•          Northwest MLS brokers report gains in new listings, closed sales, prices versus year ago.
•          A new report from Northwest MLS shows brokers added slightly more new listings last month (11,373) than a year ago (11,210).
•          Historically low interest rates and inventory shortages as factors contributing to a “very active market.”
•          The housing market intensity for each new listing will continue its upward trajectory as the first of the year approaches.
•          Shortage of supply still remains a significant issue.

KIRKLAND, Washington (October 6, 2021) – September’s housing market remained “very active” to “frenzied” around Washington state with brokers reporting year-over-year (YOY) gains in new listings,

• August show month-to-month drops in new listings, total inventory, pending sales, close sales, and median prices
• NWMLS statistics show the volume of new listings added during August declined from July (down 11.5%)
• “We are seeing homes stay on the market slightly longer and more instances of sellers overpricing their properties."
• Prices showed signs of moderating during August. The average price was down $10,000 from July.

Northwest MLS brokers say August housing activity follows patterns of seasonal slowing KIRKLAND, Washington (September 7, 2021) – August typically brings a dip in housing activity and this year was no different, according to representatives from Northwest Multiple Listing Service when commenting on newly-released

The only thing more scary than paying too high of a commission to sell your home… Is realizing that you don’t have too while getting even MORE service and support than most brokerages offer at a higher fee!

The Cascade Team Agents are Full Service. We are a real estate company like no other, because of the tools, service and savings we provide our clients with. We understand that in today’s fast paced environment, we need to provide a high level of service, utilize technology to keep our clients up to date at all times and provide added value to both buyers and sellers in the transaction. By leveraging these technological tools, it allows our agents to focus more of their time to servicing our clients, and also provide the most comprehensive

• About 45% of last year’s home sales had three bedrooms; of the condo component, about seven of every 10 condos (70.7%) had two or fewer bedrooms.
• The median price for a 3-bedroom home ranged from $182,000 in Ferry County to $624,500 in San Juan County.
• Of the condo sales, more than 55% were located in King County. 
• For the new construction component involving Northwest MLS brokers, newly built condos continued to fetch higher prices than single family homes. Last year’s sales included 10,944 newly built single family homes that sold for a median price of $550,000 and 979 condos that sold for a median price of $629,950. New homes in King County commanded the highest prices: $749,950 for single family homes, while newly built condos in

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• New listings dropped nearly 13% system-wide and 18.5% in King County.
• Pending sales rose nearly 6.6% in the Puget Sound region
• June and July were also lackluster this year with regard to listings

KIRKLAND, Washington (September 9, 2019) – Depleted inventory continues to frustrate would-be buyers in Western Washington. Many of these potential homeowners are expanding their search beyond the major job centers in King County, according to market watchers who commented on the latest statistics from Northwest Multiple Listing Service.

The MLS report summarizing August activity shows less than two months of supply system-wide, and only about 1.6 months of supply in the four-county Puget Sound region. The sparse selection is pushing up

Transparency in Commissions

Fact: Real estate brokers’ commission rates are not regulated in any state and are ALWAYS 100% negotiable.

When you decide to sell your house, if you are like most people, you will want to hire — or at least consider hiring — a real estate agent to handle the process.

Surprisingly, many people think that real estate brokerage commission rates are “set” in their area and they have to pay a specific percentage of the sales price to the agent in order to get their services. This is absolutely not the case.  In fact, you can pay whatever you and the agent have agreed upon.

What is a “Fair” amount to pay for real estate commission?

Many people hear the word “discount” company instead of a “traditional” company but

Recession fears are growing, and that may prompt some Americans—who are still haunted by the last one—to get skittish about the housing market. Don’t expect another “real estate fire sale” if the economy heads into another recession, economists say.

“This is going to be a much shorter recession than the last one,” George Ratiu, senior economist with realtor.com®, notes in a recent article at the site. “I don’t think the next recession will be a repeat of 2008. … The housing market is in a better position.”

Just 2% of economists, strategists, academics, and policymakers surveyed believe a recession will occur this year, based on a survey of more than 200 members of the National Association for Business Economics. Thirty-eight percent believe a

MLS director John Deely, principal managing broker at Coldwell Banker Bain in Seattle, described King County’s residential market as “balanced on a fulcrum between growth, stagnation, and decline.” New listings of single family homes (excluding condos) in King County dropped year-over-year and when compared to last month, he noted. Total active listings and pending sales both improved from a year ago, but slipped from June’s totals.

• Median price dropped 2.7%.
• Increased listing inventory from prior months put pressure on pricing,”
• Home Prices declined about 2.9% from June.

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Northwest MLS brokers report mixed activity during July, as volume of closed sales