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January 2019

Found 31 blog entries for January 2019.

This is a very exciting time in the market right now with the extremes we have been experiencing in home appreciation, job growth, and relocating techies driving the market with their buying power. We are expected to experience an economic slowdown according to local and national economists. However, we are not expected to see a housing crash like before; and here's why:

As recently as May 2018 our market has seen a sharp right hand turn, and all of a sudden we are now the fastest decelerating market in the U.S. according to Case-Shiller Home Price Indices; and this after experience the #1 spot leading the nation last spring. 

Seattle's booming tech industry drove the housing market into an unsustainable upward spike in home value appreciation

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Seattle Housing Market StatsWondering what the Seattle real estate trends are in your area? 

Many people have been asking the question about what will happen this year with our Seattle housing market. Here is a look at what we predict will happen as we move through 2019. As you can see from the graphs below if you are interested in selling I would encourage selling sooner than later.  I am recommending this to my clients at this time because we are seeing a slight Sellers market for these first couple of months but moving to a balanced market early spring. Once late spring hits we are looking at a serious shift in to a buyer's market starting in May where we will see a flood of inventory, price drops and closed sales under actual list price. That said, if you thinking about

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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!

 

 

 

 

 

 

 

 

 

Once you've made an offer on a home and all contingencies have been met by both parties, closing on the property becomes final. Closing costs are generally 4% of your loan amount, but this can vary. To help you get a sense of what's left to be done, here are 10 steps involved in closing the deal:
  1. Draw up a purchase offer with detailed contingencies in place
  2. Seller accepts the deal or counteroffers with contingencies and price changes of their own
  3. Submit your deposit, also known as "earnest money"
  4. Apply for your
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$345,000 - 1525 Nw 57th St (unit 329), Seattle

   Bathrooms: 1
   Sq. Footage: 510
   Year Built: 2000
   Type: Condominium
   MLS® Number: 1404784
OFFERED BY: PROPERTY DESCRIPTION:
  Jared Tadique
Managing Broker
800-509-6905 ext. 178
Schedule a Showing
Request More Info
Fantastic, accessible studio in the heart of Ballard = super convenient! Open floor plan maximizes the space and allows lots of light. Balcony with babbling fountain under. Spacious full bathroom w/ tile floors, in-unit W/D. North facing, so it doesn't bake in summer. Rare same-floor storage room, garage parking space.
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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!

 

 

 

 

 

 

 

 

 

 

  1. Review Needs/Wants: Sit down and review your needs and wants.  Priority wants, as you most likely won’t find a home that covers all of them.
  2. Assess Areas Of Interest: If schools or other amenities are important, be sure to assess those as part of your search.
  3. Setup Property Showings: Once you’ve defined your criteria and areas of interest, your Cascade Team agent will go to work showing you homes.
  4. What To Expect In The Process: The most important thing is for you to understand what to expect going through

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Welcome To The Cascade Team Paul Washington!

 

Why did you decide to join the Cascade Team?

 After meeting with a few brokers in the valley and specking to Tonya Eliason I made up my mind that this is where I wanted to work. The fact that she has been here since '97 and the people that know who she is, speak very highly of her and that  cemented my decision on working with her and The Cascade Team. I hope to have that same reputation as my career grows.

 In the mid 90's I began working in construction. I worked for a few different companies that were based here in the valley that started my interest in homes, home building and design. After a few layoffs, company changes, and my youngest daughter on the way, it was time to enter into a

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Further proof that the housing market is correcting itself in Western Washington, Seattle has been left off the list of hottest housing markets in the country.  We are moving forward into a more ballanced market with more homes on the market in Western Washington then we have seen in a while.  Its a good time to be a buyer or seller in the area.  

 

 

Check out full article below: 

https://www.geekwire.com/2019/seattle-left-off-zillows-hottest-housing-markets-ranking-real-estate-slowdown-continues/

v

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Luxury lake living on the shores of Meydenbauer Bay. This rare 3 bedroom, 2.5 bathroom waterfront oasis is just a short distance from vibrant downtown Bellevue and Main Street. Impeccably remodeled, top floor, end-unit. Open, contemporary design with vaulted ceilings and designer touches like a reclaimed wood feature wall, floor-to-ceiling tiled fireplace mantle and barn door.

Kitchen is thoughtfully laid-out to have everything at your fingertips, custom walnut cabinetry, Bosch stainless steel appliances, quartz counters.

Awaken to lake views in your peaceful master bedroom with walk-in closet and en-suite bath with huge shower; second en-suite bath and 3rd hall bath give you and your guests ultimate privacy and convenience.

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Luxury lake living on the shores of Meydenbauer Bay. This rare 3 bedroom, 2.5 bathroom waterfront oasis is just a short distance from vibrant downtown Bellevue and Main Street. Impeccably remodeled, top floor, end-unit. Open, contemporary design with vaulted ceilings and designer touches like a reclaimed wood feature wall, floor-to-ceiling tiled fireplace mantle and barn door.

Kitchen is thoughtfully laid-out to have everything at your fingertips, custom walnut cabinetry, Bosch stainless steel appliances, quartz counters.

Awaken to lake views in your peaceful master bedroom with walk-in closet and en-suite bath with huge shower; second en-suite bath and 3rd hall bath give you and your guests ultimate privacy and convenience.

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Recovery Slows, but Remains Steady

It may feel as if the housing recovery is slowing to certain finality, but its overall health is still improving.  Existing home sales have been declining monthly and new homes starts have fallen flat – but year over year, the local housing market is still showing growth. As we see areawide increases in price cuts and accessibility begins to improve, the market will continue to strengthen as affordability constraints ease up, even as mortgage rates continue to rise.

The Transition to a Buyer’s Market

Surges in both mortgage rates and demand, coupled with a lack of supply, brought steady hikes in sale prices in 2018. While 2019 will continue to bring healthy growth, home value increases will stabilize, making

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