January, 2021 RSS Icon
Found 22 entries for January, 2021.

Check out Alice's Cascade Team Profile!

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 meet and exceed your expectations.  We look forward to the opportunity of working with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!

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The 2021 Real Estate market is off to fiery start! Inventory is low and homes that hit the market are selling for WAY over list price! Yesterday, I had my 1st sale of the year and as I reflect on last year with 44 closings, I know we are going to see a lot more inventory in the coming months. If you are thinking of buying or selling I would love to help! With 1% listing fees, I save my sellers a lot of $$ and I LOVE working with buyers as well. I am thankful for my clients in the past, present and future! Enjoy the weekend and Cheers to a great year ahead! Warmly, Hailey

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Virtuance, a national real estate photography, and visual marketing company announced today a partnership with The Cascade Team, a real estate brokerage with offices spanning six states. 

Through this partnership, thirteen of The Cascade Team’s offices will have Virtuance’s seamless real estate transaction process as an integrated service solution. Additionally, The Cascade Team agents can easily schedule all Virtuance real estate photography shoots through a single sign-on platform. 

Virtuance’s HDReal® Imaging System creates consistent, high-quality real estate photography resulting in more buyer engagement online. It is proven that listings featuring HDReal® images receive 2X more clicks than listings featuring other professional photos. 

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Sammamish was one of the hottest markets on the Eastside for 2020. Overall, there were substantial increases in price coupled with declining days on market and bidding wars often driving homes sales well above asking price.

Several neighborhoods such as Trossachs and Klahanie saw record prices for homes sold and also record increases in price per sq foot.

Here is a quick breakdown for Trossachs, Beaver Lake, Aldarra, and Klahanie.

So, What’s in store for 2021?

  •        All indications are continued price growth estimated to be at least 10% or higher.
  •        Bidding Wars and multiple offers on homes.
  •        Low inventory
  •        Low but slightly increasing interest rates

Take a look at the stats below for a full breakdown.

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Klahanie was one of the hottest markets on the Eastside for 2020. Overall, there were substantial increases in price coupled with declining days on market and bidding wars often driving homes sales well above asking price.

One example detailed below listed at $1.1 million and sold for $1,220,005 in only 6 Days on Market which equates to 110.91% of Asking Price!

So, What’s in store for 2021?

  •        All indications are continued price growth estimated to be at least 10% or higher.
  •        Bidding Wars and multiple offers on homes.
  •        Low inventory
  •        Low but slightly increasing interest rates

Take a look at the stats below for a full breakdown. Please remember that each home is different as are the motivations of each

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The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some of the biggest wins for homebuyers this season.

1. Mortgage Rates Are Historically Low

In 2020, mortgage rates hit all-time lows 16 times. Continued low rates have set buyers up for significant long-term gains. In fact, realtor.com notes:

“Given this means homes could cost potentially tens of thousands less over the lifetime of the loan.”

Essentially, it’s less expensive to borrow money for a home loan today than it has

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2020 was a unique one for real estate. Though the pandemic slowed the majority of the economy down, the housing sector boomed.

In fact, it saw almost unprecedented success. Buyer demand soared (up 40% at one point), bidding wars were a constant presence, and mortgage rates bottomed out — hitting a new record low more than a dozen times over, according to Freddie Mac.

The market even bucked the traditional fall slowdown, with unseasonably strong demand well into the cooler months. All this, despite an ever-worsening pandemic.

But now that 2020 is (finally) at its end. Will it be the end of the current housing boom as well?

Probably not!

According to experts, we can expect more low rates, still-rising prices, and a continued exodus to the

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KIRKLAND, Washington (January 6, 2021) – “Insatiable buyer demand” is keeping inventory scarce as house hunters try to outmaneuver and outbid each other, according to reports from Northwest Multiple Listing Service (NWMLS). Its statistical summary for December showed strong activity throughout the holiday season with double-digit increases in new listings, pending sales, closed sales, and prices.

Northwest MLS brokers added 5,260 new listings to inventory during December, a hefty 39.3% increase over the same month a year ago. Last month’s additions fell short of meeting demand as members reported 6,883 pending sales (mutually accepted offers). That number surpassed the year-ago volume by 940 transactions for an increase of 15.8%.

Pending sales

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Here is your chance to be part of an innovative Real Estate Brokerage that's changing how things are done!

The Ultimate Agent Experience!

Imagine having clients actually chase after you to list their home…. That's right! With The Cascade Team's Full Service platform, incredible value proposition, and full support YOU will have all of the tools to become the top listing broker in your neighborhood.... You get to be "That Agent" that everyone calls to list their home!

Then Having a company that invest $1,000’s upfront in you and the marketing of your listings without making a penny unless you sell homes!.... That’s right! A company completely and financially committed to YOUR success!

From Premiere placement on top real estate websites, paid

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Check out Billie's Cascade Team Profile!

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 meet and exceed your expectations.  We look forward to the opportunity of working with you on your next real estate transaction.

Download The Cascade Team Mobile App for Free!

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