DUPLEX BUILDING LOTS!


These duplex/building lots are located on the outskirts of Lynden, Homestead Golf and Country Club. A true resort course with wide landing areas and multiple trees for recreational golfer. This is the only golf course in Washington with a par five that plays into an island green. This beautiful finishing hole has been voted best par 5 finishing hole in the state.
Act quickly as these are 1 of only 3 Duplex building lots left on the prime Homestead Golf Course! Right on the 17th fairway with mountain views. Great opportunity to build your dream condo and sell or rent the other side! A great builder investment property. Lots are conveniently located near Homestead’s Clubhouse and many other amenities.
2200 Greenview Circle, Lynden WA (Lots 9,10) priced at only $99,000 | MLS# 609623
2200 Greenview Circle, Lynden WA (Lots 7,8) priced at only $110,000 | MLS# 609616

SPRING INTO A NEW HOME!


According to the Daily Real Estate News inventories of homes for sale have increased 10 percent year-over-year, signaling growing seller optimism and a strong, early start to the spring home-buying season. The median list price edged up 76 percent higher in February compared to year-ago levels. The nationwide median list price is $199,000, realtor.com reports. Seller confidence is the factor to watch as we head into the spring home-buying season, and these are very encouraging indicators – not only are more homes coming onto the market, but typically we don’t see a rise in asking prices this early into the year. This is the market sellers have been waiting for. Still, realtor.com notes that inventories are still low by historical standards. About 99 of the 146 markets that realtor.com tracks saw year-over-year gains in inventory levels.

CREEKSIDE CONDOMINIUM – NEWLY LISTED!

Beautiful 3 bedroom condo in a well-maintained complex! This unit is warm & elegant. Features include crown molding, warm colors, newer wood laminate floors. The great room is “great” with a wood burning stove, vaulted ceiling and view of the treed backyard. Updated kitchen with a nice sized dining area and a deck for dining too. Large bonus loft area above the great room and kitchen area. Main floor master suite with walk-in closet and nice size bathroom. Detached single car garage with storage. Priced at only $199,000 / MLS# 602392 / 107 Fairside Drive #23 / Lynden, WA. Call The Muljat Group North for a showing 360.354.4242

BUY A HOME & GET SOME TAX BREAKS!

With the housing market improving in some regions of the country, many people are becoming new homeowners. Now that you are homeowner, you have some new tax considerations. The good news is you can deduct many home-related expenses. And most homeowners enjoy tax breaks even when they sell their residence. Mortgage Interest. Your biggest tax break is reflected in the house payment you make each month since, for most homeowners, the bulk of that check goes toward interest. All that interest is deductible, unless your loan is more than $1 million. Interest tax breaks don’t end with your home’s first mortgage. Did you pull out extra cash through refinancing? Or did you decide instead to get a home equity loan or line of credit? Generally, equity debts of $100,000 or less are fully deductible. Thinking of buying a second home? Mortgage interest on a second home also is fully deductible. You can even rent out your second property for part of the year and still take advantage of the mortgage interest tax deduction as long as you spend some time there. Points. Did you pay points to get a better rate on any of your various home loans?  The IRS lets you deduct points in the year you paid them if, among other things, the loan is to purchase or build your main home. Make sure your loan meets all the qualification requirements so that you can deduct points all at once. Taxes. Another major deduction in connection with your home is property taxes.  A big part of most monthly loan payments is taxes. This amount should be included on the annual statement you get from your lender, along with your loan interest information. These taxes will be an annual deduction as long as you own your home. But if this is your first tax year in your house, dig out the settlement statement sheet to find additional tax payment data. When you sell. When you decide to move up to a bigger home, you’ll be able to avoid some taxes on the profit you make. source: Kay Bell, MSN 1/29/14

PRICE REDUCED – 1400 FRONT STREET, LYNDEN WA

This beautiful home is located in downtown Lynden, Washington. Picture perfect setting on tree-lined Front Street! Watch the local parades roll past from the covered front porch. You will feel right at home as this home boasts character and charm…wood trim, fir floors, updated bathrooms, cedar lined closets and a mostly finished basement. Large corner lot with a fully fenced backyard to enjoy. The price has just been reduced ~ here is your chance to own your very own home on Front Street in downtown Lynden! Come and check it out!

