Caliber Home Loans

We have a new on-site Loan Consultant. It’s been a welcome addition to have Casey at the office! Casey will provide you with superior and personal expert guidance throughout the home financing process.

Casey Porter, Caliber Home Loans
Tel: 360.398.5834
Mobile: 360.510.2840
Email: casey.porter@caliberhomeloans.com
Office location: 505 Front Street, downtown, Lynden
Website: Casey Porter Caliber Home Loans
cporter

Whatcom County Home & Garden Show

  • Poster
    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

    2014 REAL ESTATE MARKET ENDED ON A HIGH NOTE!

    Whatcom County’s real estate market ended 2014 on a high note.

    Based on date from the Northwest Multiple Listing Service home sales and prices were strong in the beginning of the year, lagged in the middle, and finished strong.

    Whatcom County – Median price, $280,000, up 7.7 percent; average price, $314,719, up 8.4 percent; units sold, 2,532, up 5.1 percent; DOM, 103, up 3.0 percent.

    Bellingham – Median price, $298,883, up 1.3 percent; average price, $349,461, up 2.4 percent; units sold, 1,140, up 2.2 percent; DOM, 75, unchanged.

    Birch Bay/Blaine – Median price, $230,000, up 3.6 percent; average price, $275,033, up 6.9 percent; units sold, 293, up 2.1 percent; DOM, 145, up 12.4 percent.

    Ferndale – Median price, $267,500, up 0.9 percent; average price, $284,440, up 5.0 percent; units sold, 391, up 17.1 percent; DOM, 114, up 11.8 percent.

    Lynden – Median price, $264,000, up 3.5 percent; average price, $287,131, up 4.3 percent; units sold, 225, up 7.7 percent; DOM, 105, up 8.2 percent.

    Mount Baker – Median price, $135,000 up 28.8 percent; average price, $162,290, up 11.2 percent; units sold, 168, up 12.0 percent; DOM, 150, down 11.2%.

    Nooksack Valley – Median price, $228,500, up 0.9 percent; average price, $237,667, up 5.2 percent; units sold, 104, up 19.5 percent; DOM, 98, down 26.3 percent.

    Sudden Valley – Median price, $226,000, up 7.6 percent; average price, $235,361, up 5.4 percent; units sold, 160, down 0.6 percent; DOM, 112, up 3.7 percent.
    Source: Bellingham Business Journal, Lylene Johnson

    Home Buyer Education Class

    Attend our FREE Home Buyer Education Class and receive your certificate from Washington State Housing Finance Commission. Taking this class will allow you access to several special loan products offered. This is a 5 hour course that will cover everything involved in the home buying process from start to finish.

    Class Dates: June 10th & June 12th
    From: 5:30-8:30 pm
    Free dinner will be provided; you must pre-register to attend
    Contact an instructor below to register:
    Danielle Groeneweg: 360.483.6490
    Jerry Blankers: 360.410.1297
    Dustin Brumley: 360.389.6605

    SAVE THE DATES!


    Every summer our office organizes & sponsors the 3on3 basketball tournament in downtown, Lynden. This is a fun-filled community event held in conjunction with The Northwest Raspberry Festival. Applications are available at our office and The Lynden Chamber of Commerce. All proceeds from the 3on3 go directly to the Lynden Chamber of Commerce. Volunteers are always welcomed, 360.354.4242

    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

    Merry Christmas

    Thank you for your donations last Saturday evening. Parade spectators were kept warm with a steaming hot cup of soup during the annual Lighted Christmas parade by our office. 300+ cups of soup were served. All donations will benefit the Angel Tree program. The Angel Tree charity buys, wraps and delivers children’s gifts to families in need of some extra help. For pictures of our ‘soup night’ visit our Facebook page at https://www.facebook.com/MuljatGroupNorth A delicious menu of 16 soup options were cooked by our Top Chef Realtors.