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  • Area Home Prices Increase a Normal 3.5% YTD
  • King County Prices Slightly Down
  • Inventory, pending sales and prices all increased during June

Buyers getting “some relief” as key indicators point to strong summer for housing market

KIRKLAND, Washington (July 8, 2019) – Inventory, pending sales and prices all increased during June
compared to a year ago, according to the latest report from Northwest Multiple Listing Service. The same
report, which covers 23 counties in Washington state, shows year-over-year drops area-wide in both the
volume of new listings and closed sales.

“Clearly we now see that the market is moderating – that is we’re definitely moving from a ‘hypermarket’
to one where a correction is underway compared to last year,”…

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High Impact Real Estate Marketing & 1% MLS Listing Commissions For Today’s Home Sellers

The Cascade Team Real Estate is a company like no other because of the marketing, service and home seller savings we provide. We understand that in today’s real estate & home selling environment, we need to provide a high level of real estate service and wide spread marketing of the home for sale, utilize technology to keep our home seller clients in the communication loop and provide added value to both buyers and home sellers in the real estate transaction. The effective use of technology tools allows our local real estate agents to focus more of their time on servicing our clients and finding buyers for your home, all the while providing the most…

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Decorate your bikes and trikes and show your patriotic spirit by participating in the annual 4th of July Parade at Snoqualmie Ridge.

The parade begins at 10:30 am at Cascade View Elementary. 

It’s a free event open to the Snoqualmie community and typically attended by thousands every year.  So grab your family, your red, white and blue – and see you at the park!

Following the parade, join us at Community Park for an afternoon celebration filled with food, games, music, face painting, pony rides and more… And come visit The Cascade Team as we host FREE Sno-Cones for our 13th straight year along with some other fun free giveaways! The Mt Si Highschool Cheerleaders will also be assisting The Cascade Team this year at the Sno-Cone Booth!!

    …

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  • King County Housing Inventory Increases More Than 62%
  • Total Area Inventory Up 24.5%
  • Buyers rejoiced at lower interest rates in May.
  • Volume of new listings, and the number of closed sales – both showed slight gains from a year ago.

KIRKLAND, Washington (June 6, 2019) – The housing market in western Washington may not be as hot as it was last spring, but it is heating up, suggested one industry leader in commenting on the latest statistics from Northwest Multiple Listing Service.

Matt Deasy, president of Windermere Real Estate/East, Inc. said his analysis of single family home sales in King County reveals 7 out of 10 properties that sold during May had 15 or fewer days on the market. He also noted more than half the listings (55…

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Pricing Your Property Is A Balancing Act:

On the one hand, you want to set a listing price that maximizes interest among qualified, motivated buyers who will be willing to pay top dollar for your property. Indeed, such buyers will ultimately determine your property's top market value.

On the other hand, you do not want to set a listing price that attracts a lot of buyer prospects, but sets the stage for negotiations that result in your getting less than what your property is really worth.

Your Home's Actual Market Value

In a perfect world, your home's value would be everything you think and need it to be. However, simply put, your home's value is not determined by you, but by what the market is willing to pay for it at a given time. These…

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The Northwest MLS April stats are in!  The market looks healthy and the inventory is growing, giving buyers more options to choose from. Combine that with low mortgage interest rates, now is a great time to buy a home.  Here are a few key takeaway points:

  • There was a 2.4 percent rise in median prices for sales of single family homes and condos
  • 5.8 percent gain in pending sales
  • Seven counties had double-digit growth in inventory from a year ago, led by King County (up 78.5%) and Snohomish County (up nearly 57%)
  • Northwest MLS members added 11,697 new listings to inventory during April for a year-over-year gain of nearly 3.8%
  • Home prices for last month's completed sales of single family homes and condos rose 2.4 percent area-wide compared…

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KIRKLAND, Washington (April 5, 2019) - Both pending sales and new listing activity around Western Washington surged during March as buyers, sellers, and brokers emerged from February's record snowfall.

Brokers added 10,516 new listings of single family homes and condos to the Northwest Multiple Listing Service inventory last month, the highest monthly volume since August 2018. Compared to the same month a year ago, new listings across the 23 counties in the report were down slightly (79 fewer units).

MLS members also reported 10,261 pending sales during the same timeframe, the highest number of mutually accepted offers since July, and nearly matching the year-ago total of 10,311.

"After the housing adjustment in 2018, this year's spring market is…

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The NWMLS latest Press Release showed an Icy February market.  A reflection on the weather?  Some think so, and I happen to agree!  Although inventory levels rose, pending homes dropped.  The snow certainly had an effect on people's ability to get around (myself included!) which only makes sense the market had less than normal activity.  Here are a few key points:

  • February pending sales dropped nearly 14 percent.
  • Showing activity dropped more than 41 percent the week of the heaviest snow.
  • Inventory levels show a 42.3 percent jump from twelve months ago.
  • Prices appear to have bottomed out to around year-ago levels.
  • As February temperatures plunged, prices in most counties started heating up, rising from a year ago as well as when…

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There’s no shortage of advice online about the best time to list, and it all goes something like this: The vast majority of home sales occur when the weather heats up, and homes sold during this time of year tend to attract high prices. Conventional wisdom tells us it’s best to list early in the year. That way, you’re sure to benefit from the Spring peak in sales, and the premium pricing during the warmer months as well. List too late, we’re warned, and you could miss this warm weather bump.

At first blush, this conventional wisdom seems particularly wise. After all, there’s one thing that all homeowners looking to sell have in common — they want to do so as quickly as possible, and for as much money as possible. Listing early, in theory, means…

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Selling your home these days isn’t as simple as it used to be. With the explosion of real estate marketing on the Internet, prospective buyers can do their initial home shopping online. While this means that your listed property will be viewed by more prospective customers, it also means that many other properties will also be showcased, making for a much more competitive market.

While sales in the existing home market are expected to take a tick up early in 2019, there is a lot of concern about raising interest rates and economic uncertainty in the future. We are also looking for increasing inventory levels to start as early as March of this year with predictions of the greatest amount of housing inventory to hit the market in five years by May.

…

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