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As Realtors, the question we are most often asked is, “How is the market” The information that follows is our way of answering that question with logic rather than intuition.

We feel the more houses that sell relative to the total number of houses available, the more active the market is. In other words, if there are 10 houses for sale and 2 of them have sales contracts signed, that is not as active a market as if 5 of the 10 have sales contracts signed. When we track homes sold, we are actually 30 to 45 days behind the market because it takes about that long to close after agreement is reached on a contract. So, we track “pending sales” - those homes that buyers are in the process of buying. Every week we track the number of homes available for sale relative to the number of homes currently under sales contract. From this we know the percentage of available homes that have “pending” sales. The higher the percentage, the more active the market.

To provide a quick visual indicator of market activity, we chart these percentages every week. If the line heads up, the market is heating up. If the line goes down, that’s what the market is doing. We don’t pay a lot of attention to weekly bumps up or down—we are looking for the trend.

July 3rd, 2020

Fireworks Are Going Off For Pending Ratios

Fireworks Are Going Off For Pending Ratios

Real Estate Update for Bellingham & Whatcom County Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s …

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June 29th, 2020

Thinking About The End Of June Pending Ratios?

Thinking About The End Of June Pending Ratios?

Real Estate UPDATE for Bellingham & Whatcom County Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s …

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June 19th, 2020

How Active Is The Market?

How Active Is The Market?

Here are you updated pending ratios! Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and …

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June 15th, 2020

Mid June Pending Ratios For Bellingham & Whatcom County

Mid June Pending Ratios For Bellingham & Whatcom County

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. …

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June 8th, 2020

Updated Pending Ratios For Bellingham & Whatcom County

Updated Pending Ratios For Bellingham & Whatcom County

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. …

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June 1st, 2020

Your Monday Real Estate Market Update

Your Monday Real Estate Market Update

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. …

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May 23rd, 2020

Whatcom County Real Estate Market Update

Whatcom County Real Estate Market Update

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. …

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May 9th, 2020

Whatcom County Current Pending Ratios

Whatcom County Current Pending Ratios

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. …

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May 1st, 2020

Your Friday Real Estate Report for Bellingham & Whatcom County

Your Friday Real Estate Report for Bellingham & Whatcom County

Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. …

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April 20th, 2020

Your Monday Whatcom County Real Estate Market Update!

Your Monday Whatcom County Real Estate Market Update!

With the current situations of the world it's leaving many of us curious what this means in terms of the housing market! Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how many of those homes have pending offers on them. Pending is the time frame between when an offer …

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