Market Reports

Sept. 10, 2012

Bellingham Real Estate Market Report - August, 2012

Bellingham Residential Real Estate for August 2012 looks like number of sales were up and and  price was up from last year and last month. If you take a look at the absorption rate chart you can see we are leaning toward a buyers market.

There are several factors I ...

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Sept. 10, 2012

Whatcom County Real Estate Market Report - August, 2012

Looks like Whatcom County real estate has turned back up just over $300,000 mark for sold residential homes. So we are up in price a bit over last month and 10.9% over last year.

Interest rates are still  incredibly  low and are expected to remain there for a ...

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Aug. 9, 2012

Bellingham Real Estate Market Report - July, 2012


July showed a downturn Bellingham Residential Real Estate. The number of sales were up and but price was down from last year and last month. If you take a look at the absorption rate chart you can see there is a balanced market.

There are several factors I think will ...

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Aug. 9, 2012

Whatcom County Real Estate Market Report - July, 2012


Looks like Whatcom County real estate has turned back under the $300,000 mark for sold residential homes. The number of sales is up considerably though.

Interest rates are incredibly  low and are expected to remain there for a prolonged period of time. I had a client get a rate ...

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July 6, 2012

Bellingham Real Estate Market Report - June, 2012

June was a good month for Bellingham Real Estate.  The number of sales were up and the price was up from last year and last month. If you take a look at the absorption rate chart you can see there is a balanced market.

There are several factors I ...

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July 6, 2012

Whatcom County Real Estate Market Report - June, 2012

Looks like Whatcom County real estate had a good month in June the price chart and this number of sales chart have been climbing and are also higher than they were at this time last year.

With the presidential election only four months away I think we'll see some ...

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June 22, 2012

Now in Western Washington: Low Inventory + Low Interest Rates

According to our Northwest Multiple Listing Service, a low inventory of homes for sale combined with record low mortgage rates are igniting Western Washington home sales.  In the 21 counties in the MLS market area, home inventory is down almost 28% from a year ago.  Locally, Whatcom and ...

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June 10, 2012

Bellingham Real Estate Market Report - May, 2012

Bellingham didn't do as well as Whatcom County, with both the number of sales and price both taking a sight slide, from last year at this time and from last month. With the inventory pretty low for this time of year and interest rates really low it will be ...

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June 10, 2012

Whatcom County Real Estate Market Report - May, 2012

It's easy to see that the number of sales were up a bit and the prices are down a bit  It's spring and summer buying season upon us. Interest rates have remained at an extremely low rate but may be on the rise due to what's going ...

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May 8, 2012

Bellingham Real Estate Market Report - April, 2012

Here's a quick analysis of the Bellingham Residential Real Estate Market for April 2012.

 

Could this really be the market turnaround. The stats are telling us it's a fairly balanced market with about 6 to 7 months worth of homes on the market. The graph also shows ...

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