FOR THE FIRST TIME EVER WE ARE SEEING INTEREST RATES WELL BELOW 4%!

See Rates Here

Now is a great time to buy!!! Rates have literally NEVER been lower!

Rates have plummeted as a result of the Fed’s announcement regarding further efforts to stimulate a struggling economy.  These unbelievable rates offer a once-in-a-lifetime opportunity for any in a position to take advantage of them. If you are thinking of buying, current rates combined with the last several years of falling house values have affordability at all-time highs!

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Carlsbad Homes For Sale - Weekly Market Update

Southern California’s real estate market remained geared towards home buyer's in the month of September. Prices have trended down slightly 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 Carlsbad home prices.

As of Sept 22, 2011, the median price for a single family residential home in Carlsbad held at $699,900, with an average of 144 active days on the Carlsbad real estate market.  While home prices have held just below the $700K point, the days on market are beginning to climb; which is not a receipe for continued pricing strength.  While Carlsbad home price action has been essentially flat,…

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2 Important Factors in Judging Neighborhoods

Our Cascade Team Real Estate Community & School Report Tool: 

• Compare two zip codes side by side
• See income, household, cost of living and climate information
• See local shopping, restaurants, services, recreation and leisure, along with local grocery stores.
• Compare local public and private schools
• See information about local schools and compare them side by side.
• Select individual schools to review and see their scores, teacher ratios and school profile

To view all this valuable information, just click on the "View Community Reports" button below.

View Community Reports

With home prices falling, buyers are looking for a neighborhood that has a greater likelihood of…

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King County Shadow (Foreclosing) Home Inventory

Check out this information on upcoming Foreclosures! Several of these upcoming Foreclosures are NOT even listed on the NWMLS.

Moving forward: Every Monday The Cascade Team/ With assistance from Liberty Capital will provide the best 4-6 upcoming foreclosure homes. These will be properties that investors will most likely not be after for a buy and flip. They will usually also have pictures and have an opening bid well below assessed value so youryou can feel comfortable in getting a good deal!

http://www.thecascadeteam.com/foreclosure-homes.php       

The Cascade Team track homes that are foreclosing in King County exclusively our clients to purchase these homes as owner occupied residences.  The following homes are scheduled to be auctioned off…

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Foreclosure Sales Slow

Search Seattle Foreclosures

While lenders have resumed foreclosures after putting them on hold as a result of an investigation into "robo-signing" a year ago, snags remain in the process.

1010data Inc. and CoreLogic Inc. report a drop in the number of foreclosed homes liquidated to 3.6 percent in June from 5.7 percent in August 2010. The number of homes entering the foreclosure pipeline tops the number being sold by banks.

The delays help home owners hang onto their properties longer and aid the economy in the short term, but make it difficult for new buyers to close on foreclosed properties.

Source: “Effort on Home Loans Stalls," The Wall Street Journal (Sept. 19, 2011)

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Short Sale Information - The Cascade Team on KOMO News

The Cascade Team Real Estate and Darin Robertson were featured on KOMO 4 News tonight regarding short sales in the Seattle area. Take a look at the video and contact us if you have any questions or think you may be a candidate for a short sale. We will answer any questions you have and assist you in determining if selling your home short is the best alternative for your situation.

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Snoqualmie Home for Rent On the 10th Green

Property Website

Priced at $2,695

Bedrooms:  4 Bathrooms:  3.5
Home Size:  3,190 sq.ft. Garage:  3
Lot Size:  6,462 sq.ft. Community:  Snoqualmie Ridge
County:  King Property Type:  Rental
Year Built:  2006 MLS Number:  274787

Property Description

Better than new Conner home located on the 10th green w/ golf course and stunning mountain views. Extensive upgrades including cherry wood floors, crown moulding, and main floor den w/custom cabinets. Gourmet kitchen features dacor/bosch appliances, slab granite countertops and custom tile backsplash. Darling Jack and Jill bath separate extra bedrooms. Spacious master suite w/expansive closet and materbath w/granite counters and tile floors. Come relax in your own backyard oasis.

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Rare DR Horton Craftsman Style Home!

Property Website

Priced at $475,000

Bedrooms:  3 Bathrooms:  2.5
Home Size:  2,190 sq.ft. Garage:  2
Lot Size:  3,640 sq.ft. Community:  Issaquah Highlands
County:  King Property Type:  Single Family Detached
Year Built:  2005 MLS Number:  274872

Property Description

Rare DR Horton, craftsman style home with territorial views. This is an impeccable,3 bedroom, 2.5 bath home with all of the bells and whistles. The main floor greets you with hardwood floors throughout and formal dining room and den with double doors. The kitchen is open to the family room, with maple cabinets, tile counters and gourmet center island. Master suite boasts large master bedroom, elegant master bath with soaking tub. Coffered ceilings, skylights, secluded back patio and…

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Defaults Soar 33%, Biggest Monthly Gain in 4 Years

Real Estate News

A new wave of foreclosures hit in August, as banks picked up the pace in taking action against home owners who have fallen behind on their mortgage payments, RealtyTrac Inc. reported Thursday.

The number of U.S. homes that receiving an initial default notice rose 33 percent in August from July. That increase represents the biggest monthly gain in four years, according to RealtyTrac. 

"This is really the first time we've seen a significant increase in the number of new foreclosure actions," says Rick Sharga, a senior vice president at RealtyTrac. "It's still possible this is a blip, but I think it's much more likely we're seeing the beginning of a trend here."

The…

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Underwater Borrowers Hold Back Sales

Short Sale Information

Declines in home values have pushed a high number of home owners to be “underwater,” in which borrowers owe more on their properties than they are current worth, and it’s hampering home sales, according to new data by CoreLogic. 

About 10.9 million, or 22.5 percent, of all residential properties with a mortgage were in negative equity at the end of the second quarter, down slightly from 22.7 percent in the first quarter, CoreLogic reports. What’s more, about 2.4 million borrowers had less than 5 percent equity, which CoreLogic refers to as “near-negative equity,” in the second quarter. 

Since the peak in home sales in 2005, nondistressed sales in ZIP codes with…

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