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All Blog Entries by Cary W Porter

Found 422 blog entries published by Cary W Porter.

Today was the 1st day of classes for the "New Market Reality" course. Thank you to everyone who could attend and I'm looking forward to seeing everyone signed up for tomorrow as well!

Not that long ago, real estate agents were in the business of providing information. In fact, you can probably remember a time when all real estate professionals did—the only value we thought we had—was giving information.

What’s for sale, what’s on the market, what’s the pricing of similar homes, etc.

Back then, to protect our value, we locked away this information in a fortress called the MLS. If any person outside of the real estate business tried to reach into our fortress and grab a slice of that data, we were trained, like guardians outside the gates, to

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Local Real Estate Listings & Community Info

Everything you need to know about the Eastside real estate market is right here. Be sure to check out the Eastside home for sale stats and the local listings available below. The numbers shown include both condos and single family homes, so you'll get a better idea of what the market is doing. Located on the east side of Lake Washington, the Seattle Eastside encompasses everything from Bothell to Newcastle and Bellevue to North Bend.

Eastside Community & School Info

Homes for Sale 

Below are the numbers for Issaquah, Sammamish, Bellevue and Snoqualmie. Each has seen steady double digit price growth for the past 3 years. Sammamish and Bellevue residents have seen approximately a $200,000 increase

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The Cascade Team Real Estate is expanding into the Portland/Vancouver area and we're looking for dynamic Managing Brokers and Broker/Agents.

As a Managing Broker you are provided with industry leading tools, training and support to help recruit new agents and prepare them for maximum success. The Cascade Team provides FULL marketing support which you can view HERE along with proprietary back-office lead management and lead generation systems are second to none, and we do more to help promote and sell homes than any other brokerage out there. You need a Managing Brokers License, and good understanding of technology, and to be skilled at managing and leading a real estate team. 

The Cascade Team is a brokerage built to support our agents,

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KIRKLAND, Washington (January 5, 2018) – The year 2017 may be in the books and for many members
of Northwest Multiple Listing Service it was a memorable one with December’s activity being no
exception. Brokers reported historic lows for inventory and year-over-year price gains in most areas.

  1. Historic lows for inventory
  2. Inventory down 19 percent
  3. Lowest level of homes for sale in a decade
  4. King County prices up nearly 16%
  5. System wide prices up 11.4%

“I’ve never seen inventory this low in Kitsap County in 27 years,” remarked Northwest MLS director
Frank Wilson, branch managing broker at John L. Scott Real Estate in Poulsbo. That county’s number of
active listings last month plunged nearly 40 percent from year-ago levels.

At month

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Establishing purpose, fearlessness, and determination.

When you look at businesses across the real estate industry, you see the ones that succeed all share a common trait: they have purpose. The idea of establishing purpose is absolutely critical to any entrepreneur’s journey if they plan to grow their business. Without knowing what you want and why you want it, you can’t formulate the goals you need to achieve in order to succeed.

Courage is refined, renewed and revealed in ordinary everyday living. Courage is never the preserve of the heroes or the powerful. The choice to choose courage for daily living is life-altering. How about choosing the word “courage” as your daily word for 2018?

Now is the time to start setting the “Table” for your

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If there’s one thing most early forecasters agree on, it’s that home prices will continue to rise. Where they differ however, is how much they will rise.

The median price of a home across the Seattle metro area has now soared 80 percent since bottoming out five years ago, and its up 20 percent over the old pre-bubble peak a decade ago.

As Seattle marks a full year as America’s hottest housing market, with no end in sight, recent predictions from housing analysts suggest that the Seattle real estate market could continue to outpace the nation well into 2018, in terms of home price appreciation.

 

Seattle is now a full year into its reign as the hottest housing market in the country, an unusually long surge that doesn’t look likely to end

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The Following is from Ed Irwin a Broker here at The Cascade Team:

Nice summary. One question for you: the way the article is written (and, who knows, perhaps the law itself) it states While homeowners could, up until now, deduct interest on a home loan of up to $1 million, that cap will be lowered to $750,000 come 2018. Now if you have an existing mortgage, you don't need to worry about this change, but if you're applying for a new home loan in 2018, you should know about the impending cap.

 

It states the homeowners can deduct interest on a home loan of up to $750k. 

 

What if a person gets a new mortgage of $800k. Does that mean that interest on that loan is not deductible at all, or is 75/80ths of that interest deductible? 

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First of all I want to make it clear that this blog is intentionally working to be nonpolitical and non-partisan. We're just going to directly state the changes to the current tax policy, how they are projected to affect the average home owner or buyer and of course those of us in the Real Estate profession. And while countless Americans will be impacted by the new laws, both for better and for worse, homeowners in particular will see a number of key changes take effect in the very near future. If you own property, here's what you can expect. 

At the bottom of the page is a little more detail on three of the most important changes and how they affect Real Estate Transactions and Buyers and Sellers:

Increased standard deduction: The standard

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If winterizing your home is a foreign term to you, we are happy to share a little expert advice. The Winter Equinox is a good time of year to start thinking about preparing your home for winter, because as temperatures begin to dip, your home will require maintenance to keep it in tip-top shape through the winter. By focusing on upgrading and maintaining items that keep the cold air out and make your heating more efficient, the following winterizing tips are able to both decrease cold weather utility bills and make your home a cozier, more comfortable place to be in!

1) Furnace Inspection

 

·        Call an HVAC professional to inspect your furnace and clean ducts.

 

·        Stock up on furnace filters and change them monthly.

 

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May The Home Selling Force Be With You!

Leveraging The Latest In Real Estate Marketing Technology

A solid real estate marketing plan is very important. It takes more than a MLS listing, sign, some paper flyers, and an open house to sell your home in today’s market. Make sure your real estate agent has real leading edge housing market intelligence. Our leading edge marketing plan is designed to sell your house as quickly as possible.

Likability is a powerful force to get prospects and your peers to trust you more. Deceit isn’t behind the following tricks to make you more likable, recently featured at Forbes.com, but a few traits to keep in mind that can unconsciously influence others to see you in a new light. Here are a few:

1. Use

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