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First of all I want to make it clear that this blog is intentionally working to be nonpolitical and non-partisan. We're just going to directly state the changes to the current tax policy, how they are projected to affect the average home owner or buyer and of course those of us in the Real Estate profession. And while countless Americans will be impacted by the new laws, both for better and for worse, homeowners in particular will see a number of key changes take effect in the very near future. If you own property, here's what you can expect. 

At the bottom of the page is a little more detail on three of the most important changes and how they affect Real Estate Transactions and Buyers and Sellers:

Increased standard deduction: The standard

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KIRKLAND, Washington (Sept. 6, 2017) – As smoke and ash blanketed parts of Washington state, one real estate broker noted, “Even in a fire there are some cooler spots, and seasonally, the housing market is in a cooler spot.”c

  • Pending Sales Exceed New Listings Again For August
  • Active Listings Down 12.8% Compared to Last Year
  • $1,000,000+ Homes Sales UP 52% Over Last Year

The latest numbers from Northwest Multiple Listing Service show there are both cooler spots and hot spots, with the demand for housing and prices showing few signs of being extinguished.

“For August, we experienced a more robust market than anticipated,” remarked Diedre Hanes, principal managing broker-South Snohomish County at Coldwell Banker Bain in Lynnwood.

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          Hello,  I hope you are having a great Fall and didn’t get to drenched trick or treating with your kids, I know we were soaked in less than an hour. This is an exciting time of year; leaves are falling, it’s snowing in the mountains and we had a crazy amount of rain over the weekend:)!
Below are some great articles on whats going on in the Real Estate world, a quick read on how Hip-Hop, fiction and games can teach kids financial literacy and a fun little blurb on tiny homes that move with you wherever you go.
Have a great month and please let me know if you have any Real Estate needs that I can help you with. The Cascade Team lists homes for 1%, and still offers full service, this saves you a lot of money in the…
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