As of Monday January 23, 2012, the median price for a single family residential Carlsbad home has decreased slightly to $615,000 with an average of 151 days on market, down 5 days from last weeks report.  Days on market have held fairly steady over the last few weeks, but there were 46% of all listed properties who had a price decrease in the last seven days.  Inventory levels have been relatively consistent given the current sell through rate.  If the tightening continues, we may see the market start to shift towards the seller's zone.  Recently, the seven day moving price average recently made a minor move accross the 90 day moving average, which would suggest that price stabilization is starting to form in the Carlsbad housing market.  However, we did…

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Sales for homes in King county rose by 7% compared with 2010 while the average price dropped an additional 10.7%

 Northwest MLS brokers report more than 56,000 sales during 2011,

KIRKLAND, Wash. (Jan. 23, 2012) – Members of Northwest Multiple Listing Service tallied 56,290 closed sales of single family homes and condominiums during 2011, improving on 2010’s volume by 4,290 transactions for a 7.4 percent increase.

Last year’s completed sales included 48,952 single family homes (up 7 percent from 2010) and 7,338 condominiums (an increase of more than 10 percent from 2009). Together, these sales were valued at more than $16.7 billion, about $900 million less than the previous year (a decline of 5.1 percent).

Both median prices and inventory…

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The Cascade Team / Bank of America Program

Daily Real Estate News | Wednesday, January 18, 2012

WordPress.org, Craigslist, Wikipedia, Moveon.org, Reddit, and Firefox browser creator Mozilla are among more than a dozen Web sites that are going dark on Wednesday for a 24-hour period to protest the Stop Online Piracy Act (SOPA) and the Protect Intellectual Property Act (PIPA), which critics say threaten free speech on the Internet. 

The antipiracy legislation is a move by Congress to crack down on the sales of pirated U.S. products overseas. But U.S. Web site makers say that the legislation infringes on their freedom of speech and could have potential widespread, negative…

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As of Monday January 16, 2011, the median price for a single family residential Carlsbad home has increased slightly to $620,000 with an average of 156 days on market, up 12 days from the last report.  About four weeks ago we saw a sharp drop in home prices, which could have been fueled by short sales and/or bank owned homes hitting the market, but we are now seeing a modest increase.  Days on market have held fairly steady over the last few weeks.  Inventory levels have been relatively consistent given the current sell through rate.  Despite the fact there is still a significant number of Carlsbad homes for sale, this buyer's market is starting to see prices stablize; however this could reverse very quickly if the housing market starts to show signs of…

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What Do We Offer Our Home Sellers...
Other Than Listing For A 1% Listing Commission

In short, our Seattle and San Diego home seller clients receive full service real estate listing representation for a 1% MLS listing commission.  We still always recommend our homeseller's pay the standard rate for the buyer's agent, but on average you will save 2% of your home's selling price by working with us.  Let us help you save thousands when selling your home, but more importantly, ensure that your are marketing your home for sale to maximize your exposure to all available buyers. We provide a full complement of internet and print marketing, which hits both home buyers and real estate agents alike, to get your home the exposure it needs in this competitive real…

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Emily Musselwhite comes to The Cascade Team Real Estate directly from Enso Condominiums in downtown Seattle where she recently closed the last unit in the building.  Emily has also worked on other new construction projects such as Olive 8, Canal Station & Carillon Villas.  Emily will be working with Erik Mehr between Escala & Lake Boren Townhomes which commences sales in late February or early March.  We are very excited to add another amazing talent to  The Cascade Team!

 

Emily's contact information is:

emily@thecascadeteam.com

206-329-0747

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"Healthy marketplaces" emerging with shrinking inventory, favorable financing

KIRKLAND, Wash. (Jan. 4, 2012) – Home sales finished the year much stronger than they started, with pending sales for the fourth quarter outgaining the first quarter by more than 3,000 transactions for a 21 percent increase, according to new figures from Northwest Multiple Listing Service.

A year-over-year comparison shows December’s pending sales (mutually accepted offers) rose more than 20 percent from a year ago. Northwest MLS brokers reported 5,237 pending sales last month, up from the previous year when they recorded 4,359 transactions.

Last month’s pending volume exceeded the number of new listings (4,604) for the second consecutive month. The last time such…

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