Real Estate Brokers are "strongly confident" about the housing market's outlook over the next six months, although confidence has eased since the beginning of this spring, according to the latest confidence index, which is a monthly survey of nearly 3,000 brokers about local market conditions.
In general, Brokers continued to report "strong" local market conditions last month for single-family and townhome properties. The strong confidence is being buoyed by strong job creation, the reduction in the Federal Housing Administration's annual mortgage insurance premium rates, and the acceptance of Fannie Mae and Freddie Mac's 3 percent down payment loans. Check your home value HERE
Still, Brokers are reporting several issues with the market. The
3D is not just for big blockbusters like “Jurassic World” anymore – it’s one of the hottest new trends in real estate as well.
In a move that will likely be another boost to the use of technology in home sales, Zillow will soon let brokers link to 3D tours on their online listings. See The Cascade Team’s Sher Bowman Klug’s listing on Zillow here: http://www.zillow.com/homedetails/9421-Elm-Ave-SE-Snoqualmie-WA-98065/96654251_zpid/
If their actions are any indication, Zillow believes 3D will play a major role in the marketing of homes for sale. Just take a look at this screenshot of a property utilizing our 3D tour technology in their Zillow listing…
As you can see, Zillow has integrated the 3D tour link into their design, and
Desirable Buchan home in the heart of Trossachs Braemore neighborhood located on cul-de-sac with oversized backyard! Excellent floor plan greets you with vaulted entry, den, formal living & dining rooms. Kitchen with nook, walk-in pantry, granite slab with undermount stainless sink, double convection ovens, gas range & built-in desk. Large master su... More
KIRKLAND, Washington (July 6, 2015) – Temperatures around Western Washington were not the only thing sizzling during June. Northwest Multiple Listing Service members reported 11,453 pending sales last month, the highest volume since August 2005 when members notched 11,546 mutually accepted offers. Last month also marked the fourth consecutive month of 11,000-plus pending transactions.
Pending Sales Increase by 16%
Inventory down 19.8% Year over Year
Prices up 7.4% Area Wide
Rising prices are prompting some worries about affordability
MLS members credit first-time buyers, an influx of relocating workers, and escalating rents for part of the surge.
“First time buyers are returning to the market, but cautiously and with
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Join The Cascade Team for the Snoqualmie Ridge 4th of July Celebration and Parade! The Cascade Team Real Estate is proud to serve the Snoqualmie Ridge community and provide FREE sno-cones and give-away prizes for the 10th straight year!
The festivities start at 10:30am at Cascade View Elementary School with a parade.
Show your spirit and decorate your bikes, tricycles, skateboards, scooters, wagons, etc. in red, white, and blue and come walk or ride in the parade as it makes it way to the Community Park!
It’s a free event open to the Snoqualmie community. So grab your family, your red, white and blue – and see you at the park!
If you would like more information on the Snoqualmie Ridge 4th of July