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Lot sales hot, hot, hot: developers find: build it and they will buy.

They come full will majestic names like the Canyons, Eagle Rock, Castlerock Heights and Broadview.

Almost anywhere you turn in the Valley, you can see bulldozers clearing land for new subdivisions. Homes are popping up on the hills on both sides of the Columbia River like never before.

For subdivision developers, springtime is the key period to selling lots. And by all reports, subdivsion lot sales have been hot, hot, hot.

'Right now, as soon as they get them off the ground, they're sold," said Cyndy Overman, senior planner for the city of Wenatchee.

Projects that usually take two or three years to sell out are now selling in a year or less.

"I can't think of a subdivision that's having a difficult time, to tell you the truth," said Don Huber, vice president of Huber Real Estate. "Demand is high and supply is still low."

Huber Development has sold 18 of 23 lots in its Alderwood Subdivision less than eight months after getting approval....
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Title Annotation:Looking Back 20 years: JUNE 1992 WBJ ARCHIVES
Publication:Wenatchee Business Journal
Date:Jun 1, 2012
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