August, 2020 RSS Icon
Found 7 entries for August, 2020.

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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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Millennials... It's what's up in the home buying arena. 

Devon Thorsby as written a well researched article titled: 10 Ways Millennials Are Changing Home Buying. This article was published some time back and recently updated at U.S. News & World Report. 

You can read this awesome article here... on continue on. 

The NAR (National Association of Realtors) defines the millennial generation as people born between 1998 and 1980... age bracket is between 32 and 40 year old. This generation is further said to make up 37% of the current pool of home buyers in the United States.

That is and phenomenal number of buyers in the home buying pool. Millennial home buyers are not to be ignored. Watch as this group of people continue to set trends and

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Sellers Are Returning to the Housing Market | MyKCM

 

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Researchat realtor.com, explains:

“Seller confidence has been improving gradually after reaching its bottom in mid-April, and now it appears to have reached an important recovery milestone…After five long months, sellers are back in the housing market; while encouraging, the improvement to new listings is only the first step in the long road to solving low inventory issues keeping many buyers at bay."

Even with the number of

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Seattle area prices rising during pandemic

The Seattle Times was out with an article with the latest on the Seattle market and how pricing is still rising during the pandemic. I found this was particularly interesting:

Homes in the King, Pierce and Snohomish tri-county area saw average year-over-year price increases of 6.8% in May, according to the new release of the S&P CoreLogic Case-Shiller Home Price Index — the sixth consecutive month Seattle-area price growth has topped national averages.

This is not surprising. We are seeing good homes in popular locations selling fast, often with multiple offers. Inventory of homes for buyers to choose from is still tight. Buyers who are ready to make a move and want to learn how to beat the

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It’s August of 2020, interest rates are at an absolute all time low - now is the time. Let’s start prepping!

If you’re like many other first time buyers - you have no idea where to start or how to prepare and that’s OK. Real Estate Brokers exist solely for that reason!

Below is a list of tips & tricks that will help you set yourself up to become a strong buyer.

1. Needs VS Wants

Before you even start looking at homes - write down a list of absolute musts (location, square footage, # of beds/ baths, etc). Reference that list when you start viewing homes so you don’t get caught up touring homes that don’t have the amenities you can’t live without.

2. Make a Budget

Set a budget that reflects your current income & debt. Don't stretch

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The Seattle Times was out with an article with the latest on the Seattle market and how pricing is still rising during the pandemic. I found this was particularly interesting:

Homes in the King, Pierce and Snohomish tri-county area saw average year-over-year price increases of 6.8% in May, according to the new release of the S&P CoreLogic Case-Shiller Home Price Index — the sixth consecutive month Seattle-area price growth has topped national averages.

This is not surprising. We are seeing good homes in popular locations selling fast, often with multiple offers. Inventory of homes for buyers to choose from is still tight. Buyers who are ready to make a move and want to learn how to beat the competition should check out our plan here.

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