•          Double-digit price hikes were widespread.
•          Mutually accepted offers surge 40.6% compared to February.
•          The drop in the number of active listings between now and last year is extraordinary.
•          Statistics show a 55.9% decline in total active listings, shrinking from 9,418 at the end of March 2020 to 4,153 at month end March 2021.
•          Seattle/Bellevue region now ranks #1 in technology office space leases, eclipsing San Francisco
•          Median prices system-wide surged 19.5% compared to a year ago.

KIRKLAND, Washington (April 7, 2021) – Brokers with Northwest Multiple Listing Service (NWMLS) added 10,562 new listings to inventory during March -- the highest volume since September when they

There are currently eight (8) licensed real estate agents in the greater Seattle area for every (1) house available to sell. With nearly 33,000 licensed real estate agents in Western Washington, the current total number of listings as of March 23rd, 2021 including residential, condominium, and even mobile homes are only 4394.

With Nearly 8 Agents for Every 1 Listing, What Are YOU Doing to Stand Out? The Cascade Team can Help!

As New Agents Pile Into Hot Housing Market. Most Find It Tough Going.

The red-hot housing market has achieved a number of milestones this past year. Perhaps the most telling is this: There are more real-estate agents than homes for sale. Currently in the Pacific NW that number is a staggering 8 to 1 ratio (Being 8 agents

I am very happy to announce the publication of my first non-fiction book: Suck-It! Cary Porter’s Guide to Real Estate Greatness.

With over 20 years’ experience in the real estate industry I’ve seen, been involved in, or helped agents through almost every type of deal and dilemma. We’ve had balanced markets, Buyers markets, Seller’s markets, the crash of 2007 and the craziness of today…. And through it all, when all else fails, it falls back to two little yet very impactful words: Suck It!

Inside you’ll find great real-life stories like this:

The Curmudgeon

An old man walked into our real estate office and approached one of our newer agents.

“What’s your name, sonny boy?”

“Hi, my name’s Jeff, and I’d love to—”

“Listen here Jeff, I

There are currently eight (8) licensed real estate agents in the greater Seattle area for every (1) house available to sell. With nearly 33,000 licensed real estate agents in Western Washington, the current total number of listings as of March 23rd, 2021 including residential, condominium, and even mobile homes are only 4394.

As New Agents Pile Into Hot Housing Market. Most Find It Tough Going.

The red-hot housing market has achieved a number of milestones this past year. Perhaps the most telling is this: There are more real-estate agents than homes for sale. Currently in the Pacific NW that number is a staggering 8 to 1 ratio (Being 8 agents to every single available listing).

So how do you stand out?

How do you break into the industry

•          Median prices rising by double digits across most of our counties.
•          Total active listings of single-family homes declined nearly 44% from a year ago.
•          We are virtually sold out of unsold inventory everywhere in the Central Puget Sound area except the Seattle city core.
•          Continuing low interest rates, jobs, and lifestyle changes are driving the real estate market.

KIRKLAND, Washington (March 4, 2021) – Housing activity during February remained hot around much of Washington state despite significant accumulation of lowland snow over the Valentine’s Day weekend, according to latest statistical report from the Northwest Multiple Listing Service.

“It’s amazing how close the February numbers are when

Crazy seller, bad plumbing, wildly competitive open houses, misleading listings, sky-high prices, and ever-escalating offers: there is a terrible lot to contend with when finding a new place to live.

But there’s also no other process that deserves your time and attention like discovering a new place to call your own. Here are seven quotes that will help keep you sane during the emotional marathon that is the home search.

Condos Emerge As One Bright Spot For Buyers In Otherwise Frantic Sellers’ Market

“Home is the nicest word there is.” — Laura Ingalls Wilder Looking for a new home is a lot of work, but it’s important to remember that,

With snow in the overcast for the next several days and a potential for 6 to 8 inches of accumulation we want to make sure everyone has the most up-to-date information for cold weather preparedness and snow routes.

The City of Sammamish receives a lot of questions about City procedures before, during, and after snow events. They have compiled many of them below with the answers from our Streets and Stormwater Division experts.  

How does the city prepare for snow and ice events and what happens when the snow hits?

• City of Sammamish has a snow plowing priority system in place to clear our 400 lane miles of public roads and over 730 cul-de-sacs
• Once a snow or ice event has been forecasted and the likelihood of snow is high, the crews

KIRKLAND, Washington (February 4, 2021) – Home buyers who have been precluded from entering Puget Sound’s competitive market may want to consider condominiums as an option, according to industry experts who commented on the latest housing statistics from Northwest Multiple Listing Service.

•          1 out of every 4 listings is a Condo.
•          King County condo prices “entered negative territory in January,”
•          Prices for condos down about one-half percentage point compared with the same month a year ago.
•          Growing number of homeowners who are choosing to move further away from core urban areas.

“With the trend toward telecommuting and moving to outlying suburban areas, the Seattle/King County condominium market

A FULL SERVICE REAL ESTATE BROKERAGE FOR HOME SELLERS

A harbinger of the 2021 market is tight listing inventory, low interest rates, and high buyer demand continuing to drive momentum.

“Insatiable buyer demand” is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for the end of 2020 showed strong activity throughout the holiday season with double-digit increases in new listings, pending sales, closed sales, and prices.

Measured by months of inventory, there is only about two weeks of supply (0.53 months) overall. Only five counties had more than a month of supply, well below the four-to-six months of supply used by

Covering housing news and more. Our informative and locally based real estate news blog will feature the latest housing statistics for Sammamish and Issaquah as well as information on Bidding Wars, mortgage rates and local information that affect your home and commute like the new Klahanie Bridge on Issaquah-Fall City Road.

We’ll dive deep into the stats and strive hard to provide detailed analysis the is helpfully while also being easy to understand.

If you ever have a question or suggestion we’re here. Just reach out to us and let us know and we’ll be happy to answer!

Check out some of our most current stories below:

Klahanie Bridge / Issaquah Fall City Road Construction Delayed

Housing Crisis 2021: Lack of Inventory

What to Know