The Cascade Team Real Estate Blog

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Early Spring Brings Bumper Crop of Homebuyers Who Face Inventory Drought  

Brokers around the Northwest MLS service area are clamoring for listings:

  1. "Hopefully, more potential sellers will seize this market window of opportunity as a good time to sell before the regional real estate market does finally start to level out and take a breath; which it will eventually." -- Gary O’Leyar, Berkshire Hathaway HomeService Signature Properties.
  2. "We desperately need inventory. Potential sellers of all shapes, sizes, price ranges and locations should be contacting their brokers and jumping off the proverbial fence." -- Diedre Haines, Coldwell Banker Bain.
  3. "Sellers haven’t experienced a market this favorable since those frothy days (of 10 years
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Early Spring Brings Bumper Crop of Homebuyers Who Face Inventory Drought  

Brokers around the Northwest MLS service area are clamoring for listings:

  1.  "Hopefully, more potential sellers will seize this market window of opportunity as a good time to sell before the regional real estate market does finally start to level out and take a breath; which it will eventually." -- Gary O’Leyar, Berkshire Hathaway HomeService Signature Properties.
  2.  "We desperately need inventory. Potential sellers of all shapes, sizes, price ranges and locations should be contacting their brokers and jumping off the proverbial fence." -- Diedre Haines, Coldwell Banker Bain.
  3.  "Sellers haven’t experienced a market this favorable since those frothy days (of 10 years
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3D Virtual Tour Showcase

The Cascade Team is happy to announce its new 3D Walkthrough Showcase and these very exciting new enhancements. 3D Walkthrough Showcase Tours are available for every Cascade Team listed property. We use Matterport's 3D technology and cloud service to create a one-of-a-kind 3D Virtual Tour Showcase.

Engage buyers. Delight sellers:

The Cascade Team 3D Showcase is the most realistic, immersive way to experience a property online.

Ultimate Experience: Any Time, Anywhere

The Cascade Team 3D Showcase™ is an online experience that lets home buyers move through a property and see it from any angle. Even get a completely unique sense for the place with our “dollhouse” view.

Real Emotion

Image galleries,

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Homeowners really love the "do it yourself" route. In fact, 83 percent of homeowners in 2009 were eager to try their hand at their own home improvements, according to an Angie's List survey. While many small home improvement projects are simply made to be done yourself -- interior painting and faucet replacement come to mind -- there are others that test your skills, knowledge and patience.

These rookie mistakes can lead to serious frustration for homeowners, and at worst, serious injury. Here are the most common mistakes and how to avoid them:

Getting in way too deep
It's just a small project, right? How difficult can it really be? Besides, the YouTube video made it look easy! But soon that weekend job has turned into a month-long nightmare, and

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Selling a home is a seller's market is far different from selling a home in a buyer's market. If you are wondering about our current market, then let me assure you: It is indeed a fabulous time to sell! Not only will your days on market be remarkably fewer in a sellers’ market, but you might receive multiple offers, which could drive up the sales price.

It's generally a good idea to take advantage of pent-up demand because it's the demand that drives competition. The larger number of buyers for your home ought to increase the odds you'll make more money. Some homes, especially those referred to as unique homes, meaning homes that can be difficult to sell in any real estate market, will generally stand a better chance of selling as well in a

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Prices are on the way up and homes are selling quickly with inventory down over 60% in many areas from Seattle to San Diego and Arizona. Sammamish, WA for example; has a 61% drop in inventory over the past year. While new homes are coming on the market daily and even greater number are getting offers and going Pending: meaning inventory of availiable homes still continued to shrink.

At The Cascade Team Real Estate our typical listings are on the market for an average of only 10 days, and nearly 60% are selling in 3 days or less with 42% of our listings receiving multiple offers and going ABOVE asking price!

So; how are we doing this?...... We built A Better Mouse Trap to Sell Your Home!

Why pay 2% more for one of "Those Over-Priced

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So you want to sell your existing home andbuy another? Perhaps you just want to rent and invest your profit? Whatever your reason, you may be surprised to discover that the media spin about a 'great recovery' is just that---spin. In the past 6 months Ive spoken to 5 couples who thought they had a large equity because the news papers reported prices increasing. Two of the couples came into my open home, fell in love with it and wanted to make offers contingent on their current homes selling.

The other three had no new home in mind but wanted to 'buy down'. That is, the kids were gone and they didnt want the upkeep of a large home any longer.

After researching the properties I discovered that none of them had enough equity to do what they wanted! This

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Here are the top 27 cities for real estate movement, and their respective salary requirements for average transactions, Note average rates and their relationship to last year.

Pittsburgh 3.98% -0.14% $135,000 -6.90 $740.05 $31,716.32
Cleveland 4.05% -0.18% $121,200 -6.70 $746.91 $32,010.41
St Louis 4.03% -0.18% $138,400 -7.86 $777.54 $33,323.09
Cincinnati 4.09% -0.16% $138,100 -7.32 $781.32 $33,485.23
Detroit 4.18% -0.16% $135,800 -10.36 $828.83 $35,521.47
Atlanta 4.09% -0.14% $157,700 -5.85 $835.34 $35,800.11
Tampa 4.13% -0.17% $160,000 +10.34 $880.42 $37,732.20
Phoenix
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Robin Joy Savage answered my initial rental search on the Cascade Team website. She was quick, easy going and helpful when my husband and I were searching for a house. She was very responsive and attentive to our needs and questions. She was quick to call the agents for the rental homes, finding suitable homes to view. It was a pleasure working with her and I hope to again next time I move. She is someone I can trust, and most importantly, she is very knowledgeable of the King County market. I highly recommend her as an agent.    The Fosters, Bothell rental house

http://www.bellevuewashingtonrealty.com/real-estate-tips.html 

https://www.facebook.com/pages/Joy-Realty/1612190275682080

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Is this fantastic news for low capital prospective home buyers, or is it a precursor for repeating history?

Whichever it is, if you're not buying because of low funds, you may want to jump all over this. Depending on those pesky details of course.

Talk about no skin in the game! 0 down and they pay closing costs! 

 

BBVA Compass Launches No Down Payment Mortgage

Sure, Fannie and Freddie now allow LTVs as high as 97%, and the FHA only requires 3.5% down, but why stop there?

Today, BBVA Compass announced the launch of its “Home Ownership Made Easier” (HOME) loan program, which allows borrowers to snag 100% financing on a home purchase.

The bank is offering the new product as part of its pledge to put $11 billion to work to help low- and moderate-income individuals realize

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