January, 2021 RSS Icon
Found 22 entries for January, 2021.

 

You choose how you approach life.

By choosing to be proactive, you will significantly impact the life you will have. If you’re proactive, you focus on preparing. If you’re reactive, you end up focusing on repairing. Most of us have high hopes of accomplishing something important in life, perhaps creating some sort of legacy or establishing new and better ways of doing things

Unfortunately, most of us believe that we’re so busy handling day-to-day issues that there never seems to be time for anything else—let alone anything extraordinary. When it comes to getting things done, all day long you’re either in a Reactive mode or a Proactive mode.

The Reactive Mode

The Reactive mode is when you react to situations that occur and are

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Due to unforeseen circumstances, including construction delays caused by necessary third-party utility relocations and inclement weather, the City of Sammamish's Public Works Department has determined the road opening by end of January is not feasible.

The City of Sammamish has looked at options to hasten the construction or partial openings but has determined in an abundance of caution that these options are not safe nor realistic due to weather events and fiscal constraints.

Upon reviewing the contractor's updated and current schedule, and the status of utility relocations, the bridge and roadway are now scheduled to be opened to traffic on May 1, 2021.

We understand this inconvenience and thank you for your continued patience as we work to

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Certainly exacerbated by the pandemic, this housing crisis is all about one thing: supply

A harbinger of the 2021 market is tight listing inventory, low interest rates, and high buyer demand continuing to drive momentum.

“Insatiable buyer demand” is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for the end of 2020 showed strong activity throughout the holiday season with double-digit increases in new listings, pending sales, closed sales, and prices.

Measured by months of inventory, there is only about two weeks of supply (0.53 months) overall. Only five counties had more than a month of supply, well below the

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With great joy, we all rang in the new year and said goodbye to 2020. What now? Where is the real estate market now and what can we expect in 2021?

We ended the year HOT and it doesn't seem to be slowing down anytime soon. In order to have an idea of where we are going, let's see where we were at the end of 2020.

Sammamish saw median sale prices rise 11.8% in 2020 and the average sale in our beautiful city was $1,090,000. On average, Sammamish homes are only on the market for 6 days!! Have you checked the value of your home recently? How much equity have you gained in your home?

At the end of 2020 there was only slightly more than a two-week supply of homes on the market! 

With the mortgage rates staying so low, there is no slowing in sight.

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Aurora Home for Sale in Southshore 80016 | MLS #5422010

Check out this great new listing at 26734 E. Peakview Place in Aurora 80016. For more information, call 720.600.2182 or visit http://5422010.thecascadeteam.com/ to learn more about this great five bedroom 3 bath property.  For more information, contact Doug young real estate broker at 623.210.0902.

26734 E Peakview Place Aurora CO 80016

Be sure to check out this beautiful ranch style home located in the Southshore Master Planned Community. This 5 bedroom, 3 bathroom home, includes a 3 car garage and is steps away from the Aurora reservoir where you can get out and enjoy paddle boarding, fishing, biking and more. The home is located on a quiet street, across from a park, with open space

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The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.

According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong. That’s not the case, however, on the supply side. Seller traffic is simply not keeping up. Here’s a breakdown by state:

As the maps show, buyer traffic is high, but seller traffic is low. With so few homes for sale right now, record-low inventory is creating a mismatch between supply and demand.

NAR also just reported that the actual

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Check out Jennifer'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!

 

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A Record Setting Year For Denver Real Estate and Home Sales

2020 was a record-setting year. Brokers wrote more contracts on listings, sending them to the pending status, and more homes closed than any year on record.  The number of new listings that hit the market did not keep pace with demand, which made inventory a challenge throughout the year. Highlights for January – December 2020 Strong demand kept prices high with median and average closed prices reaching-time highs. Half of all homes closed sold $450,000 or more.  Contracts were written on homes quickly in 2020. The median number of days a home was available for sale in the MLS was 7, which means half of homes for sale were off the market in a week or less.

The number of listings that closed

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This is the real estate climate we're currently living in—and it has everything to do with the COVID-19 pandemic.

The COVID-19 pandemic has had a major impact on the real estate industry, and as a result, many parts of the country are experiencing what is known as a seller's market. The pandemic caused everyone to reevaluate where they're being quarantined.  Take the simple fact that a home is no longer a home, the home is now a workplace as well. It's also a school. And that really has gotten a lot of people in a position where they've decided to pull the trigger and change the condition that they live in.

"Simply put, a seller's market is a marketplace in which sellers have a competitive advantage due to pent-up buyer demand and low home

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The United States real estate market has been fairly turbulent over the last several months. This — of course — has been due in large part to the cross-market uncertainty wrought by the COVID-19 pandemic. Young families, retirees, and early career professionals have abandoned their NYC and LA apartments in favor of more land and lower purchase prices. This migration — which began before the crisis due to skyrocketing rent prices — has exploded as more Americans shift to remote work. Holds on evictions and stay at home orders across the country have also contributed to this change. They have highlighted the housing crisis in large cities — leaving many renters, landlords, and property investors in the lurch. Follow below to learn more about how COVID-19

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