The Cascade Team Real Estate Blog

 

Despite the economic downturn and disruptions stemming from the coronavirus pandemic, Northwest MLS member-brokers reported impressive improvement from April to May on some key indicators. The volume of new listings, including single family homes and condominiums, rose 29.2% and pending sales jumped more than 44% systemwide. “The pent-up demand from homebuyers returning to the market continues to support a recovery from the weekly declines observed earlier this spring,” said Joel Kan, an MBA economist.

  • Mortgage applications to purchase a home rose 5% for the week and were a stunning 18% higher than a year ago, according to the Mortgage Bankers Association.
  • As the coronavirus outbreak was surging six weeks ago, applications by homebuyers were
384 Views, 0 Comments
Read Full Post

 

The growing trend of working remotely could untether Americans from office spaces in pricey areas and prompt them to buy homes elsewhere. Home sales in the suburbs as well as smaller, less expensive cities could see a boost that continues beyond pre-pandemic levels, The Wall Street Journal reports.

Some tech companies, including Facebook, Twitter, and Square, have already announced that they will allow select employees to work remotely full time. They expect half of their workforce to work remotely within five to 10 years. Facebook CEO Mark Zuckerberg says that about 75% of his employees have already expressed an interest in moving to a different city if they could work remotely.

The insurance company Nationwide, based in Columbus, Ohio,

252 Views, 0 Comments
Read Full Post

a house that is parked on the side of a building: What's happening with home prices? It's not clear

Homebuyers who are emerging from their COVID-19 cocooning are likely to encounter bargain rack mortgage rates for the forseeable future. But it's less clear what they'll find when they look at home prices. Are prices going up or down? Recent reports have been mixed and largely don't reflect the impact from the coronavirus pandemic. What's likely to happen to prices in the coming months? The forecasts are murky, too.

Here's a look at what we know — and what we don't know. 

Several reports say home prices are going up

One closely followed national survey said last week that home prices across the U.S. were up 4.4% in March, compared to a year earlier. The S&P CoreLogic Case-Shiller study also tracks prices in 20 major cities and says Phoenix

182 Views, 0 Comments
Read Full Post

Go to the Listing Now!!! 

Experience sophisticated mountain living on a 1+ acre corner lot in Easton, secluded away from the city with the convenient access to I-90, and a little over 1 hour commute to Seattle. 

Lake Kachess 1 mile away

↡ View the Virtual Tour Here ↡ 

 

This country classic estate offers an exceptional escape into the great Northwest for a truly amazing serene year-round abode where you’ll enjoy a spacious three(3) bedrooms two and a half(2.5) baths in the Main Home with two(2) bonus rooms; a separate detached 1384 Sq Ft 1 bedroom 1 bath guest house; a generous specialty 4-car tandem detached garage with two(2) massive work bays; and an additional unfinished 800+ SqFt flex space above the garage for the ultimate mountainous getaway. 

    

643 Views, 0 Comments
Read Full Post

 

·         Expert insights are painting a bright future for housing when the economy bounces back – and it will.

·         We may be facing challenging economic times today, but the housing market is poised to help the economy recover, not drag it down.

·         Connect with me, to make sure you’re informed and ready when it’s time to make your move.

With the Western Washington housing market adjusting to new ways of operating residential real estate activity around Western Washington reflected expected declines during April with the impact of the coronavirus pandemic taking its toll. However, while a new report from Northwest Multiple Listing Service shows year-over-year (YOY) drops system-wide in new listings, pending sales and

876 Views, 0 Comments
Read Full Post

·         Expert insights are painting a bright future for housing when the economy bounces back – and it will.

·         We may be facing challenging economic times today, but the housing market is poised to help the economy recover, not drag it down.

·         Connect with your trusted real estate broker from The Cascade Team today, to make sure you’re informed and ready when it’s time to make your move.

With the Western Washington housing market adjusting to new ways of operating residential real estate activity around Western Washington reflected expected declines during April with the impact of the coronavirus pandemic taking its toll. However, while a new report from Northwest Multiple Listing Service shows year-over-year (YOY) drops

514 Views, 0 Comments
Read Full Post

BREAK FREE OF CONFINEMENT!

Front exterior    

    

This Queen Anne charmer has it all!

A ‘Walkscore of 92’, this 1108 sq ft charmer offers 2bd 1.75, $3000 buyer allowance toward carpet replacement (closing costs), 1-Year Home Warranty offered, and low $350 monthly HOA dues.

 A truly unique opportunity to enjoy one of one of Seattle’s ‘most picturesque’ vibrant neighborhoods from your oversized fully fenced yard!

 

Take the Virtual Tour TODAY! 

Click for 'Virtual Tour'!

 

Home Sweet Home

A convenient ground floor exterior entry greets you on the corner of 5th Ave W & W Crockett St. A custom chandelier adorns the cozy entry as you make your way up the staircase and expand to a perfectly inviting top floor corner unit living space.

2335 Views, 0 Comments
Read Full Post