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

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Here’s an interesting way to potentially avoid getting beat up by Bellingham’s tight housing market – bring one here from somewhere else.. By boat.. Buyers still must pay for the land to.

Here’s what’s happened as buyers tire of getting beat up by. – Here’s what’s happened as buyers tire of getting beat up by Bellingham housing market. While inventory remains tight, sales are solid and home prices continue to rise, price reductions are also increasing along with homes being pulled off the market. Between June 13-20, 52 price reductions were made on homes for sale across Whatcom County,

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Bellingham is the central city in the HMA and the location of one of the largest employers in the HMA, Western Washington University (WWU). Summary. Economy . Economic conditions in the . Bellingham HMA are improving, continuing the recovery that began in 2011. During the 12 months ending October 2014, nonfarm payrolls increased by 1,200 jobs, or 1.4 percent, to 85,300 jobs.

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That, plus the tight inventory is pushing prices up. In May the median price for a house was $309,000 in the county, an increase of 6.32 percent year over year. "Low inventory coupled with the huge number of buyers has our market moving at a record pace," Ken Anderson, owner of Coldwell Banker Evergreen Olympic Realty in Olympia, said.

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Opinion: City puts responsibility for housing crisis on those providing the housing Council housing. can provide “different land, different finance, different people”. Kerslake says: “We need to double supply. Private housebuilders won’t increase their supply to get near to this.