I follow the Bellingham real estate market very closely. As I was looking through the new homes that came on the market this morning, I was overwhelmed by the number of new homes priced way too high. The real estate market has begun to pick up, but by no means are things going gangbusters.

Note to Sellers

You need to be very careful when pricing your property in this market. Assuming that you have chosen to work with a knowledgeable real estate agent, you really need to listen to them. When they suggest a listing price, you should strongly consider their advice. The days of putting a steep price on a property to “see what happens” are long gone. I will tell you what will happen. Your house will not be shown by anybody and you will become very frustrated.

Good Deals Bellingham

There are some good deals on the market right now and some of the homes being listed today are great deals. I still feel firmly that the best deals are being offered by the motived sellers in this market. I suggest that you don’t fall into the trap of foreclosures and short sales. You will only end up wasting time and money. You are far better off working with a seller that has the financial capability to give you a good deal.

Subscribe to Find the HOT Deals

I am no longer publishing my Hot Buys blog. If you would like to subscribe to my list of hot buys in Bellingham. Send an e-mail to Ryan (at) RyanMartinRealEstate.com with HOT BUYS in the subject line and I will get you on the list.

That is it for now. Over and out.