Verrado newly listed homes has slowed over the summer as we currently sit at 63 active Verrado homes for sale (including 7 under contract but accepting back up offers), with 5 short sales and 3 REO lender owned homes.  There are now currently 34 pending with 14 homes new construction.  Overall, new construction home activity remains brisk, but overall the market has slowed due to the hot summer weather and a spike in interest rates.  Long term a move up in interest rates should allow for more balance in the market and allow inventory to catch up with demand.

Now when shifting over to sold homes in Verrado, we find a total of 80 homes sold over the last 90 days, up substantially from earlier this summer.  The average closed price of these

How to make your company irresistible to potential buyers

One of the biggest factors in determining the value of your company is the extent to which an acquirer can see where your sales will come from in the future. If you’re in a business that starts from scratch each month, the value of your company will be lower than if you can demonstrate the source or sources of your future revenue.  A recurring revenue stream acts like a powerful pair of binoculars for you – and your potential acquirer – to see months or years into the future; creating an annuity stream is the best way to increase the desirability and value of your company. 

The surer your future revenue is, the higher the value the market will place on your business. Here is the hierarchy of

About TCT Premiere 

Since 2006, The Cascade Team has utilized superior, proprietary technology, marketing, exceptional customer service and at a value becoming one of the fastest growing real estate transaction agencies in the states of Washington, California and Arizona.  Over the last six years as we have analyzed the services offered to the luxury home market consumer, it became clear that this would be our next market.  Thus TCT Premiere was born.  TCT Premiere combines our results producing innovations with extensive marketing in the most prominent real estate venues in the world.  Our properties have exposure in the luxury home market that is unprecedented.  You have an exceptional property, let us give you an exceptional service and

Follow & Review Us On:  

Average fixed-rate mortgages edged higher this week to the highest average in two years as speculation mounts that the Fed will soon taper its bond purchase program. 

The Fed’s bond-buying program had been keeping mortgage rates at or near all-time lows in recent months. But as the economy improves, the Fed has indicated that it will soon taper its program, which will likely send rates higher. 

The Federal Reserve released its monetary policy committee minutes for July this week, which indicated broad support among members to start