The Cascade Team Real Estate Blog

There are only a few ways to get off the Sammamish Plateau, and the city is about to close one of them for the rest of the year.

Sammamish Senior Project engineer Sam Park said construction got underway in August as the contractor started widening the two-lane road. It just can’t handle the 24,000 vehicles a day that use it, and this was promised to Klahanie residents when the area was annexed.

“We’re widening the road from two lanes to four lanes, and we’re improving the intersections from signalized intersections to roundabouts,” Park said. “There are going to be three roundabouts, and we’re removing a sag in the roadway by building a bridge.”

It is that bridge work that is going to cause the closure of this route that connects the

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Courtesy of Keeping Current Matters

10 Steps to Buying a Home [INFOGRAPHIC] | MyKCM

Some Highlights:

  • If you’re thinking of buying a home and you’re not sure where to start, you’re not alone.
  • Here’s a guide with 10 simple steps to follow in the homebuying process.
  • Be sure to work with a trusted real estate professional to find out the specifics of what to do in your local area.
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As our first agent event of 2020 we're excited to invite you to join us, as well as your fellow TCT agents, at Woodinville’s Airfield Estates (Address and Map below) for an evening of wine tasting and food on Friday March 27th at 6:30pm! 

We will be paying for the wine and catering in food, so this will be a fantastic event for our agents to come mingle and unwind over some great wine! If you have any questions please reach out to Connor@thecascadeteam.com

CLICK HERE TO RSVP

Winery Address:
14450 Woodinville-Redmond Road Ste #109
Woodinville, WA 98072

CLICK HERE TO RSVP

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Great Ideas to make your home gym affordable.

Why its important to look for a new home with a garage. 

Using Facebook Marketplace could be a good idea to budget for your home gym

 

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Excited about that FHA loan because it means you can buy a home with 3.5% down? That minimal down payment is certainly an incentive. But is it your best option? It might not be, because of a little thing called mortgage insurance, which can end up being a BIG thing since it makes your monthly payments more expensive.  

First, a little primer on mortgage insurance. “Mortgage insurance protects lenders from losing money if you default on the loan,” said NerdWallet. “Most lenders require private mortgage insurance (PMI) for conventional loans when the home buyer makes a down payment of less than 20%. All FHA loans have mortgage insurance, regardless of down payment amount.”

Mortgage insurance can cost homebuyers hundreds of dollars

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 Courtesy of Keeping Current Matters

How the Housing Market Benefits with Uncertainty in the World | MyKCM

It’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020, the fund explains,

“Slowing global growth and elevated uncertainty create a fragile backdrop for markets in 2020 and beyond.”

Is there a silver lining to this cloud of doubt?

Some worry this could cause concern for the U.S. housing market. The uncertainty, however, may actually mean good news for real estate.

Mark Fleming, Chief Economist at First American, discussed the

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