How Many Homes Are For Sale?

The number of real estate signs you see in yards can be decieing as to the number of home 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 Friday, September 8th, the pending ratio in Bellingham was 34%. 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 34%

The Ferndale pending ratio was 37%

The Lynden pending ratio was 31%

The Sudden Valley pending ratio was 25%

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

How Your Home’s Value Grows Your Family’s Wealth

How Your Home’s Value Grows Your Family’s Wealth | MyKCM

Over the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

So, what does this mean for homeowners and their equity position?

As an example, let’s assume a young couple purchased and closed on a $250,000 home in January. If we look at only the projected increase in the price of that home, how much equity will they earn over the next 5 years?

How Your Home’s Value Grows Your Family’s Wealth | MyKCM

Since the experts predict that home prices will increase by 5.0% this year alone, the young homeowners will have gained $12,500 in equity in just one year.

Over a five-year period, their equity will increase by nearly $49,000! This figure does not even take into account their monthly principal mortgage payments. In many cases, home equity is one of the largest portions of a family’s overall net worth.

Bottom Line

Not only is homeownership something to be proud of, but it also offers you and your family the ability to build equity you can borrow against in the future. If you are ready and willing to buy, find out if you are able to today! Call us toll free at (888) 713-3056 or email us at Info@JohnsonTeamRealEstate.com.

Just Listed! 4 bedroom Sudden Valley Home

NEW ON THE MARKET! 4 bedroom, 2.5 bath Sudden Valley home just $295,00

27 Inglewood Place
front of house 1

27 Inglewood Pl is a lovely 4 bedroom 2.5 bath home with large spaces for everyone & every activity. There are vaulted ceilings, skylights & huge winders which flood the interior with natural light. Two decks overlook a large private backyard that borders a lovely green space. It’s a great spot to play or just sit back & watch the world go by. Nearby, you can enjoy the 18 hole golf course, launch your kayak or try your luck at hooking a native cutthroat trout. It’s what dreams are made of.
Features

Additional Info:
Taxes $2,594kitchen 2 upstairs
View Territorial
Lot Size 0.27 Acre (11,808 SqFt)
Garage Size 2 Car
Exterior Wood Products
Heating/Cooling Central Air, Forced Air, High Efficiency
Roof Composition Roof
Flooring Hardwood Floor, Vinyl Floor, Wall to Wall Carpet

School Information

District: Bellingham
Elementary: Geneva Elem

For more information on the home or to schedule a showing visit our website or call (360) 303-2734 today!

Just Listed! Stunning Silver Beach Home

 

Just listed 3704 E Connecticut Street in Bellingham! 

Expansive 5 bedroom, 3.5 bath home just listed for $545,000. Open house this Sunday 1 to 3pm hosted by Mike Bredeson.

SIlver Beach

Wow what a location. Silver Beach 5 bedroom (or 4 with an office) 3.5 bath home on a level lot in a cul de sac. It just doesn’t get any better. Nice rec room with 2 bedrooms and a bath above the 3-car garage. Open kitchen with Granite counters looks onto the family room. Slider onto the patio, enjoy the sun filled, south facing, back yard. The lot is huge and the parking spot is there for the RV or Boat. Home is close to lake, in great condition and ready for new memories.

Additional Info:
Taxes:$4,428Silver Beach Kitchen
View: Territorial
Lot Size: 0.28 Acre (12,197 SqFt)
Garage Size: 3 Car
Exterior:  Cement Planked
Fireplaces: 1 Fireplace
Heating/Cooling Forced Air
Roof: Composition Roof
Flooring: Bamboo/Cork, Ceramic Tile Floor, Wall to Wall Carpet
School Information
District: Bellingham
Elementary: Silver Beach Elem
High: Squalicum High

For more information or to schedule a showing visit our website today or call (360) 303-2734!

Learn Home Values Around Lake Whatcom

Do you own a home on Lake Whatcom?

Curious how the active real estate market is impacting your home’s value?

Enter your address below for a FREE and INSTANT home value report!

Lake Whatcom Home Values

Don’t currently live on Lake Whatcom, but curious about learning more about the area?

Click the map to search for homes around Lake Whatcom in Bellingham.

Lake Whatcom Map

Lake Whatcom is a true Bellingham gem! Real Estate here is highly desired for the area’s natural beauty and freshwater recreational delights.

Lake Whatcom runs from the eastern edge of Bellingham in the Silver Beach Neighborhood on through Geneva, Sudden Valley, South Bay and into the foothills. Many lake front communities are located along the lake, including Delesta Park, Strawberry Point and Agate Bay. Each of these desirable neighborhoods offer housing options that appeal to a variety of budgets and real estate needs.

Lake Whatcom also serves as Bellingham’s water reservoir and is protected through watershed limitations and restrictions. Despite stringent protections, motorized watersports such as boating and jet skiing are allowed. The lake is also a great place for canoeing, kayaking, and sailing.

To learn more about Bellingham’s beautiful Lake Whatcom call us today at 1-888-713-3056 or email us at Info@JohnsonTeamRealEstate.com, we are here to help!

 

Birch Bay Home Values

Do you own a home in beautiful Birch Bay Washington?

Curious how the active real estate market might be impacting your home’s value? Enter your address here for a FREE no obligation INSTANT home value report today!

Birch Bay Home Values

Don’t own a home in Birch Bay and curious about learning more about the area?

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.

There 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.

