Tips from The Cascade Team Agents

 

  • House-hunters in Western Washington can choose from the largest supply of homes in three years.
  • New statistics from the MLS show prices appear to be moderating.
  • King County Housing Inventory has a 74.3 percent increase.
  • Mutually accepted contracts drop 14.8% as buyers adjust to more options.
  • For Buyers: “This is the best time in three years to be aggressive in the marketplace”

KIRKLAND, Washington (September 7, 2018) – House-hunters in Western Washington can choose from the largest supply of homes in three years, and they are facing fewer bidding wars, according to officials from Northwest Multiple Listing Service.

New statistics from the MLS show prices appear to be moderating (up about 6.7 percent overall), but brokers…

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Other brokerages are inconsistent with their commission rates...

With The Cascade Team, you will always know what you are getting!!!

Getting the most for your home or property means doing more than putting a "For Sale" sign out front. In a competitive market where new homes for sale are added daily, your listing needs to be seen in a variety of places in order to stand out. And sometimes the right buyer is waiting out of state, or even in another country. To ensure sure your home gets noticed and sells without a hitch for full market value, consider working with a top professional. It could mean the difference between no sale, and the payoff you've been waiting for.

A Full Service Real Estate Brokerage For Home Sellers

The Cascade Team…

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The Offer Countdown Timer:

When we at The Cascade Team receive an offer on your listing, we will now activate the offer countdown on your property website with just a couple clicks. The property website will prominently display the timer counting down second by second until the offer review deadline. This will help us promote your home and let potential buyers know that they have a limited amount of time to get an offer in if they would like to potentially purchase your home.

The property website is linked from all kinds of sites like Zillow, Trulia, Realtor.com, Yahoo Homes, Google and many more. We will also promote your listing and the countdown to make offer through social media such as Facebook, Pinterest, Google+, LinkedIn, Twitter, Etc..

…

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  • Home sellers throughout the Seattle region are experiencing a reality check and the days of multiple offers are days of the past.

  • In Seattle and King County supply is at the highest level since first quarter 2015.

  • Gone: Seller luxuries like offer review dates, pre-inspections, and escalation clauses.

  • King County Housing inventory has doubled since March!

  • Seattle is experiencing a self-corrective shift in the market.

  • Many sellers are reaching for their dictionaries to understand the words ‘price reduction’ and ‘increased market time.’”

 

KIRKLAND, Washington (August 6, 2018) – “Home sellers throughout the Seattle region are
experiencing a reality check and the days of multiple offers…

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Did you buy a home that could use a little touching up, but the projects are larger than your bank account?  Do you want to boost the curb appeal and value of your home, but are looking for simple ideas you can do yourself?

Here are 10 do-it-yourself home projects to boost your homes value! Paint. You can paint your entire house or you can paint just the trim, interior or exterior. Or, paint an accent wall inside. Can't afford new kitchen cabinets? Paint the old ones. The key to painting is in the preparation work, including taping around windows and cutting in around the ceiling. Keep that in mind when budgeting the time a project will take.
  Change your kitchen or bathroom hardware. This is one of the easiest projects you can do to…

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I personally remember moving to the Seattle area in the late 90’s and marveling at how the Summers NEVER got too hot! Who needs air conditioning out here in the Pacific NW? I was from the Southeast where it literally only cooled down to mid to high 80’s at night and the humidity made the air feel like a warm wet blanket most of the time…

Now flash forward and I freely admit that I have climatized and my wife and I have had A/C in our home for the past seven years and I use it all the time! 

Still, when it comes to A/C, most people living the Puget Sound area have the same almost reflexive response — “It only gets really hot for a few days, so who need air-conditioning?” — which is why as a whole homes in our area of the country only have A/C at…

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32 percent of homes across the greater Seattle region had price drops last month, up from 27 percent a year ago and the highest for any June since the end of the housing bust in 2011.

In a nut shell, what a difference a couple of months can make for the local housing market…. We have now gone from bidding wars to price reductions in what seems like the blink of an eye.

So, what’s changed?

The Seattle area and most of Western Washington as a whole has seen the largest home price increases in the country for the last 20 months in a row according to Case-Shiller data. Currently the median house price in Seattle is at $812,500 and on the Eastside the median home price has reached $978,000. All of this has lead to a point where record-high home…

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The contingency-based clause coaxes some sellers by offering them the chance to continue marketing a property, while buyers are given time to sell existing homes.

By Robyn A. Friedman  

What to do when a home-seller gets an offer but holds out hope for something better?

Enter the bump clause.

A bump clause lets sellers enter into a contract with a buyer while still continuing to market the property. If the sellers get a better deal, they can “bump” the original buyer.

It’s most commonly used when a buyer’s offer has some contingency, usually that they need to sell their current home first. It can help coax the sellers into contract by offering them the ability to seek alternate buyers who don’t have a home-sale contingency…

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Brokers seeing “simple economic recipe for a softening housing market”

  • Active Listing Inventory Surges 47%
  • Median Home Price in King County DROPPED 1.6% In June From May
  • New Listings Outgain Sales
  • Fewer Multiple Offers Reported
  • Price Reductions Hit The Housing Market as Sellers Sense Buyers Pulling Back

KIRKLAND, Washington (July 5, 2018) – Home buyers around many parts of Washington state had

more choices and less competition during June, prompting some industry leaders to comment on “a

feeling of change in the market.”

 

“Inventory is up and demand has dropped,” reported Robert Wasser, an officer with the board of directors

at Northwest Multiple Listing Service. That combination is “a pretty simple economic…

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  Once you've made an offer on a home and all contingencies have been met by both parties, closing on the property becomes final. Closing costs are generally 4% of your loan amount, but this can vary. To help you get a sense of what's left to be done, here are 10 steps involved in closing the deal:

  1. Draw up a purchase offer with detailed contingencies in place
  2. Seller accepts the deal or counteroffers with contingencies and price changes of their own
  3. Submit your deposit, also known as "earnest money"
  4. Apply for your loan if you aren't already pre-approved
  5. Have the home inspected by a licensed home inspector
  6. Get the house appraised
  7. Perform a title search, buy title insurance, and homeowners insurance, as required by your lender
    8. …

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