Lynden Open House Saturday, July 1st


Join Mike Bredeson as he hosts an open house at 600 Dahlia St in Lynden this Saturday, July 1st from 12pm to 2pm.

This sweet 3 bedroom, 2.5 bath home is located right off Main Street in beautiful Lynden. Lots of upgrades including fresh carpet. A huge fenced yard for all the fun times and a private back deck make outdoor living a blast. Inside, there are both Living and Family Rooms, plus a dining room off the large kitchen. Gas heat plus a wood fireplace for the cool fall evenings. Lives much larger than the 2,058 Square feet and the flow could not be better. Move in ready!

For more information on 600 Dahlia Street in Lynden, visit our website today!

New on the Market! Lovely 3 bedroom, 2.25 bathroom Lynden Home

 Just listed for sale!  803 N Park Street in lovely Lynden, Washington.

$425,000, 3 bedrooms, 2.5 bathrooms, .23 acre lot

front house 1

This gorgeous, well-kept home in on of Lynden’s finest neighborhoods is sure to catch your eye. Great street appeal combines with a wonderful floor plan designed for easy living & entertaining. Whether it’s the gourmet kitchen with gigantic skylights, granite, stainless steel and spacious pantry, the two covered patios for relaxing outdoor barbecues or the larger fully fenced yard for your four legged friends it all adds up to a 10-star home one you’ll love to call your won.

Additional Information

  • Taxes: $3,225living room 1
  • View: Mountain, Territorial
  • Lot Size: 0.23 Acre (10,019 SqFt)
  • Garage Size: 2 Car
  • Exterior: Cement Planked
  • Fireplaces: 1 Fireplace
  • Heating/Cooling: Forced Air
  • Roof: Composition Roof
  • Flooring: Bamboo/Cork, Ceramic Tile Floor

School Information

  • District: Lyndendining kitchen 2
  • Elementary: Isom Elementary
  • Junior High: Lynden Middle School
  • High: Lynden High School

For more information on 803 N Park Street in Lynden visit our website today or call 1-888-713-3056.

End of June Market Update

Happy Monday!

The number of real estate signs you see in yards can be deceiving as to the number of homes actually for sale WITHOUT offers on them. If you are seeing new signs around your neighborhood and curious if any of those homes already have offers on them, we have your answers!

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, June 24th, the pending ratio in Bellingham was 52%. Click the links to view a report of how many homes are for sale in each area by price range and how many of them are pending showing just how active certain sectors of the market are.

The Birch Bay Pending ratio was 30%

The Ferndale pending ratio was 40%

The Lynden pending ratio was 49%

The Sudden Valley pending ratio was 51%

If you are thinking of selling your home or property, Johnson Team Real Estate would love to help! We are here to help you with all of your real estate needs! You can reach us toll free at 1-888-713-3056 or email us at

The TRUTH Behind the RENT vs. BUY Debate


The TRUTH Behind the RENT vs. BUY Debate | MyKCM

In a blog post published last Friday, CNBC’s Diana Olnick reported on the latest results of the FAU Buy vs. Rent Index. The index examines the entire US housing market and then isolates 23 major markets for comparison. The researchers at FAU use a “‘horse race’ comparison between an individual that is buying a home and an individual that rents a similar-quality home and reinvests all monies otherwise invested in homeownership.”

Having read both the index and the blog post, we would like to clear up any confusion that may exist. There are three major points that we would like to counter:

1. The Title

The CNBC blog post was titled, “Don’t put your money in a house, says a new report.” The title of the press release about the report on FAU’s website was “FAU Buy vs. Rent Index Shows Rising Prices and Mortgage Rates Moving Housing Markets in the Direction of Renting.”

Now, we all know headlines can attract readers and the stronger the headline the more readership you can attract, but after dissecting the report, this headline may have gone too far. The FAU report notes that rising home prices and the threat of increasing mortgage rates could make the decision of whether to rent or to buy a harder one in three metros, but does not say not to buy a home.

2. Mortgage Interest Rates are Rising

According to Freddie Mac, mortgage interest rates reached their lowest mark of 2017 last week at 3.89%. Interest rates have hovered around 4% for the majority of 2017, giving many buyers relief from rising home prices and helping with affordability.

While experts predict that rates will increase by the end of 2017, the latest projections have softened, with Freddie Mac predicting that rates will rise to 4.3% in Q4.

3. “Renting may be a better option than buying, according to the report.”

Of the 23 metros that the study reports on, 11 of them are firmly in buy territory, including New York, Boston, Chicago, Cleveland, and more. This means that in nearly half of all the major cities in the US, it makes more financial sense to buy a home than to continue renting one.

In 9 of the remaining metros, the decision as to whether to rent or buy is closer to a toss-up right now. This means that all things being equal, the cost to rent or buy is nearly the same. That leaves the decision up to the individual or family as to whether they want to renew their lease or buy a home of their own.

