Rents in Bellingham have been soaring from the last few years. The housing market is at 99% occupancy rate which means it’s almost impossible to find a place to rent. As soon as there is an occupancy, it gets filled up even before the place makes it to the listings.
Bellingham vacancy rates at 1% as rents skyrocket
Bellingham vacancy rates for apartments have hit a record low as the occupancy rates reach 99% and rents continue to skyrocket. With vacancy rates lingering near 1%, the average rental rates have reached about $850 per month. The present conditions indicate that it’s difficult for tenants to get new dwelling places.
Bellingham WA median home price hits a record $400K
With the real estate prices soaring, the Bellingham WA median home price has reached a record high of $400K. If you have been planning to sell your home, this is the best time to look for buyers. With the all-time high real estate market, you cannot get prices better than these.
A Good Real Estate Agent is a Valuable Resource When Moving Home
When you are relocating to a new area, a good real estate agent can sell you a house but a great agent will sell you a home. The difference is simple: a house is just a building but a home is a place where you are happy to live, have a job and are able to enjoy everything your new location has to offer. A good real estate agent in Bellingham knows that making you comfortable with the area is the best way to take some of the stress out of buying a new home.