Washington Post ranks Bellingham #2 America's Best Cities for Fostering Entrepreneurial Business - 01/27/12 11:11 AM
Bellingham shows up as  No. 2 , on  The Washington Post's rankings of America's best cities for fostering entrepreneurial business. Mount Vernon comes in at No. 17. The only other Washington city listed was Longview.
"Locally-owned businesses are at the heart of the American economy," the article says on the paper's Web site. "They create jobs, boost local economies and add vibrancy to nearby communities — and that is particularly true in the 25 cities on our list. These metropolitan areas, which range from bustling New York City to towns in central Oregon, are hotbeds for small businesses and local entrepreneurs."
They say that Bellingham: … (0 comments)

The government wants to turn foreclosures into rentals. - 01/18/12 03:12 PM
Government officials want to start a trial program to sell the homes that they own in bulk to investors who will turn them into rentals. That means Fannie Mae, Freddie Mac, and FHA homes in selected markets around the country. Their hopes are that getting these homes off the government's books, minimizing the losses and putting people back in them will help stabilize neighborhoods as well as housing values.
Fannie and Freddie combined have about 215,000 homes with more coming into foreclosure every day. This program could help get some of those homes lived in again and even help stabilize the … (0 comments)

Bellingham Real Estate Market Report - December, 2011 - 01/18/12 03:07 PM
Here's a quick analysis of the Bellingham Residential Real Estate Market
The graph looks like we bounced up a bit from last month, but we're still in a downward trend overall, and ended the year that way. I  think that what happens next year in the housing market will depend a lot on what happens in the economy in general, and even in the European economy as that will affect ours.
Stay tuned for 2012.
There is still a First Time Home Buyer Tax Credit Available through a program called the Mortgage Credit Certification. It is a Tax Credit paid on … (1 comments)

 
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Michael Eisenberg Bellingham Real Estate Broker

Bellingham, WA

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