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

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Daily Real Estate News | Thursday, December 20, 2012

Inventories of for-sale homes have dropped significantly this year, helping to stabilize housing prices but also limiting the number of homes sold, The Wall Street Journal reports. 

The large inventory drops have been attributed to home owners waiting out the market for price increases, investors snagging up houses, fewer bank foreclosures, and builders curbing production.

But the low inventories are helping home prices to rebound. “Large drops in inventories have whittled away the discount at which foreclosures sell in many markets, which has further contributed to big price gains,” The Wall Street Journal reports. 

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During the process of buying or selling a home, our clients often learn about recommended or required repairs and upgrades. This can happen as a result of the home inspection as well as our expert knowledge of your market and comparable homes. Of course, the first thing homeowners or potential homeowners want to know is, "How much will that cost?"

The Cascade Team is pleased to offer our Residential Construction and Remodeling Estimates cost guide, which provides estimated cost ranges for repair and/or replacement of the major systems and components in a home. It also includes general guidelines for the life expectancies of those systems. This information can help your clients make informed decisions when they're considering home repairs or…

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Home prices are beginning to rebound with some areas increasing from 3% to 16% over the past 12 months. If you have not done an accurate check of your homes value in the past year, our FREE On-Line Home Value Analysis tool allows you to see exactly what your home value is doing.

It’s not a guess or Zestimate like Zillow. These are actual Sold, Pending and Active prices.  You can also see what home inventory levels area doing, Closed Sale price vs/ Asking Price and more!

It's absolutely FREE and there is no obligation. Fill out the form HERE to receive a real time MLS report on active and sold home in your area. See the sample report layout below.

Sign Up Below For Your FREE Home Value Report

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Shane and Anne are not only new to The Cascade Team, but to Real Estate completely..... Yet in 2012 (Thier first full year in Real Estate) Shane and Anne closed 24 transactions and have another 3 deals currently pending! What an amazing testiment to them and their hard work to get 27 Real Estate transactions signed around in their first full year! We are all so very proud to have you be a part of The Cascade Team. Agents like you are the key to our continued success!

That is truely fantastic work! I hope that everyone will take a moment to congratulate Shane and Anne.

Read more about Shane & Anne HERE

Cascade Team Real Estate agents spend their time serving customers, studying the market and touring homes, so they can provide the most accurate…

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The Cascade Team SOS Agent Designation

The S.O.S. designation is the highest honor a member of The Cascade Team Real Estate can earn. S.O.S. encompasses not only the strive and achievement of being among the top producing agents in sales, but also the commitment to the communities we serve and work in.

The S.O.S. designation is awarded to agents and brokers who ranked in the top 10% for sales company wide, “And”  who also demonstrated exceptional commitment to community. Holders of the S.O.S. designation are the cornerstone of The Cascade Team Real Estate. They continually give back through community programs like Project Crayon Drive to benefit Children’s Hospital, during the free holiday sleigh rides events, and within their local…

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Daily Real Estate News | Wednesday, December 12, 2012  

The housing market is changing, creating a “new playing field for home owners, who are finally able to sell, as well as would-be buyers who've been delaying a purchase in anticipation that prices would keep falling,” Money Magazine reports. 

Mortgages for home purchases are expected to soar 55 percent in 2013, according to forecasts by the Mortgage Bankers Association. 

“The days of buyers sticking it to sellers are over," says Tracie Peay, a Salt Lake City real estate practitioner.

Still, home sellers should keep their expectations in line: Price increases are to be modest and gradual. Fiserv forecasts home prices will rise 3.3…

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Residential real estate has become more complex over the years as a result of laws enacted to protect consumers' welfare. Here are 23 federal laws that play a part in residential real estate.

The article provides a nice and concise summary of the multitude of Federal laws that govern the various aspects of real estate transactions.  Needless to say, there are many. For further information on how these laws impact your real estate transactions, please contact your real estate broker with The Cascade Team and they will be happy to assist you!

 

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From: To-Quyen Yasui

“Our family was quickly expanding and outgrowing our small condo in the Issaquah Highlands.  The issue was that with the market having been on the downturn, we were fairly certain that in order to sell our home and buy a new one, we would need to come to closing with a significant amount of funds in order to sell our home without short selling.  When we were selecting Realtors to list our home, we knew we wanted to go with Matt Jensen.  Anywhere you walk within a 5 mile radius in the Issaquah Highlands, you see Matt’s real estate signs.  We quickly realized he would be the best person to advise us on what our real estate options would be with regards to our situation.  We went into our initial meeting, fully…

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By Wendy | Freshome

When buying a home most of us consider residential neighborhoods with traditional homes. Few would consider the idea of converting nonresidential structures into homes but there are those who are more adventurous. The range of unusual structures is broad; from grain silos to old fire towers architects have stretched their imaginations to create truly unique homes.

1. Airplanes

Boarding an airplane, one expects to travel somewhere.  No one expects a plane to remain firmly on the ground or to be home to its owner.  In Benoit Miss., after an ice storm destroyed her home, Joanne Ussery along with the encouragement of her cousin, took a decommissioned 727 and converted it.  With an investment of thirty…

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 By Rusty Weston | Forbes.com

They say wealth should be shared. After all, what good is having serious money without friends and family to help celebrate the high life?
Renting a party hall is practical but impersonal. For ultimate party privacy and exclusivity, homeowners have turned to posh, if not over-the-top party spaces with Oscar-worthy home theaters, glitzy ballrooms and great rooms that open into infinity pools or gorgeous bay views.

Read on for six of the most outrageous party rooms:

(Photo: Trulia.com)

Trophy Room, Las Vegas, Nev. Price: $16.5 million; many more pictures in the listing, 7000 Tomiyasu Lane
The Primm Compound, as it is known, sits on 10 acres, spans five buildings and 50 total rooms with…

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