June 2020 Market Statistics

REcolorado June housing market report is showing that a robust housing market still exists in Colorado and Great Denver.  Across the state, there was nice improvement in buyer activity as COVID restrictions were reduced and buyers reentered the market.  Overall, pending home sales (homes under contract) saw significant gains as local brokers wrote an increasing number of new contracts.

Denver Metro Market Statistics

In June, the Denver Metro housing market numbers, from REcolorado, show signs of a seller's home market which is heating up, as several indicators showed year-over-increases. The total number of closed properties was 3% higher than last June and the number of Pending Listings was 28% than last year as

The key to effectively managing a single-family rental property during any economic cycle hinges on an investor’s ability to maximize their property’s value.

As the current U.S. unemployment rate hovers above Great Depression-Era levels, many property owners are having rent delinquency, leasing and management issues.

So, what can an investor do during the current economic situation to protect their asset? What immediate steps can they take to curtail delinquencies, sign new tenants and avoid long-term vacancies? 

The first step is to ensure that the property generates steady monthly rental income in the most efficient manner, even when renters are losing their jobs. Oftentimes, ensuring that a rental produces steady returns, while minimizing

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OUR LOCAL REAL ESTATE TEAM

Cascade Team Real Estate agents are proactive in serving their customers, studying the market and touring homes, so they can provide the most accurate housing market data for their clients. This helps you better understand the competitive environment, pricing strategies and provides an edge in the negotiation process.  Our goal is to always meet and exceed your expectations.  We look forward to the opportunity of working with you on your next real estate transaction.

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Issaquah-Fall City Road Bridge Construction:

Crews are widening the road from two lanes to four lanes and are improving the intersections from signalized intersections to roundabouts,” Sammamish Senior Project engineer Sam Park said. “There are going to be three roundabouts, and we’re removing a sag in the roadway by building a bridge.”

It is that bridge work that is going to cause the closure of this route that connects the Sammamish Plateau to Highway 202 and I-90. The bridge is 400 feet long. Park said the plan is to close Issaquah-Fall City Road at the end of the month, though the closure date is still in flux. This closure will last eight months.

“Everyone is going to have to find their way around it,” Park said. “We’re going to have to

With the world at our fingertips comes endless options and knowing where to start your home buying/selling journey can seem like an overwhelming task. Well, lucky for you, you found yourself here! It's no question that the process of buying or selling a home is likely to be your most important endeavor so let's make it as efficient and fun as possible.

The absolute most important thing when buying/selling a home? YOU! No matter what, your needs will always be the top priority. That is why I can promise that you can feel a sense of ease knowing that we stand behind you. Here at The Cascade Team, we offer incredible value through a combination of experienced agents, a knowledgable

The coronavirus pandemic and, especially the lockdown that has had people around the world sheltering in place, may have forever changed how we perceive “home” and what we are looking for when it comes to our little place in the world.

“The coronavirus pandemic has many Americans rethinking the kind of lifestyle they want,” said MANSION GLOBAL. “Apartment living in central, densely populated urban areas is losing its appeal as residents are subject to building restrictions and risk coming into contact with people infected by the virus.”

Real estate agents and companies across the country are reporting a heightened interest in buying homes in the suburbs. In many cases, buyers are even accelerating their purchases to get out of the city

The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer.

Despite the economic downturn and disruptions stemming from the coronavirus pandemic, Northwest MLS member-brokers reported impressive improvement from April to May on some key indicators. The volume of new listings, including single family homes and condominiums, rose 29.2% and pending sales jumped more than 44% systemwide. “The pent-up demand from homebuyers returning to the market continues to support a recovery from the weekly declines observed earlier this spring,” said Joel Kan, an MBA economist.

• Mortgage applications to purchase a home rose 5% for the week and were a stunning 18% higher than a year ago, according

Courtesy of Keeping Current Matters

Some Highlights

• The health crisis slowed the market this spring, so buyers are jumping back into the market to make their moves this summer.
• Check these 10 items off your to-do list so your house is ready to sell while buying is hot!
• Let’s connect today to prepare your house for the sizzling summer market.

Check out Giovanna's Cascade Team Profile!

OUR LOCAL REAL ESTATE TEAM

Cascade Team Real Estate agents are proactive in serving their customers, studying the market and touring homes, so they can provide the most accurate housing market data for their clients. This helps you better understand the competitive environment, pricing strategies and provides an edge in the negotiation process.  Our goal is to always meet and exceed your expectations.  We look forward to the opportunity of working with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!