Just Listed Blaine, Washington Duplex!

Welcome to 344 B Street in Blaine, Washington. Built in 2005 this 2,365 square foot duplex just hit the market for sale for $339,000

This duplex is an excellent investment opportunity or would make a terrific owner occupied unit. The units are built with low maintenance & economy in mind. Both units are very spacious with 1182 sq ft of living space. The gas fireplaces are a nice touch particularly on crisp winter mornings & the gas forced air furnaces provide economic heat throughout the year. The units are conveniently located to I-5, Peace Arch park, down town or Blaine High School.

Additional Information

Taxes: $2,578
Lot Size: 0.21 Acre (9,198 SqFt)
Exterior: Metal/Vinyl
Heating/Cooling: Forced Air
Roof: Composition Roof
Flooring: Vinyl Floor, Wall to Wall Carpet

For additional photos, a virtual tour or to schedule a showing of 344 B Street in Blaine visit our website, call us toll free at 1-888-713-3056 or email us at Info@JohnsonTeamRealEstate.com. We would be happy to help!

How Active is the Bellingham Real Estate Market?

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more.

As of Saturday, February 21st the pending ratio in Bellingham was 41%. Click the links to view a report of how many homes are for sale in each area and price range and how many of them are pending showing just how active certain sectors of the market are.

Birch Bay has a pending ratio of 21%

The Ferndale pending ratio was 39%

The Lynden pending ratio was 36%

The Sudden Valley pending ratio was 30%

If you would like to search for Real Estate in Bellingham and Whatcom County that is currently for sale visit www.JohnsonTeamRealEstate.com where you can search for homes for sale in Bellingham and real estate around Whatcom County.

Bellingham Real Estate Residential Pending Ratios

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more.

As of Saturday, February 14th the pending ratio in Bellingham was 37%. Click the links to view a report of how many homes are for sale in each area and price range and how many of them are pending showing just how active certain sectors of the market are.

Birch Bay has a pending ratio of 20%

The Ferndale pending ratio was 35%

The Lynden pending ratio was 40%

The Sudden Valley pending ratio was 28%

If you would like to search for Real Estate in Bellingham and Whatcom County that is currently for sale visit www.JohnsonTeamRealEstate.com where you can search for homes for sale in Bellingham and real estate around Whatcom County.

Just Listed! Bellingham Active Living Condominium

Visit Lylene Johnson today from 1:00-3:00pm at her open house at  2112 Birch Circle in Bellingham. Enjoy this active living condominium bordering Whatcom Falls Park. Just listed for $235,000 this 3 bedroom, 2 bath, 1,700+ sq foot condo is a hidden gem!

The best of all lifestyles can be yours in this unique condo. Freshly painted interior spaces are large, open and well designed. A balcony deck and grass surrounded patio have privacy & a lovely view into Whatcom Falls Park. Recreation options are at your doorstep, with access to Park trails as well as the fully equipped Swim & Racquet Club. And the only traffic is from the few neighbors; most Bellingham residents don’t even know this complex exists. No age restrictions; come check it out!

Additional Information:

Taxes: $2,080
HOA Dues: $345
View: Territorial
Exterior: Wood
Fireplaces: 1 Fireplace
Heating/Cooling: Forced Air
Roof: Composition Roof
Flooring: Hardwood Floor, Laminate, Vinyl Floor, Wall to Wall Carpet

School Information:

District: Bellingham
Elementary: Roosevelt Elementary
Junior High: Kulshan Middle School
High: Bellingham High

To view additional photos, a virtual tour or to schedule a showing visit our website or call us toll free at 1-888-713-3056

Make Your First Home Purchase a Reality!

Buying your first home is a major life milestone.  Here are four routes suggested by People’s Bank Home Loan Center to helping make your home purchase a reality .
1. Focus only on what you need to start. Think of your starter home as a financial launch pad to the ideal home you’ll spend the bulk of your life in. Decide how long you want to stay in your starter. Then list your basic needs for space and location, and don’t worry about amenities.
2. Look at resale homes vs. new. New homes generally cost more than “existing” homes being resold by the resident owner. New starter homes can be hard to find, with most builders targeting upgrade buyers. An older home in a well-established neighborhood might give you what you need at a price you can manage, even accounting for renovations and repairs.
3. Be smart about location. Home prices and property taxes are higher in better neighborhoods and school districts. Why pay this premium if you find a nice home in a good neighborhood and it’ll be years before your kids are in school? Another consideration: if you find an affordable home farther from work, be sure to factor in the added commuting costs.
4. Get a mortgage pre-approval. With well-priced starter homes, you can find yourself competing with other buyers. See us for a mortgage pre-approval to strengthen your offer.

Thank you to People’s Bank Home Loan Center for the great tips!

Bellingham and Whatcom County Pending Ratios

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more.

As of Saturday, February 7th the pending ratio in Bellingham was 35%. Click the links to view a report of how many homes are for sale in each area and price range and how many of them are pending showing just how active certain sectors of the market are.

Birch Bay has a pending ratio of 23%

The Ferndale pending ratio was 30%

The Lynden pending ratio was 40%

The Sudden Valley pending ratio was 22%

If you would like to search for Real Estate in Bellingham and Whatcom County that is currently for sale visit www.JohnsonTeamRealEstate.com where you can search for homes for sale in Bellingham and real estate around Whatcom County.

A Mixed Bag- Bellingham and Whatcom County Real Estate Update

A Mixed Bag

Each month’s home sales are a reflection of market activity over the prior 6 weeks, and January is probably the best example.  It reflects the activity in late November and through December, when people are busy with holidays, family, friends & traveling…which means it typically has one of the lowest contracts written counts of the year.  January of 2015 has fit the mold, with sales down sharply from December:  a drop of 26% in number of homes sold between December and January.  Prices also dipped, dropping a bit over 6% across the county.