Map Search

Search for real estate in the Birch Bay area today on our website!

5 Reasons You Should Sell This Summer

5 Reasons You Should Sell This Summer | MyKCM

Here are five reasons listing your home for sale this summer makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is currently at a 4.2-month supply, well under the 6-months needed for a normal housing market. This means, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory could be coming to the market soon.

There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market this summer.

Also, builder’s confidence in the market has hit its highest mark in over 11 years. Experts are predicting that new construction of single-family homes will ramp up this summer.

The choices buyers have will continue to increase. Don’t wait until all this other inventory of homes comes to market before you sell.

3. The Process Will Be Quicker

Fannie Mae anticipates an acceleration in home sales that will surpass 2007’s pace. As the market continues to strengthen, banks will be inundated with loan inquiries causing closing-time lines to lengthen. Selling now will make the process quicker & simpler. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to a new low of 42 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 4.9% over the next year, according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

You can also lock in your 30-year housing expense with an interest rate around 4% right now. Rates are projected to increase in the next 12 months.

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

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

Contact us with any real estate questions today! Email us at Info@JohnstonTeamRealEstate.com or call us at (360) 303-2734.

Just Listed! 3 bedroom, 2 bath home in Maple Falls

Just listed! 3 bedroom, 2 bath home in pristine condition just $200,000!

6270_Bellwood_Dr-23

Welcome to 6270 Bellwood Dr. This single level home with and attached 2 car garage is just in pristine condition. The open floor plan from the kitchen with granite countertops and stainless appliances is just incredible. Slider out onto the deck with the fenced yard is just off the eating space. Large master with walk in closet and 2 other bedrooms. Plus there is a den at the entry to the home. All packed into 1416 sq ft- the home feels much larger. Even the laundry area is fantastic.

Additional Info:6270_Bellwood_Dr-08

Lot Size: 0.19 Acre (8,421 SqFt)
Garage Size: 2 Car
Exterior: Cement Planked
Fireplaces: 1 Fireplace
Heating/Cooling: Central Air, Heat Pump
Roof: Composition Roof
Flooring: Laminate, Wall to Wall Carpet

School Information

District: Mount Baker School District

For more information on 6270 Bellwood Drive visit our website or call us today at (360) 303-2734

Bellinham and Whatcom County Relocation Information

Are you or your family considering relocating to Bellingham or Whatcom County? The Johnson Team Real Estate is here to help! Our website offers an abundance of helpful information to help you become better acquainted to Bellingham and other communities in Whatcom County.

Making a move a move to another area is a big decision and we recognize that it involves more than just switching homes, you are switching communities.   The Johnson Team Real Estate website is here to offer support with your relocation and to help you be as informed as you can about our area before arriving.  Whether you are looking for information on school and education in Bellingham to the top employers in Whatcom County, you have your answers!

Below is a list of relocation pages on our website to help you learn more about what Bellingham, Washington and the Whatcom County area have to offer!
Bellingham Relocation Packages
Request a free relocation information package on Bellingham and the Whatcom County area.

 Real Estate Search

See what kind of homes and properties are for sale in Bellingham and the surrounding communities such as Ferndale, and Lynden. Use our interactive maps search or text search to narrow down properties based on your housing needs.
Whatcom County Communities
Whatcom County is a very diverse area in terms of the various communities that it encompasses. The cities range from Bellingham with a population of 67,171 to Lummi Islandwith a population of 813. Learn more about other Whatcom County communities like Ferndale, Lynden and Blaine.

 
Photos of Bellingham and Whatcom County
View photos of everything Whatcom County has to offer from the hills of Mt. Baker to Bellingham Bay and everything in between.

Education
Bellingham and Whatcom County offer a wealth of educational opportunities to residents. The area is comprised of seven public school districts, many private schools and several colleges including Western Washington University.

 

Whatcom County Employment
Whatcom County is a hot spot for employment with its central location between Seattle and Vancouver BC. The area is home to many companies and corporate headquarters. The top employers in the county vary from Western Washington University to the City of Bellingham.

Recreational Opportunities in Whatcom County
With the waters of Bellingham Bay and Mount Baker serving as borders, Whatcom County is sure to offer all kinds of recreational opportunities. You name it we’ve got it here from ocean kayaking to snow skiing you can do it all.

 
Arts and Entertainment
If you are looking for an area full of the Arts, then you have found the place. Bellingham and the surrounding areas are full of wonderful art venues. The Mount Baker Theatre brings in broadway performers and the Whatcom County Museum is full of lovely exhibits and artifacts. Whether you are coming to Bellingham on a visit or you live here, you are sure to find lots to do and see.

 


Moving Truck
Make your move easier with The Johnson Team Moving Truck. Available free to our clients and community organizations.

For more specialized information on Bellingham, Washington and surrounding areas feel free to call us toll free at 1-888-713-3056 today, we’d be happy to help!

Where Did Americans Move in 2016?

Where Did Americans Move in 2016? | MyKCM

Some Highlights:

  • For the 5th year in a row, the Northeast saw a concentration of “High Outbound” activity.
  • For the first time ever, South Dakota held the top spot for “High Inbound” states.
  • Much of America’s outbound activity can be attributed to Boomers relocating to warmer climates after retiring.

Are you or someone you know considering moving to Bellingham or Whatcom County? Johnson Team Real Estate is here to help! Call us today at (360) 303-2734 or email us at Info@JohnsonTeamRealEstate.com