Category Archives: Market Info

Running Out of Inventory

January 25, 2010
December 09 over 08

Every month, First American Title in Bellingham sends us the statistics below, showing all sales activity in Bellingham and the County areas. It compares December and year-to-date totals from ’08 and ’09. December of ’08 was grim, with the global markets … Continue reading


FHA No-Flip Rule Waived

January 21, 2010
dollar clock

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


How Many Months of Inventory in Bellingham?

January 08, 2010
Bellingham Home Inventory

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


It's A Freekin' REO FRENZY!

January 02, 2010
Lion

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


November Sales Numbers

December 17, 2009
November Sales Data

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


Year to date Bellingham Home Sales

December 12, 2009

Ahhh… statistics!!! If you love real estate, then you love statistics! Here’s an interesting batch of numbers now: Bellingham home sales, year to date, and a comparison of the same time period in ’08. This is just good, statistical fun! 2009 … Continue reading


Bellingham Home Sales for October

November 19, 2009
October 09 Sales Graph

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


Lake Whatcom Waterfront Home Sales

November 18, 2009
Lake Whatcom SUP

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


Human Hair Thickness vs. Bellingham Land Sales

November 04, 2009
Human Hair Thickness

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