If we compare January 2014 to January 2015, however, we see that sales in Whatcom County are up overall by 11.4%, and while the average price climbed just 0.5%, the median was up 6.8%.  The most interesting part of the equation, however, was the dramatic difference between the different parts of the county.

The number of sales in Bellingham dropped by almost 16%, in Nooksack by 33% & in Mt Baker by 25%.  On the other hand, Ferndale & Lynden posted more than double their 2014 sales.  Why?

There are no definitive answers, but two possibilities may be the amount of new construction and the somewhat lower prices for similar homes in Ferndale & Lynden relative to Bellingham.

One thing to remember when looking at percentage changes between larger and smaller markets is the relative size of those markets.  Last month in Bellingham, there were 10 fewer sales than last year, resulting in the percentage drop of almost 16%.  On the other hand, just 3 fewer sales than a year ago in the Mt Baker area dropped the total sales number by 25%.

Since Bellingham is the single largest market in the County, it is likely to provide the most stable source to judge trends and changes within a market.  This is particularly true relative to prices.  The average price of a home sold in Bellingham last month was $318,898 (down 6.3% from 2014).  But…the median price of a home sold in Bellingham last month was $295,000 (up 1.8% from 2014).  So is the Bellingham market rising or falling?  Take a look at the table below.

In addition to looking at the changes in average and median numbers, one should look deeper into the distribution of the sales.  The average sale price was lower because there were about 80% fewer homes sold over $500,000.  The median price was up because homes under $500,000 sold for higher prices.  Why does this matter?  It matters because when you buy or sell a home and are trying to decide on an appropriate price, what is most important is the section of the market in which that house is located.

If you are a seller, the single most important decision to make is the price at which your house will be marketed.  Do your homework.  Pricing too high at the beginning can result in less at the closing and a longer time on the market than you could have had.

If you are a buyer, do your homework.  A well priced property will get the full price, because another buyer will recognize the value.  Don’t let your need to get a “good buy” lose the house for you.

And what does, “Do your homework” mean?  Look beyond the national, state, county or even city numbers telling the percentage of change in sales or prices.  Find out what houses as close as possible to yours in features and location are selling for and how long it is taking them to sell.  If you are a buyer, you need to be doing the same research.

Indications are that the market will continue in its gradual growth.  Interest rates are under 4%, loans are available with 3% down, inventory should rise as we go into spring and there is new construction available.  The brake on the good news is that inventory is lower than a year ago.  We’ll continue to keep you informed.

For more information on local Bellingham and Whatcom County Real Estate including additional charts and graphs visit our Bellingham and Whatcom County Real Estate Sales Breakdown page. Also, feel free to email us at Info@JohnsonTeamRealEstate.com or call us toll free at 1-888-713-3056

Salmon Fishery for the San Juan Island Region Closing Early

Did you hear the news? The Washington State Fish and Wildlife Department announced that Marine Catch Area 7 (The San Juan Island Island region) will be closing the salmon fishery starting this Thursday, January 29th. The season will then reopen for the weekends of January 30th-February 1st and February 6th-February 8th. The fishery was supposed to be a five month season ending on April 30th.

After the closure there is expected to be an announcement from Washington State Fish and Wildlife Department informing the public if additional days will be opened after February 8th.

Are you registered for any of the upcoming tournaments? You might want to check your dates. The Roche Harbor Salmon Classic falls within the reopen dates of of February 6th-8th and is still a go. However, the Anacortes Salmon Derby March 21-22 is in jeopardy with the closure.

Here’s to crossing our fingers that the numbers look good after the closure review and the Washington State Department of Fish and Wildlife will open up more fishery dates. In the meantime, happy fishing!

For more information and details visit the Washington State Department of Fish and Wildlife website.

Bellingham and Whatcom County Pending Ratios

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more.

As of Saturday, January 24th, 2015 pending ratio in Bellingham was 29%. Click the links to view a report of how many homes are for sale in each area and price range and how many of them are pending showing just how active certain sectors of the market are.

Birch Bay has a pending ratio of 22%

The Ferndale pending ratio was 19%

The Lynden pending ratio was 35%

The Sudden Valley pending ratio was 31%

If you would like to search for Real Estate in Bellingham and Whatcom County that is currently for sale visit www.JohnsonTeamRealEstate.com where you can search for homes for sale in Bellingham and real estate around Whatcom County.

Set Your Listing Apart By Using Aerial Drone Photography

The Johnson Team is excited to announce we are now using the aerial drone photography in marketing our listings for sale. Do you own a unique property where a conventional still photo just doesn’t capture the home’s features or location? Drone technology allows us to capture full aerial views of homes, property and the views that surround them.   Here’s a couple of shots taken last week of our listing at 1481 Island View Drive in Bellingham.

As you can see, on  a clear day, you can see forever & when it’s stormy, you can see the elements at their most exciting. This incredible home is tucked away in one of Bellingham’s best kept secrets, sitting directly above the confluence of Bellingham Bay & Nooksack. Built with love by master craftsmen, it is a work of art, with awesome woodwork & tile detailing from the tower aerie to the fabulous kitchen, mater bath & basement family room.

Aerial drone photography allowed us to capture the raw beauty that this property has to offer in a way that was not available to use in the past. Do you have a property that you are interested in selling? Contact the Johnson Team Real Estate to learn how we can put Aerial drone photography to work in marketing your home or property. Email today at Info@JohnsonTeamRealEstate.com or call us toll free at 1-888-713-3056, we’d be happy to help!