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Fannie: The Economy Underperforms

Economic growth was weaker than expected in the second quarter and that's prompted a less optimistic outlook for the remainder of the year, according to Fannie Mae's Economic & Strategic Research Group.

Continued headwinds from a strong dollar and renewed drops in crude oil prices are expected to continue to pose economic challenges in the latest quarter, Fannie Mae economists note. But the housing market is expected to contribute to more growth this year in the economy. The main housing indicators are all well-above year-ago levels year-over-year.

"While consumer spending growth picked up as we expected in the second quarter of this year, other components disappointed," says Doug Duncan, Fannie Mae chief…

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WalletHub: 13 Best Places to Retire

WalletHub recently compared 24 key metrics in 150 of the largest U.S. cities to find the most retirement-friendly hotspots. The data sets they used ranged from measuring the cost of living and recreational activities to the percentage of the elderly population.

The following cities topped WalletHub's list of the most retirement-friendly places:
1.Tampa, Fla.
2.Scottsdale, Ariz.
3.Boise, Idaho
4.Cape Coral, Fla.
5.Orlando, Fla.
6.Sioux Falls, S.D.
7.Baton Rouge, La.
8.Port St. Lucie, Fla.
9.Overland Park, Kan.
10.Peoria, Ariz.
11.St. Petersburg, Fla.
12.Lincoln, Neb.
13.Springfield, Mo.
14.Amarillo, Texas
15.Pembroke Pines, Fla.

View the full rankings of the 150 cities and more about the methodology used at WalletHub.

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'Black Monday' Rattles Housing Market

 Chinese home buyers, in particular, may be more cautious in entering the U.S. housing market following Monday's massive stock market sell-off that sent stocks tumbling, according to housing analysts. The sell-off began in Beijing on Monday and sent shares plunging by record amounts across the globe. Chinese media dubbed it "Black Monday" as markets fell nearly 8.5 percent there.


In the U.S., the Dow Jones industrial average plunged more than 1,000 points just minutes after the opening bell alone on Monday. The Dow made up some ground later in the afternoon but still closed nearly 600 points in the red.

John Burns, CEO and owner of John Burns Real Estate Consulting, explained in a blog post that Chinese…

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Poor Credit? Expect Higher Insurance Bills


Home owners' credit history may have a big impact on how much they pay for home insurance, according to a new study commissioned by insuranceQuotes.com. The study examined the average impact that a credit-based insurance score has on what owners pay for home insurance.

 Owners who have a fair – or median – credit score were found to pay 32 percent more for home insurance on average than someone with stellar credit, the study found. That's up from a 29 percent increase last year.

For those with poor credit, owners' premium may rise by an average of 100 percent, the study found.

According to insuranceQuotes.com, a credit-based insurance score is different from a credit score and is comprised of…

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Is the Market Losing Some Momentum?

REALTOR® confidence over current housing conditions and their six-month outlook for single-family, townhome, and condo properties all showed a slight dip last month – indicative of a slowing housing market, according to the July 2015 REALTOR® Confidence Index, a survey of nearly 3,000 practitioners about the state of housing. Nevertheless, the index remains well-above levels from last year.

The index that measures buyer traffic slid to 62 in July while seller traffic remained below 50 due to a tight supply of homes for-sale nationwide. Any confidence index below 50 indicates that more respondents view conditions as "weak" than "strong." Properties in July also were staying on the market longer at a median of…

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Join The Cascade Team for Highlands Day This Weekend!

This Saturday, August 29th!

Join The Cascade Team for the Issaquah Highlands Day Festival!

This annual summer celebration is this Saturday, August 29th from 4PM-8PM.

Located at Blakely Hall and Village Green Park: 2550 NE Park Drive, Issaquah WA 98029

Be sure to check out our booth! We will be featuring a real live action Stormtrooper and will be giving away FREE beach balls and sunglasses!

Enjoy carnival rides, giant inflatables, food trucks and the always popular market place of business and nonprofit booths. Don’t miss the festival finale Polynesian show at sunset!

Highlands Day is FREE to attend however rides, inflatables, and some activities require ticket or activity…

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Colorado Welcomes The Cascade Team Real Estate

 

Open Interviews and Company Informational Events:

  

Boulder/Tuesday: 4845 Pearl Circle East, Suite 101: September 25th from 4:30 to 6 pm

 

Denver/Wednesday: 50 South Steel Street, Suite 250: September 26th from 4:30 to 6 pm


Contact Kent Petersmeyer: kent@TheCascadeTeam.com or 970-456-8203 to set up your appointment to learn more.

 

Here is your chance to be part of an innovative Real Estate Brokerage organization that's changed how things are done in the industry.

 

We are a FULL Service company with a comprehensive marketing plan, great training and support! Save your clients thousands on the sale of their homes, give them the support and service they…

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Here is your chance to be part of an innovative Real Estate Brokerage that's changing how things are done.

 

We are a FULL Service company with a comprehensive marketing plan, great training and support, and great agents! We save our clients thousands on the sale of their home, give them the support and service level they want, and in the process are building a name for ourselves that is second to none!

 

The Cascade Team is dedicated to help take you and your business to the Next Level!

 

We will show you step-by-step exactly how one ex-Re-Max agent came to The Cascade Team doing 5 deals a year and how he has now done 100+ transactions a year for 3 straight years. How a Windermere agent went from 6 transactions to over 120, and…

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CURRENTLY:

  • 61% Of The Cascade Team Listings are Sold in 3 Days or Less
  • 47% Receive Multiple Offers
  • Our average Seller saves over $12,000 in commissions
  • See our Web Page: http://www.thecascadeteam.com/results.php For more info!

 LOOKING TO SELL YOUR HOME 

A FULL SERVICE REAL ESTATE BROKERAGE FOR HOME SELLERS

The Cascade Team provides a full service experience that is a step above; by executing a marketing plan that is unique to your home, rich in technology and high in service.  We leverage the most innovative technological tools to provide the most exposure possible for your home to increase the communication and service to you our client.

MORE LOCAL MARKET KNOWLEDGE

Our local agents are market experts and…

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Colorado Welcomes The Cascade Team Real Estate

 

 

Here is your chance to be part of an innovative Real Estate Brokerage organization that's changed how things are done in the industry.

 

  

We are a FULL Service company with a comprehensive marketing plan, great training and support! Save your clients thousands on the sale of their homes, give them the support and service they deserve, and in the process build a name for yourself that is second to none!

 

The Cascade Team established a real estate business model that moved away from the traditional and old school ways of doing business.  We are an innovative, technology driven, high touch customer service brokerage committed to providing the best technical tools, a responsive…

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