Birch Bay Open House, Sunday 12pm to 2pm

Open House Sunday from 12pm to 2pm at 4856 Lighthouse Drive in Birch Bay!

OPEN HOUSE

Visit Rich Johnson and Mike Bredeson as they host an open house at this lovely 4 bedroom, 2.5 baths on a 1/2 acre lot, just listed for $344,900

View a complete virtual tour here!

If you’re looking for a home with room & spaces for everyone, look no further. No gathering is to large for this floor plan. The kitchen flows into a large great room & will accommodate any occasion. There is even a formal dining room for those Extra Special days. To finish it off, you’ll enjoy a main floor master, 3 spacious bedrooms upstairs along with a HUGE bonus room for those ruckus events, a 3 bay garage & a fenced in 10,000+ sq ft back yard. Birch Bay beaches are only a short walk away.

For more information on the home call us today at (360) 303-2734!

Just Listed Wonderful Birch Bay Home!

New on the Market, 4856 Lighthouse Drive in Birch Bay!

House Front 3

Lovely 4 bedroom, 2.5 baths on a 1/2 acre lot, just listed for $344,900

View a complete virtual tour here!

If you’re looking for a home with room & spaces for everyone, look no further. No gathering is to large for this floor plan. The kitchen flows into a large great room & will accommodate any occasion. There is even a formal dining room for those Extra Special days. To finish it off, you’ll enjoy a main floor master, 3 spacious bedrooms upstairs along with a HUGE bonus room for those ruckus events, a 3 bay garage & a fenced in 10,000+ sq ft back yard. Birch Bay beaches are only a short walk away.

Additional Information:Family Room 2
Taxes: $2,721
View: Mountain, Bay
Lot Size: 0.25 Acre (10,890 SqFt)
Garage Size: 3 Car
Exterior: Cement Planked
Fireplaces: 1 Fireplace
Heating/Cooling: Forced Air,
Roof: Composition Roof
Flooring: Laminate, Vinyl Floor, Wall to Wall Carpet

School InformationBack Yard 4

District: Blaine School District
Elementary: Blaine Elementary
Junior High: Blaine Middle School
High Blaine: High School

For more information on 4856 Lighthouse Drive in Birch Bay visit our website or call us today at (360) 303-2734 to schedule a private showing!

The First Pending Ratios of the Month!

Bellingham Real EstateThe 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, May 6th, the pending ratio in Bellingham was 51%. 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.

The Birch Bay Pending ratio was 37%

The Ferndale pending ratio was 42%

The Lynden pending ratio was 50%

The Sudden Valley pending ratio was 48%

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

Birch Bay Kite Festival June 20 & 21

Looking for something fun to do for Father’s Day weekend? Come out to Birch Bay for the Kite Festival, June 20 & 21st from 10am to 3pm both days! Build a kite for $5, watch skim board demonstrations, enjoy hot dogs, kettle corn and more!

Just Listed for $225,000, Birch Bay Rambler

Welcome to 8295 Fawn Crescent. Come to Birch Bay and enjoy the amenities of this quiet seaside community. The single story home lives large with 3 bedrooms and 2 baths, view of the bay/ Alaska Ferry from the dining and living spaces. The home is on the end of a cul-de-sac and the area is very peaceful. The deck, facing west is great for entertaining and bird watching. Woodpeckers and Bald Eagles frequent the neighboring trees. The roof is just 4 years old so future maintenance is years away.

Features

Bath Off Master, Ceiling Fan(s), Double Pane Storm Windows, Vaulted CeilingsCable TV, Deck, Disabled Access, High Speed Internet.

Additional Details:

Taxes: $2,200
View: Sound, Ocean, Bay
Lot Size: 0.46 Acre (20,172 SqFt)
Garage Size: 2 Car
Exterior: Wood
Fireplaces: 1 Fireplace
Heating/Cooling: Stove/Free Stdg
Roof: Composition Roof

Schools:

Elementary:Blaine Elementary
Junior High: Blaine Middle School
High: Blaine High

For additional photos of 8295 Fawn Crescent in Birch Bay or to schedule a showing visit our website or call us toll free at 1-888-713-3056 today!

Blaine Duplex Open House Saturday March 7th from 1:00-3:00pm

Join Rich Johnson this Saturday,  March 7th from 1:00-3:00pm at he hosts an Open House at  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

Visit Rich tomorrow at 344 B Street from 1:00-3:00pm! For additional photos, a virtual tour or to schedule a private 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!

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!

Semiahmoo Golf Course Area Condominium Just Listed!

Welcome to 5430 Snow Goose Lane, #201 located in picaresque Semiahmoo outside of  Blaine, Washington. This lovely 3 bedroom, 1.75 bath condominium  has been  remodeled condo making this the perfect hide-away! New features include: all new appliances, custom Corion kitchen counters, designer lighting fixtures, gas fireplace, exquisite tile work in Master shower, laminate in the living area and fresh carpet in the bedroom. Quiet secluded setting with private patio leads to a nice sized yard surrounded by a green belt and Arnold Palmer golf course.

