Some Little known facts about Doug Young of The Cascade Team Real Estate

With all sincerity we are very fortunate to have someone like Doug as one of the Fathers of www.TheCascadeTeam.com. Doug has shown great dedication, personal sacrifice and humility in helping us reach to the point where we are today.

Now Doug and his family are about to move to Arizona and open the newest branch of www.TheCascadeTeam.com in the Phoenix market which will be our third State of operations along with Washington and California. Doug will still perform many of the accounting and payroll duties he currently does, and will be availiable to all of us by phone and e-mail, but non-the-less we will certainly all miss having him here in person!

To that end, we celebrated Doug today at our monthly meeting, and for those of you who could not attend,…

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Stunning Home In the Heart of Issaquah Highlands!

Property Website

 Priced at $349,900

Bedrooms: 3 Bathrooms: 2.5
Home Size: 1,597 sq.ft. Garage: 2
Community: Issaquah Highlands County: King
Property Type: Single Family Home Year Built: 2005
MLS Number: 403943

This well maintained 3 bed 2.5 bath home located in the heart of Issaquah Highlands. An open and inviting floor plan makes this a perfect home for entertaining. The warm colors and extra upgrades makes this a stunning home at a stunning price. This two story home comes with a 2 car attached garage, large master suite, and a chefs kitchen. This beauty is close to great restaurants, hiking, and shopping. Northwest living at its best!

Make an On-Line offer at www.BidThisHouse.com

Damian Husak Broker

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Weekly Economic Summary From The Cascade Team (September 12, 2012)

September 12, 2012

Last week in review (September 3 - 7, 2012)

The Labor Department released its Jobs Report for August. Read on for the details, and what they mean for home loan rates.


Table source: Mortgage Success Source

On Friday, the Labor Department revealed that 96,000 jobs were created in August. This was below the elevated expectations after the surprisingly good ADP report for August. Only 103,000 private sector jobs were created, well below expectations, while government job losses were in line with expectations. Downward revisions to June’s and July’s job numbers, which erased an additional 41,000 jobs from what was previously reported, added to the negative tone of the report.

The unemployment rate, also a major headline,…

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Why Short Sales, Foreclosures Damage Credit Similarly

Daily Real Estate News | Friday, September 07, 2012  

With short sales, home owners work with a bank on a solution to get out of a house they may no longer be able to afford or have to sell urgently for some reason. That’s why some argue short sales shouldn’t damage a person’s credit score in the same way as foreclosures, which can be much more costly for banks.

So should the penalty for a foreclosure more severely damage a borrower’s credit score than a short sale? No, maintains a new FICO study. 

FICO conducted a study to determine the credit risk associated with “mortgage stress events,” such as foreclosures and short sales, by analyzing data from October 2009 to October 2011.  

“While it is true that short…

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Housing statistics around Washington indicate recovery is continuing (Sales up 9.3% - Prices dip slighly from July)

September housing statistics around Washington indicate

recovery is continuing, strengthening sellers’ positions

KIRKLAND, Wash. (Sept. 5, 2012) – Pending sales, closed sales and prices all increased in August compared to a year ago, according to the latest figures from Northwest Multiple Listing Service. Those key indicators, coupled with the persistent shortage of inventory, prompted one industry leader to declare the market has flipped.

Brokers reported 8,338 pending sales of single family homes and condominiums last month for a year-over-year increase of 9.3 percent. Fourteen of the 21 counties in the Northwest MLS service area reported double-digit gains in the number of mutually accepted offers.

Last month’s pending transactions…

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Weekly Economic Summary From The Cascade Team (Sept 5th, 2012)

Sept 5th, 2012

Labor Day Holiday Weekend Issue

Due to the holiday weekend, the next full issue of the Weekly Economic Summary will arrive on Wednesday, September 12. In the meantime, check out the special article below on how to help your clients avoid hidden cell phone fees.

5 Hidden Cell Phone Fees

Thinking of switching to a new wireless provider? If it’s one of the major national carriers, expect to pay an activation fee, typically about $35, for each new line you open. For a family plan with four lines, that would add up to $140. The salesperson may be willing to waive the fee if you communicate your unwillingness to  pay. Watch for promotions that allow you to sign up without activation fees. Recently, customers who bought Verizon…

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10 awe-inspiring American castles

By Justin Ocean | Budget Travel – Wed, Aug 15, 2012 8:31 PM EDT

Castello di Amorosa (Photo: Brian Jannsen / AgeFotostock)

Who doesn't go a bit giddy at the sight of a castle? The good news is that you don't have to head to Europe for honest-to-goodness ones of the Cinderella variety—we have plenty right here in our own backyard. Railroad barons commissioned most of these estates, but at least one housed a legitimate king and queen (bet you didn't know this country had its own history of royalty!). Each is an engineering wonder in its own right, with some even constructed out of old-world castles that were shipped across the ocean. And each is open to tours should you decide to make a trip (a select few will even let you spend the night). Read this…

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