May 6, 2009 at 2:17 pm
· Filed under Market Update
Most first time home buyers are aware that the Federal Government is providing an $8,000 tax incentive to qualifying first time home buyers. Currently the IRS is allowing the $8,000 tax credit to be claimed on 2008 taxes is a purchaser has not owned a home in the last 3 ...
April 29, 2009 at 9:58 am
· Filed under Market Update
It is important to understand that there are many micro markets in real estate. When someone says that home prices are down 10% are they talking about homes across the US, within the state, in the city of Bellingham, or in your neighborhood? While real estate is affected at a ...
February 21, 2009 at 8:59 am
· Filed under Bellingham Condos, Fairhaven, Fairhaven Condos, Market Update
Being located in Fairhaven over the last 6 years I have become the local expert in Fairhaven condos. I was in Fairhaven before the real estate boom. At that time there were very few condos located within the downtown core of Fairhaven. During the real estate boom of 2004 and ...
January 29, 2009 at 3:11 pm
· Filed under Market Update
I have been selling real estate in Bellingham Washington for the last 6 years. During this time I have been successful selling homes when the market goes up and when the market goes down. Despite the recent down turn in national real estate, Bellingham Washington has held up fairly strong. ...
September 9, 2008 at 11:39 am
· Filed under Market Update
1. The weak US dollar is positive for WA State because it makes exports cheaper and Washington State is the 3rd largest exporter in the US.
2. Washington State is a strong business to business provider and will be the last hit and last to come out of a slowdown of ...
July 30, 2008 at 9:37 am
· Filed under Market Update
What are the signs of a healthy real estate market?
One of the best signs of a healthy real estate market is number of months of inventory. The number of months of inventory will convey whether a real estate market is a buyer’s market, seller’s market, or balanced market. A balanced ...
May 10, 2008 at 6:59 am
· Filed under Market Update
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 ...