Learn about local real estate and housing market trends from The Cascade Team Real Estate.

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Daily Real Estate News |     Friday, February 15, 2013   

More and more U.S. housing markets starting to tilt in sellers’ favors. 

For the average home in the U.S., the gap between the listing price and closing price is narrowing with sellers able to get more than 98 percent of their home’s listing price back. Also, the median days a home is spending on the market also is falling, dropping to 44 days nationwide in 2012 — a 23 percent decline from 2011, according to a report. 

“A limited inventory of homes on the market, combined with the extremely low cost of mortgage financing, has resulted in homes selling above asking price in many western markets, boosting the…

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$ 330,000 - 142344 446th Place SE , North Bend

 
  Bedrooms : 3
 
  Bathrooms : 1.75
 
  Sq. Footage : 1,600
 
  Year Built : 1984
 
  Garage Spaces : 3
 
  Type : Residential
 
  MLS® Number : 448318
 
 
 
OFFERED BY: PROPERTY DESCRIPTION:
  Karen Derwin
Real Estate Broker
425-785-0587
Schedule a Showing
Request More Info
Rare cedar finished rambler with peaceful covered front porch. One half…

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$ 850,000 - 2657 NE Daphne St. , Issaquah

 
  Bedrooms : 4
 
  Bathrooms : 3.5
 
  Sq. Footage : 3,799
 
  Year Built : 2007
 
  Garage Spaces : 3
 
  Type : Residential
 
  MLS® Number : 448119
 
 
 
OFFERED BY: PROPERTY DESCRIPTION:
  Matt Jensen
Branch Manager - Issaquah Highlands Office
206.909.8200
Schedule a Showing
Request More Info
Immaculate Buchan built home in the coveted Issaquah…

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Team,

We are very happy to welcome Ron Cornwall to The Cascade Team. Ron has owned and operated his own brokerage (Cornwall Real Estate) for the past 10+ years. Ron is a great guy and very excited to be joining our Team. He is a referal from Stan and Marissa and will be working closely with them.

Ron's experence and motivation will be a huge asset for our entire company!

Ron Cornwall 

Office Phone 425-313-4752 Cell Phone 206-701-4165 Fax (425) 484-6146

Email ron@thecascadeteam.com

About Ron:

Cornwall Real Estate has been family owned and opertated since 1994. Ron Cornwall has been a designated broker since 2004 overseeing management operations and business activities of as many as 16 real estate agents and loan officers. My…

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Do you need support or advice during this exciting and stressful time? Just call or email us any time.

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. Submit your deposit, also known as "earnest money"
  3. Seller accepts the deal or counteroffers with contingencies and price changes of their own
  4. Apply for your loan if you aren't already pre-approved
  5. Get the house…

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Daily Real Estate News | Tuesday, February 12, 2013    

Sellers don’t have to necessarily disclose that the home is a former meth lab. There are no federal rules that require sellers to disclose whether a home was once used as a meth lab, but some individual states do you have disclosure regulations. 

Most Agents and Brokers abide by an industry code of ethics and are required to reveal any known material facts but, as an agent, you don’t always know whether a home has been contaminated if it’s not disclosed to you.

So how can buyers know if they’re purchasing a home that may be contaminated…

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Love is in the air and now is the time to find your perfect “Dream Home”! Search though our extensive list of potential on-line “Love Matches”. You can sort by distance, size, number of bedrooms, golf course, lake front, school district, price and just about any other criteria that makes your heart flutter!

Once you find one you like give a quick “Wink” by hitting the Inquire button Or... Make them a "Favorite"!

Think you’ve found THE one….. Set up that ever-important “First Date” and Request A Showing…. (An agent from The Cascade Team will even chaperone just in case you have questions or and “Funny Business” comes up!

 See ALL “HOT” the photos!  On-line “Video” to make you fall in “Love”!  Compatibility check… Make sure your new…

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Daily Real Estate News | Monday, February 11, 2013  

Credit scores from online mortgage shoppers have risen four points since 2011, averaging 734, according to a study by MortgageMarvel.com, which analyzed nearly half a million online mortgage applicants. 

Some states are averaging even higher credit scores, particularly among those states known for having high household earnings. The following are the states with the highest median credit…

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T.G.I.F. One day of the week can mean an extra $5,000 in a home-seller's pocket.

In 2012, homes listed on Fridays sold for 99.1% of the seller's original asking price, the highest percentage of any day of the week, according to an analysis based on sales by brokers from the NWMLS.

Statistics show that nailing the day that a home listing debuts is crucial. You get four times the traffic on the day of debut than any other time of the week, and you only get one chance. Soon, you're yesterday's news.

Listing a home on a Friday rather than a Sunday—the worst day to debut—could mean a difference of nearly $5,000 on a $500,000 house. Homes listed on Sundays end up selling for 98.4% of their initial asking price.

Properties listed on Fridays also sell…

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A home buyer does not want to be caught off guard in a seller's market. It's one of the reasons that the most important thing a home buyer can do is trust his or her real estate agent to advise on market conditions. If it is a seller's market, it could very difficult, if not almost impossible, to buy the first home a buyer wants to buy.

Because home buyers generally have very little interest in the real estate market when they are not buying a home, they don't always know how the market moves from one season to another, much less from month to month. It is often uncomfortable for a buyer to be told the market is a seller's market when the buyer may believe otherwise -- especially a buyer who is trying to buy in a down real estate market.

Markets…

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