Here’s what’s happened as buyers tire of getting beat up by Bellingham housing market

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Rents in Bellingham have been soaring from the last few years. The housing market is at 99% occupancy rate which means it’s almost impossible to find a place to rent. As soon as there is an occupancy, it gets filled up even before the place makes it to the listings.

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Bellingham Real Estate Market Report – February 2018 To see the extensive Bellingham Real Estate Market Report for February Click Here Here’s a quick look at the Bellingham Real Estate Market Report for February 2018 for residential home sales. The number of residential sales for the month was 68 that is 7 more than February 2017 and 4 more than last month.

Here’s a quick look at the Bellingham Real Estate Market Report for June 2017 for residential home sales. The number of residential sales for the month was 115 that is 3 less than June 2016 and the 19 more last month. The average sales price is up by 10% compared to June 2016 and up 2% from last month.

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We know real estate is cyclical, but whats going on with the world economy is nothing Ive seen, and Im 71 years old, she says. I wasnt here for the Great Depression, but Im unsettled by whats happened. Nevertheless, she concludes, In the next two or three years, this market has to go up, across the board.