Check out Liza's Cascade Team Profile!

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 clients. 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 with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!

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  •          Double-digit price hikes were widespread.
  •          Mutually accepted offers surge 40.6% compared to February.
  •          The drop in the number of active listings between now and last year is extraordinary.
  •          Statistics show a 55.9% decline in total active listings, shrinking from 9,418 at the end of March 2020 to 4,153 at month end March 2021.
  •          Seattle/Bellevue region now ranks #1 in technology office space leases, eclipsing San Francisco
  •          Median prices system-wide surged 19.5% compared to a year ago.

KIRKLAND, Washington (April 7, 2021) – Brokers with Northwest Multiple Listing Service (NWMLS) added 10,562 new listings to inventory during March -- the highest volume since September when they…

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There are currently eight (8) licensed real estate agents in the greater Seattle area for every (1) house available to sell. With nearly 33,000 licensed real estate agents in Western Washington, the current total number of listings as of March 23rd, 2021 including residential, condominium, and even mobile homes are only 4394.

With Nearly 8 Agents for Every 1 Listing, What Are YOU Doing to Stand Out? The Cascade Team can Help!

As New Agents Pile Into Hot Housing Market. Most Find It Tough Going.

The red-hot housing market has achieved a number of milestones this past year. Perhaps the most telling is this: There are more real-estate agents than homes for sale. Currently in the Pacific NW that number is a staggering 8 to 1 ratio (Being 8 agents…

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There are currently eight (8) licensed real estate agents in the greater Seattle area for every (1) house available to sell. With nearly 33,000 licensed real estate agents in Western Washington, the current total number of listings as of March 23rd, 2021 including residential, condominium, and even mobile homes are only 4394.

As New Agents Pile Into Hot Housing Market. Most Find It Tough Going.

The red-hot housing market has achieved a number of milestones this past year. Perhaps the most telling is this: There are more real-estate agents than homes for sale. Currently in the Pacific NW that number is a staggering 8 to 1 ratio (Being 8 agents to every single available listing).

So how do you stand out?

How do you break into the industry…

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Check out Gabe's Cascade Team Profile!

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 clients. 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 with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!

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Covering housing news and more. Our informative and locally based real estate news blog will feature the latest housing statistics for Sammamish and Issaquah as well as information on Bidding Wars, mortgage rates and local information that affect your home and commute like the new Klahanie Bridge on Issaquah-Fall City Road.

We’ll dive deep into the stats and strive hard to provide detailed analysis the is helpfully while also being easy to understand.

If you ever have a question or suggestion we’re here. Just reach out to us and let us know and we’ll be happy to answer!

Check out some of our most current stories below:

Klahanie Bridge / Issaquah Fall City Road Construction Delayed

Housing Crisis 2021: Lack of Inventory

What to Know…

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Check out Jennifer's Cascade Team Profile!

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 clients. 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 with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!

 

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This is the real estate climate we're currently living in—and it has everything to do with the COVID-19 pandemic.

The COVID-19 pandemic has had a major impact on the real estate industry, and as a result, many parts of the country are experiencing what is known as a seller's market. The pandemic caused everyone to reevaluate where they're being quarantined.  Take the simple fact that a home is no longer a home, the home is now a workplace as well. It's also a school. And that really has gotten a lot of people in a position where they've decided to pull the trigger and change the condition that they live in.

"Simply put, a seller's market is a marketplace in which sellers have a competitive advantage due to pent-up buyer demand and low home…

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Check out Alice's Cascade Team Profile!

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 clients. 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 with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!

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Klahanie was one of the hottest markets on the Eastside for 2020. Overall, there were substantial increases in price coupled with declining days on market and bidding wars often driving homes sales well above asking price.

One example detailed below listed at $1.1 million and sold for $1,220,005 in only 6 Days on Market which equates to 110.91% of Asking Price!

So, What’s in store for 2021?

  •        All indications are continued price growth estimated to be at least 10% or higher.
  •        Bidding Wars and multiple offers on homes.
  •        Low inventory
  •        Low but slightly increasing interest rates

Take a look at the stats below for a full breakdown. Please remember that each home is different as are the motivations of each…

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