Carlsbad Homes For Sale - A Real Estate Update

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 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 12, 2011, the median price for a single family residential home in Carlsbad has risen to $619,000 with an average of 149 days on market, up 10 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 steady over the last few…

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The Cascade Team 2011 SOS Winners!

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 schools,…

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A Perfect Evening!

Our Santa Holiday Event at Gilman Village was a total success!  The donuts were scrumptious, the coffee and the hot chocolate were perfect for the cold night and most of all the horse carriage rides and a visit with Santa topped the evening to perfection! Watch for more exciting holiday events in 2012!

CLICK HERE to see the Santa photos

Shane and Anne

206.915.7653

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4 Tips to Help Your Buyers Refine Their Home Search

Daily Real Estate News | Tuesday, December 13, 2011

Are your buyers having a tough time wading through the inventories of homes to find the right home? Kelly O'Ryan, an office manager with Coldwell Banker in Lexington, Mass., offered some of the following tips in a recent article at RISMedia to help your home buyers narrow their search when looking for properties: 

1. Have your home buyers make a list of all the must-haves for their future home, such as the number of bedrooms and school district they must have. 

2. Make sure your buyers get pre-approved for a mortgage by a lender. This will help ensure they don't look for homes that are only within their budget. Get Pre-Approved HERE and See Rates

3. Encourage your…

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More Owners Opt for 'Strategic Default'

Strategic defaults are on the rise due mainly to two factors: the growing number of mortgages where the outstanding balance is greater than the home's current market value, and continued high unemployment. 

A study by the Mortgage Bankers Association warns that the trend could have a significant harmful impact in certain markets.

"While the merits of such a choice can and will continue to be debated, what is indisputable is that the possibility to strategically default has certainly been brought to the attention of current homeowners like never before, with potentially negative consequences for housing markets," said Michael Seiler, who headed the study.

Source: "More Homeowners Opt for…

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Good News For King County Real Estate! Pending Sales Outpace New Listings for 1st Time in 5 Years!

Real Estate News BLOG

 KIRKLAND, Wash. (Dec. 5, 2011) – Northwest Multiple Listing Service members reported 6,103 pending sales during November, marking the seventh straight month of double-digit year-over-year increases.

At month end, there were 30,650 residential listings in the MLS inventory across 21 counties, down nearly 17 percent from a year ago. For the listing service map areas covering Seattle, the database shows a year-over-year drop of about 32 percent.

"Entering the New Year, the Seattle metro area will start off with a shortage of inventory in both the more affordable and mid-priced ranges," suggested J. Lennox Scott, CEO and chairman of John L. Scott Real Estate. He noted a high percentage of sellers are receiving offers within…

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Snoqualmie Christmas Event by The Cascade Team

Join The Cascade Team & The Snoqualmie Ridge ROA & The City of Snoqualmie for the Snoqualmie Holiday Tree Lighting

DATE: Saturday, December 3, 2011
TIME: 5:30pm - 8:00pm
Railroad Park Gazebo & Railway Museum
7971 Railroad Avenue SE

 More Details HERE

Children of all ages will enjoy this special evening of community holiday fun!

- Horse-drawn Carriage Rides
- Holiday giveaways from Downtown Merchants
- Santa's Arrival aboard the Snoqualmie Fire Engine
- Cookies, Cider, Caroling and Live Holiday Music
- Pictures with Santa and more!

In the spirit of giving, please bring a non-perishable food item to donate to
Encompass and the Respectful Giving Campaign

Special thanks to our event partners:
Carmichael's Hardware, The Cascade…

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'Every Day Is Black Friday' In Housing As Prices Tank, Case-Shiller Shows

By Agustino Fontevecchia |

Seattle Foreclosures

Housing markets remain deeply depressed, as the latest S&P/Case-Shiller Home Price Indices show.  September data, released Tuesday, show that prices continue to drift lower, with three cities posting new index lows, as real estate markets remain unable to shrug off a massive inventory of foreclosed homes and a weak economy.

National home prices fell at an annual rate of 3.9% in the third quarter, as real estate markets tread even lower.  The decline appears to be decelerating, as Q2 prices fell 5.8% on an annual basis while Q3 inched up sequentially 0.1%.

"Housing remains stuck in the proverbial mud," explained Gluskin Sheff's Dave Rosenberg.  Despite the annual index appearing to decelerate its…

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Welcome to The Cascade Team Julia Koh

Information is the key to effective decision making. Buying or selling, you have the right to the best and most current market information possible. Julia is dedicated to providing you with that information and keeping you informed every step of the way. She prides herself on being knowledgeable and staying current with changes in real estate law and Washington State regulations regarding real estate sales. Her loyalty and commitment to his clients is beyond question. 

A brief Bio

Julia has a BA in Finance and Marketing from the Curtin University in Perth, Western Australia. Julia started her career as a Corporate Tax Associate with Coopers and Lybrand. After 2years of that service, she ventured into financial journalism, writing for a financial…

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GOOD NEWS! Seattle Leads Nation in declining Housing Inventory!

www.TheCascadeTeam.com



Daily Real Estate News | Monday, November 28, 2011

The number of homes listed for sale in October reached its lowest level in more than four years, according to MLS data compiled by Realtor.com. 

About 2.12 million homes were listed for sale nationwide last month, which is down by 3.5 percent from September. And at year-over-year levels, that number is down by 21 percent.

Inventories are declining due to banks taking longer to process foreclosures and sellers taking their home off the market after seeing their properties linger or getting low-ball offers from buyers, according to Zelman & Associates. 

In October, housing inventories declined the most in: 

• Portland, Ore.: -6.9 percent
• Seattle: -5.3% 
• Dallas:…

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