Buying a Home The Decision Is Up To You There has always been a direct correlation between interest rates and home prices. The rule of thumb has always been when rates go up prices go down, and vice versa. This was temporarily proven true in the summer of 2022 when rates quickly rose by 2% (3.5%-5.5%) over 5 months. It caused a price correction in the […]
Home Ownership Women Outpace Men in Homeownership Women earn $0.83 to every $1.00 a man makes, but they are dominating the market! Prior to 1974 it was not legal for a women to secure a mortgage without a male cosigner. Once that barrier was broken, women have outpaced males as homebuyers since the NAR started tracking the data in 1981. In 2022 […]
Community July Real Local Feature Stay Between the Pines – North Bend, WA CLICK HERE TO ORDER AND FOR MORE INFORMATION Welcome to the Riverbend Retreat! This dog-friendly, cozy A-Frame cabin is nestled in the foothills of the Cascades right on the river, just 30 minutes to Seattle and 25 minutes to Snoqualmie Pass. The cabin features an open floorplan, […]
Market Updates Clarity Through Chaos: Using the Data to Drive Decisions I think we can all agree that we have been on a bit of a wild ride over the last 12 months in the real estate market. When the Fed decided to change its trajectory on interest rates in mid-2022, it created some chaos and confusion. When big changes happen, it is a natural reaction […]
Community Exploring Bellingham: Volunteer Opportunities Bellingham offers a diverse range of volunteer opportunities. From assisting at local food banks and shelters to participating in environmental conservation efforts, there are numerous ways for individuals to contribute and make a positive impact. Parks Volunteer Program Help make the parks better for everyone. This program will help you learn new skills, meet new […]
Community June Real Local Feature Welcome to a new series where each month I will feature a friend or client’s local business or service AND a friend’s Vacation Rental! These will be mostly “stay-cation” locations, but sometimes we might venture outside of a LOCAL location and feature a LOCAL person’s vacation rental somewhere else! If you have a business, service […]
Market Updates Matthew Gardner Mid-Year Update One of the reasons why we are fortunate to have Matthew Gardener as our Chief Economist at Windermere is his transparency. Every year, Matthew makes predictions for the coming year based on his monumental research and years of experience. Just this week, he reviewed his 2023 predictions and recorded the video below. Most of his […]
Community Exploring Bellingham – Parks Guide Bellingham features a collection of parks that truly embody the essence of the Pacific Northwest. These parks serve as havens for outdoor enthusiasts and nature lovers alike.  They offer a variety of spaces for family, friends, and neighbors to come together and share experiences and time together. There are full sport courts, miles of hiking […]
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Buying a Home 10 State Bills Affecting Housing On April 23rd the Washington State Legislature adjourned after passing 10 new bills that will affect housing. Some of the bills are geared toward creating more transparency around brokerage transactions, some are intended to institute more opportunities for building density to provide more affordable housing, and some are more regulatory to help guide and ease […]
Community 2023 Windermere Community Service Day Every year – every Windermere office closes for a Friday and descends on an organization in their local community to make a big impact. Windermere North has about 50 brokers and I’m always SHOCKED at how much 50 hardworking people can accomplish in 3 hours! This year, we had the pleasure of helping The Snohomish […]
Community Exploring Bellingham – Activities & Events Summertime in Bellingham is an absolute delight, filled with a vibrant array of events that bring the community together in the most joyful and festive ways. From the moment the sun graces the city, Bellingham becomes a hub of excitement, and residents and visitors alike can’t help but be swept up in the contagious enthusiasm […]
Buying a Home Secret Tips for Buyers When writing an offer, it is important to understand how to structure your offer when competing with others and I am here to help! Here are 3 important numbers to understand for an ESCALATION ADDENDUM. 1) Starting Price: I always advice my clients to start over asking price. Even if it’s just throwing the seller […]
Buying a Home Understanding Interest Rates It is very important that consumers understand the difference between long-term interest rates and short-term interest rates. Long-term rates involve home mortgages such a conventional 30-year fixed, Jumbo, FHA, and VA loans. Short-term rates involve car loans, credit cards, and Home Equity Lines of Credit (HELOCs). While both types of rates have gone up over […]
Home Ownership Millennials and the Housing Market Did you know that 53% of Millennials are still renting because they’re waiting for home prices to come down.  This figure is about the same percentage of renter households in Bellingham! But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. […]
Community Bellingham Farmers Market One of my favorite markets is back for the season! Established in 1992, the  Bellingham Farmers Saturday Market is more than just a place to buy fresh produce and hand-crafted products. It fosters a sense of community and acts as a gathering place for friends and family. The 100 stall market is a favorite among […]
Home Ownership Which is Better, Renting or Buying? The financial benefits of owning real estate significantly outweigh the option of renting. Renting is certainly a must for some, and is what one may have to do while they build up to becoming a homeowner. Becoming a homeowner requires solid employment, good credit, and some type of down payment. Savings can all be built over time and […]
Home Ownership 2023 Economic & Housing Forecast Thank you to all my guests that were able to join me at my Annual Economic and Housing Forecast event with Matthew Gardner, Windermere Chief Economist sponsored by Evergreen Home Loans. In case you missed it, below are my top 10 takeaways, with all of the slide information linked HERE. BELLINGHAM METRO AREA LABOR MARKET […]
Market Updates Holy Shift, Again! Markets change fast! We experienced a substantial shift in 2022 with the first half of the year feeling like a completely different market than the second half of the year. A 3-point increase in interest rate was the main culprit along with inflation and affordability for the 2022 market correction we experienced. A market correction is defined by […]
Community New Park Along Bellingham Waterfront Plans that began in 2014 are finally moving quickly for this new Bellingham park. Salish Landing is the name chosen for the 17 acres at the south end of Cornwall Ave along Bellingham Bay toward Boulevard Park.  Permit application for cleanup and work is now pending as the city focuses on cleaning up the decades of […]
Community Why We Love Living In Whatcom County I recently asked some of my clients why they love living in Whatcom County.  There are some strong similar storylines no matter whom you ask!  Here are a few of the answers… The Lifetime Resident Q. What makes Whatcom County a great place to work and live? A. “Even though our city keeps growing, it […]