The Cascade Team Blog - Market Conditions

What's In and Out For Mobile Real Estate Apps?

Posted by Cary W Porter on March 9th, 2017

The Cascade Team App ~ Real Estate on Your Time

Drawing Your Own Search Area

Relying On Search Algorithms

Long gone are the days of relying on your real estate agent to set up a customized search for you based on the area you are looking to purchase your future home. With The Cascade Team's new app, you can not only set up your own searches and alerts, but you can draw on your mobile phone's screen, tracing a perimeter on the search area you want! How much easier could house hunting get?!

Remove Homes & Communities

Receiving Unwanted Home Leads

Already know the area or community you are hoping to buy a home in? Be in…

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Housing Inventory Reaches Record Low/ Bidding Wars and Buyer Frustration Escalate

Posted by Cary W Porter on March 6th, 2017

KIRKLAND, March 6, 2017) – Home buyers are in a spring mood, but sellers are still hibernating, suggested one broker while commenting about the latest statistics from Northwest Multiple Listing Service. Figures for February and feedback from brokers indicate record-low inventory is spurring multiple offers, rising prices, fewer sales, and frustrated house-hunters.  

• First time on record with under 10,000 Listing System-wide
• Pending Homes outpace New Listing by nearly 5,000 Homes
• Inventory down 25% from a Year Ago

Year over-year pending sales (mutually accepted offers) declined for the first time since March 2016, falling 8.9 percent. Eight counties, including King and Snohomish, reported double-digit drops in pending sales as the…

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Introducing The New Cascade Team Apps: The Best Place To Find Your Next Home

Posted by Cary W Porter on March 3rd, 2017

The New Cascade Team Mobile App

The Cascade Team Real Estate's highly-rated real estate app for IPhone and Android allows you to search all available MLS listings of current homes for sale, so you know you're getting the best and most accurate information. Take your home search to go with the mobile app, complete with interactive maps, photos, and one-touch access to your local real estate agent. Plus, everything you do on the app syncs up with your account on www.TheCascadeTeam.com, so you always have your saved searches and homes with you and can save homes for sale that you love while you're on-the-go. 

***** "Full MLS integration on a responsive platform"
***** "Most accurate data for serious buyers/sellers"
***** "Great features and…

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Quotes to Survive the Home Search

Posted by Cary W Porter on February 28th, 2017

House hunting is fraught with frustration and challenges. Keep these quotes in mind to keep you sane.  

Crazy seller, bad plumbing, wildly competitive open houses, misleading listings, sky-high prices, and ever-escalating offers: there is a terrible lot to contend with when finding a new place to live.

But there’s also no other process that deserves your time and attention like discovering a new place to call your own. Here are seven quotes that will help keep you sane during the emotional marathon that is the home search.

“Home is the nicest word there is.” — Laura Ingalls Wilder Looking for a new home is a lot of work, but it’s important to remember that, ultimately, this needs to be a place that makes you happy.

“It is not the…

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Reveled: The Top Dates for Listing a Home

Posted by Cary W Porter on February 16th, 2017

Home listings are most often likely to debut on Thursdays and Fridays. Fridays are the most common listing day by a slight margin, according to research by the National Association of REALTORS®.

What are the most popular dates to list? Half of all new listings in 2016 were first listed between March and July, which supports that the spring season is indeed real estate’s busiest time.

The most popular month for new listings is April, followed by March, May, June, and July, according to NAR.

“While home closings exhibit a strong tendency to get done at the end of the month, listings are much steadier throughout the course of the month with a slight tendency to be posted earlier rather than later,” NAR researchers note at the Economists’…

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8 Dating Rules That Apply to Real Estate

Posted by Cary W Porter on February 14th, 2017

 

So much of our lives are online nowadays. Our social lives happen in online communities as much or more than in friends’ basements or bars. We meet people with similar interests by joining Facebook groups or following someone’s story on Snapchat. YouTube is where we learn to do almost everything, from simple home maintenance tasks to cooking dinner for the family.

Home shopping, like dating in the 21st century, almost always starts online as well. They’re both about finding the right one – and just like a matchmaker, house hunters turn to you to help them wade through the pool of eligible homes and find the one of their dreams. Here are eight ways online dating and home shopping are exactly the same and what your role is as the…

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How Buying or Selling a Home in Spring is Like Driving In Rush Hour

Posted by Cary W Porter on February 10th, 2017

by Karen Briscoe  

Key Takeaways

• There are benefits to avoiding peak real estate seasons for home sellers, like less competition. The buyers in the market are often more motivated.
• The benefits for buyers in the offseason can go the same way, because sellers are also more motivated.
• Ancillary services, like home appraisers or lenders, are more available during the offseason.

Traditionally, the spring real estate market is March through May, but in many markets it can start as early as February, around Ground Hog Day. Sometimes sales continue to be robust, and the peak selling season will stretch into June.

Lessons from rush hour

Rush hour for traffic in many metropolitan areas is from 7 to 9 a.m. and 5 to 7 p.m. Commuters…

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Stunning Issaquah Highlands Townhome: Offers Reviewed As Recieved!

Posted by Cary W Porter on February 9th, 2017

$550,000 - 884 3rd Ave NE, Issaquah    Bedrooms: 3    Bathrooms: 2.25    Sq. Footage: 1,707    Year Built: 2011    Garage Spaces: 2    Type: Townhouse / Condo    MLS® Number: 1076532

OFFERED BY: PROPERTY DESCRIPTION:   Cary W Porter Designated Broker & Owner 425.891.7447 Schedule a Showing Request More Info Seller is reviewing offers as they come in so don't wait! 3 Bedrooms w/ 2 Car Garage in The Highlands will go fast!!!... Welcome to Highlands Square at The Issaquah Highlands. Stunning 3 bedroom, 2.25 bath, 2 car garage Dream Home. Slab granite and Stainless…

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Western Wa Housing Report| “High Velocity” Market, But With Hope for Homebuyers

Posted by Cary W Porter on February 7th, 2017

  KIRKLAND, Washington (Feb. 6, 2017) – Western Washington’s “high velocity” market continued during January with the number of pending sales (7,745) outgaining the number of new listings (6,507), according to new figures from Northwest Multiple Listing Service.  

• Properties are moving through the market at an unusually fast pace
• Active Listings Decline By 21%
• If home buyers were hoping that January would start to bring more balance to the housing market, they’re going to be sorely disappointed.
• Prices up another 9%

“Properties are moving through the market at an unusually fast pace,” remarked John Deely, chairman of the board at Northwest MLS and the principal managing broker at Coldwell Banker Bain. “Although we have…

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2 Feet of Snow Doesn't Cool This Housing Market!

Posted by Cary W Porter on February 6th, 2017

  In spite of the record snowfall from Seattle to Spokane and down to Portland our markets have been amazingly HOT.. (And that certainly doesn’t leave Arizona out, which even though use to the warm temperatures is also setting records for the number of transactions this early in the year!) Just last week we had 16 new listings which is a RECORD for the last week of January 1st half week of February. It is wonderful seeing many of you getting out there and spreading the word. At The Cascade Team we have so much more to offer than other brokerages in this crazy market, and with homes flying off the market in only a day with as many as 30 offers our value proposition is just enormous.   “The greater Seattle area saw the fifth highest average…

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