Categories for Market Update

Bellingham Climate Action Task Force – Update

The Bellingham City Council, on May 7, 2018, adopted a Resolution stating that the City would, by 2030 and 2035, seek to achieve some very ambitious goals concerning use of renewable energy for, among other uses, transportation and residential construction (existing and future). The new Resolution mandated includes but is ...

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July Bellingham Real Estate Update

Inventory is up and demand has dropped. We are experiencing a decrease in multiple offers and the number of buyers participating in multiple offers. At month end, Northwest MLS reported 15,234 active listings and 1.5 months of supply. Although still a quick response market, with more new listings coming on ...

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Housing Market Update

  Lately, I’ve been getting asked a lot about why the real estate market feels like a pressure cooker situation. Why are we witnessing high levels of sales activity intensity for each new listing coming on the market? Here is a quick general update on what is really happening. We ...

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