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

Market Recap

A slight decrease in interest rates has raised cautious optimism – interest rates now sit at around 7.2%, in comparison to 7.8% in October 2023, and a continuation of that decrease would have a positive impact on the market in general. However, the decline in seasonal inventory continues to drive home prices upward, spurring an increase of 4.6% in prices from November 2022:

  • NWMLS brokers reported 4,367 closed sales in November 2023, which is a 16% drop from closed sales in November 2022 (5,194). However, this is a slight improvement from October’s year-over-year change in closed sales, which decreased 18% when compared to October 2022.
  • While most counties in the NWMLS report (19 of 26) saw a decrease in the number of homes…

2576 Views, 0 Comments

Homebuyers who brave the cold to get out there and shop for homes right are finding something strange, really good news!

First up, increasing inventory.

A new report has found that 7.5% more home sellers listed their homes in November than this same month last year. It’s actually “the first-time inventory has increased this late in the fall season since our records commenced in 2016. This turnaround is a big deal, “ending a four-month streak of annual inventory declines,”. Plus, seasonal housing stock in November increased by 2.4% above October levels, which is another first.

November saw the first annual growth in newly listed homes in 17 months. If you look at total inventory—of both new listings and old—that’s improved, too, with the…

2811 Views, 0 Comments

Thanksgiving is almost here! So, before you sit down and eat your Thanksgiving meal, let's find out how well you know your Thanksgiving history...

1. FACT OR FICTION: IN 1863, ABRAHAM LINCOLN BECAME THE FIRST AMERICAN PRESIDENT TO PROCLAIM A NATIONAL DAY OF THANKSGIVING.

2. FACT OR FICTION: NATIVE AMERICANS USED CRANBERRIES, NOW A STAPLE OF MANY THANKSGIVING DINNERS, FOR COOKING AS WELL AS FOR MEDICINAL PURPOSES.

3. FACT OR FICTION: ONE OF AMERICA’S FOUNDING FATHERS THOUGHT THE TURKEY SHOULD BE THE NATIONAL BIRD OF THE UNITED STATES.

4.FACT OR FICTION: THE TRADITION OF PLAYING OR WATCHING FOOTBALL ON THANKSGIVING STARTED WITH THE FIRST NATIONAL FOOTBALL LEAGUE GAME ON THE HOLIDAY IN 1934.

Ready to check your answers?


1. Fiction - George…

2654 Views, 0 Comments

With everything going on from Holiday parties to shopping and visits from the in-laws we know that it’s easy to turn away from listing and selling your home during the holidays. Plus, almost everyone says the market slows down in the Winter and you should just wait until Spring, right? WRONG!

While it’s true the market is usually slower around the holidays, the current market trends of constrained inventory and desperate buyers have in fact made the Holidays an excellent time to put your house up for sale. With fewer sellers listing during the Holiday period, buyers are left sitting around with pre-approval letters in-hand just starving for inventory!

Here are 5 TIPS FOR SELLING YOUR HOME AROUND THANKSGIVING

1. Make Curb Appeal a Top…

2692 Views, 0 Comments

Just Sold

Fun fact Wednesday- "Who you choose to work with matters"! We were under contract on this listing and the buyer's lender said it was impossible to close on the home and this would also put the buyers in jeopardy of losing their earnest money. cI called my preferred lender who I have worked with forever, who is solution focused and he encouraged me have the buyers (who were not my clients) call him. In the end, he was able to get US to the finish line and it only took 7 days to close!!! If you want to talk about market conditions and working with the best of the best, give me a call 714-655-0595. I would love to share all of my favorite people over coffee, including- contractors & lender info.

Warmly, 

Hailey Miller


2054 Views, 0 Comments

Home buyers and sellers face the prospect of major changes to how much and in what way they pay their real-estate agents, following Tuesday’s historic verdict against the National Association of Realtors and large residential brokerages.

Those changes could range from minor tweaks to the commission system to a more radical restructuring of the residential real-estate industry, such as more people buying homes without using agents or buyers paying their agents by the hour.

By way of a quick summary, a federal jury found NAR and large brokerages conspired to keep costs artificially high and awarded $1.8 billion in damages, which could be tripled to more than $5 billion under antitrust rules.

The Cascade Team provides buyers and sellers with…

6702 Views, 1 Comments

Overcome Your Fears About Today’s Housing Market.

You don’t need to be scared when buying or selling a home. Even though there are fears that can make things seem a little “Scary”, The Cascade Team is here to help clear away the cobwebs!

The truth is the only thing scarier than paying too high of a commission to sell your home… Is realizing that you don’t have too while getting even MORE service and support than most brokerages offer at a higher fee!

The Cascade Team Agents are Full Service. We are a real estate company like no other, because of the tools, service, and savings we provide our clients with. We understand that in today’s fast paced environment, we need to provide a high level of service, utilize technology to keep our clients up…

2252 Views, 0 Comments

Overcome Your Fears About Today’s Housing Market.

You don’t need to be scared when buying or selling a home. Even though there are fears that can make things seem a little “Scary”, The Cascade Team is here to help clear away the cobwebs!

The truth is the only thing scarier than paying too high of a commission to sell your home… Is realizing that you don’t have too while getting even MORE service and support than most brokerages offer at a higher fee!

The Cascade Team Agents are Full Service. We are a real estate company like no other, because of the tools, service, and savings we provide our clients with. We understand that in today’s fast paced environment, we need to provide a high level of service, utilize technology to keep our clients…

2955 Views, 0 Comments

The only thing scarier than paying too high of a commission to sell your home… Is realizing that you don’t have too while getting even MORE service and support than most brokerages offer at a higher fee!

Written by Jaime Dunaway-Seale

Nearly 3 in 4 Americans (71%) believe some properties are inherently more likely to be bewitched. Although hospitals, graveyards, and theaters are prime haunts for ghosts, so are American homes.

The turrets and trims of Victorian-style homes are most closely associated with haunted houses, but paranormal beings can take up residence in a variety of dwellings. Thanks to popular social media accounts such as Zillowtastrophes, the horrifying interiors of seemingly ordinary homes are just a click away.

More than…

2361 Views, 0 Comments


Homeowners Reveal the Frightening Facts About Haunted Houses:

Written by Jaime Dunaway-Seale

ARE HAUNTED HOUSES CHEAPER?

Nearly 2 in 3 home buyers (63%) would only offer below market value for a haunted home, with 1 in 3 (31%) offering at least $50,000 less and 1 in 9 (11%) offering at least $100,000 less.

UFOs sightings. Alien invasions. The zombie apocalypse. Paranormal beings are top of mind for many Americans in 2023.

With these topics dominating the cultural conversation — and the highest levels of government — belief in the supernatural is growing. Three-fourths of Americans (75%) think otherworldly beings exist — a 9% increase from 2022, when 69% said the same.

As Americans increasingly consume paranormal media on their…

2863 Views, 0 Comments