Bellingham Housing Market - 09/17/08 01:53 PM
Wow, what a ride!
Our local sales volume is down. No question about it! On average about 25% down from this time last year. Why? Unsettled lending environment, gas prices, anxiety, unemployment up...  However, our home values are holding pretty well.  Our inventory it down from last year as well, which keeps us close to an even buyer/seller market.  Hence, the values staying close to normal.   So, it is time to buy with the rates going down, the credit belt loosening back up, and lots of good inventory.  Time to sell? Yes values are holding and there are buyers...buying everyday!
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Elaine_3

Elaine A. Cook-Bellingham Real Estate

Bellingham, WA

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Connect Realty.com

Address: 1313 E Maple St, Suite 521, Bellingham, WA, 98225

Cell Phone: (360) 441-5882

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