Home Buyer Confidence on the Rise

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Home purchase sentiment reached an all-time survey high this summer, an indication that Americans are feeling more upbeat about the housing market, according to Fannie Mae.
Overall sentiments rose 3.3 points to a reading of 86.5. Each of the index’s six components including selling outlook and personal finances – also rose last month. One interesting potential bright note for housing in July survey is that younger households may finally be shifting toward buying rather than renting in greater numbers. Whether the shift in sentiment in July toward buying rather than renting on their next move holds up or is a temporary reaction to their view that rents are on the rise and mortgage rates will be lower, we will see.
Here are some findings from the latest survey:
* 33% of Americans say it’s a good time to buy a house, a 1 percentage increase over June.
* 20% of Americans say it’s a good time to sell a home, a 2 percentage point increase from June (a new survey high).
* 41% of Americans believe home prices will rise, an 8 percentage point increase from June.
* 36% of Americans believe mortgage rates will drop over the next year.
* 69% of Americans say they are not concerned with losing their job, a 1 percentage point increase from June.
* 11% of Americans say their household income is significantly higher than it was 12 months ago, a 3 percentage point increase from June’s sharp decline
Source: Fannie Mae

Real Estate Market Heating Up Locally

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On June 29, 2016, Jerry Blankers, from our firm was interviewed by Tim Newcomb of the Lynden Tribune Newspaper about the hot real estate market. Here are some of the highlights from the interview.

Right now, anything under $400,000 in Lynden is selling well, fitting into the sweet spot of single-family housing. Jerry Blankers, managing broker for Muljat Group North said that as inventory remains short – “there’s not a lot out there” – and interest rates hold low, often under 4 percent, prices of homes have begun to increase. That said, predictors of rising interest rates have moved buyers into the market. “If people are going to get in, they better get in,” Jerry says. “Inventory is down, almost scary low. There is not a lot out there.
As prices go up, the low interest rates still make it affordable to buy. You buy according to what you can afford. If rates go up, it makes a huge impact on what you can afford to buy. It isn’t only homes in Lynden selling well, as property – both residential and commercial has strengthened across north Whatcom County. The local uptick really started earlier this year with the prediction of higher interest rates by the end of 2016, and the initial wave of higher pricing on homes started in Bellingham and few months before moving north.

So if you are planning on buying a home you better jump right in! Contact a Muljat Group North Real Estate Broker today, 360-354-4242

BLOCK PARTY ON JULY 4 – DOWNTOWN, LYNDEN!

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Lynden will be celebrating winning America’s Main Streets competition with a – Block Party on July 4 | 11am-2pm | 5th Street (between Front & Grover Street)
The Downtown Business Association will celebrate the $25,000 cash award. The presentation of the oversized $25,000 check will begin at noon with the national anthem performed by the King’s Men of Song, followed by a proclamation by Mayor Scott Korthuis. Bill Brunelle, co-founder of the Independent We Stand coalition supporting local business districts, will then present the winning check.
There will be free food, drinks, t-shirts & mini-flags for the first 300 people. Queens Bluegrass will be performing live. Enter your name for three grand prize drawings, one for a new STIHL, leaf blower and two for Van Wingerden’s hanging baskets. You must be present to win all drawings.
At least a dozen businesses will be open throughout the celebration. Some businesses will offer 25% discounts and each store will have a drawing for $25 gift certificates. So come on downtown on July 4 and be a part of the Block Party Celebration!

America’s Main Street Winner Is Lynden!

Yes, it’s true! The beautiful community of Lynden, Washington, really won America’s Main Street contest.
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After an incredible display of support for Main Streets from coast to coast, Independent We Stand, recognized Downtown Lynden, Washington, as the grand prize winner of the America’s Main Streets contest. More than 280,000 total votes were cast by the public nationwide. Lynden’s Main Street will receive $25,000 in cash and related prizes to help revitalize Main Street. Lynden is definitely on the upstream with many new businesses opening shop, namely: The INN at LYNDEN, OVERFLOW TAPS, Avenue Bread, Village Books, the Mill, Bellingham Baby Company and more! Be sure to visit The Muljat Group North real estate office in downtown, Lynden ~ located on beautiful Front Street, in downtown, Lynden Washington! It’s a terrific time to list your home & buy real estate in Whatcom County.
We have the most helpful Lynden Chamber of Commerce ~ Lynden is a great place to live ~ work ~ play!