View a virtual tour of the condominium here

Additional Information

  • Taxes: $2,383
  • HOA Dues: $271
  • View: Territorial
  • Exterior: Wood
  • Fireplaces: 1 Fireplace
  • Heating/Cooling: Wall
  • Roof Cedar Shake Roof
  • Flooring: Ceramic Tile Floor, Laminate, Vinyl Floor, Wall to Wall Carpet

School Information

District: Blaine

Elementary Blaine Elementary

Junior HighBlaine Middle School

High: Blaine High School

For more information on this home or other homes in the area you are welcome to explore www.JohnsonTeamRealEstate.com to view real estate and community information or you can reach us directly at 1-888-713-3056 or by email at Info@JohnsonTeamRealEstate.com

Birch Bay, a Lovely Saltwater Front Community in Northwest Washington

Birch Bay Washington Nestled along the sandy beaches and salt water you find Birch Bay. Enjoy all that Birch Bay has to offer from the shallow warm waters to wade in, to the lovely views of the sunsets. Not matter what your adventure you are sure to love Birch Bay!

Teaming with life, especially in the summer months, you will find wonderful restaurants and shops along Birch Bay Drive. Birch Bay is a popular destination for visitors and tourists with cabins and condos available for short term rentals. In season be sure to take advantage of the great crabbing and clam digging opportunities.

Birch Bay GolfingThere are many new building projects underway in the Birch Bay area, and it is currently the fastest growing community in Whatcom County. There are many small groceries and facilities in Birch Bay, but the schools and government services are located just 5 minutes north in Blaine.

 

 

Click on the map below to search for property in Birch Bay, Washington.

Birch Bay Washington Map

 

Slow But Trending Upward… Bellingham Real Estate Market Update

Bellingham Real Estate MarketThe Whatcom County real estate market continues to improve. There is a bit of stuttering from one month to another and from one area to another, but the overall trend is up in both number of sales and pricing. Let’s look at some details.

For the most part, the number of units sold is higher than any time since 2007, whether we compare just the month of June or the first 6 months of the year. Pricing, on the other hand, is still going through the “two steps forward, one step back” process, as is demonstrated below by the fact that all prices were up a bit compared with the first half of last year, but primarily down a bit if we look only at June.

May & June 2013

June 2012 & June 2013

January – June  2012 & January – June 2013

Sold

May

2013

June

2013


%
Change

June 2012

June

 2013

%
Change

YTD 6/30/2012

YTD 6/30/13

%
Change

Bellingham
Units

110

113

2.7%

90

113

25.6%

394

497

26.1%

Avg

$363,183

$336,380

-7.4%

$362,766

$336,380

-7.3%

$322,396

$330,214

2.4%

Median

$299,950

$300,000

0.0%

$294,950

$300,000

1.7%

$275,000

$285,000

3.6%

Total Whatcom County
Units

229

239

4.4%

213

239

12.2%

929

1077

15.9%

Avg

$297,641

$299,630

0.7%

$304,847

$299,630

-1.7%

$285,077

$293,713

3%

Median

$258,500

$272,000

5.2%

$275,000

$272,000

-1.1%

$245,750

$255,000

3.8%

If we go back to 2007, the last year prices didn’t fall overall in Whatcom County, we find that the average sale price today is 14.7% below 2007 and the median sale price is down 13%. At the rate we are going, it will take a few years to get back to those values, but at that point they should be “real” rather than “bubble” prices.

While the recent rise in interest rates may be a cloud on the horizon, it is also possible it will stimulate more buyers to enter the market due to fears that they may go even higher. Inventory is still very tight in many price ranges, with overall residential inventory in Bellingham down about 8% from the same week last year, while pending sales are up almost 29% over a year ago. There are major disparities in price ranges, however, so one number, as usual, doesn’t tell the whole story. The most active price range as of June 29th was from $200,000 to $300,000, in which 49% of all the signs in yards at that price range were pending. Note: 171 signs in yards; 84 under contact. On the other hand, in the $600,000 to $650,000 range, 38% were pending, but there were only 13 homes for sale, and 5 of them were pending. The only price range with nothing under contract at this point is from $900,000 to $999,999, with just 10 homes listed for sale.

The number of short sales available has been declining steadily and is now about half what it was in 2011. On the other hand, the number of bank owned properties has stayed fairly consistent. The number of all distressed home sales in June was 14.2% of the Bellingham market, down considerably from the 29% in January, but considerably higher than last summer’s single digit market shares.

The downsides of 3 months ago are still with us. Appraisals are much tougher. For the first time in years, I have had appraisers ask for inspection reports because underwriters want them. Underwriters are also requiring documentation for the source of the down payment money and sometimes requiring financial reserve amounts of the borrower. Buyers are getting frustrated because of the competition for homes of certain types. Sellers are getting frustrated because they may still have to bring money to the table to sell. And there are still homes that go off the market unsold, or sit on the market for months, because the price is too high for the product.

My overall feeling about the market right now is good. There are still a lot of people hurting from the recession and the housing bubble, but the market is moving. It is quite stable, lenders are doing their job of qualifying both the buyer and the property, people are moving here from other areas, additional jobs are available, and Whatcom County is a great place to live.