ONE STEP CLOSER FOR SNOQUALMIE AFFORDABLE HOUSING PROJECT

Posted by Diego Vitelli on February 5th, 2018

Conditional Use permit approved - Snoqualmie Affordable Housing Project finds itself one step closer to reality.

     In Danna McCall's recent article in Living Snoqualmie, she details that the proposed Snoqualmie Valley affordable housing project has moved one step closer to reality. 

"The City of Snoqualmie posted a Notice of Decision this week stating that a Hearing Examiner has signed off on a Conditional Use Permit requested by Panorama Apartments, LLC for their proposed 191-unit Affordable Housing development to be located in the Eagle Pointe neighborhood of Snoqualmie Ridge. Panorama is a subsidiary of DevCo, which also built Discovery Heights in the Issaquah Highlands". You can read the full details of her story HERE. 

I think…

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FIVE REASONS TO SELL YOUR HOUSE WITH NW REAL ESTATE - THE CASCADE TEAM

Posted by Diego Vitelli on March 15th, 2017

FIVE REASONS TO SELL YOUR HOUSE WITH NW REAL ESTATE - THE CASCADE TEAM

 In today's market there is plenty of chatter about how strong the market it, how little inventory is and how hard it is for buyer's to find a home. It would make one think that putting sign out in the their front yard would be all they needed to do. This isn't the case at all though many potential sellers are being pulled by online advertising that speaks to how easy and simple it is. Let's be clear, it's not that easy and not that simple.

Others are being pulled by agents representing full price brokerages through promises of services we either offer at no additional cost or that they say 'they are paying for' but in reality the client is paying for that added service in the…

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SNOQUALMIE RIDGE HEADLINES

Posted by Diego Vitelli on January 26th, 2017

 

 SNOQUALMIE RIDGE HEADLINES

2017 looks to be one of the biggest years for home sales on record! Whether you are selling, thinking of selling, or happy to be in your home for the foreseeable future it’s always important to know what’s going on in your local housing market. Below are answers to some of the most often asked questions as well as some that may not be asked but are definitely of interest to people who live in an area that is diverse with builders of all different types of homes from entry level to high end custom. Let us know how we can help you have a better understanding of your home and your neighborhood or a home you are interested in Snoqualmie Ridge.
 

1. What was the average sales price for a home at Snoqualmie Ridge in 2016?…

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OPPORTUNITY AWAITS - WHAT'S BEHIND THE INVENTORY FOR Snoqualmie, North Bend and Fall City

Posted by Diego Vitelli on January 18th, 2017

Last week I did a blog about how incredibly low the inventory was/is in Snoqualmie Ridge, Fall City and North Bend (http://nwrealestate.thecascadeteam.com/blog/hows-the-inventory-snoqualmie-north-bend-and-fall-city.html). This week I wanted to put some interactive charts behind my numbers to really give a visual to people about just how low inventory is relative to a year ago. 2016 proved to be a record year with where sales prices reached. Much of it was driven by the extremely low inventory that was available throughout the year. You'll be surprised where the trend is heading into 2017 compared to where it was in 2016 and what that can potentially mean for the market in the year ahead and what it could mean for you if you choose to make this the year to…

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WHAT'S THE INVENTORY LIKE FOR Snoqualmie, North Bend and Fall City?

Posted by Diego Vitelli on January 10th, 2017

If the past is an indicator of the future, taking a look at inventory numbers from last year to current levels, we are seeing that low inventory pattern is still with us as we get the year started which is a good indication that 2017 could turn out to be another record year for home values increases. The last week of 2015 and first week of 2016 saw zero (that's right NO) inventory in all of Snoqualmie. This is an area with approximately 3700 homes as estimated by Snoqualmie Ridge ROA. This year the inventory is up a bit but still relatively low which will also help give an idea of a trend for 2017 where prices will push higher but not likely to be at the same jump year on year as they were on the previous year on year. The demand is still there, so if…

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US HOUSING MARKET FORECAST AND PREDICTIONS 2017

Posted by Diego Vitelli on November 10th, 2016

Here are our U.S. housing market forecasts for 2017.

Housing markets in a handful of metro areas will continue to sizzle in 2017, while the rest of the country could experience a cooling trend. Mortgage rates will likely hover in the 3.5% range for the short term, but could rise above 4% through the first half of 2017. Loan limits could also rise in some parts of the country next year, in response to rising home values.

Let’s take a closer look at these and other housing market forecasts and predictions for 2017.

1. Home prices nationwide to rise 3% – 5% over next 12 months.

In October, the economic research team at Zillow issued this 12-month forecast for the U.S. housing market: “United States home values have gone up 5.1% over the past…

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Snoqualmie Valley School District Graduation Rate Hits New High

Posted by Diego Vitelli on February 12th, 2016

February 7, 2016 by Danna McCall 1 Comment

When Mount Si High School Principal John Belcher spoke at the Class of 2015 Graduation ceremony last June, he said he felt very connected that class because they both started as freshman together – back in the fall of 2011 when he took over the reigns as principal.

Belcher said he challenged the class of 2015 with a goal – to have each and every one of them graduate on-time and together in the Mount Si stadium. If that lofty goal was achieved, it would mark a 14% increase over the [MSHS] Class of 2012 and be well-above the state average of 77%.

It seems they came pretty darn close.

The Snoqualmie Valley School District announced Friday, February 5, 2016, that its 4-year, on-time graduation rate…

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SEVEN UNWRITTEN ETIQUETTE RULES ALL HOME BUYERS SHOULD KNOW

Posted by Diego Vitelli on January 26th, 2016

You like being under a microscope? Whatever your answer to that question may be, you’d better get used to being scrutinized when you’re trying to buy a home. Your behavior can sway sellers to bestow their precious home on you—or pass you up for someone nicer or way less annoying.

Naturally, The Cascade Team is here to help! Just be sure to follow these heretofore unwritten rules of house-buying etiquette to stay in the good graces of all involved.

GET PRE-APPROVED FOR A HOME LOAN

Getting pre-approved and knowing exactly how much house you can afford before shopping for a home is key to winning over sellers, real estate agents agree.

“It is simply misleading to look at a home you don’t know you qualify for”. Yes, this is an…

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King County Home Prices Break Pre-Recession Record

Posted by Diego Vitelli on January 11th, 2016

 

Puget Sound area home sales, prices still strong as backlog of buyers compete for scarce inventory

• Average Home Price in King County Hits $508,000: (1st Time over $500k)
• Prices up 15.5% YTD
• Buyers Continue to Compete For Scarce Inventory
• King County now "Well Above" Pre-Recession Record for July 2007
  

KIRKLAND, Washington (January 6, 2016) – Home prices have "clearly recovered" in King County and a few other areas served by Northwest Multiple Listing Service. Many member-brokers say prices are likely to keep rising as a backlog of buyers compete for depleted inventory.

Those were among reactions from brokers upon reviewing the December statistics from the MLS. The latest report shows the year ended on a mostly positive note…

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