JanuLos Angeles, CA (US TV "Playboy After Dark" performing "Rattlesnake Shake") January 7-11, 1970 Whiskey A Go-Go, Hollywood, CA (supported by The Litter & Boz Scaggs) January 3-4, 1970 Kinetic Playground, Chicago, IL You can also view many of the podcast episodes, such as this one below, YouTube.January 2-4, 1970 Fillmore West, San Francisco, CA (Supporting The Byrds, with John Hammond) Looking for even more information about Whatcom County’s real estate market? Check out the Bellingham Real Estate Podcast, where Balzotti and his associate brokers dig into a wide variety of topics, all pertinent to our local scene. “At our firm, we spend a lot of time making sure we put our clients in the best Offer, you simply won’t get a home when it’s this competitive,” says Balzotti.
“If you’re not working with someone who is on the ball,ĭiligent, and helping you with great advice on how to prepare and present your If you’re considering your next home in Whatcom County, pleaseĬheck out John L. It’s certainly not always the highest offer that gets accepted.” Prepares the offer can make a huge difference in the chances of it beingĪccepted. Multiple offer situation,” Balzotti says. The different ways we can structure a client’s offer, to help them win in a
“Our brokers are all regularly networking and training on Scott Bellingham uses an array of strong techniquesĪnd tools to help their clients make a move. Without being contingent on selling their old one.įor those looking to buy into the Whatcom County market, competition will definitely remain fierce, which is why it’s as important as ever to have a quality broker to represent you. Lenders that offer loan programs to assist clients buying a new home Right now because homes are getting multiple offers and it’s very competitive.” If you want to try to move only one time. “The most difficult thing to figure out is how to pull off buying and selling “There is no bad time to sell in these conditions,” says Balzotti. Well, if you’re looking to sell a home, consider it an Scott Bellingham’s team of brokers regularly network and train on different ways to help structure a client’s offer for acceptance, especially in a multiple-offer market like Whatcom County. While that may slightly help demand, it’s unlikely to help prices. Potential for multiple interest rate hikes, may lead to a slight sales Of the county, is set to increase, Balzotti says. New construction, specifically in the east and north parts LookingĪ slightly more balanced market, however, may be at-hand by Lender Freddie MacĪlso raised limits for conventional loans in Whatcom County to $647,000. With the highest numbers coming from California and Seattle.”Ĭurrent prices also reflect 2021 interest rates, whichĪveraged around 3% for much of the previous calendar year. Have seen an incredible surge in buyers relocating from throughout the country,
Want to live, with many working from home now permanently,” he says. “The pandemic is allowing more people to choose where they Under construction, Balzotti says, is substantial.Īt the same time, demand for housing has not leveled off.Īt least part of this continued demand, Balzotti points out, is likely from the The number of pending home builds versus the actual number In explaining the aforementioned factors resulting in theseĬonditions, a lack of new construction is still creating a shortage ofĪvailable housing. Scott’s Paul Balzotti is a second-generation Realtor, passionate about leading one of the top Real Estate firms in Whatcom County. Entering JanuaryĢ022, interest rates sat at 3.15%, and the local housing inventory is down to Whatcom County home sales went up even more - about 7.5%. Sales of Bellingham homes increased about 6.5%, while Overall, Bellingham home prices were up nearly 23% in 2021, and about 22% Countywide, that median price was slightly lower, at $487,540. Last year, the median price of a home in Bellingham was
This is going to lead to multiple offers across most So, demand heading into the spring willĬertainly outpace supply. “Theīacklog of buyers is still tremendous. “The market will continue to be strong,” Balzotti says. Supply, growing demand, low-interest rates, and expanded loan limits.Īll of this means a likely home appreciation of about 12% toġ6% for 2022, with much of that occurring this spring. Scott Real Estate Broker and Owner Paul Balzotti.Ĭontinuing home price and appreciation increases in bothīellingham and Whatcom County are due to several factors, Balzotti says, including a lack of The local real estate market shows no signs of slowing from its record-breaking 2021, according to a new report from John L.