The Cascade Team Real Estate Blog

  •          Double-digit price hikes were widespread.
  •          Mutually accepted offers surge 40.6% compared to February.
  •          The drop in the number of active listings between now and last year is extraordinary.
  •          Statistics show a 55.9% decline in total active listings, shrinking from 9,418 at the end of March 2020 to 4,153 at month-end March 2021.
  •          Seattle/Bellevue region now ranks #1 in technology office space leases, eclipsing San Francisco
  •          Median prices system-wide surged 19.5% compared to a year ago.

KIRKLAND, Washington – Brokers with Northwest Multiple Listing Service (NWMLS) added 10,562 new listings to inventory during March -- the highest volume since September when they added 11,210

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Dear Klahanie Homeowners,

You know the housing market is hot. You saw the white sign posted in your neighbor's yard and then noticed it disappear almost as fast as it appeared. You have heard rumors from neighbors about how much other Klahanie homeowners are getting for their homes. You checked Zillow and Redfin for your home value but wondered if their numbers can even keep up with this market. ProTip: You can get an instant valuation HERE or, for the most precise and accurate valuation, contact me HERE (or just text/call me at 316-737-8545) for free, no-obligation market analysis and valuation of your home. 

As a Klahanie resident, I am intimately familiar with the stats in our neighborhood. The fact is: we live in a VERY desirable community.

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Owning a home may be your dream, but in order for the purchase to be the happy and satisfying experience it was meant to be, you need to ensure that you are financially and mentally prepared for the responsibilities that come with it.

Some people have a notion that home ownership is like renting, but with the power to have pets and paint the walls whatever color you like. However, while these privileges are available to homeowners in most municipalities, they come with the responsibilities of a mortgage, taxes, and home maintenance. Preparing for home ownership requires you to take critical stock of your finances and your expectations.

CLICK HERE to search the current inventory of homes on the market.

Questions for Prospective Homeowners

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You may not have found a four-leaf clover or the end of a rainbow but you could still be sitting on (or sleeping in) your own pot of gold -- in the form of real estate. Whether you are an investor or simply own your own home, you may not realize that you have a tremendous amount of equity in your property. This is true no matter the size of your property or when you bought it. You may even be surprised by the incredible equity you have even if you just bought your home last year.

Let's get down to the facts from February 2021... 

Klahanie Houses

KLAHANIE IS HOT! In February 2021, Klahanie houses only stayed on the market for an average of 6 days! In actuality, this number would likely be even smaller but homeowners are choosing to wait for

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Without a doubt, the Pacific Northwest is an incredible place to live, work, and play. It's no secret that massive numbers of people have been Saying YES to the Houses in this area. This housing market has gotten so hot that Bidding Wars are expected on most homes that go on the market and homeowners can even Name Their Selling Price.  The latest stats for Klahanie, Issaquah, and Sammamish show the details of this crazy market and the expectation that this seller's market is likely to continue. 

Spring and Summer in the Pacific Northwest are simply unbeatable! Now that we are not under such strict quarantine, it's time to get out, explore, adventure, and enjoy the beauty that surrounds us! Issaquah, Sammamish, Klahanie, and the Eastside are such

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"And that's the iconic Smith Tower. When it was originally built, it was the tallest tower west of the Mississippi River." I can still hear my mom saying those exact words as we carted out-of-town family around Seattle pointing out all of the tourist and historical points of interest. I was never actually sure whether she was making up that story about the Smith Tower or if it was true, but I made the same statements as an adult when I drove out-of-town family members around the city.

Turns out: it's true. When it opened on July 4, 1914, the Smith Tower standing 486' tall (to the very tip) was the tallest building west of the Mississippi River. 

Now, YOU could be the proud resident in the pyramid-shaped penthouse of the iconic Smith Tower!

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Where are we?

Where are we going?

How much is YOUR house worth?

The top questions on every homeowner's mind ... How much is my home REALLY worth? To get a genuine answer, it takes more than a Zestimate or a search of the county records. It takes a skilled analysis and the value depends on the market - where we are, where we are going - and on the specific details of your house. I would be happy to meet with you for a free, no-obligation valuation of your home. You can also Name Your Selling Price HERE or get an instant valuation HERE. 

Let's take a quick look at some stats from January 2021:

Klahanie Single-Family Homes - The median sales price for a single-family home was $880,000. This was up 13.5% from January 2020. I keep a close

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Without a doubt, 2020 was a hard year. We are all very keenly aware of the unprecedented challenges, losses, and grief. Yet, even 2020 had so many silver linings. Personally, our family grew as our daughter was born and we were grateful for the extra time spent bonding with her and as a family. Nationally, communities rallied together by banging pots and pans outside of their windows in support of frontline workers. There were some beautiful moments.

  

There was also innovation. Gig jobs such as food and grocery deliveries boomed. Grocery stores (and their shoppers) learned the incredible value of curbside pickup. So many companies learned that their employees really could work from home and found ways to make it happen. In the midst of making

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For the eighth consecutive month, bidding-wars have exceeded 50 percent for all home sales, topping 70% in the Seattle area last month!

Despite the ongoing pandemic and in many ways because of it, 2020 was a record-setting year for home prices and sales in and around the greater NW. Some sections of the housing market increased by nearly 30%.

With record low inventory causing a housing shortage, we have many buyers out there looking. Due to the lack of inventory, I may just have a buyer for your home. All it takes is 30 seconds to fill out the form below. Let me know what price you would take for your home, and if I have a buyer, I'll let you know! To learn more about what I offer my home seller clients, CLICK HERE.

 Easy as 1,

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The SAY YES Moment

Maybe it was a dress, marriage proposal, new pet, or ... your new home! But what makes that one special and unique?

What makes you say, "YES!"?

In order to stay on top of a very fast-paced market, I have been touring several homes (generally multiple homes per day). While there are things I love about each home, I absolutely fell in LOVE with two specific homes this week. The curious part is that both homes were VERY different from one another.

  • The first one was very updated, staged, and included many Pinterest-worthy features. It had an amazing yard and great space both indoors and outdoors.
  • The second one still included its original 1990's features and thoughtfully displayed generations of love, family, and decor
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What's Your Home Worth? Find out instantly.

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