The 3 remaining metros Dallas, Denver and Houston, have experienced high levels of price appreciation and have been reported to be in rent territory for well over a year now, so that’s not news…

Beer & Cookies

One of the three authors of the study, Dr. Ken Johnson has long reported on homeownership and the decision between renting and buying a home. The methodology behind the report goes on to explain that even in a market where a renter would be able to spend less on housing, they would have to be disciplined enough to reinvest their remaining income in stocks/bonds/other investments for renting a home to be a more attractive alternative to buying.

Johnson himself has said:

“However, in perhaps a more realistic setting where renters can spend on consumption (beer, cookies, education, healthcare, etc.), ownership is the clear winner in wealth accumulation. Said another way, homeownership is a self-imposed savings plan on the part of those that choose to own.” 

Bottom Line

In the end, you and your family are the only ones who can decide if homeownership is the right path to go down. Real estate is local and every market is different. Let’s get together to discuss what’s really going on in your area and how we can help you make the best, most informed decision for you and your family. You can reach us toll free at 1-888-713-3056 or email us at

Homeownership Is a Good Financial Investment!

Homeownership Is a Good Financial Investment! | MyKCM

According to a recent report by Trulia“buying is cheaper than renting in 100 of the largest metro areas by an average of 33.1%.” The report may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective?

Ralph McLaughlin, Trulia’s Chief Economist explains:

“Owning a home is one of the most common ways households build long-term wealth, as it acts like a forced savings account. Instead of paying your landlord, you can pay yourself in the long run through paying down a mortgage on a house.”

The article listed five reasons why owning a home makes financial sense:

  1. Mortgage payments can be fixed while rents go up.
  2. Equity in your home can be a financial resource later.
  3. You can build wealth without paying capital gains.
  4. A mortgage can act as a forced savings account.
  5. Overall, homeowners can enjoy greater wealth growth than renters.

Bottom Line

Before you sign another lease, let’s get together and discuss all your options. Call us at (360) 303-2734 or email us at

Sunday, June 25th Open House!

House Front 4

Join Rich Johnson at 859 Chuckanut Drive in Bellingham on Sunday, June 25th from 12pm – 2pm.

 Exposed beams, vaulted ceilings, floors of wood, tile & concrete along with solid wood trim are the framework for this gorgeous North Western contemporary home. Located on legendary Chuckanut Dr, from the moment you drive up to this private spot, you’ll know you are in for a unique experience. Whether it’s the private location, the quality of the home, the inviting spaces, the view of Chuckanut Bay, or the use of the neighborhood beaches, it all adds up to a lifestyle that you’ll enjoy for years. Stop in and take a look!

For more information on 859 Chuckanut Drive, please visit our website.

Summer Rock Camp in Bellingham!


There is an amazing Summer Camp option available for girls in Bellingham!
Learn an instrument – Form a band – Write a song- Perform live for adoring fans.
Session 1: July 17-22 // Teen Girls Rock Camp: July 24-29 // Session 2: July 31-August 5, 2017. All session will be held at Whatcom Community College in the Syre Student Center.
The cost to attend camp is $350 and there is financial aid available.

Or if you would like to volunteer,  Bellingham Girls Rock Camp is seeking volunteers to help out during camp week. There a number of ways to get involved with BGRC. You can make a difference in girls’ lives! This could mean teaching an instrument or mentoring a young group of girls, working the front desk, prepping snacks, moving gear, facilitating a workshop, or floater/site crew stuff like cleaning up and going out to buy supplies if we run out.
More information about camp sessions and volunteering is available at

4 Reasons to Buy This Summer!

4 Reasons to Buy This Summer! | MyKCM

Here are four great reasons to consider buying a home today, instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.9% over the next year.

The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.

2. Mortgage Interest Rates Are Projected to Increase

Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have remained around 4%. Most experts predict that they will begin to rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will increase by this time next year.

An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.

3. Either Way, You are Paying a Mortgage

There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgageeither yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you? 

4. It’s Time to Move on with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.

But what if they weren’t? Would you wait?

Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe now is the time to buy.

If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings. Contact The Johnson Team today to set up an appointment! Call us at (360) 303-2734 or email us at

Thursday’s Purchase Rates

The current market rates play a large role in home loans. It is important information to know from a buying, selling, or refinancing perspective! Check these current rates as of Thursday, June 15th.


Thank you Sidney Stonecypher at People’s Bank Home Loan Center for the rates. If you have mortgage questions you can reach her at 360-650-5365!

Highly Sought After Bellingham Neighborhood Open House

Mason Open House Image


Join Rich Johnson for an open house on Sunday, June 18th from 1pm – 3pm at 1005 Mason Street in Bellingham!

Don’t let this turn of the century craftsman slip through your fingers. It’s solid, it’s super cute & it’s move in ready. It even comes with brand new never been used washer and dryer. From the sidewalk its vintage craftsman. Inside, it still has the charm of fir floors, wide molding and everything that comes with 1906 construction but added to it are tastefully redone bathrooms and a lovely kitchen. Outside, you’ll enjoy a huge deck & fully fenced back yard. It’s very nice, come & take a look!