Bellingham Real Estate Market Report - December, 2011

Here's a quick analysis of the Bellingham Residential Real Estate Market

The graph looks like we bounced up a bit from last month, but we're still in a downward trend overall, and ended the year that way. I think that what happens next year in the housing market will depend a lot on what happens in the economy in general, and even in the European economy as that will affect ours.

Stay tuned for 2012.

There is still a First Time Home Buyer Tax Credit Available through a program called the Mortgage Credit Certification. It is a Tax Credit paid on Mortgage interest.

Interest rates are at historic low's and there are some great values in the Bellingham market right now. You might want to take a look at what it would cost you to purchase one of these homes at today’s rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house or condo.

If you have any questions or want to see any Bellingham Real Estate feel free to email me at or give me a call at 360-739-6981

Data are based on information provided by the NWMLS