Earlier in the week, our local newspaper had an interesting article about how high Wenatchee, Washington rates on a recent national housing affordability index. According to the article, Wenatchee is tied with Yuma, Arizona and McAllen/Edinburg/Phar, Texas as the three parts of the country least likely to experience a burst in the housing bubble.
In the study of 379 cities nationwide, Wenatchee rates only behind El Paso and Odessa, Texas and Fayetteville, NC on the affordability index.
So... in this crazy time in the real estate world, Wenatchee is being touted as a good dollar value and safe bet against the much discussed and much feared housing bubble.
Beyond the housing affordability issue, we have extremely reasonable electric power rates. My personal PUD bill last month (for an air conditioned 2300 sq.ft. home) was $33.02. To learn more about our power structure, go to my primary blog and read my post about energy prices in the Wenatchee area.
Beyond the housing and power rate factors, I consider the concern over the cost of fuel these days. Since we are a relatively small geographic area (in the center of Washington State), it's not very far to get from one place to another. To learn more about Wenatchee and the surrounding area, check out this city of Wenatchee link and the Wenatchee Valley link.
Hope everyone has a safe and happy Labor Day week-end!
Carol Williams
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