Here’s a quick look at the Bellingham Real Estate Market Report for May 2020 for residential home sales.
The number of residential sales for the month was 57 that is 24 less than May 2019 and the same as last month.
The average sales price of $595,968 is down 1% compared to last May and down 1% compared to last month.

The number of homes for sales last month was 118, there are now 2.1 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 2.1 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are only 113 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 1 home on the market under $300,00 and as of today at $214,999 for a manufactured home on a .85 acre lot a little outside of town.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

If you don’t have it yet, start gathering the documents you will need to get one, which is usually 2 years of tax returns and 2 or 3 months of pay stubs. Check with your preferred lender or let me know if you need a recommendation to a good lender.

Want to learn more about the market let’s talk! If you have any questions or want to see any Bellingham Real Estate feel free to email me or give me a call at 360-739-6981

Click Here to find the Value of Your Home

To see the extensive Bellingham Real Estate Market Report for April – Click Here

Here’s a quick look at the Bellingham Real Estate Market Report for April 2020 for residential home sales.
The number of residential sales for the month was 57 that is 24 less than April 2019 and 6 less than last month.
The average sales price of $502,942 is down 10% compared to last April and down 8% last month.

The number of homes for sales last month was 131, there are now 2.2 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 2.2 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are only 131 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 2 homes on the market under $300,00 and as of today the least expensive home on the market is $189,000 for a home with a peek-a-boo view of Emerald Lake.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

If you don’t have it yet, start gathering the documents you will need to get one, which is usually 2 years of tax returns and 2 or 3 months of pay stubs. Check with your preferred lender or let me know if you need a recommendation to a good lender.

Want to learn more about the market let’s talk! If you have any questions or want to see any Bellingham Real Estate feel free to email me or give me a call at 360-739-6981

Click Here to find the Value of Your Home

To see the extensive Bellingham Real Estate Market Report for March – Click Here

Here’s a quick look at the Bellingham Real Estate Market Report for March 2020 for residential home sales.
The number of residential sales for the month was 55 that is 10 less than March 2019 and 6 less than last month.
The average sales price of $537,951 is down $1,576 compared to last March and sown 8% last month.

The number of homes for sales last month was 111, there are now 2 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 2 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are only 122 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 3 homes on the market under $300,00 and as of today the least expensive home on the market is $189,000 for a small tear down house on a busy street in the Roosevelt Neighborhood.

I believe that home prices will continue to rise as demand is still strong here in Bellingham. But it is a mystery as to what this pandemic we are facing will bring to the economy.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

If you don’t have it yet, start gathering the documents you will need to get one, which is usually 2 years of tax returns and 2 or 3 months of pay stubs. Check with your preferred lender or let me know if you need a recommendation to a good lender.

Want to learn more about the market let’s talk! If you have any questions or want to see any Bellingham Real Estate feel free to email me or give me a call at 360-739-6981

Click Here to find the Value of Your Home

To see the extensive Bellingham Real Estate Market Report for February – Click Here

Here’s a quick look at the Bellingham Real Estate Market Report for February 2020 for residential home sales.
The number of residential sales for the month was 61 that is 5 more than February 2019 and 11 more than last month.
The average sales price of $585,179 is up 3% compared to last February and up $17 from last month.

The number of homes for sales last month was 73, there are now 1.2 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 1.2 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are only 107 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 4 homes on the market under $300,00 and as of today the least expensive home on the market is $189,000 for a small tear down house on a busy street in the Roosevelt Neighborhood.

I believe that home prices will continue to rise as demand is still strong here in Bellingham.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

If you don’t have it yet, start gathering the documents you will need to get one, which is usually 2 years of tax returns and 2 or 3 months of pay stubs. Check with your preferred lender or let me know if you need a recommendation to a good lender.

Want to learn more about the market let’s talk! If you have any questions or want to see any Bellingham Real Estate feel free to email me or give me a call at 360-739-6981

Click Here to find the Value of Your Home

To see the extensive Bellingham Real Estate Market Report for January – Click Here

Here’s a quick look at the Bellingham Real Estate Market Report for January 2020 for residential home sales.
The number of residential sales for the month was 50 that is 7 less than January 2019 and 15 less than last month.
The average sales price of $585,162 is up 14% compared to last January and up 20% from last month.

The number of homes for sales last month was 83, there are now 1.7 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 1.7 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are only 69 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 4 homes on the market under $300,00 and as of today the least expensive home on the market is $199,000 for a small tear down house on a busy street in the Roosevelt Neighborhood.

I believe that home prices will continue to rise as demand is still strong here in Bellingham.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

If you don’t have it yet, start gathering the documents you will need to get one, which is usually 2 years of tax returns and 2 or 3 months of pay stubs. Check with your preferred lender or let me know if you need a recommendation to a good lender.

Want to learn more about the market let’s talk! If you have any questions or want to see any Bellingham Real Estate feel free to email me or give me a call at 360-739-6981

Click Here to find the Value of Your Home

How Solar-powered Household Items Make Green Living Easier

By Eugene Bryson

Tired of soaring electrical bills? Do you have too many household appliances jammed into too few electrical outlets?

