Just the headlines for now:

  • EXISTING U.S. HOME SALES REVISED DOWN BY 14% FROM 2007-2010
  • EXISTING HOME SALES REVISED DOWN BY 15% IN 2010 TO 4.19 MLN

Thank you NAR for proving what everyone knew: that the US housing market is one big lie. And next: here come the historical GDP revisions.

At The Cascade Team we have said all along... You NEED Real Estate Brokers to tell you the TRUTH and not the lie that you want to hear!!

The three charts that matter:

And the reasons for the "rebenchmarking"

  • Fewer FSBO home sales and more REALTOR®-assisted home sales (e.g., no net increase in home sales in a case where 80 MLS sales and 20 FSBOs shifts to 90 MLS sales and 10 FSBOs)
  • More Homebuilders seek REALTOR®-assistance in listing…

4234 Views, 0 Comments

Read Full Post

Southern California’s real estate market is remaining geared towards home buyer's in the month of December. Prices have trended down quite sharply over the last couple of months, but it appears that Carlsbad home prices over the last few weeks have stabilized, at least temporarily.  We are hopeful this trend will continue and establish a floor for pricing on Carlsbad area homes.

As of Monday December 19, 2011, the median price for a single family residential Carlsbad home has declined slightly to $612,995 with an average of 144 days on market, down 5 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. Days on market have held fairly…

3756 Views, 0 Comments

Read Full Post

Property Website

Priced at $220,000

Bedrooms:  2 Bathrooms:  2
Home Size:  1,285 sq.ft. Garage:  2
Community:  Issaquah Highlands County:  King
Property Type:  Condo or Townhouse Year Built:  2007
MLS Number:  303212

Property Description

Urban living in the heart of the Highlands! This immaculate, sleek condo has hardwood floors throughout all main living spaces with an open great-room concept. Kitchen boasts granite counters and stainless steel appliances. Home has 2 large bedrooms + den and 2 full baths. Enter the covered balcony from the great-room and from either bedroom. South-facing home provides sunlight and territorial views. Secure entry, parking and storage. Enjoy nearby dining, shopping, trails and Blakely Hall community center.

3553 Views, 0 Comments

Read Full Post

As of December 15, 2011, there are currently 456 active residential homes for sale in Bellevue, with an average price of $831,483.  This number is showing a reduction in housing inventory from the last report and an uptick in pricing.  In addition, there are 89 short sales in Bellevue, at an average price of $489,381, along with 32 bank owned homes, at an average price of 501,379.  While still a buyers market, the reduction of inventory and the uptick in Bellevue home prices is a postive sign as we head into the beginning of the year. 

Next, there are currently 287 active residential condos for sale in Bellevue, with an average price of $318,581.  In addition, there are 64 short sale condos in Bellevue, at an average price of $189,565, along with 32…

4335 Views, 0 Comments

Read Full Post

Southern California’s real estate market is remaining geared towards home buyer's in the month of December. Prices have trended down quite sharply over the last couple of months, but it appears that prices over the last few weeks have stabilized, at least temporarily.  We are hopeful this trend will continue and establish a floor for pricing on Carlsbad area homes.

As of Monday December 12, 2011, the median price for a single family residential home in Carlsbad has risen to $619,000 with an average of 149 days on market, up 10 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. Days on market have held fairly steady over the last few…

4573 Views, 0 Comments

Read Full Post

Damian is a new agent not only to The Cascade Team, but to Real Estate completely..... Yet in 2011 with no prior experence Damian closed twelve (12) transactions and has another two (2) Pending!

That is truely fantastic work! I hope that everyone will take a moment to congratulate Damian.

Read more about Damian Husak HERE

Cascade Team Real Estate agents spend their time serving customers, studying the market and touring homes, so they can provide the most accurate housing market data for their client. This helps you better understand the competitive environment, pricing strategies and provides an edge in the negotiation process. In the end, you save thousands in commissions and get better service. It's what we call Simply Outrageous Service.

 1132294019

…

4909 Views, 0 Comments

Read Full Post

The Cascade Team SOS Agent Designation

The S.O.S. designation is the highest honor a member of The Cascade Team Real Estate can earn. S.O.S. encompasses not only the strive and achievement of being among the top producing agents in sales, but also the commitment to the communities we serve and work in.

The S.O.S. designation is awarded to agents and brokers who ranked in the top 10% for sales company wide, “And”  who also demonstrated exceptional commitment to community. Holders of the S.O.S. designation are the cornerstone of The Cascade Team Real Estate. They continually give back through community programs like Project Crayon Drive to benefit Children’s Hospital, during the free holiday sleigh rides events, and within their local schools,…

3905 Views, 0 Comments

Read Full Post

Property Website

 Priced at $450,000

Bedrooms:  3 Bathrooms:  2.5
Home Size:  2,005 sq.ft. Garage:  2
Lot Size:  3,640 sq.ft. Community:  Issaquah Highlands
County:  King Property Type:  Single Family Detached
Year Built:  2003 MLS Number:  302826

Property Description

Do not miss this Steve Burnstead home, located in the heart of the Issaquah Highlands. This beauty greets you with birch hardwoods on the main floor, vaulted entry plus den and cozy living room with stone fireplace. The fabulous kitchen has alder cabinets, stainless steel appliances, tile counters with full height backsplash and planning desk. The 2nd floor has a stunning master bedroom and elegant master bath with high vanities, tile sinks and counters, plus skylights. Home has fully…

3685 Views, 0 Comments

Read Full Post