the fire department for training.  Such donations have been a common way for the fire districts in the Lake Chelan area to … Continue reading

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Why the Homebuyer Tax Credit should expire without Extension

So far the homebuyer tax credit has cost taxpayers $15 billion.  According to the NAR, about 350,000 sales occurred which would not have without the tax credit.  So, that’s $43,500 spent for every sale gained from the Homebuyer Tax Credit.  That’s … Continue reading

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Looking for a reason to buy real estate? How about free ice cream?

Phoenix Realtor Greg Swann suggested I share this with you: When I was a kid, my Uncle Jack, my mother’s oldest brother, told me a story I’ve never forgotten. He was at a little county fair way out in corn … Continue reading

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Why the huge surge in the registration of domains named after street addresses?

Business Wire published an article about the huge surge in the registration of domains named after street addresses.  This trend was started by none other than Greg and Cathleen Swan at Bloodhound Realty in Phoenix. It goes further to mention … Continue reading

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Manson Community Council Meeting on 29th on Sub Area Plan, Storm Water & Garbage

The meeting is at the Ray Bumgarner Building (next to the school district offices on Quetilquasoon).  Here are the items on the agenda: Community Development (Applications, Planning Meetings, etc…) -          Manson Sub-Area Plan & Zoning Dan Baker Property – Regarding … Continue reading

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I-90 Snoqualmie Pass Travel Graphs from the WSDOT!

I looked into the Lake Chelan Tweetgrid and saw lead to this useful graph that shows traffic volume versus time of day during the winter months for Snoqualmie Pass.  It shows frequent travel days, like Fridays coming out of Seattle … Continue reading

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2008 to 2009 Lake Chelan Waterfront Land and Home Sales Analysis

I spent some time on spreadsheets today looking at waterfront home sales.  If you are a buyer of waterfront property at Lake Chelan, you could make it easier to tell what is going on.  Buy MORE waterfront property and buy … Continue reading

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Commercial Real Estate Market Diving

Lake Chelan isn’t the only area seeing slow times in commercial real estate. In July, both volume and prices for commercial sales dropped precipitously from last year. Weakness in the commercial real-estate market, which held out longer than the residential … Continue reading

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Nearly your Last Chance to have input into the Chelan County Subdivision Code Revision

I wrote about a major rewrite of the Chelan County Subdivision code that is underway.  Many folks did not realize that the update would be such a big change and have concerns.  It goes before Planning Commission on the 28th … Continue reading

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More Chelan Valley Real Estate Sales information for August

Pacific Appraisals sent out their Snapshot Report for August for the Lake Chelan Valley.  The median waterfront home price in 2009 dropped from $2,100,000 to $1,000,000 which is a 52% decline!  The median home sales price has only declined 5%, from … Continue reading

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