This is your chance to own a special home!
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As a real estate professionals, we strive to keep in touch with our clients and provide them with information that we hope they will find useful. This newsletter is an opportunity to let you know about the state of the market and current trends. It may even touch on ways that you could enhance your home's value.  We hope the market data and articles will help you with understanding real estate today and help you with your real estate decisions. If you have any questions, please do not hesitate to contact us.
The Cascade Team Real Estate
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We are very happy to welcome Ed Belmudes to The Cascade Team. Ed will be opening and managing our new branch office in Leavenworth, WA. He is licensed in both Washington and in Oregon and comes to us from Coldwell Banker. We are very excited to be expanding into Eastern Washington and are joining the Central Washington MLS which will give www.TheCascadeTeam.com even greater exposure. Ed’s office will cover from Leavenworth to Lake Chelan, Wenatchee and more. If you have any referrals for clients looking for homes in that area Ed would be happy to hear from you.
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KIRKLAND, Wash. (Dec. 4, 2013) – Improving inventory, stabilizing prices, fewer short sales, and a healthy local economy are credited with keeping the real estate market "chugging along nicely" around western Washington, according to brokers with the Northwest Multiple Listing Service.
The latest figures from Northwest MLS show year-over-year gains in inventory (up 4.8 percent), pending sales (up nearly 1.6 percent), closed sales (up 5.3 percent) and median selling prices (up 4.86 percent).
Brokers reported 6,624 pending sales (mutually accepted offers) of single family homes and condominiums during November, improving on the year-ago total of 6,522 for a 1.56 percent increase.
Closed sales across the 21 counties…
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We are happy to Welcome Mark Chen to The Cascade Team! Mark will be joining our new Portland office with Marvin Von Renchler!
Here is a little bit about Mark:
I was born in China and came to the US when I was 6 months old. I grew up here in Portland. My father had a couple of family restaurants in Redmond, OR, Ontario, OR, and Vernonia, OR. So I've lived in those places for a little bit. I've also lived in Vancouver, WA for a few years. I am very familiar with the Portland metro area. Â I have a background as a Loan Officer and I was also doing Loan Processing. I started getting into investments with properties and I've bought a couple of houses. I…
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What does it mean for most new home buyers or those looking to refinance?
Most of the new regulations applied to mortgage lending will take effect on January 10, 2014. For consumers, loan applications taken on or after this date will be subject to the new rules. These new rules and regulations have been adopted by the Consumer Financial Protection Bureau (“CFPB”) and implement changes in the laws that govern mortgage lending, specifically Regulation Z and Regulation X, as mandated by the Dodd-Frank Act. (Officially, Amendments to the 2013 Mortgage Rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z)
As we approach January 10th, 2014, consumers may begin to see and hear a great deal…
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