Learn about local real estate and housing market trends from The Cascade Team Real Estate.

Here are a few reasons why: Now is the time to sell.

Here are just a few reason why 2016 is the time to sell!  Homeowners are sitting on gold mines these days and many do not even realize it.  Since the market has bounced back many homeowners are sitting on equity.  With low inventory homes are selling in record time!  The only downfall is the lack of homes available on the market.

NOW IS THE TIME TO SELL.  You will have much more buying power for your next property.  If you wish to upgrade now is the time.  As prices continue to rise through the peak sales month of April through July now is time to take advantage. Selling and buying NOW can not only result in you getting top dollar for your current home.... BUT the new home you purchase may see…

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We’re in for another crazy spring real estate market! KIRKLAND, Washington (March 7, 2016) – Home prices in King County hit new highs in February as buyers tried to outbid each other for the sparse inventory in much of Western Washington.

Current levels of inventory translate to 2.4 months of supply, well below the four-to-six months that industry experts use to indicate a balanced market. In the four-county Puget Sound region, supply is hovering near or below two months, with King County having the lowest level at only 1.3 months of supply. Snohomish County reported about 1.5 months, Pierce had slightly more than 2.1 months, and Kitsap County was at about 2.3 months.

With the number of single family homes for sale in King County down nearly 30…

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Join us on Saturday, May 14th for our Annual Open House Treasure Hunt!

Visit 5 open houses and you will be entered to win over $200,000 in Cash & Prizes!



Some of the prizes from last year's event include:



We hope to see you there!


If you have questions about the Open House Treasure Hunt or want to participate, just give us a call at 425-313-4752

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Northwest MLS brokers say home buyer frustration builds as inventory shrinks, prices rise

KIRKLAND, Washington (March 7, 2016) – Home prices in King County hit new highs in February as buyers tried to outbid each other for the sparse inventory in much of Western Washington.

"We’re in for another crazy spring real estate market," predicts J. Lennox Scott, chairman and CEO of John L. Scott, Inc.

With the number of single family homes for sale in King County down nearly 30 percent from a year ago, prices on last month’s sales surged 19.8 percent, jumping from $429,900 to $514,975. Ten other counties in the 23-county area served by Northwest Multiple Listing Service also reported double-digit price gains for single family homes that sold last month,…

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Get Your FREE Home Value Report

* Not a Guess or “Zestimate” * Actual Active Market Data * Selling vs. Asking Price * Current Active Listings * Actual Sold Prices * Days on Market * See Inventory Levels * Price Trends * FREE To Your Inbox Every Month!

Home prices are skyrocketing in the area with some areas increasing from 8% to 16% over the past 12 months. Bidding wars are now the norm, and homes selling well over asking price are common! If you have not done an accurate check of your homes value in the past year, our FREE On-Line Home Value Analysis tool allows you to see exactly what your home value is doing.It’s not a guess or Zestimate like Zillow. These are actual Sold, Pending and Active prices. You can also see what home inventory levels…

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Please join us next Wednesday for our Open House Treasure Hunt kickoff party!

The party will take place at Blakely Hall in the Issaquah Highlands, and we are giving away a ton of prizes!!

 

We have gift cards to Bed Bath and Beyond, Lowe's, Regal, Starbucks, Red Robin and Panera bread.  We are giving away Captain Morgan, Cannon Blast and Kraken rum too!

You'll also get to see Cary dressed up like a pirate!

Please let Allison@thecascadeteam.com know if you can attend!  

Join us to discuss the Open House Treasure Hunt, Project Crayon Drive, win prizes and get a sneak peak of our new Geofencing platform!


 
This year, we have really stepped up our marketing efforts when it comes to the Treasure Hunt and Project Crayon Drive.

Join Our…

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The Names of the agents have been withheld to protect their privacy and that of their clients and in some cases "The Guilty Parties".  

Doing the Jitterbug

My clients and I were coming in from the backyard of a listing when something darted up my pant leg. I started screaming and jumping around like a crazy person, and my clients were obviously alarmed. Whatever was in there kept jumping higher and higher, and all I could think was, “I have to get these pants off! Am I really going to take my pants off with clients here?”

I bolted into the master bedroom, and my clients followed behind. Now they were screaming as loudly as I was. I dashed into the master closet and slammed the door behind me. Still squealing, I ripped my pants…

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Homeowner’s Net Worth is 45x Greater Than a Renter's | Keeping Current Matters

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

In a Forbes article the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater.

The graph below demonstrates the results of the last two Federal Reserve studies and Yun’s prediction:

Put Your Housing Cost to Work For You

Simply put, homeownership is a form of ‘forced savings’. Every time you pay your mortgage you are contributing to your net worth

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By Joanna Kresge

There are between 3,500 and 4,000 home-based businesses in the 50,000-resident city. “It really is the American dream,” said Deb Sogge, executive director of the chamber. “Our home-based businesses are very eclectic and very interesting. We just have a lot of entrepreneurs here in Sammamish.”


Sammamish’s residential businesses include an Etsy store selling abstract paintings (Betty Krause Art) and an in-home wine cellar complete with tasting room (Fivash Cellars). Sogge said Sammamish’s proximity to large tech companies means the city boasts a high population of college educated, tech-savvy citizens (more than 70 percent of residents have at least a bachelor’s degree), which contributes to the quality of Sammamish’s home…

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No matter if you are buying a home in this competitive market or looking to sell, The Cascade Team has you covered. From “Smart Search” which learns with you as your browse for homes to our PRIME Marketing program designed to stimulate high interest and multiple offers we have the information, technology solution and personal service designed to take your real estate experience to the next level!

School and community information is just as important as the right number of beds and baths when looking for a home and The Cascade Team has you covered. It's so important that we built school and community reports right into every listed property at our website.

For schools, we show you which ones are nearby and even how much they spend per student. 

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