Residential home sales in Bellingham are up by 2 homes from last year at this time and prices are up 4% compared to last March and they are up by 35 sales and about $14,000 from last months $304,794.
The number of sales has finally taken a turn upward with the beginning of Spring.
Interest rates are still low , I have heard predictions of 5% by the end of the year. This may be the best time to buy, while interest rates are still low. When interest rates go up your buying power goes down, so you might not be able to buy the home you want.
Let’s talk about where the market is headed. Is it better to rent or own? If you have any questions or want to see any Bellingham Real Estate feel free to email me at or give me a call at 360-739-6981
If you want to get your house to sell quickly, the best advice is to set the price right from the start. The homes that sell the fastest are the ones that are priced right out of the gate and are in good condition, a good location always helps.
If your looking to buy, have your pre-approval ready before you can make an offer on that home you really want. If your dream home is relatively new to the market be ready to pay full price, maybe even a bit more as the low number of homes for sale, and hungry buyers eager to get a new home is bringing multiple offer situations back to the market.