November, 2018 RSS Icon
Found 4 entries for November, 2018.

 

Congratulation to all the agents at The Cascade Team Real Estate! The votes have been tallied and the winners are in and I'm pleased to announce the businesses Nextdoor voted as "2018's Neighborhood Favorites!"

Competing in the Home Services category: The Cascade Team Real Estate who can be found in 609 different neighborhoods around the country with over 113,000 neighbors sharing information has been selected the 2018 winner of “Best Real Estate Broker” by neighbors voting in the annual poll.

At The Cascade Team we understand first and foremost that it isn't about "Us". It's all about "You"! We are dedicated to giving each of our clients the best experience imaginable. Simply Outrageous Service isn’t just a catch phrase for The Cascade

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Latest Press Release from NWMLS November 6th 2018

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

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October 4th Latest Press Release from NWMLS:

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 a 78 percent year-over-year gain in King County. Despite improving selection in the central Puget Sound region, a dozen counties reported drops in the number of active listings compared to last year.

System-wide, the month ended with 2.56 months of supply

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Seattle-area home prices dropped more than anywhere else in the country, according to the new Case-Shiller home price index released Tuesday. The index showed the region’s largest monthly drop in home prices since the late stages of the housing bust.

Just this past May – which in hindsight appears to have been the peak of the current market – homes in Seattle were selling on average for 6.3 percent above the list price. Now, they’re going for 0.6 percent below asking.

The actual list price of homes is dropping at a similar rate. In all, sales prices have dropped nearly 7 percent, or $55,000, in Seattle since the spring.

The last time the average home here sold for below list price was during a brief lull at the end of 2014.

It’s important to

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