KIRKLAND, Washington (December 6, 2018) – With more plentiful inventory, recently announced increases in lending limits, and moderating prices, prospective home buyers are finding more options around Western Washington, according to industry experts from Northwest Multiple Listing Service.

  • Active Listings up 41%
  • King County inventory surging 135 percent from a year ago
  • Closed sales declined about 15.3 percent from twelve months ago

“Moderating interest rates over the past few weeks could provide a window of opportunity for buyers this month, even if the Fed is widely expected to raise them again in December,” said Mike Grady, president and COO of Coldwell Banker Bain.

“We are continuing to see a balancing of the market,” Grady…

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As we careen at warp speed from Thanksgiving, Christmas, and all of the joyous (read: stressful) festivities in between, you might be tempted to take your home off the market—or hold off on listing it—until after the new year. After all, you’re swamped with cooking, shopping, and decorating, and the last thing you need is a bunch of potential buyers traipsing through your house, right?

Wrong!

While it’s true the market is slower around the holidays, it’s also an excellent time to put your house up for sale. The market is slower mostly because fewer sellers are listing, but meanwhile buyers are sitting around with pre-approval letter in-hand just starving for inventory! 

Simply put; It’s a huge, huge mistake to either remove your home from the…

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The votes have been tallied and the winners are in. We're pleased to announce the businesses Nextdoor voted as 2018's Neighborhood Favorites!

Competing in the Home Services category: The Cascade Team Real Estate who can be found in 609 different neighborhoods around the country with over 113,000 neighbors sharing information has been selected the 2018 winner of “Best Real Estate Broker” by neighbors voting in the annual poll.

At The Cascade Team we understand first and foremost that it isn't about "Us". It's all about "You"! We are dedicated to giving each of our clients the best experience imaginable. Simply Outrageous Service isn’t just a catch phrase for us. It’s how we do business! From day one we’ll be with you every step of the…

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KIRKLAND, Washington (November 6, 2018) – Seven months of steadily rising housing inventory reversed course in October when Northwest Multiple Listing Service brokers added the fewest new listings since February, according to a new report. MLS members believe the onset of wintry weather and transition to the holiday season are factors, but suggested the slower pace also signals improving conditions for house-hunters.

“After months of inventory growth that more than quadrupled the number of homes buyers have to choose from, things got back on a seasonal track with new listings and total supply falling in October,” said Robert Wasser, a director with Northwest MLS, when comparing those metrics with September.

“Buyers are catching on to their…

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The detailed report on the market cooling came Tuesday with the monthly release of the nationwide Case-Shiller home price index. The index shows single-family home prices across the metro area fell 1.6 percent in August on a month-over-month basis, the biggest drop in the country.

See: Balance “finally returning” to housing market as buyers welcome more choices, moderating prices.

 

The most recent numbers show the median house costs $668,000 in King County, $485,000 in Snohomish County and $353,000 in Pierce County.

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Costco and the City of Issaquah reached a deal on a new 640,000-square-foot building, expected to open in 2020.

The retailer plans to add a nine-story, 620,000-square-foot office building and adjacent parking garage with about 1,650 stalls at its Issaquah campus.

The new building will mark the first construction after an agreement from a few years ago that allowed Costco to build 1.5 million square feet of new office space, and in exchange, the city and Costco agreed to partner 50/50 on nearly $50 million in new street improvements.

Costco is by far the biggest employer in the Seattle suburb. The retailer moved its headquarters to Issaquah in 1994. The new office building and parking garage at Costco’s Issaquah campus could make room for as…

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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…

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It is getting to be "That" time of year after all, so I thought we would kick things off with some "True" frightening tales from real estate professionals from around the country. You might want to think twice about reading these before heading off to an Open House though! Wahhhhhhh…….

 

Real estate professionals are a brave bunch. You walk into unfamiliar homes every day, prepared to deal with whatever lurks inside. Hopefully, the scariest thing you find is a seller’s outdated sense of style. But some properties have more insidious issues that staging can’t fix.

No strangers to haunted houses, many practitioners have real-life horror stories of dealing with creepy, ghostly circumstances in the course of their daily work. With…

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Are your sellers ready for a buyer's market?

  • Inventory increases by 22.9 percent throughout Western Washington
  • King County leads inventory gains with 78 percent year-over-year increase.
  • Buyers could choose from 19,526 listings nearly double the inventory from February of this year.

 KIRKLAND, Washington (October 4, 2018) – Housing inventory continued to improve during September
while the pace of sales slowed in many counties served by Northwest Multiple Listing Service. “Balance is
finally returning to the market, and with it, slowing home price growth,” stated OB Jacobi, president of
Windermere Real Estate.

A new report from Northwest MLS shows double-digit increases in inventory in several of the 23 counties it
serves, led by a 78…

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Over 37% Of Seattle Area Homes Take a Price Drop In Past 30 Days

In King County the number of homes for sale surged up 66% in the past year — and 86 percent just in the city of Seattle — the biggest rise in more than a decade.

Meanwhile, the share of homes with price drops has been posting year-over-year gains consistently since late March. Currently in just the past 30 days starting with September the 26th, 37.2% of Seattle area homes taken a price drop totaling the largest percentage in more than a decade for this statistic as well.

Note: “We define a price drop as a listing price reduction of more than 1 percent and less than 50 percent.”

After years of strong price growth and intense competition for homes, buyers are taking advantage…

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