Buying A Home

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Several new underwriting guidelines for FHA Loans will go into effect on September 14, 2015, with the release of the updated FHA Handbook. Be sure your mortgage lender is preparing for these changes.  Here are a few of the most significant revisions being made.
  Current FHA Guideline New FHA Guideline
Gift funds Only a canceled check is required as documentation. The donor’s bank statement showing the withdrawal of funds will be required, and any large cash deposits in the donor’s account will need to be explained.
Family members Definition of family member limited to spouse, children, parents/grandparents, siblings, aunts, and uncles. New definition of who qualifies as a
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The Cascade Team is proud to announce that we are expanding to the Colorado Market!

We are opening two offices in Colorado!  Our company footprint has expanded once again, and we are very excited to share the news.

Our new offices, managed by Kent Petersmeyer, will be located in Denver and Vail, Colorado.

Kent Petersmeyer

  • Phone: 970-456-8203
  • Email:  Kent@thecascadeteam.com

Kent has a 22 year track record in the residential real estate industry.  He has gained a wealth of experience from assignments in Arizona, Utah, California, Florida, Washington and Colorado.  While is Washington, he worked as a broker at The Cascade Team.  Kent and his wife relocated to Colorado in early 2014 and decided to expand The Cascade Team to

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KIRKLAND, Washington (August 5, 2015) – Pent-up demand continues to fuel home sales around Western Washington with millennials, military families and relocating workers vying for limited inventory. Brokers from Northwest Multiple Listing Service say they’re not seeing a typical summer slowdown. 

  • Current Real Estate market described as a “vicious cycle,”
  • “Fear of not finding the right home before selling is creating reluctance by owners to list their property,”
  • Prices up another 6.4%
  • Sales increase by 19.6% far outpacing new listings.
  • Inventory 1/3 of what's needed for a "Normal or Stabile" market 

Commenting on a new report from Northwest Multiple Listing Services summarizing July activity, J. Lennox Scott, chairman and CEO of

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Currently:

  • 61% Of The Cascade Team Listings are Sold in 3 Days or Less
  • 47% Recieve Multiple Offers
  • Our average Seller saves over $12,000 in commissions

The Cascade Team Real Estate is a company like no other, because of these tools and marketing we provide our home sellers. We understand that in today’s ever changing real estate market, home sellers expect a high level of real estate agent service. Therefore we utilize technology to keep our home selling clients up to date at all times and provide added value to both home buyers and sellers in the real estate transaction. The effective use of these tech tools allow our local Seattle area agents to focus more of their time on servicing our clients and getting their home sold, while

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Real Estate Brokers are "strongly confident" about the housing market's outlook over the next six months, although confidence has eased since the beginning of this spring, according to the latest confidence index, which is a monthly survey of nearly 3,000 brokers about local market conditions.  

In general, Brokers continued to report "strong" local market conditions last month for single-family and townhome properties. The strong confidence is being buoyed by strong job creation, the reduction in the Federal Housing Administration's annual mortgage insurance premium rates, and the acceptance of Fannie Mae and Freddie Mac's 3 percent down payment loans. Check your home value HERE

Still, Brokers are reporting several issues with the market. The

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$450,000 - 1958 18th Ave NE , Issaquah

   Bedrooms: 3
   Bathrooms: 1.75
   Sq. Footage: 1,749
   Year Built: 2003
   Garage Spaces: 1
   Type: Townhouse / Condo
   MLS® Number: 824069
OFFERED BY: PROPERTY DESCRIPTION:
  Matt Jensen
Branch Manager - Issaquah Highlands Office
206.909.8200
Schedule a Showing
Request More Info
For details contact Matt Jensen at 206-909-8200. Stylish chic upscale contemporary VIEW townhome with great westerly views of city, mountains & sunsets! Light & bright open & flowing floor plan, spacious kitchen with gas range, open great-room
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$499,000 - 500 SE 8th Street, North Bend

   Bedrooms: 3
   Bathrooms: 2.5
   Sq. Footage: 2,430
   Year Built: 1997
   Garage Spaces: 3
   Type: Residential
   MLS® Number: 823962
OFFERED BY: PROPERTY DESCRIPTION:
  Linda McFarlane
Managing Broker of The Cascade Team North Bend
206.854.1008
Schedule a Showing
Request More Info
For details contact Linda McFarlane at 206.854.1008. What a lucky find! This lovely home is surrounded by Cascade Mountain view including the picturesque Mt Si. This home is located in one of the most popular neighborhoods, Si View. Popular
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$875,000 - 23919 SE 8th Pl, Sammamish

   Bedrooms: 5
   Bathrooms: 3.5
   Sq. Footage: 3,640
   Year Built: 2000
   Garage Spaces: 3
   Type: Residential
   MLS® Number: 823864
OFFERED BY: PROPERTY DESCRIPTION:
  Marisa Ormando
Real Estate Broker
425.445.9616
Schedule a Showing
Request More Info
For details contact Marisa Ormando at 425.445.9616. Previous model home boasts vaulted entry, wood flooring with formal Living room and Dining room. This 5 bedroom, 3.5 bath home has designer interior paint, crown molding, wainscot, and extensive millwork throughout.
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$325,000 - 45517 SE 150th Street, North Bend

   Bedrooms: 3
   Bathrooms: 1
   Sq. Footage: 1,672
   Year Built: 1977
   Type: Residential
   MLS® Number: 823920
OFFERED BY: PROPERTY DESCRIPTION:
  Karen Derwin
Real Estate Broker
425-785-0587
Schedule a Showing
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For details contact Karen Derwin at 425-785-0587. Adorable rambler complete with non-flooding creek in the back. Beautiful kitchen with granite counters, farmers sink with pullout faucet and new Canyon Creek cabinets with soft close. Local company easy to match. Kitchen open to family room. All
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$585,000 - 9503 Raines Ave SE, Snoqualmie

   Bedrooms: 5
   Bathrooms: 3
   Sq. Footage: 2,572
   Year Built: 2012
   Garage Spaces: 3
   Type: Residential
   MLS® Number: 823897
OFFERED BY: PROPERTY DESCRIPTION:
  Diego J Vitelli
Managing Broker/Property Manager
206.529.7728
Schedule a Showing
Request More Info
For details, contact Diego J. Vitelli at 206.529.7728. An absolute gem in the beautiful Snoqualmie Ridge that has everything you could want! This perfect sized home has 2572 sq ft with 5 spacious rooms and 3 Full Baths. The rare 5th bed on the main w full
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