There’s good news. Renewable energy is evolving, especially in the realm of household products and appliances that use the power of the sun to recharge. Using products that rely on solar power is a great way to reduce your monthly electric bill and to make green living easier.

Government statistics show the average electric bill for people in Washington State is $1,120 a year. Since many power providers burn fossil fuels, large amounts of pollution are pushed into the environment.

You can defray your dependency on the power company by going solar. Solar power offers greener, more-sustainable electricity, and is now available to recharge small appliances. These types of solar-powered products won’t take you off the grid the way rooftop solar panels can. But they can help reduce your electrical bill and decrease fossil fuel pollution.

Use the Daytime Sun to Light Up the Night

Solar

The most practical product to use solar power is outdoor lighting, some now with motion-sensing technology. These small, portable lights absorb the sun’s rays during the day and shine during the night. They can also come with sticky pads, so you can easily place them anywhere outside your home. They’re great for doors, windows, driveways, fence posts, or backyard gardens. They save power by acting as a dim safety light until they get brighter when they detect motion. Solar lights are affordable and offer greater security and safety for homeowners while saving energy and expenses from installing wired lighting around the house.

Make Use of South-Facing Windows

Every home has multiple phones recharging via their household power. Why not recharge them by harnessing the power of the sun? Solar phone chargers now come with a small panel that sticks to a sun-facing window. Use them at work or home to charge your phone.

Cutting the Grass

Source

Need a break from pushing a heavy gas-guzzling mower around your yard? Manufacturers have introduced solar-powered lawnmowers. These lightweight, fuel-free mowers have batteries that you can plug into a solar panel charging station. Many of them are also autonomous: They mow your yard while you sip iced tea in a lawn chair. No more oil and gasoline. A solar mower can save you money on fuel and electricity — if you’re willing to spend as much as $1,700 on one. Considering the average price for lawn mowing in Washington is about $44, it will take many mows to recoup your investment, but after that, it’s all green.

Cool It With House Fans

Another innovation that reduces dependency on electricity is the solar fan. These fans can be installed in open windows in bedrooms, in attics for vent fans, in bedrooms as ceiling fans, and in backyards as patio fans.

Sun-Powered Water Features

Running electricity to your lawn fountain can be expensive and labor-intensive. A solar-powered water fountain solves your problems. With solar, you can place your lawn fountain anywhere the sun shines. What better way to go green! A solar fountain looks great, sounds soothing, and provides drinking water for birds and bees. While electrically-powered fountains require a power-hungry pumping system, a solar-powered fountain needs only direct sunshine to operate.

So next time you plug in an appliance, think about how you can find a similar solar-powered version of that same product. Renewable energy products are now less expensive and more widely available. Some states, including Washington, have laws and policies that encourage and even offer incentives on the cost of materials and installation of solar products. By switching to solar, you can save money, make your home more attractive and marketable, and make green living easier.

Eugene Bryson is a freelance writer and part-time home inspector. As a Washington native, he roots for the Mariners to one day make it to the World Series.

To see the extensive Bellingham Real Estate Market Report for December – Click Here

Here’s a quick look at the Bellingham Real Estate Market Report for December 2019 for residential home sales.
The number of residential sales for the month was 65 that is 10 more than December 2018 and 13 less than last month.
The average sales price of $486,045 is down 8% compared to last December and up 16% from last month.

The number of homes for sales last month was 97, there are now 1.5 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 1.5 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are 82 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 6 homes on the market under $300,00 and as of today the least expensive home on the market is $199,000 for a small tear down house on a busy street in the Roosevelt Neighborhood.

I believe that home prices will continue to rise as demand is still strong here in Bellingham.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

If you don’t have it yet, start gathering the documents you will need to get one, which is usually 2 years of tax returns and 2 or 3 months of pay stubs. Check with your preferred lender or let me know if you need a recommendation to a good lender.

Want to learn more about the market let’s talk! If you have any questions or want to see any Bellingham Real Estate feel free to email me or give me a call at 360-739-6981

Click Here to find the Value of Your Home

To see the extensive Bellingham Real Estate Market Report for November – Click Here

Here’s a quick look at the Bellingham Real Estate Market Report for November 2019 for residential home sales.
The number of residential sales for the month was 78 that is 10 more than November 2018 and 2 less than last month.
The average sales price of $578,437 is up 17% compared to last November and up 8% from last month.

The number of homes for sales last month to 126 there are now 1.6 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 1.6 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are 109 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 5 homes on the market under $300,00 and as of today the least expensive home on the market is $199,000 for a small tear down house on a busy street in the Roosevelt Neighborhood.

I believe home price will continue to rise as demand is still strong here in Bellingham.

Interest rates are down. There are still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

If you don’t have it yet, start gathering the documents you will need to get one, which is usually 2 years of tax returns and 2 or 3 months of pay stubs. Check with your preferred lender or let me know if you need a recommendation to a good lender.

Want to learn more about the market let’s talk! If you have any questions or want to see any Bellingham Real Estate feel free to email me or give me a call at 360-739-6981

Click Here to find the Value of Your Home