Will Home Prices Fall as Mortgage Rates Rise? Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an
Bellingham Real Estate Market Report March 2015
Bellingham Real Estate Market Report – March 2015
Here's a quick a look at Bellingham home sales for March 2015. The number of sales is up by 8 compared to March 2014 and up by 21 from last month.
The sales price is up by 11% compared to March 2014 and down by $2,234 from last months sale price of $369,664
If we look at the past 10 years the high was in August of 2006 at just over $402,888 and the low was November 2011 at $258,645.
There is still only a 3 months supply of homes on the market right now, that will lead to increased prices.
Interest rate have remained extremely low.
Want to learn more about the market let's talk! 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
Michael was born and raised in Brooklyn NY. He graduated from Brooklyn College with a degree in Mathematics. His first job out of college was as an engineer tracking satellites. His last career before....