Even though home values appreciated by nearly 30% in Trossachs over the past two years, inventory levels have continued to drop. In fact, our inventory is down 20% compared just to last year. Mortgage rates continue to remain low but are forecast to increase steadily throughout 2018 along with an approving economy. Additionally, the area as a whole is seeing a huge influx of people moving to the area pulled mainly by our robust economy and job market. All of those factors combine for what looks like another year with at least 10% price increases with a potential for that number to push closer to the 14-16% range as competition for fewer and fewer homes continue to over-heat the local real estate market.
If you're one of those homeowners who winces a little bit when the property tax bill comes in the mail -- get ready. Preliminary numbers point to a double-digit percentage increase in property taxes when the bill arrives later this month. In addition prices in King County are expected to climb by over 10% again for 2018.
King County will be higher than last year’s by an average of nearly 17 percent, Assessor John Wilson says. And the bump will cost the owner of a median-valued county home about $700, according to Wilson, who says the state’s new school-funding plan is the main reason.
He says the plan created in response to the state Supreme Court’s landmark McCleary decision will be responsible for about two-thirds of King County’s hike.
Trying to decide when to plunge into the real estate market can be quite intimidating—especially when prices are high, choices are limited, and history urges restraint.
Locally we’ve seen two or three years of what could be considered unprecedented levels of price appreciation, as well as an inventory shortage that resulted in a record-low number of homes for sale across Western Washington.
See: 2018 Real Estate Market Trends - Seattle Area Prices Continue Upward March
If there’s one thing most early forecasters agree on, it’s that home prices will continue to rise. Where they differ however, is how much they will rise.
The median price of a home across the Seattle metro area has now soared 80 percent since bottoming out five
Shane and I have certainly benefitted from the tips below! We have 3 dogs, a cat and a bunny! We all love our pets and they are part of the family, but when it comes to Selling your home, it is always best to find a "Club Med" vacation spot (i.e. a friend or a boarder) & to do your best to eliminate the scents of your pets while your home is being viewed by potential Buyers.
1. Brush your dog every day. This is especially important if you have multiple dogs like we do. You’ll be amazed how spending a short five minutes a day brushing your dog, will cut down on all that hair floating around your home. Brushing daily also gets rid of flaky skin by distributing natural oils through your dog’s coat. You’ll notice that your dog looks and smells
Spokane made National Geographic’s ‘Best Cities in the United States’ list this year.
The list of 30 “smaller” cities, compiled by the Nat Geo’s Travel magazine, identified the top U.S. small cities based on things that they think lead to happiness: coffee shops, breweries, music venues, green spaces, galleries, and “Instagrammable moments.”
A high count of record stores, tattoo parlors, vintage clothing boutiques, and coffee shops per capita boosts Washington State’s second largest city to the top of our hipster-friendly and most caffeinated lists for its population category. Bearded and flannel-wearing locals often show up at Garageland, a gastropub/vinyl store downtown (note the dugout canoe hanging over the bar). Summertime
2017 was a record year for The Issaquah Highlands. Some sections of the housing market increased by nearly 30% with the over-all price for a home increasing just under 18% for the year. Take a look at an in-depth review of The Issaquah Highlands market from the number 1 listing brokerage in the Issaquah Highlands and see where the housing market has grown, the highest priced SOLD home, the home that went the MOST over asking price, and also get an idea of what to expect in 2018.
Did you see our latest mailer? Find the answers you're looking for below!
Find Out What Your Home Is Worth?
Shane and Anne with The Cascade Team Real Estate are a Husband and Wife team like no
I’ve found very few real estate agents and brokers have ever wondered how robotics might impact real estate in the future, and I would assume that's mostly because they are working on securing the next listing or taking around a buyer or two to look at properties along with 1000's of other everyday task. So when Janet Jolly-Porter told me my blogs were getting a little boring and I needed to add a little diversity to my post, I jumped at the chance to write about: ROBOTS
As a real estate professional who wants to understand disruptive technologies, it’s time to learn about some of the basic ways automation will alter the world of real property in the near future.
The process of buying and selling your home is a long and complicated process, but thanks to Anne and Shane our experience was great. We are very pleased with the results Anne and Shane provided, including their professional service with a personal touch. It took us over a year to find our perfect home and throughout the whole process they were patient, accommodating and flexible.
Start Your Home Search Here Using Our "Smart Search" Technology
After this experience we knew we wanted to continue working with them to sell our former house. They knew the market and they provided professional advice to help us prepare for the sale. Not surprisingly, they delivered once again and sold our house after only 5 days on the market. We will
The Cascade Team Welcomes David Spicer To Our New Coeur d'Alene, Idaho Office!
We are very excited to announce the opening of The Cascade Team Coeur d'Alene, Idaho Office! David Spicer will be the Managing Broker of our new office. The office will be the offshoot of our very successful Spokane Office that just opened last year and is managed by James Faucett our Regional Designated Broker for The Cascade Team in Eastern Washington and now also in Idaho!
I look forward to helping you with what is usually one of the biggest financial decisions of a person’s life, buying and selling Real Estate. I have been helping people with their Real Estate needs for over 15 years. There are many parts to the process including, searching, comparing, pricing,