Category Archives: Market Info

Last summer, a buyer client of mine chose for his first house a beautiful 2-story home in the Whatcom Falls neighborhood. The price was right on, it had been cleaned up and upgraded, and the buyer was pre-approved, ready to go, … Continue reading →

This graph shows one of the primary metrics of Bellingham’s real estate market: the number of months of inventory. It dates back to October 2008, and it doesn’t take a Harvard educated economist to tell it’s been on a steady … Continue reading →

I wrote last week about the difference between REO and Short Sales. I guess focusing attention on that category of homes had a “law of attraction” effect, because the last 3 offers I’ve written for buyers have been on Bellingham REO properties.   … Continue reading →

First American Title compiles this data monthly from actual recorded documents. They send it to us agents, and because I love this kind of information, I love sharing it with you. If you find this type of spreadsheet boring, I’m sorry. … Continue reading →

Every month, First American Title sends us at RE/MAX the sales data for the previous month. It shows monthly and year-to-date sales totals, average prices, volume change as a percentage — and all of it is broken down into property … Continue reading →

It’s a dream of mine to live with my family in a waterfront home on Lake Whatcom. I LOVE Lake Whatcom. I’ve paddled every inch of its shoreline many, many times over (Heather and I call that 25+mile workout the … Continue reading →

A few weeks ago we looked at Whatcom County real estate absorption rates — or how quickly the existing inventory in any given area was selling. The slowest-moving area in the County at the time was Mt. Baker/Deming, which had … Continue reading →

You may’ve read in last week’s news about the $56,600,000 penthouse condo that sold in Hong Kong , making it the highest priced condo anywhere in the world. Price per square foot was $11,350 and get this: The underlying property only … Continue reading →