That is right, 1 in 10 homes are currently selling every month in Whatcom County. So what does it take to get your home sold right now with all of the competition? Not only do you need to be the BEST house in your price range, but you need to be the best priced as well.

As for some better news, home prices in Whatcom County have increased since last year. 3rd quarter volume sales are up this year and nearly as strong as 2006. The Federal Reserve is working hard to keep interest rates low. As of today, the typical interest rate on a 30 year fix is around 6.375%.

The other market factor that we currently have going on is the strength of the Canadian Dollar. It is true, the Canadians are coming. The strength of the Canadian Dollar combined with high real estate costs in British Columbia and a buyers market in Whatcom County are providing a little needed stability to our real estate market. We will have to wait a couple of more months to see how this plays out.