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Daily Real Estate News |      Monday, January 14, 2013      

Home buyers have plenty of information available at their fingertips. They’re educated and savvy when it comes to real estate. So why are they turning to you? Amy Chorew, the vice president of platform development at Better Homes & Gardens Real Estate, identifies six traits that home buyers most desire from their real estate agents in today’s market. 

  1. Brutal honesty: They not only want information quickly, but they also want it to come come with an immediate solution. 
  2. Clear direction: When talking about contract terms, for example, they want you to provide clear direction and not leave them guessing. They want your professional advice and not to be left…

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We are very happy to welcome Lily Lei to www.TheCascadeTeam.com . Lily is a new agent who speaks fluent Chinese. She lives in The Issaquah Highlands and will be working closely with foreign investors looking to purchase businesses and residential homes here in the US. Lily has a diverse background and has owned her own business. We are very much looking forward to having he be part of The Cascade Team!

Real Estate Agents That Offer YOU Local Knowledge & Personal Service

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…

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Have you found the house of your dreams yet? If you've found a property you love, you now need to decide how much you're willing to offer. You want to be conservative enough that you get a good deal, but you don't want to bid so low that you risk losing the house. The following are some questions that need to be answered prior to making an offer:

  • How long has the house been on the market? The longer it's been on the market, the more flexible the sellers are likely to be.
  • How much are people paying for similar properties in the area?
  • How much can you afford?
  • Are you pre-approved for a loan? If so, you will be very attractive to sellers, and you'll have more room to…

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We want to welcome Cheryl Bolender to The Cascade Team in Arizona.  Cheryl was formally with Long's Realty, which was formally Windermere.  Cheryl has been in the real estate business for a number of years and will be focusing on the West Valley, specifically the master planned community of Verrado. 

Cheryl Bolender
Realtor
623.203.3251 - Mobile
623.738.1477 - Ext 102
cheryl@thecascadeteam.com

She has a few new listings on the way and we are happy she joined us in our quest to take over the Phoenix market.

BIO:

I have been in the Real Estate Industry for over 15 years and an Entrepreneur all of my life. Spanning from commercial real estate investments to residential real estate, construction and land development .I have worked in Ohio, Kentucky,…

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Daily Real Estate News | Thursday, January 10, 2013  

The Consumer Financial Protection Bureau unveiled new mortgage rules Thursday that are expected to change how home buyers go about getting approved for a home loan. 

Every company that issues mortgages will be required to follow the new guidelines. 

Loans that meet the agency’s new lending criteria now will be called a “qualified mortgage.” Qualified mortgages will be given protection for the bank from lawsuits filed by troubled borrowers or buyers of mortgage-backed bonds. 

A “qualified mortgage” will consist of the following:

  • Lenders must prove that income and assets are…

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Daily Real Estate News | Wednesday, January 09, 2013  

With 11 months of data reported, 2012 will clearly go down as a record year for favorable housing affordability conditions and a great year for buyers who could get a mortgage, according to the National Association of REALTORS®.

NAR’s national Housing Affordability Index stood at 198.2 in November, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power; recordkeeping began in 1970.

An index of 100 is defined as the point where a median-income household has exactly enough…

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  • Prices in King County up 18.8%.

  • Sales up 14.8%.

  • Pending Home Sales outpace new listings for 4 consecutive months.

  • Closed Sales up 11.1%.

Northwest MLS Tallies Busy December as First-time Buyers, Investors Return

KIRKLAND, Wash. (Jan. 7, 2013) – Home buyers around western Washington made offers on 5,314 residences during December, outnumbering the 3,857 owners who listed their homes for sale. The imbalance helped push up prices and further thin already depleted inventory.

While the expected seasonal slowdown occurred last month, determined buyers were undaunted by sparse inventory and record-breaking rainy days, according to December statistics from…

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Daily Real Estate News | Monday, January 07, 2013

Home prices are inching up across the country, as a housing recovery ripples through once hard-hit areas. AOL Real Estate, drawing from Trulia housing data, recently highlighted the top “turnaround housing markets” that have seen the biggest jumps in median home prices in the past year.  

  1. Las Vegas
    • Median home price for fourth quarter of 2012: $147,000
    • Difference in prices between 2011-2012: +27.5%
  2. Seattle

    • Median home price: $299,950
    • Difference in prices between 2011-2012: +24%
  3. Phoenix

    • Median home price: $189,000
    • Difference in prices…

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After a year and a half stint selling new construction in Bothell we are very happy to welcome Victor Lozada to The Cascade Team. Victor is a great Broker and wonderful assest to the Team. In the past year he has sold more the 40 homes and is looking to do even more than that here with The Cascade Team.

Victor Lozada

Broker

Office Phone425-313-4752

  • Cell Phone 425-443-6131
  • Fax 425-996-9520
  • Email victor@thecascadeteam.com

Victor Lozada is a 9-year real estate veteran who has sold over 250 homes in his career.

He is a two time winner of Seattle Magazine's Best Real Estate Agents and works with individual buyers and sellers throughout the East Side and Seattle area. He also has extensive new home sales experience, working…

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Daily Real Estate News |     Friday, December 21, 2012   

Forbes partnered with Nextdoor.com, a social network for neighborhoods, to determine the friendliest towns in America. A total of 500 towns with populations between 5,500 and 150,000 were included in the study and ranked on the percentage of owner-occupied homes, crime rate, charitable giving, and percentage of college graduates. Studies have shown home ownership can increase neighborhood stability and college-educated people have been found to display more civic engagement. 

The following towns emerged as the top 6 friendliest towns in the nation, according to the study:

  1. Sammamish, Wash.: a Seattle suburb where nearly 90 percent of households own their own…

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