Bellingham Homes & Real Estate

The Bellingham area housing market hasn’t seen a home shortage like this in over a decade, if ever. There is less that 2.5 months of inventory currently in October. A number we have never seen in my time as an agent. What does this mean for you? Well if you are looking to sell, even going into the holidays, you are going to be getting top dollar for your home. The down side is competition is fierce for buyers. Homes are getting multiple offers and spending as little as a day on the market. Yes, even in October! If you are in the market to buy or sell, give me a call and let’s get our game plan together!

7 Most Competitive Housing Markets for Buyers Seattle is on the list! Supply is picking up, but so are rates. Are you in the market? Get your cards lined up so you can still get your dream home at low interest rates.

Better times for home-buyers will take a few years, experts say We've rapidly gone from a buyers market to a sellers market. When will things return? This is a great article from the LA Times about when they think we'll see a buyers market again. Not to say it still isn't a great time to buy! Interest rates have gone up a bit but they are still low compared to a few years ago. Buyers don't get discouraged, it's still a great time to buy. Shop around for that best APR and lock it in before it goes up more.

Home Sellers Take the Power Seat With homes to sell scarce in the marketplace, sellers are finding themselves in a better position then in previous years. Buyers are still eager and buying power is still high! Here in the #Seattle #Bellevue metro area this is most definitely the case. 

http://www.zillowblog.com/2013-05-30/4-real-estate-trends-for-summer-2013/ What should you expect this summer in the housing market? Pretty much more of what we've already seen in our market. Great short read from Zillow. Happy Thursday!

Dear Seller: Me, Me, Pick Me! Are you making an offer on a home this week? Here is what some people are doing to help their offer out!

http://realtormag.realtor.org/daily-news/2013/05/15/inventories-asking-prices-get-boost With the shortage of inventory we've seen offers meeting asking price. Chances are if you are making an offer in #Seattle or #Bellevue Metro areas you'll be competing with someone else. In places like #Sammamish, #Issaquah, #Redmond, #Kirkland home prices have been selling for 100% asking price. Just be prepared to go in with you best offer first if you really want the home! Have a Great Day!