The Cascade Team Blog - Selling A Home

Local Housing Market "Balanced On A Fulcrum Between Growth, Stagnation, And Decline.”

MLS director John Deely, principal managing broker at Coldwell Banker Bain in Seattle, described King County’s residential market as “balanced on a fulcrum between growth, stagnation, and decline.” New listings of single family homes (excluding condos) in King County dropped year-over-year and when compared to last month, he noted. Total active listings and pending sales both improved from a year ago, but slipped from June’s totals.

• Median price dropped 2.7%.
• Increased listing inventory from prior months put pressure on pricing,”
• Home Prices declined about 2.9% from June.

 The Cascade Team Real Estate is a 2019 Neighborhood Favorite on NextDoor! 

Northwest MLS brokers report mixed activity during July, as volume of closed sales…

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The Cascade Team Real Estate is a 2019 Neighborhood Favorite on NextDoor!

We are very happy to announce that The Cascade Team Real Estate has been named the Best Real Estate Brokerage on NextDoor for 2 years in a row! The Cascade Team can be found in 617 different neighborhoods collectively representing 133,586 Home Owners. We are very proud to be a part of the neighborhoods we represent and are very proud in the trust you place in all of our amazing agents and neighbors!

Congratulations, you're a 2019 Neighborhood Favorite! It’s official - you’re a winner and neighbors love you! Only 1% of all businesses win this award, and The Cascade Team Real Estate is one of them!

The votes have been tallied and the winners are in. We're pleased to announce the businesses Nextdoor voted as 2019's Neighborhood Favorites!

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Amazing Maple Valley Opportunity - 4 Beds for $385,000

26407 233rd Ave Se, Maple Valley, Washington

$385,000 - 4 Beds 2 Baths 1,520 Sqft

Call 425-518-9094 for details or Text 1492664 to 425-223-4655

Excellent Maple Valley opportunity! Great home with 4 BR’s, and 2 full baths on a large lot with a spacious and private back yard (very dog friendly), large upper back deck + lower small patio. Home features laminate floors, nicely sized kitchen, and wood burning fireplace. Spacious master and bath with garden tub. Home boasts new hot water heater, furnace and double pane windows. Has attached garage, laundry/doggy room with built-in dog door, and covered space for a boat or small trailer. In 4 Corners area, and close to brand new Tahoma HS, Cedar River Trail and Lake Wilderness + many amenities.…

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Foreign purchases of American homes plunge 36% as Chinese buyers flee the market

• The dollar volume of homes purchased by foreigners from April 2018 through March 2019 dropped 36% from the previous year, according to the National Association of Realtors.
• Foreigners bought 183,100 properties with a total value of about $77.9 billion, down from 266,800 properties valued at $121 billion a year earlier.
• “The magnitude of the decline is quite striking, implying less confidence in owning a property in the U.S.,” the Realtors’ chief economist says."

Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, caused a stunning drop in foreign demand for American homes.

The dollar volume of homes purchased by…

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Clearly We Now See That The Local Housing Market Is Moderating

• Area Home Prices Increase a Normal 3.5% YTD
• King County Prices Slightly Down
• Inventory, pending sales and prices all increased during June

Buyers getting “some relief” as key indicators point to strong summer for housing market

KIRKLAND, Washington (July 8, 2019) – Inventory, pending sales and prices all increased during June
compared to a year ago, according to the latest report from Northwest Multiple Listing Service. The same
report, which covers 23 counties in Washington state, shows year-over-year drops area-wide in both the
volume of new listings and closed sales.

“Clearly we now see that the market is moderating – that is we’re definitely moving from a ‘hypermarket’
to one where a correction is underway compared to last year,”…

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Declare Your Independence From High Commissions!

High Impact Real Estate Marketing & 1% MLS Listing Commissions For Today’s Home Sellers

The Cascade Team Real Estate is a company like no other because of the marketing, service and home seller savings we provide. We understand that in today’s real estate & home selling environment, we need to provide a high level of real estate service and wide spread marketing of the home for sale, utilize technology to keep our home seller clients in the communication loop and provide added value to both buyers and home sellers in the real estate transaction. The effective use of technology tools allows our local real estate agents to focus more of their time on servicing our clients and finding buyers for your home, all the while providing the most…

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Would you spend more to get less for anything?

Check out our new commercial for The Cascade Team running on Jack FM July 1st 2019 until August the 11th!

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You don’t have to. 

With The Cascade Team, your home will get full online exposure with focused retargeting and an interactive text platform all the while saving you thousands.

Do yourself a favor, get more for your money.  Contact The Cascade Team today @ TheCascadeTeam.com or at 425-313-4752 to learn more.

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King Count Housing Inventory Increases More Than 62%

• King Count Housing Inventory Increases More Than 62%
• Total Area Inventory Up 24.5%
• Buyers rejoiced at lower interest rates in May.
• Volume of new listings, and the number of closed sales – both showed slight gains from a year ago.

Home buyers are “better off,” but market is heating up.

KIRKLAND, Washington (June 6, 2019) – The housing market in western Washington may not be as hot as it was last spring, but it is heating up, suggested one industry leader in commenting on the latest statistics from Northwest Multiple Listing Service.

Matt Deasy, president of Windermere Real Estate/East, Inc. said his analysis of single family home sales in King County reveals 7 out of 10 properties that sold during May had 15 or fewer days on the…

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Selling Your Home? Don’t Be Left In The Dark

In today’s changing market, there’s more to a successful closing than just getting the offer accepted. Make sure you have an agent capable of guiding you from start to close!

The old school three p’s — “Plant a sign, Post on the MLS and Pray” — employed by some agents in hot markets, will not work as things begin to cool off. The adage, “You have a minute to sell your home,” beginning the moment a prospective buyer pulls up in front of a property, is no longer true.

That minute has become 10 seconds or less and happens on a buyer’s mobile device nowhere near the listing. If buyers do not like what they see, no amount of open house signs will get them into your listing — they will swipe left and move on.

This year’s market is not the same as…

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Pricing your home in today’s market

Pricing Your Property Is A Balancing Act:

On the one hand, you want to set a listing price that maximizes interest among qualified, motivated buyers who will be willing to pay top dollar for your property. Indeed, such buyers will ultimately determine your property's top market value.

On the other hand, you do not want to set a listing price that attracts a lot of buyer prospects, but sets the stage for negotiations that result in your getting less than what your property is really worth.

Your Home's Actual Market Value

In a perfect world, your home's value would be everything you think and need it to be. However, simply put, your home's value is not determined by you, but by what the market is willing to pay for it at a given time. These…

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