Bellingham Homes - When will we hit the bottom of the real estate Market?

It seems that lot's of folks are waiting for the market to bottom out before proceeding with a purchase of a home or other property. While I do understand the concern of buying something that "may" go down in value over the near future, trying to "time" the market is extremely difficult if not impossible to do. By the time the stats are in that show that prices are no longer falling but stable, folks still wait as they believe they will start falling again. It seems people don't really believe an area has hit bottom until prices start going up again. And thus, the bottom has past.

Home prices in Bellingham, WA are on the rise. The Average Sold price of homes in Bellingham, WA for March 2011 was $316,620. The Average Sold price of homes in Bellingham WA for March 2010 was only $282,598. That's an increase of 12%. The Median Sold Price for homes in Bellingham went from $250,000 in March 2010 to $275,000 in March 2011. That's an increase of 10%.

So for those waiting for the bottom, don't wait too much longer. It's already past. Don't miss this perhaps once in a life time opportunity to take advantage of relatively low prices & low interest rates. History shows that one usually gets one or the other, not both at the same time.

Search for Bellingham Homes for Sale

Bellingham Real Estate

Bellingham WA Homes