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All Blog Entries by Cary W Porter

Found 455 blog entries published by Cary W Porter.

This Memorial Day in the U.S. — like every Memorial Day — we commemorate and remember those who’ve given their lives for our freedoms and our nation. “Given their lives” is really not accurate, though, as Andy Rooney noted — these soldiers died, plain and simple. They died so that in the future, our country might be safer or democracy might be nurtured in an otherwise hostile environment. They died so that great evils could be done away with in WWII (and WWI). They died so that politicians could wage endless, unwinnable wars for political ideals (Vietnam, Korea, Iraq and now Afghanistan). They died, quite simply, so that we could enjoy the freedoms we so often take for granted in our country. 

For every veteran and every active duty

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Mortgage rates are edging noticeably higher this week, and would-be home buyers and refinancing homeowners may have missed out on a chance to lock in a lower rate. 

  • The average contract rate on the 30-year fixed will likely end the day as high as 4.875 percent for the highest creditworthy borrowers and 5 percent for the average borrower.
  • Tuesday's move follows positive economic data in retail sales, suggesting that newly imposed tariffs would not hit sales as hard as expected.
  • With supply and demand so far out of whack, Mortgage Rates are unlikely to affect home prices in the near term.

Mortgage application volume for refinancing and home purchases dropped 2.7 percent last week on a seasonally adjusted week-to-week

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Looking for local information on Issaquah Highlands real estate? You've come to the right place. The community information shown below will give you a quick snapshot of what Issaquah Highlands housing market is doing. Be sure to check out the local homes for sale stats and the available properties below. The numbers shown are inclusive of condos and single family homes, so you'll have a better all round view of the market.

Good News For Home Buyers As Area Housing Inventory Increases By 14%!

Issaquah Highlands: Name Your Selling Price And We'll Bring The Buyers!

2017 was a record year for The Issaquah Highlands. Some sections of the housing market increased by nearly 30% with the over-all price for a home increasing just under 18% for

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  • Inventory increase by 14%
  • Total Homes For Sale increases to over 10,000 for first time in months
  • King, Snohomish & Kitsap Counties still under 1 months housing supply however
  • 4-6 Month Supply creates a Balanced Market

 KIRKLAND, Washington (May 7, 2018) – Home buyers may be cheered by an uptick in inventory, but the improving supply is unlikely to reverse rising prices, suggest industry leaders from Northwest Multiple Listing Service.

Commenting on just-released figures for April, which showed the highest level of active listings since August, OB Jacobi, president of Windermere Real Estate said, “For the first time in a long time we had good news for buyers.” Noting supply is still lower than year-ago levels (down 5.6 percent), it

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Home purchasers seeking to stand out in competitive housing markets should consider a mortgage professional based in the area.

Don’t discount the benefits of shopping local—even for a mortgage professional.

In tight housing markets where bidding wars are common, buyers who need financing can strengthen their offers by working with a locally based mortgage broker or loan officer, real-estate agents and lenders say. “Getting a local person helps you over certain humps—it just really does,” said Laura Hodgson, a real-estate agent with The Cascade Team , who works in The Greater Seattle Area, and keeps a list of trusted mortgage pros on her website HERE.

Agents want to work with buyers whose lenders know the local market and have a record of

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 Help us Brighten a Child's Life!

Drop Off Locations Are

April 28th
• Sammamish QFC -- 2902 228th Ave SE, Sammamish, WA 98075 – 10am to 2pm
• Klahanie QFC -- 4570 Klahanie Dr SE, Issaquah, WA 98029 – 10am to 3pm 
• Bothell QFC -- 18921 Bothell Way NE, Bothell, WA 98011 – 11am to 1pm 
• North Bend QFC -- 460 E North Bend Way, North Bend, WA 98045 – 12pm to 4pm 
• Newcastle QFC -- 6940 Coal Creek Pkwy SE, Newcastle, WA 98059 – 12pm to 4pm 
• Bellevue QFC -- 10116 NE 8th St, Bellevue, WA 98004 – 10am to 2pm
• Mill Creek QFC -- 10116 NE 8th St, Bellevue, WA 98004 – 10am to 2pm
• Snoqualmie Ridge Safeway -- 34828 SE Douglas St, Snoqualmie, WA 98065 10am to 1pm
• Issaquah Highlands Wells Fargo Bank -- 1527 Highlands Dr NE, Issaquah, WA 98029 10am to

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A basic beginner's explanation for our soaring home prices in King County: There are a lot more people searching for homes, and far fewer homes available for them to buy.

There just aren’t enough homes for sale.

The number of homes on the market is at a low point for records that date back to 2000, despite the big increase in population over that span.

King County had only about 2,000 homes (single-family and condo) for sale last month. During the average month of March over the last two decades, the region had more than 7,800 homes for sale — nearly four times as many.

You may think homeowners would want to cash out: The average homeowner across the metro area who sells today has owned the home for about 10 years and makes a 64

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Great class today at The Cascade Team main office in Issaquah. Over 30 Brokers today took the Core Curriculum class which was instructed by Larry Christensen, and which was fully paid for by The Cascade Team in order to ensure that our Brokers are always on the forefront of the ever-changing world or real estate. 

Phil Mazzaferro from Absolute Mortgage thank you for kicking off the morning with some of the biggest donuts "Janet" has ever seen and also for sharing some news on several exciting new loan programs offered by Absolute!

 

MLO-45204

Senior Mortgage Advisor
Absolute Mortgage
phil@absoluteloans.com | www.eastsideabsolute.com
Cell: (206)947.9020 | Fax: (425) 313-9858

COURSE CONTENT

Topic Area I Legislative Update
Objective 1

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For the 13th year, The Cascade Team is once again hosting Project Crayon Drive this April! For the young who find themselves at Seattle Children’s Hospital, sometimes the simple things like a coloring book and a few crayons can be as soothing as the trained staff and smiling doctors. Yet, something as simple as crayons often goes overlooked. Each year, Children’s Hospital goes through over 240,000 crayons, but each child only gets a couple to use.

And that’s where The Cascade Team — in partnership with the Children’s Hospital Guild Association and several area merchants — comes in. Throughout the month of April, agents from The Cascade Team will be walking neighborhoods and spreading the word about Project Crayon Drive.

Last year, we collected

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In Seattle — home appreciation exceeded the median household income over the past year.

  • Home values in Seattle have been appreciating more than 3.5 times faster per working hour than the cities’ minimum wage workers earn.
  • In Seattle, the typical homeowner is gaining $54.24 of equity in their home every hour they’re at the office. The city’s hourly minimum wage is $15.00.
  • The typical U.S. homeowner is gaining $7.09 of equity in their home every working hour, $0.16 less than federal minimum wage.

The rapid pace of home value appreciation over the past year may present homeowners in Seattle with an interesting dilemma: Why work a 9-5 slog, when you can sit back and collect substantial hourly home equity “earnings” instead?

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