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

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  • Ask for a Free Home Evaluation: A well-priced home will generate competing offers and drive up the final sale value. Our free market analysis takes into account the most actively searched prices and home values in the area and provides you with a detailed evaluation that puts it all in perspective.

  • Sell Your Home with a Local Real Estate Agent: Our tried and true marketing plan will take the guesswork out of selling your home.  The Cascade Team brokers use a combination of neighborhood-specific knowledge and the latest market analysis technology to provide you with the most accurate pricing structure and help you set up a plan to meet your personal home selling goals.

  • See What's on The Real Estate Market: Use the search tools on this…

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Guest Author, Michael Corbett, is host of NBC's Extra Millionaires & Mansions and author of the national best-selling book "Ready, Set, Sold!"

Every aspect of a listing’s marketing can impact its sale price, even the word choice. For agents,  making sure descriptions capture a serious buyers attention is key to getting your sellers the most money.

When describing a home, the details matter.  In the bestselling book Freakonomics, authors Steven Levitt and Stephen Dubner explain that “An analysis of the language used in real-estate ads shows that certain words are powerfully correlated with the final sale price of a house…. A ‘fantastic’ house is surely fantastic enough to warrant a high price, isn’t? What about a ‘charming’ and ‘spacious’ house in a…

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Sales for homes in King county rose by 7% compared with 2010 while the average price dropped an additional 10.7%

 Northwest MLS brokers report more than 56,000 sales during 2011,

KIRKLAND, Wash. (Jan. 23, 2012) – Members of Northwest Multiple Listing Service tallied 56,290 closed sales of single family homes and condominiums during 2011, improving on 2010’s volume by 4,290 transactions for a 7.4 percent increase.

Last year’s completed sales included 48,952 single family homes (up 7 percent from 2010) and 7,338 condominiums (an increase of more than 10 percent from 2009). Together, these sales were valued at more than $16.7 billion, about $900 million less than the previous year (a decline of 5.1 percent).

Both median prices and inventory…

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The Cascade Team / Bank of America Program

Daily Real Estate News | Wednesday, January 18, 2012

WordPress.org, Craigslist, Wikipedia, Moveon.org, Reddit, and Firefox browser creator Mozilla are among more than a dozen Web sites that are going dark on Wednesday for a 24-hour period to protest the Stop Online Piracy Act (SOPA) and the Protect Intellectual Property Act (PIPA), which critics say threaten free speech on the Internet. 

The antipiracy legislation is a move by Congress to crack down on the sales of pirated U.S. products overseas. But U.S. Web site makers say that the legislation infringes on their freedom of speech and could have potential widespread, negative…

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As of Monday January 16, 2011, the median price for a single family residential Carlsbad home has increased slightly to $620,000 with an average of 156 days on market, up 12 days from the last report.  About four weeks ago we saw a sharp drop in home prices, which could have been fueled by short sales and/or bank owned homes hitting the market, but we are now seeing a modest increase.  Days on market have held fairly steady over the last few weeks.  Inventory levels have been relatively consistent given the current sell through rate.  Despite the fact there is still a significant number of Carlsbad homes for sale, this buyer's market is starting to see prices stablize; however this could reverse very quickly if the housing market starts to show signs of…

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What Do We Offer Our Home Sellers...
Other Than Listing For A 1% Listing Commission

In short, our Seattle and San Diego home seller clients receive full service real estate listing representation for a 1% MLS listing commission.  We still always recommend our homeseller's pay the standard rate for the buyer's agent, but on average you will save 2% of your home's selling price by working with us.  Let us help you save thousands when selling your home, but more importantly, ensure that your are marketing your home for sale to maximize your exposure to all available buyers. We provide a full complement of internet and print marketing, which hits both home buyers and real estate agents alike, to get your home the exposure it needs in this competitive real…

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"Healthy marketplaces" emerging with shrinking inventory, favorable financing

KIRKLAND, Wash. (Jan. 4, 2012) – Home sales finished the year much stronger than they started, with pending sales for the fourth quarter outgaining the first quarter by more than 3,000 transactions for a 21 percent increase, according to new figures from Northwest Multiple Listing Service.

A year-over-year comparison shows December’s pending sales (mutually accepted offers) rose more than 20 percent from a year ago. Northwest MLS brokers reported 5,237 pending sales last month, up from the previous year when they recorded 4,359 transactions.

Last month’s pending volume exceeded the number of new listings (4,604) for the second consecutive month. The last time such…

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Just the headlines for now:

  • EXISTING U.S. HOME SALES REVISED DOWN BY 14% FROM 2007-2010
  • EXISTING HOME SALES REVISED DOWN BY 15% IN 2010 TO 4.19 MLN

Thank you NAR for proving what everyone knew: that the US housing market is one big lie. And next: here come the historical GDP revisions.

At The Cascade Team we have said all along... You NEED Real Estate Brokers to tell you the TRUTH and not the lie that you want to hear!!

The three charts that matter:

And the reasons for the "rebenchmarking"

  • Fewer FSBO home sales and more REALTOR®-assisted home sales (e.g., no net increase in home sales in a case where 80 MLS sales and 20 FSBOs shifts to 90 MLS sales and 10 FSBOs)
  • More Homebuilders seek REALTOR®-assistance in listing…

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Southern California’s real estate market is remaining geared towards home buyer's in the month of December. Prices have trended down quite sharply over the last couple of months, but it appears that Carlsbad home prices over the last few weeks have stabilized, at least temporarily.  We are hopeful this trend will continue and establish a floor for pricing on Carlsbad area homes.

As of Monday December 19, 2011, the median price for a single family residential Carlsbad home has declined slightly to $612,995 with an average of 144 days on market, down 5 days from the last report.  About four weeks ago we saw a sharp drop in home prices, which could have been fueled by short sales and/or bank owned homes hitting the market. Days on market have held fairly…

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