Mortgage rates are edging noticeably higher this week, and would-be home buyers and refinancing homeowners may have missed out on a chance to lock in a lower rate.
The average contract rate on the 30-year fixed will likely end the day as high as 4.875 percent for the highest creditworthy borrowers and 5 percent for the average borrower.
Tuesday's move follows positive economic data in retail sales, suggesting that newly imposed tariffs would not hit sales as hard as expected.
With supply and demand so far out of whack, Mortgage Rates are unlikely to affect home prices in the near term.
Mortgage application volume for refinancing and home purchases dropped 2.7 percent last week on a seasonally adjusted week-to-week
Looking for local information on Issaquah Highlands real estate? You've come to the right place. The community information shown below will give you a quick snapshot of what Issaquah Highlands housing market is doing. Be sure to check out the local homes for sale stats and the available properties below. The numbers shown are inclusive of condos and single family homes, so you'll have a better all round view of the market.
Good News For Home Buyers As Area Housing Inventory Increases By 14%!
Issaquah Highlands: Name Your Selling Price And We'll Bring The Buyers!
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
Total Homes For Sale increases to over 10,000 for first time in months
King, Snohomish & Kitsap Counties still under 1 months housing supply however
4-6 Month Supply creates a Balanced Market
KIRKLAND, Washington (May 7, 2018) – Home buyers may be cheered by an uptick in inventory, but the improving supply is unlikely to reverse rising prices, suggest industry leaders from Northwest Multiple Listing Service.
Commenting on just-released figures for April, which showed the highest level of active listings since August, OB Jacobi, president of Windermere Real Estate said, “For the first time in a long time we had good news for buyers.” Noting supply is still lower than year-ago levels (down 5.6 percent), it
Home purchasers seeking to stand out in competitive housing markets should consider a mortgage professional based in the area.
Don’t discount the benefits of shopping local—even for a mortgage professional.
In tight housing markets where bidding wars are common, buyers who need financing can strengthen their offers by working with a locally based mortgage broker or loan officer, real-estate agents and lenders say. “Getting a local person helps you over certain humps—it just really does,” said Laura Hodgson, a real-estate agent with The Cascade Team , who works in The Greater Seattle Area, and keeps a list of trusted mortgage pros on her website HERE.
Agents want to work with buyers whose lenders know the local market and have a record of
A basic beginner's explanation for our soaring home prices in King County: There are a lot more people searching for homes, and far fewer homes available for them to buy.
There just aren’t enough homes for sale.
The number of homes on the market is at a low point for records that date back to 2000, despite the big increase in population over that span.
King County had only about 2,000 homes (single-family and condo) for sale last month. During the average month of March over the last two decades, the region had more than 7,800 homes for sale — nearly four times as many.
You may think homeowners would want to cash out: The average homeowner across the metro area who sells today has owned the home for about 10 years and makes a 64
Great class today at The Cascade Team main office in Issaquah. Over 30 Brokers today took the Core Curriculum class which was instructed by Larry Christensen, and which was fully paid for by The Cascade Team in order to ensure that our Brokers are always on the forefront of the ever-changing world or real estate.
Phil Mazzaferro from Absolute Mortgage thank you for kicking off the morning with some of the biggest donuts "Janet" has ever seen and also for sharing some news on several exciting new loan programs offered by Absolute!
For the 13th year, The Cascade Team is once again hosting Project Crayon Drive this April! For the young who find themselves at Seattle Children’s Hospital, sometimes the simple things like a coloring book and a few crayons can be as soothing as the trained staff and smiling doctors. Yet, something as simple as crayons often goes overlooked. Each year, Children’s Hospital goes through over 240,000 crayons, but each child only gets a couple to use.
And that’s where The Cascade Team — in partnership with the Children’s Hospital Guild Association and several area merchants — comes in. Throughout the month of April, agents from The Cascade Team will be walking neighborhoods and spreading the word about Project Crayon Drive.
In Seattle — home appreciation exceeded the median household income over the past year.
Home values in Seattle have been appreciating more than 3.5 times faster per working hour than the cities’ minimum wage workers earn.
In Seattle, the typical homeowner is gaining $54.24 of equity in their home every hour they’re at the office. The city’s hourly minimum wage is $15.00.
The typical U.S. homeowner is gaining $7.09 of equity in their home every working hour, $0.16 less than federal minimum wage.
The rapid pace of home value appreciation over the past year may present homeowners in Seattle with an interesting dilemma: Why work a 9-5 slog, when you can sit back and collect substantial hourly home equity “earnings” instead?
Having trouble getting listings? We all know the market is busy and listings are tough to come by. Schedule your confidential appointment today to join one of the fastest growing firms in Spokane. Email James Faucett at jamesf@thecascadeteam.com or call/text at 509-220-9877.
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Whether you’re an experienced agent or brand new, we will give you everything you need to take things to the next level and reach your potential!
We provide each one of our agents with a Certified Transaction Coordinator who will take care of all of the following:
Place listings on the MLS and The Cascade Team website.
For the 13th year, The Cascade Team is once again hosting Project Crayon Drive this April! For the young who find themselves at Seattle Children’s Hospital, sometimes the simple things like a coloring book and a few crayons can be as soothing as the trained staff and smiling doctors. Yet, something as simple as crayons often goes overlooked. Each year, Children’s Hospital goes through over 240,000 crayons, but each child only gets a couple to use.
And that’s where The Cascade Team — in partnership with the Children’s Hospital Guild Association and several area merchants — comes in. Throughout the month of April, agents from The Cascade Team will be walking neighborhoods and spreading the word about Project
