Real Estate News RSS Icon

Learn about local real estate and housing market trends from The Cascade Team Real Estate.

Found 29 entries about Real Estate News.

  •          Northwest MLS brokers report gains in new listings, closed sales, prices versus year ago.
  •          A new report from Northwest MLS shows brokers added slightly more new listings last month (11,373) than a year ago (11,210).
  •          Historically low interest rates and inventory shortages as factors contributing to a “very active market.”
  •          The housing market intensity for each new listing will continue its upward trajectory as the first of the year approaches.
  •          Shortage of supply still remains a significant issue.

KIRKLAND, Washington (October 6, 2021) – September’s housing market remained “very active” to “frenzied” around Washington state with brokers reporting year-over-year (YOY) gains in new listings,

299 Views, 0 Comments
Read Full Post

 

  • August show month-to-month drops in new listings, total inventory, pending sales, close sales, and median prices
  • NWMLS statistics show the volume of new listings added during August declined from July (down 11.5%)
  • “We are seeing homes stay on the market slightly longer and more instances of sellers overpricing their properties."
  • Prices showed signs of moderating during August. The average price was down $10,000 from July.

Northwest MLS brokers say August housing activity follows patterns of seasonal slowing KIRKLAND, Washington (September 7, 2021) – August typically brings a dip in housing activity and this year was no different, according to representatives from Northwest Multiple Listing Service when commenting on newly-released

440 Views, 0 Comments
Read Full Post

The flaming-hot housing market has seen median home prices soar an unprecedented 24% since the outbreak of the Coronavirus last year. But in recent weeks, that fire has lost some of its heat as buyers finally start to push back at sky-high prices. Simply put: The housing market is slowing a bit.

Already, a growing list of doomsayers point to the shifting market as taking us one step closer to a bursting housing bubble. In their minds, housing went up too fast and now must come back down.

But what does the data say? When you look under the hood, the run-up to 2008 housing bubble and the hot 2021 housing market are very different bull markets. While there are several reasons why our latest frenzy won’t result in a bust, there’s one reason

236 Views, 0 Comments
Read Full Post

Home buyers are finding some relief, but Northwest MLS brokers say it is temporary.

  •          New listings slightly outgain homes going under contract.
  •          Highest level of Inventory since October of 2020
  •          There is some ‘normalization’ in our market as it relates to the historical summer slowdown.”
  •          This is due to a typical mid-summer season market combined with some buyer fatigue
  •          14 of the 26 counties in the Northwest MLS report showed year-over-year (YOY) gains in new listings
  •          Buyers act NOW. Sellers don’t panic.
  •          With a lack of new construction coming on the market in suburban areas after years of under building, increasing demand still has few places to go.
  •          Interest
358 Views, 0 Comments
Read Full Post

The only thing more scary than paying too high of a commission to sell your home… Is realizing that you don’t have too while getting even MORE service and support than most brokerages offer at a higher fee!

The Cascade Team Agents are Full Service. We are a real estate company like no other, because of the tools, service and savings we provide our clients with. We understand that in today’s fast paced environment, we need to provide a high level of service, utilize technology to keep our clients up to date at all times and provide added value to both buyers and sellers in the transaction. By leveraging these technological tools, it allows our agents to focus more of their time to servicing our clients, and also provide the most comprehensive

53 Views, 0 Comments
Read Full Post

  • About 45% of last year’s home sales had three bedrooms; of the condo component, about seven of every 10 condos (70.7%) had two or fewer bedrooms.
  • The median price for a 3-bedroom home ranged from $182,000 in Ferry County to $624,500 in San Juan County.
  • Of the condo sales, more than 55% were located in King County. 
  • For the new construction component involving Northwest MLS brokers, newly built condos continued to fetch higher prices than single family homes. Last year’s sales included 10,944 newly built single family homes that sold for a median price of $550,000 and 979 condos that sold for a median price of $629,950. New homes in King County commanded the highest prices: $749,950 for single family homes, while newly built condos in
1036 Views, 0 Comments
Read Full Post

What is The Ultimate Selling Experience?

Efficiency, ease and value, what every home seller is looking for when selling a home. From our retargeting and text platforms to home search with real time InRix Drive Time and automated home feedback system; the client's experience the efficiency of our technology. With our experienced and dedicated agents and supported by the most advanced technology available, you’ll quickly see the difference.

 

Staging Boost: Covering everything from staging, painting to cosmetic renovations and more; all managed through your personal Staging Boost manager, our clients experience the ease of preparing their home to sell while reaping the maximum value for their home.

 

Preparing your home for sale is

1024 Views, 0 Comments
Read Full Post

  • New listings dropped nearly 13% system-wide and 18.5% in King County.
  • Pending sales rose nearly 6.6% in the Puget Sound region
  • June and July were also lackluster this year with regard to listings

KIRKLAND, Washington (September 9, 2019) – Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County, according to market watchers who commented on the latest statistics from Northwest Multiple Listing Service.

The MLS report summarizing August activity shows less than two months of supply system-wide, and only about 1.6 months of supply in the four-county Puget Sound region. The sparse selection is pushing up

923 Views, 0 Comments
Read Full Post

Transparency in Commissions

Fact: Real estate brokers’ commission rates are not regulated in any state and are ALWAYS 100% negotiable.

When you decide to sell your house, if you are like most people, you will want to hire — or at least consider hiring — a real estate agent to handle the process.

Surprisingly, many people think that real estate brokerage commission rates are “set” in their area and they have to pay a specific percentage of the sales price to the agent in order to get their services. This is absolutely not the case.  In fact, you can pay whatever you and the agent have agreed upon.

What is a “Fair” amount to pay for real estate commission?

Many people hear the word “discount” company instead of a “traditional” company but

1036 Views, 0 Comments
Read Full Post

What's Your Home Worth? Find out now, for Free.

Let's Go