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Buying a Home Decelerating Does Not Equal Depreciating Home Prices Did you know that decelerating home prices do not mean depreciating home prices? Price appreciation is starting to slow down. At the end of May 2022, complete year-over-year price appreciation was at record highs. At the end of July, Whatcom County’s Average Sold Price was down 6.3% compared to June. This means that we are […]
Community Tamales & Mexican Brewery Coming to Sunnyland A Seattle-based company known for its handmade tamales is coming to Bellingham in the of Fall 2022! Frelard Tamales & El Suenito Brewing Company will be located at 1926 Humboldt St. The new brewery will have a variety of beers, including Mexican-style lagers, and will have indoor/outdoor seating. It will be attached to Frelard Tamales […]
Buying a Home Quarterly Market Reports for Q2 2022 As we head into the second half of 2022, we are experiencing a shift in the real estate market. The market is starting to balance out after two years of an intense seller’s market. Q1 this year had the lowest amount of inventory we have ever seen, which put upward pressure on prices. With the […]
Buying a Home Still a Seller’s Market Did you know? It’s STILL a Seller’s Market. What does that even mean?! We can gauge who has more power in negotiations based on one simple thing. If no more homes were listed tomorrow—— how long would it take to sell ALL the homes currently available? This is “months of inventory”. Here’s how the power […]
Buying a Home Your Kids College Education for Free! 3 Years ago a family I had met in my previous career reached out to me because their daughter was coming to Western Washington University. They had the idea that on-campus housing or even renting an apartment off-campus would be a waste of money. And they were SO RIGHT! Sadie (pictured above) just graduated from […]
Community Summer Fun in Whatcom County! Whatcom County is the best place to be for summer fun!  Each community has its own taste of summer, whether it be weekly farmers markets, outdoor movies, concerts in the park, car shows and so much more! Here are some of the annual events festivals and parades that you may want to check out! July […]
Home Ownership Summer is Here! Summer is finally here! Now there is enough daylight to tackle some Summer Home Maintenance and show your house a little love! I know that this list might feel long, but I encourage you to just tackle a few a week while we have extra daylight hours! Your home will thank you! Here’s a few […]
Community Summer Food Drive! Every year since 1984, Windermere has designated one day to help make a positive difference in the communities where we work and live. 2022 is the 7th year that my office has spent this day working to put fresh produce on the tables of local families who need a little help. On June 10th, my […]
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Buying a Home Seasons of More Inventory Did you know that Spring and Summer are when we see the highest levels of inventory come to market in our region? Do you feel like you have been battling to win a house with such slim pickings? Well, now’s that time to stay in the game! More selection means more leverage! Sellers are still […]
Buying a Home Shifting Market: Perspective is Key “How’s the market?” is a question I am asked all the time. It is a common segue in casual conversation over the neighbor’s fence, at a party or family gathering. Now more than ever, the answer to this question is critical and detailed. You see, our market is experiencing a shift, a slowing down of price growth if […]
Buying a Home 5% Interest Rates Interest rates have gone up in the past few months! But, they are still well below the historical average. In fact, they are 2 points below the 30-year average! Buyers are best to get qualified on payment, not rate. What does this mean? It means we work with a lender who helps us figure out […]
Buying a Home 50% Home Equity Did you know that 50% of homeowners have at least 50% equity in their homes?! This means that half of the homeowners in the US have a loan balance for less than half of the value of their home. These equity amounts will keep the housing market stable and real estate a smart investment even […]
Buying a Home Current Market Update Housing inventory is holding strong! We continue to have record numbers of new listings since the start of the pandemic. It’s time to start paying attention to how long it’ll take for a listing to accept an offer and if the sold homes will continue to close at over asking price. Windermere’s economist, Matthew Gardner, […]
Home Ownership Is Your Home Properly Insured? I’ve been thinking about this a lot lately and when it became a topic of discussion at our office meeting this morning I decided it’s time for a PUBLIC SERVICE ANNOUNCEMENT‼️ I’m not talking about disaster or actual emergency preparedness in your home… although that’s important too. What I’m talking about is all this value […]
Market Updates The Gardner Report At Windermere, we are fortunate to have Matthew Gardner as our Chief Economist. In fact, we are one of the only real estate companies in the country to have such a well-respected expert sitting in this role. Not only is Matthew an asset to Windermere brokers and their clients, but he is a coveted resource […]
Community Hovander Park Opening! Hovander Park is one of my favorite places in Whatcom County! I love running along the Nooksack River trails and taking in the beautiful views of Mt. Baker. Unfortunately, it was closed to the public after suffering major damage during the 2021 flood. Good news is that the Nooksack River trial, the boat launch parking […]
Home Ownership Avoiding Capital Gains: When You Have a Ton of Equity and Want to Make a Move Did you know that over 50% of homeowners in Washington State have over 50% home equity? We have had 10 years of price appreciation, and the last 3 years have been record-breaking. The chart below shows complete year-over-year (the last 12 months over the previous 12 months) price appreciation for the seven main market areas in Whatcom […]
Community Skagit Valley Tulip Festival IS BACK! One of my favorite things to do in spring is to visit the Skagit Valley Tulip Festival!  Words truly cannot express the vibrant beauty of the colors spread across millions of flowers!  The pandemic limited the festival’s activities, but this year many activities that were on hiatus for the past few years are ON AGAIN, […]
Market Updates Quarterly Reports – Q1 2022 The 2022 real estate market started with a bang! We started the year with the lowest amount of available inventory we’ve ever seen coupled with interest rates a point lower than they are now, along with a plentiful buyer pool due to a strong job market and work-from-home influenced moves. The combination of supply and […]
Tracie's Thoughts Fair Housing April is FAIR HOUSING month for the National Association of Realtors. If you have not noticed I’m an advocate for every single person becoming a homeowner and building wealth in real estate. Here’s just a few of the commitments I uphold as a member of the Association of Realtors. I commit to Provide equal professional […]
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