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Is it a bad time to sell a home in Bellingham?

By
Real Estate Agent with Ben Kinney Team

I have been reading the Bellingham Herald for years.  Watching the news and listening to people talk about how bad the Bellingham real estate market is.  So I thought I would take this opportunity to vent and share some facts. 

Here is the bottom line!  Bellingham homes are still selling and the average selling prices are up for the year.  So where is all of the fear and drama coming from?   The biggest problem we have is that there are 3 times the amount of homes on the market compared to 2 years ago. 

The secret to selling a home in the Bellingham Real Estate market is to make sure that your home stands out amongst the huge amount of housing inventory.  There are three factors that determine if a home will sell in our market.  How is the home priced, how well does the home show, and how aggressive the home is marketed.  If any one of the three factors are not correct you will not be able to sell your home for the most amount of money in the shortest amount of time.

When you decide that you want to sell try to avoid the media and try to hire an agent that understands the economy and the Bellingham Real Estate market.  If you hire someone that is optimistic and realistic you have won half of the battle.  Happy Selling and stay tuned for pricing, staging, and marketing recommendations!

 

David Helm
Helm Home Inspections - Bellingham, WA
Bellingham, Wa. Licensed Home Insp
Hi Ben, I think that the Herald just primarily publishes sydicated columns from national sources.  Real estate is local.  What goes on in Connecticut has nothing whatever to do with what goes on in Bellingham.  I recently sold a rental home in the Bellingham market.  It was on the market for three weeks, got a full price offer and made 35% profit in two and a half years.  The reason most homes take so long to sell is that the sellers still think its a sellers market.  Price reasonable (but make money) and do the other things you mentioned and your house will sell.  I don't know the exact figures but the local market, while down from last year, is, I believe, still hotter than it was three years ago.
Dec 02, 2007 02:36 PM