MUSICAL EVENT

Looking for something to do this weekend? Lynden High School Performing Arts will be presenting: IRVING BERLIN’S WHITE CHRISTMAS – The Musical. Performances start February 21st. Purchase your tickets at The Lynden High School Office or at the door.

RELAY FOR LIFE BENEFIT DINNER!

Looking for a night out that benefits a good cause? Relay For Life is having a Dinner – Auction & Entertainment this Saturday, February 15. Space is limited so get your tickets soon!

MARKET RESEARCH STATS

Some interesting stats we came across in RE magazine you may find interesting:

  • 3.9% apartment vacancy rate in Washington; down from 4.5% in 3rd quarter 2012
  • 80.6 Housing Affordability Index for first-time buyers in 3rd quarter
  • $958 Average rent for 1-bedroom apartment in WA; increase of 7.9% in the last year
  • $263,400 Median price resale homes in Washington in 3rd quarter
  • 13,531 Number of completed foreclosures in WA (Jan-Oct); 64.8% more than last year
  • 4.1 Month’s supply of homes on market in WA, 3rd quarter; down from 5.8 last year
  • 38 Number of WA counties with All Buyer Housing Affordability Index above 100
  • 8.4% Increase in median home price in WA 2012: Q3-2013: Quarter 3
  • 34,947 Homes listed for sale in MLSs in WA as of end of 3rd quarter; 4.7% fewer than a year ago
  • 55,900 Number of WA mortgages at least 90 days past due or in foreclosure; down 6.7% from 2nd quarter and down 28.1% from a year ago.
  • Statistics provided by Glenn Crelin, Associate Director for Research, Runstad Center for Real Estate Studies, University of Washington

WHATCOM COUNTY WATER RIGHTS MEETING

Water Rights Meeting

January 20th, 2014

10 am – 1pm

Mt. Baker Rotary Building, Lynden

Important Whatcom County water issues will be discussed in an upcoming meeting. If you are a farmer, owner of acreage, or just interested in Whatcom County water issues please come hear what Lummi Nation and ReSources (local environmental advocacy group) have to say about water in our county, and what this may mean for farmers. Hear ADC Water Attorney Bill Clarke’s evaluation of farmers’ options. Discuss how the farming community can work together to ensure the continued viability of ag in this area. Provide your input to the Ag District Coalition on our current strategy and next steps.

Lunch Provided – For Info Please Call 360.306.3580 – info@whatcomadc.org – wfcoop.com/resources/ADC

Be Informed, Be Proactive, Be Responsible

Organized by the Ag District Coalition

SALES “CHUGGING ALONG”

Improving inventory, stabilizing prices, fewer short sales, and a healthy local economy are credited with keeping the real estate market “chugging along nicely” around western Washington, according to brokers with the Northwest Multiple Listing Service. The latest figures from Northwest MLS show year-over-year gains in inventory (up 4.8 percent), pending sales (up nearly 1.9 percent), closed sales (up 5.3 percent) and median selling prices (up 4.86 percent). Brokers reported 6,624 pending sales (mutually accepted offers) of single family homes and condominiums during November, improving on the year-ago total of 6,522 for a 1.56 percent increase. Rising rates are playing a part in motivating buyers. It’s typical to see housing sales slow during this time of year because of the holidays, but even so, sales are still strong. Looking ahead, brokers tend to agree positive momentum will continue, but hurdles such as unrealistic sellers, new loan regulations, and threats to purchasing power remain. The market is poised for another solid year in 2014, but buyers are “out of breath”, said Dick Beeson, noting attention is diverted to holidays and national uncertainties. Sellers who are thinking of selling could benefit by listing now instead of waiting for the expected ramp-up of acitivity in January. “Traditionally, the number of new listings coming on the market during the holidays declines at a higher rate than buyer demand, thereby making the buyers-to-new-listings ratio advantageous for sellers. MLS director Frank Wilson believes it will be more expensive to buy a new home during 2014. “Slow but steady price appreciation, upward pressure on interest rates and increased costs of getting a loan will all work to decrease the buyer’s purchasing power.” article by NWMLS 12/4/13