America’s Main Streets Contest – Lynden, Washington

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“Why are America’s Main Streets Important?” Main Streets are really the heartbeat of America’s cities and towns. They play an important part in the long-term success of communities and really help build a sense of place. When Main Streets are strong, so are the communites that surround them.
Your Vote Counts! 253 nominees from all over the United States have competed to show America that they deserved to be named, “America’s Main Street”.
Downtown, Lynden’s Main Street, has officially been named among the top 25 Main Streets in America!
Lynden’s Main Street greatly benefit if it won the cash prize of $25,000….after a slumping economy, with vacant and neglected buildings and a fire that destroyed a major anchor building in 2008 that housed both retail and service businesses. Lynden’s most urgent needs are creating a brand for the community, implementing wayfinding signage to and around downtown, creating a historical walking tour, and upgrading the downtown beautification program (flowers, streetscape and art), and so much more. Winning this award would allow the downtown to go a long way toward achieving some of these needs and goals.
Visit and Vote: Downtown, Lynden WA, America’s Main Streets contest
Let’s have Lynden’s Main Street be #1 and win! Just think what $25,000 in cash could do for Lynden’s downtown, Main Street!

Billy Waples Day in Lynden!

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Upcoming chowder feed, beer garden, kids’ games and a day of family-fun activities in celebration of Billy Waples Day! Half a block of Fifth Street will be blocked off for outdoor seating.

The Mercantile building has been revitalized to once again claim it’s rightful place as the heart of Lynden. The historic Waples Mercantile Building was owned and built by Billy Waples, one of the original founding fathers of Lynden. The Mercantile Building was formerly the Lynden Department Store. The Lynden Department Store was the gathering place, and the market place, of the Lynden farming community. The Waples Mercantile Building is the vibrant new home for The Inn at Lynden, one of very few hotels in Washington State that resides in a structure listed on the National Registry of Historic Places. It is also the home for new businesses…Village Books And Paper Dreams, Drizzle, Overflow Taps, Avenue Bread and Bellingham Baby Company.

Come celebrate Billy Waples Day in the heart of downtown, Lynden, on May 1st!

Place: Waples Mercantile Building | 100 5th Street, Lynden
Date: Sunday, May 1st
Time: 12:00 pm to 5:00 pm

Upcoming 3on3 Basketball Tournament

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The 18th Annual Curt Maberry Memorial Classic is only 4 months away! This event is held on Front Street in downtown, Lynden. The downtown core on Front Street closes for the tournament and the Northwest Raspberry Festival. Thousands of visitors mill around to enjoy the yearly festival. All entry fees from the 3on3 go directly to the Lynden Chamber of Commerce which helps support community events. Enjoyment for all from the street vendors, live music, raspberries with icecream, classic car show & more! The 3on3 basketball tournament is organized and ran by Jerry Blankers at The Muljat Group North real estate office. Jerry has a passion for all sports and youth. He was recently honored and inducted into the Hall of Fame at the Lynden High School for his dedication to coaching youth sports.
The 3on3 tournament is open from Kindergarten to adult. The dates of the tournament are July 15 and July 16. If you are interested is entering a team, please print and complete the registration form found here:
2016 3on3 Basketball Registration form
Mail or drop off completed registration form with entry fee to: The Muljat Group North real estate office @ P.O. Box 949, Lynden WA 98264 | 505 Front Street, Downtown Lynden
Info on this event may also be found at:
http:www.facebook.com/Lynden3on3Razz
Be sure to follow and ‘Like’ Lynden3on3razz.com on facebook

Muljat Group North Realtors®

List your property with a licensed and professional Realtor®
For a complete list of Muljat Group North Realtors®, please visit:
Muljat North Real Estate Agents
Agents 2016 a

Jolie Winkler, Realtor®

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The Muljat Group North real estate office recently welcomed
Jolie Winkler, Realtor® to the firm.
We hope you get the opportunity to meet, Jolie, soon!
About Jolie
Jolie Winkler, experienced Realtor with Muljat Group North, wife and mother of two, is passionate about and loves the game of real estate! Jolie is an experienced residential and vacation rental landlord and also owns a local interior design business. With this background she is constantly working with many members of the community and would love to help you find potential in a future home and/ or help stage your own home to get it on the market and sold! Not only does Jolie have an amazing work ethic and a gift to serve, she is part of a team that has been in the real estate business for 85 years. With many resources and her connections to the community she is sure to make all of your real estate transactions as seamless as possible. When Jolie isn’t working with clients or building her business, she is enjoying her time with her family and friends.

Contact Jolie Winkler at:
cell: 360.319.1075
email: jolie@muljatgroupnorth.com

Whatcom County Home & Garden Show

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    The 2016 Whatcom County Home & Garden show will be March 4, 5 & 6 at the Northwest Washington Fairgrounds in Lynden.

    HOME & GARDEN SHOW HOURS
    Friday | March 4 Time: 11:00 am – 9:00 pm
    Saturday | March 5 Time: 10:00 am – 9:00 pm
    Sunday | March 6 Time: 11:00 am – 5:00 pm

  • A great place to visit if you are interesting in gardening and anything to do with construction ideas, renovations & more! The home show will have over 200 booths, seminars and wine & beer tasting. Gardening with CISCOE will be at the event on Sunday, 2:00 pm.
    For more info please visit the Building Industry Association of Whatcom County