Desperate Times for Home Buyers: Western WA virtually sold out of inventory with a pipeline of stalled buyers

• Inventory takes another steep fall (Down 25%)
• Prices spike rising 20.7% 

Puget Sound area home sales slow (but not prices) as supply can’t match demand

KIRKLAND, Washington (April 4, 2016) – Traffic isn’t the only thing that is gridlocked around many Puget Sound communities. "We’re experiencing gridlock in the Puget Sound housing market," suggested J. Lennox Scott in reaction to the latest statistics from Northwest Multiple Listing Service.

MLS figures show pending sales across the 23 counties it serves dropped about 4.5 percent in March compared to the same period a year ago. Inventory fell sharply – down more than 25 percent. Brokers say that imbalance helped spur a 9.4 percent escalation in prices area-wide, with 12…

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Condominium For Rent In Kenmore - Leanna Young

$2,200 - 16921Inglewood Rd NE, #A202, Kenmore    Bedrooms: 2    Bathrooms: 1.75    Sq. Footage: 1,256    Year Built: 1979    Garage Spaces: 2    Type: Townhouse / Condo    MLS® Number: 918500

OFFERED BY: PROPERTY DESCRIPTION:   Leanna Young Real Estate Broker 425.829.1029 Schedule a Showing Request More Info Expansive views from this lovely Lake Washington waterfront condo. Located in the picturesque neighborhood of Inglewood Golf Club, steps to the lake, community pool, tennis courts, day-use dock and walking trails. Large view deck, modern gas fp, electric sun…

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Home For Sale In Renton - Kathleen Irish

$497,000 - 13523 SE 189th PL, Renton    Bedrooms: 5    Bathrooms: 3.5    Sq. Footage: 3,120    Year Built: 1989    Garage Spaces: 2    Type: Residential    MLS® Number: 911977

OFFERED BY: PROPERTY DESCRIPTION:   Kathleen Irish Broker 425.221.2606 Schedule a Showing Request More Info This daylight rambler is truly special; with two levels of spacious, comfortable living to be enjoyed! The main level offers the master suite (overlooking the private back yard), jetted tub & walk in shower ( both newly tiled in travertine), 2 additional bedrooms, formal living room,…

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:Home For Sale In Redmond - Tonya Eliason

$589,000 - 3533 289th Ave NE, Redmond    Bedrooms: 3    Bathrooms: 2    Sq. Footage: 2,450    Year Built: 1990    Garage Spaces: 2    Type: Residential    MLS® Number: 918179

OFFERED BY: PROPERTY DESCRIPTION:   Tonya Eliason Real Estate Broker 425.831.5721 Schedule a Showing Request More Info Stunning cedar home in peaceful setting. Gorgeous chef's kitchen with slab granite, travertine tile and stainless appliances. Welcoming entry opens into the impressive great room with expansive windows for enjoying the view. Great room open to the kitchen and dining room…

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Sammamish Real Estate Market Overview

Could Sammamish be your next home? Kick-start your home search with The Cascade Team's interactive tools and "Smart-Search" Technology. With interactive maps and charts, The Cascade Team provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Sammamish. Not sure which neighborhood is for you? Check out our "Compare Sammamish" section to explore popular neighborhoods in Sammamish, or explore nearby cities such as Issaquah and Redmond. When you’re ready, The Cascade Team has 70 resale and new homes in Sammamish lined up for you, including 14 upcoming open houses!

Sammamish is a medium-sized city located in the state of Washington. With a population of 51,229 people and nine constituent…

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Congratulations To Tonya Eliason, Managing Broker!!

 TONYA ELIASON

  We are happy to announce that Tonya Eliason has just passed her Managing Broker’s test!

For those of you who don’t know, Tonya has been with The Cascade Team since 2008. 

We are very excited for this next step in her career!

Great job Tonya!!

OUR LOCAL REAL ESTATE TEAM

Cascade Team Real Estate agents are proactive in serving their customers, studying the market and touring homes, so they can provide the most accurate housing market data for their you their client. This helps you better understand the competitive environment, pricing strategies and provides an edge in the negotiation process.  Our goal is to always meet and exceed your expectations.  We look forward to the opportunity of working…

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Neighborhood Features That Hurt Home Values

When it comes to real estate clichés, “Location, location, location” has all other contenders (including “Not a drive-by!”; “Cash is king!”; “Is that your checkbook or are you just glad to see me?”; and “Worst house, best street”) beat by a mile. Not only has it been in use since at least 1926 (according to the New York Times), but it’s utterly and inarguably true.

More than any other single factor, when you buy a home in a good location, it’s usually a solid long-term investment. And being the unabashed optimists we are here at The Cascade Team, we focus most on the factors that help maximize your home’s value. But hey, life—and real estate—isn’t always rainbows and unicorns. So this week we decided to take a look at the downers: those things that…

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Home Buyer Open House and Neighborhood Check List

Open houses may be staged to look like a home décor dream, but don’t let that distract you from the real reason you’re there: to potentially buy a home. Make sure you can look past the neatly arranged furniture and focus solely on whether the house would be a good fit for you and your family. To help, here’s a home buyer’s checklist of things you might have missed at first glance.

Windows – Look specifically if they are facing the right direction to let sunlight in, and whether they open to a nice view (versus directly toward another neighbor’s window).

Under the Sink Cabinets – Check for possible signs of water damage due to leaky plumbing.

Electrical Outlets – Make sure there are enough outlets for the appliances and other electronics…

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Home For Sale In Woodinville - Shannon Woodcock

$599,000 - 18124 195th Place NE, Woodinville    Bedrooms: 3    Bathrooms: 2.75    Sq. Footage: 2,180    Year Built: 1976    Garage Spaces: 2    Type: Residential    MLS® Number: 914250

OFFERED BY: PROPERTY DESCRIPTION:   Shannon Woodcock Real Estate Broker 206.484.5330 Schedule a Showing Request More Info Luxury Remodel ~ Reintree Home on Private Shy Acre! Sited on a quiet cul-de-sac in a great, close-in location, be dazzled by high-end updates everywhere you look: Stainless/granite kitchen w/custom pull-out shelves, all baths gorgeously updated, artisan light…

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Home For Sale In North Bend - Hailey Miller

$335,000 - 44811 SE 146th St. , North Bend    Bedrooms: 3    Bathrooms: 1.5    Sq. Footage: 1,340    Year Built: 1977    Type: Residential    MLS® Number: 913420

OFFERED BY: PROPERTY DESCRIPTION:   Hailey Miller Broker 714-655-0595 Schedule a Showing Request More Info Cozy Riverbend Home boasts newer roof, covered porch w/composite decking, beautiful fully fenced private backyard that includes a shed & lean to for extra storage. Inside you will find new plush carpet, vaulted ceilings, a bonus room off of the family rm, new faux wood blinds, new molding, breakfast bar &…

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