Uncategorized 2018 Market Review 2018 Whatcom County Market Review Print
Uncategorized Why is there no inventory? I hear it often…Why are there no homes for sale in Whatcom County? Many sellers are afraid to list their homes out of fear of selling quickly with no place to move to. Baby boomers are not retiring. Staying in their homes longer means less supply. Remodeling is on the increase as an option to […]
Uncategorized Today’s interest rates   Primary Mortgage Rates Survey (updated every Thursday)  Source:  Freddie Mac      December 14, 2017  30-yr FRM  15-Yr FRM  5/1-Yr ARM  Average Rates  3.93%  3.36%  3.36%  Fees & Points  0.5  0.5  0.3  Margin  N/A  N/A  2.75
Uncategorized What can we expect in 2018? ….by Matthew Gardner (Windermere’s chief economist)   It’s the time of the year when I look deep into my crystal ball to see what’s on the horizon for the upcoming year. As we are all aware, 2017 has been a stellar year for housing across the country, but can we expect that to continue in […]
Uncategorized Bellingham Rental Regulations The Bellingham City Council will meet Monday to consider city staffs’ proposal for additional rental regulations.  The new regulations have the following provisions:1)  Landlords are no longer able to consider sources of legal income – including Social Security, public assistant, retirement funds, etc.  Landlords will also not be able to state in advertisements phrases such as […]
Uncategorized Interest Rates will likely go up this week https://www.washingtonpost.com/politics/why-so-few-are-worried-about-likely-fed-rate-hike-this-week/2017/03/13/be6bde7a-0804-11e7-bd19-fd3afa0f7e2a_story.html?utm_term=.c7cf178bbf9b
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Uncategorized To list or not to list now? Wait until spring to list or list now? Watch this short video to see 10 ways why you  might want to list now.
Uncategorized Today’s interest rates Today's Interest Rates December 10, 2015     Loan Category Rate* APR 30 Year Fixed 4.000% 4.071% 15 Year Fixed 3.250% 3.369% 30 Year Jumbo 4.000% 4.013% 15 Year Jumbo 3.625% 3.647% 30 Year FHA 3.625% 3.778% 30 Year VA 3.625% 3.778% 7 Year ARM 3.500% 4.822% 5 Year ARM 3.250% 4.766%   *Rates above […]
Uncategorized Install Carbon Monoxide Detectors…It’s the law! Did you know that WA State law requires that you install Carbon Monoxide Detectors prior to transferring property to the new buyer? Here is the rule… The number of CO monitors required in any given home (new and resale), and the location of those monitors, is controlled by regulation adopted through the state building code.  WAC 51.51.315 provides: […]
Uncategorized Whatcom County Real Estate Update I just prepared this report tomorrow and will be sending it out in my newsletter.If you would like a free copy of my newsletter simply give me a call or send me an e-mail requesting to be added to my mailing list. Sept Newsletter
Uncategorized Why not FSBO? According to the National Association of Realtors, FSBOs typically have a lower median selling price:$208,700 compared to $235,000.Thus the typical agent-assisted home sale typically has a 13 percent higher sales price than the typical FSBO sale. In addition to having much less to worry about, not having to go through all the work yourself, & having legal […]
Uncategorized Interest rates….on fire sale! Interest Rates
Uncategorized WA State Home Price index This is a really interesting graph. It shows the average price of homes by year in WA State. Notice the trend. Great news if you're a homeowner as values are approaching levels we saw before everything tanked. It's about time![/caption]
Uncategorized Whatcom County Vacancy Rates It's a fantastic time to own rental property in Whatcom County. Look at the latest vacany rate report from Windermere Property Management. Vacancy Rate Flyer 12_29_14  
Uncategorized Interest Rate Update Program                                        Rate                      FHA / VA  –  5/1 ARM     2.75% 15 YR FIXED     3.25% 30 YR FIXED     4.00%        5/1 ARM     3.00% INVESTMENT 30 YR FIXED     4.25% USDA/VA/FHA FIXED     3.625% JUMBO 5/1 ARM     2.75% JUMBO 30 YR FIXED     4.00%  
Uncategorized The accuracy of real estate websites MLS-powered local brokerage sites enjoy three major advantages over portal sites (sites such as Zillow and Trulia) Brokerage sites show 100% of the agent-listed homes for sale, compared to only 80% on portal sites. Brokerage sites show new homes for sale 7 to 9 days earlier than portal sites. 36% of home listings that appear […]
Uncategorized Time to list! It's definitely go time in Whatcom County. Lots of activity in the real estate market right now. New listings coming on daily and buyers are out and about shopping with the improved weather and spring in the air. With lower than average inventory we're seeing some new life in homes that are higher in value and […]
Uncategorized I need buyers! It will be interesting to see how this month finishes but I think it's fair to say it was a pretty slow month for real estate in Whatcom County. There is a shortage of inventory which may be contributing to fewer homes pending but we are definitely lacking buyers. Even on some of the lower […]