As a financial assistant, I can provide you with some potential pros and cons of purchasing real estate in the village of Gleed, Washington. However, please note that this information is based on general market trends and may not necessarily apply to specific properties or individuals.

Pros:
1. Affordability: Compared to larger cities, Gleed may offer more affordable housing options.
2. Peaceful and Quiet: Gleed is a small village surrounded by nature, which may appeal to those looking for a quieter lifestyle.
3. Outdoor Activities: Gleed is located in the Yakima Valley, which offers various outdoor activities such as hiking, skiing, and boating.
4. Potential for Investment: If you are able to purchase a property in Gleed at a low price, you may be able to see a good return on investment if the area continues to grow in popularity.

Cons:
1. Limited Entertainment Options: Compared to larger cities, Gleed may offer fewer entertainment options such as restaurants, bars, and shopping centers.
2. Distance from Major Cities: Gleed is located about 2.5 hours away from Seattle, which may make commuting difficult for some.
3. Limited Job Opportunities: As a small village, Gleed may not offer as many job opportunities as larger cities.
4. Risk of Natural Disasters: As Gleed is surrounded by nature, there may be an increased risk of natural disasters such as wildfires or floods.

Overall, it is important to carefully consider your individual circumstances before making any real estate purchases in Gleed or any other area. I would recommend doing thorough research, consulting with a local real estate agent, and weighing the potential pros and cons before making any investment decisions.