Selling your home these days isn’t as simple as it used to be. With the explosion of real estate marketing on the Internet, prospective buyers can do their initial home shopping online. While this means that your listed property will be viewed by more prospective customers, it also means that many other properties will also be showcased, making for a much more competitive market.

While sales in the existing home market are expected to take a tick up early in 2019, there is a lot of concern about raising interest rates and economic uncertainty in the future. We are also looking for increasing inventory levels to start as early as March of this year with predictions of the greatest amount of housing inventory to hit the market in five years by May.

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Welcome To The Cascade Team Mike Eckhart!

We are very happy to welcome Mike Eckhart to The Cascade Team. Mike and his family live and work in the Puyallup area and will be a great resource for us in that area of the State. Mike is very involved in local youth sports and as a teacher. With a passion for people and Real Estate he will be a wonderful addition to The Cascade Team!

OUR LOCAL REAL ESTATE TEAM

Cascade Team Real Estate agents are proactive in serving their customers, studying the market and touring homes, so they can provide the most accurate housing market data for their clients. This helps you better understand the competitive environment, pricing strategies and provides an edge in the negotiation process.  Our goal is to always…

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Selling your home these days isn’t as simple as it used to be. With the explosion of real estate marketing on the Internet, prospective buyers can do their initial home shopping online. While this means that your listed property will be viewed by more prospective customers, it also means that many other properties will also be showcased, making for a much more competitive market.

While sales in the existing home market are expected to take a tick up early in 2020, there is a lot of concern about raising interest rates and economic uncertainty in the future. We are also looking for increasing inventory levels to start as early as March of this year with predictions of the greatest amount of housing inventory to hit the market in five years by May.

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Thinking of buying in 2019?  This might be your year!  The Northwest MLS January press release highlights how the market started out 2019.  Here are a few key points:

  •                 Increases in pending home sales of nearly 7.5% in King county, and 3.8% in Snohomish county
  •                 MLS members added 7,090 new listings of single family homes and condos during January, up from 6,805 in January 2018
  •                 16 counties, including all four in the Puget Sound region, reported more inventory than a year ago.
  •                 Prices have  increased area-wide with a gain of just over 5% on January’s 4,865 closed sales of single family homes and condos.

Read the full article below.

KIRKLAND, Washington (February 7, 2019) -…

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KIRKLAND, Washington (February 7, 2019) – Homebuyers around Washington state are making their
way back to the market, hoping to take advantage of improving inventory, attractive interest rates, and
more approachable sellers, according to officials with Northwest Multiple Listing Service.

Northwest MLS statistics for January show year-over-year improvement in the volume of new listings
and total inventory, along with moderating selling prices. Although fewer pending sales (mutually
accepted offers) were reported than a year ago (down about 3.3 percent), January was the smallest yearover-
year decline since May 2018 when the drop was about 2.7 percent.

Commenting on the MLS statistics summarizing last month’s activity, broker Gary O’Leyar said
January’s…

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In today’s changing market, there’s more to a successful

closing than just getting the offer accepted. Make sure you have an

agent capable of guiding you from start to close!

 

 

 

 

 

 

 

Once you've made an offer on a home and all contingencies have been met by both parties, closing on the property becomes final. Closing costs are generally 4% of your loan amount, but this can vary. To help get a sense of what's left to be done, here are 10 steps involved in closing the deal:

  1. Draw up a purchase offer with detailed contingencies in place
  2. Seller accepts the deal or counteroffers with contingencies and price changes of their own
  3. Submit your deposit, also known as "earnest money"
  4. Apply for your loan if…

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In today’s changing market, there’s more to a successful

closing than just getting the offer accepted. Make sure you have an

agent capable of guiding you from start to close!

 

 

 

 

 

 

 

 

 

Once you've made an offer on a home and all contingencies have been met by both parties, closing on the property becomes final. Closing costs are generally 4% of your loan amount, but this can vary. To help you get a sense of what's left to be done, here are 10 steps involved in closing the deal:
  1. Draw up a purchase offer with detailed contingencies in place
  2. Seller accepts the deal or counteroffers with contingencies and price changes of their own
  3. Submit your deposit, also known as "earnest money"
  4. Apply for your…

4067 Views, 0 Comments

In today’s changing market, there’s more to a successful

closing than just getting the offer accepted. Make sure you have an

agent capable of guiding you from start to close!

 

 

 

 

 

 

 

  1. Review Needs/Wants: Sit down and review your needs and wants. Prioritize wants, as you most likely won’t find a home that covers all of them.
  2. Assess Areas Of Interest: If schools or other amenities are important, be sure to assess those as part of your search.
  3. Setup Property Showings: Once you’ve defined your criteria and areas of interest, your Cascade Team agent will go to work showing you homes.
  4. What To Expect In The Process: The most important thing is for you to understand what to expect going through the…

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In today’s changing market, there’s more to a successful

closing than just getting the offer accepted. Make sure you have an

agent capable of guiding you from start to close!

 

 

 

 

 

 

 

 

 

 

  1. Review Needs/Wants: Sit down and review your needs and wants.  Priority wants, as you most likely won’t find a home that covers all of them.
  2. Assess Areas Of Interest: If schools or other amenities are important, be sure to assess those as part of your search.
  3. Setup Property Showings: Once you’ve defined your criteria and areas of interest, your Cascade Team agent will go to work showing you homes.
  4. What To Expect In The Process: The most important thing is for you to understand what to expect going through…

4234 Views, 0 Comments