This is the question the Chamber hopes to help answer at our annual Real Estate Outlook program Tuesday, April 17th at 7:30 a.m. at the Red Lion.
Real estate has been a key industry in our nation and Valley for many years. As the national real
estate market cooled in 2006, we continued to see a boom here. As a matter of fact, the Wenatchee Valley led the nation in residential real estate appreciation from January 2007 through March 2008. The bursting of the real estate bubble was felt here but thankfully, we have avoided the worst of the declining values and foreclosure crisis. During all these years we have hosted a real estate outlook annually and 2012 is no exception.
Our sponsor, Pacific Appraisals, will provide the most current information on real estate activity in the region.
Randy Gold of Gold Construction will give us the outlook for builders. He has been a frequent member of our panel and it has been enlightening to follow the changes he has made in his business to navigate the challenging recent years in the industry.
Laura Mounter of Laura Mounter Real Estate, also a past panel member. will give us the real estate agent’s perspective on what lies ahead.
New to our panel will be Greg Peterson from Cashmere Valley Bank who will provide his outlook on the direction of interest rates in 2012 which has a huge impact on home affordability.
After prepared comments all will be available for a quetion and answer period. The City of Wenatchee will also bring some maps showing
their plans that will impact growth in the years to come.
The event is always one of our most popular, please contact the Chamber office at 662-2116 for more information or to reserve your seat.