As the median age of the U.S. owner-occupied housing climbs higher, analysts believe it signals growth for the remodeling market. Old structures normally require new amenities or replacement and repairs of older components, they explain.

"Rising home prices also encourage homeowners to spend more on home improvement," noted Na Zhao, senior economist at the National Association of Home Builders. Aging-in-place boomers are also expected to bolster spending on home improvement.

Citing data from the 2016 American Community Survey, the National Association of Home Builders noted half the homes in the U.S. were built before 1980. The median age of owner-occupied homes is 37 years,…

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Welcome To The Cascade Team Nancy Chung!

I live in Woodinville and I am  excited to soak up some knowledge from the team. My goal is to be a high producer. I have previous experience in property management and managing Condo HOA's. A fun fact about me is I recently hiked the Inca Trail to Machu Picchu. 

Nancy will be a wonderful addition to The Cascade Team and we look forward to seeing her success!

 

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…

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Over 37% Of Seattle Area Homes Take a Price Drop In Past 30 Days

In King County the number of homes for sale surged up 66% in the past year — and 86 percent just in the city of Seattle — the biggest rise in more than a decade.

Meanwhile, the share of homes with price drops has been posting year-over-year gains consistently since late March. Currently in just the past 30 days starting with September the 26th, 37.2% of Seattle area homes taken a price drop totaling the largest percentage in more than a decade for this statistic as well.

Note: “We define a price drop as a listing price reduction of more than 1 percent and less than 50 percent.”

After years of strong price growth and intense competition for homes, buyers are taking advantage…

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10 tips for guiding sellers through the choppy waters of a market correction

 

https://www.inman.com/2018/09/19/are-your-sellers-ready-for-a-buyers-market/

 

 Carl Medford, REALTOR, CRS

 

This year’s market is not the same as it was last year at this time. Here in the Greater Seattle Area, a region renowned for extreme inventory shortages, short days on the market, multiple offers and contracts way over asking price, everything has suddenly changed.

 

Everything, that is, except seller expectations.

How do you manage clients when the market suddenly develops into something they had not anticipated? Here are our top 10 recommendations for managing seller expectations when the market enters a correction.

1. Memorize the…

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Sure, apps are convenient, but buyers need the personal experience and expertise of a real estate agent, too.

Why work with a real estate agent in this internet filled world we live in? Let me put it this way: You could do a Google search for “Paris” but what if one of your good friends has been to Paris say, 20 times over the last few years? Isn’t it good to get advice from both? Sometimes the internet can be overwhelming with facts and data, and the use of a good reliable real estate agent can help you decipher which facts are the most important for you to know. Also, it’s one thing to see a property online, it’s another to stand in it physically and really get a feel for how big the space is, how much light it’s getting, and how close the…

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Welcome To The Cascade Team Shawna Stanley!

I live in south Snohomish with my boyfriend of 11 years – Chris Avery.  We are now ‘empty nesters’ as all our 4 children are in college or living on their own.  I left Microsoft about a year ago after working there for 17 years.  I wanted to leave the stress and long-hour position and take a break to decide what to do next.  This last year  I have been doing remodeling projects, sold and bought a condo and took some time to relax.  I have always loved looking and investing in real estate so thought getting my real estate license would be a great second career for me to pursue.  Now that I have my license I am excited to start with the Cascade Team!

Shawna will be a wonderful addition to The Cascade…

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Welcome To The Cascade Team Michael Cannon!

Michael grew up in Spokane and has a strong background in both the corporate and small business worlds. His corporate experience includes leading teams and being responsible for very large government clients in the payments industry. As an entrepreneur, he's owned small businesses and been an investor in real estate locally. On top of his breadth of experience, Michael has volunteered on a number of boards and been very active in the community for many years, working on issues like homelessness, and education. As an active real estate investor, Michael is a great resource for investment properties, fix-and-flips, multi-family units, etc. and is skilled at representing buyers and sellers on the retail…

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  • House-hunters in Western Washington can choose from the largest supply of homes in three years.
  • New statistics from the MLS show prices appear to be moderating.
  • King County Housing Inventory has a 74.3 percent increase.
  • Mutually accepted contracts drop 14.8% as buyers adjust to more options.
  • For Buyers: “This is the best time in three years to be aggressive in the marketplace”

KIRKLAND, Washington (September 7, 2018) – House-hunters in Western Washington can choose from the largest supply of homes in three years, and they are facing fewer bidding wars, according to officials from Northwest Multiple Listing Service.

New statistics from the MLS show prices appear to be moderating (up about 6.7 percent overall), but brokers…

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Other brokerages are inconsistent with their commission rates...

With The Cascade Team, you will always know what you are getting!!!

Getting the most for your home or property means doing more than putting a "For Sale" sign out front. In a competitive market where new homes for sale are added daily, your listing needs to be seen in a variety of places in order to stand out. And sometimes the right buyer is waiting out of state, or even in another country. To ensure sure your home gets noticed and sells without a hitch for full market value, consider working with a top professional. It could mean the difference between no sale, and the payoff you've been waiting for.

A Full Service Real Estate Brokerage For Home Sellers

The Cascade Team…

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For the first time in nearly two years, the Seattle area no longer leads the nation in home price increases. The monthly Case-Shiller home price index, released Tuesday, showed Las Vegas now claims the title as the nation’s hottest housing market.

The Case-Shiller numbers don’t reflect the full scope of the slowdown however, do in large part to the fact that it includes a three-month moving average through June (things have cooled even more since then), and also because it reflects the entire metro area (Pierce and Snohomish counties haven’t slowed down quite as much as King).

A new analysis from Zillow, using more recent numbers, showed Seattle had the biggest slowdown in…

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