If you look at Bellingham Residential Real Estate for December 2012 you can see the price and number of sales were up from last year but down from last month, continuing on that roller coaster ride of rising and falling prices.
Looking at the absorption rate chart you can see we are in a sellers market. Inventory or the number of homes for sales is still very low. Low inventory, creates scarcity and even multiple offers, which is great for sellers a little more stressful on buyers.
Interest rates are still at all time lows.
The fiscal cliff fiasco fiasco is over for a few months. Looks like business as usual in Congress, get us by for a few months at a time. There are lots of positive signs in the housing market, and many are predicting rises in price next year.
Looking for a great deal, they are still out there. Give me a call to help you find one.