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Real Estate News

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

Found 5 blog entries about Real Estate News.

 

Congratulations to all parties! This beautiful home in Maplewood Heights/East Renton had to be sold twice! So happy for everyone involved!

Are you curious what your home is worth? Whether you are looking for the value of your existing home or for the new home you are looking to purchase, this report will provide you with actual active and sold MLS home information so you'll have "real" housing market data at your fingertips. Learn more.

If you are thinking of selling your home or buying we provide full service on both sides. With the adjustments in the market it is a great time to be a buyer. There is more inventory than we've seen in a decade. As a seller we can offer competitive fees and loads of marketing to get your home sold in

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KIRKLAND, Washington (November 6, 2018) - Seven months of steadily rising housing inventory reversed course in October when Northwest Multiple Listing Service brokers added the fewest new listings since February, according to a new report. MLS members believe the onset of wintry weather and transition to the holiday season are factors, but suggested the slower pace also signals improving conditions for house-hunters.

"After months of inventory growth that more than quadrupled the number of homes buyers have to choose from, things got back on a seasonal track with new listings and total supply falling in October," said Robert Wasser, a director with Northwest MLS, when comparing those metrics with September.

"Buyers are catching on to their

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Are your sellers ready for a buyer's market?

  • Inventory increases by 22.9 percent throughout Western Washington
  • King County leads inventory gains with 78 percent year-over-year increase.
  • Buyers could choose from 19,526 listings nearly double the inventory from February of this year

KIRKLAND, Washington (October 4, 2018) - Housing inventory continued to improve during September while the pace of sales slowed in many counties served by Northwest Multiple Listing Service. "Balance is finally returning to the market, and with it, slowing home price growth," stated OB Jacobi, president of Windermere Real Estate.

A new report from Northwest MLS shows double-digit increases in inventory in several of the 23 counties it serves, led by

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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, 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 of the market’s easing pressure by

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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 over a year ago.
  • 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),

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