August, 2019 RSS Icon
Found 3 entries for August, 2019.

Recession fears are growing, and that may prompt some Americans—who are still haunted by the last one—to get skittish about the housing market. Don’t expect another “real estate fire sale” if the economy heads into another recession, economists say.

“This is going to be a much shorter recession than the last one,” George Ratiu, senior economist with realtor.com®, notes in a recent article at the site. “I don’t think the next recession will be a repeat of 2008. … The housing market is in a better position.”

Just 2% of economists, strategists, academics, and policymakers surveyed believe a recession will occur this year, based on a survey of more than 200 members of the National Association for Business Economics. Thirty-eight percent believe a

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MLS director John Deely, principal managing broker at Coldwell Banker Bain in Seattle, described King County’s residential market as “balanced on a fulcrum between growth, stagnation, and decline.” New listings of single family homes (excluding condos) in King County dropped year-over-year and when compared to last month, he noted. Total active listings and pending sales both improved from a year ago, but slipped from June’s totals.

  • Median price dropped 2.7%.
  • Increased listing inventory from prior months put pressure on pricing,”
  • Home Prices declined about 2.9% from June.

 The Cascade Team Real Estate is a 2019 Neighborhood Favorite on NextDoor! 

Northwest MLS brokers report mixed activity during July, as volume of closed sales

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We are very happy to announce that The Cascade Team Real Estate has been named the Best Real Estate Brokerage on Nextdoor for 2 years in a row! The Cascade Team can be found in 617 different neighborhoods collectively representing 133,586 Home Owners. We are very proud to be a part of the neighborhoods we represent and are very proud in the trust you place in all of our amazing agents and neighbors!

Congratulations, you're a 2019 Neighborhood Favorite! It’s official - you’re a winner and neighbors love you! Only 1% of all businesses win this award, and The Cascade Team Real Estate is one of them!

The votes have been tallied and the winners are in. We're pleased to announce the businesses Nextdoor voted as 2019's Neighborhood Favorites!

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