A Wide-Ranging Market Update

Today we’re excited to give you a closer look at each level of our real estate market. We’ll start
with the national market and drill the numbers down to the region, state, county, city, and even
neighborhood markets in our area.

Here’s an outline of our update, with timestamps so that you can skip ahead to the
section(s) that interest you most:
0:15- A quick look at interest rates
1:00- The year-over-year price change both nationally and by region
1:27- Home price changes by state
2:15- The National Association of Realtors’ predictions for home appreciation through 2022
2:45- Some quarterly stats for Whatcom County
3:15- Active listings versus home sales for Bellingham from 2014 to 2019
4:05- What pending ratios tell us about our market
5:17- Active listings versus pending sales for the Columbia District
6:00- Market activity for the last six months on Eldridge Avenue
6:35- Some final thoughts about the future of our market and how you can benefit from it

If you have a nonprofit organization and you’re interested in using our moving truck,
don’t hesitate to reach out. Also, if you’re interested in getting in shape, reach out to us
about a free $50 gift card from Fitness Gear and Training.

If you have any other questions about the market or about real estate in general, don’t hesitate
to give us a call or send us an email. I look forward to hearing from you soon.

360-303-1327 Info@JohnsonTeamRealEstate.com