Bellingham Real Estate Sales Statistics

Blogged under Real Estate Sales Statistics by Meghan on Wednesday 31 May 2006 at 12:58 pm

Here are the real estate sales statistics for Bellingham and Whatcom County for the week ending May 31, 2006.

The pending ratios are as follows for the following cities:
Bellingham: 28%
Blaine/Birch Bay: 18%
Ferndale: 19%
Lynden: 22%
Sudden Valley: 22%

Here is a PDF file of Bellingham Real Estate Sales Statistics, Blaine and Birch Bay Real Estate Sales Statistics, Ferndale Real Estate Sales Statistics, Lynden Real Estate Sales Statistics and Sudden Valley Real Estate Sales Statistics.
Whatcom County Real Estate Statistics May 31, 2006 

What are Real Estate Sales Statistics and how do we track them? Click here to find out more.

If you have any questions about these real estate sales statistics in Whatcom County or want a particular price range graphed, please let us know!

Bay View Towers Support the Arts!

Blogged under Bellingham, Growth by Meghan on Friday 26 May 2006 at 10:42 am

Bay View Towers, the 23-story project being proposed for Bellingham has agreed to pay $353,000 towards cultural projects downtown. That is the amount of money they would have paid in park impact fees had they not applied for the project before the city imposed those fee requirements.

The developers feel that cultural developments are what makes a downtown vibrant and will make them want to live there. Bay View Tower will have 124 residential condominiums including several penthouse suites selling for over $2 million.

$40,000 of the money will go towards Depot Market Square which is a city owned lot at the south end of Railroad Avenue. Campaign for Arts would be the other main beneficiary.

The City of Bellingham recently decided that the project would not have any significant environmental impact with conditions. People can comment on that decision until Wednesday June 7.

Pending Ratios

Blogged under Real Estate Sales Statistics by Meghan on Thursday 25 May 2006 at 4:35 pm

Here are the pending Ratios for this week:

Bellingham: 29%
Blaine/Birch Bay: 17%
Ferndale: 20%
Lynden: 22%
Sudden Valley: 18%

Here are the graphs showing the trend over the past 18 months: Pending Ratios 05.24.06 

What are pending ratios?

St. Joseph Hospital Ranks High

Blogged under Bellingham, Random by Meghan on Monday 22 May 2006 at 1:41 pm

Bellingham’s St. Joseph’s Hospital was ranked in the top 100 hospitals out of over 2900 by Solucient, and independent health care research organization. Hospitals were ranked based on quality of care, operational efficiency, financial and adaptation to the environment.

1901This honor comes to Whatcom County’s hospital at a special time as they are celebrating their 115th anniversary. This picture shows the hospital in 1901 when it was located on Forest Street.

Their current facility was built in the 1960s and has expanded since then.

Can’t Force Urban Villages

Blogged under Bellingham, Urban Village, Growth by Meghan on Friday 19 May 2006 at 11:33 am

23 urban villages have been recommended for accommodating Bellingham’s growth, although the new comprehensive plan says that most of these cannot be relied on to be developed in the next 20 years. While urban villages are great and can help with growth, they cannot be forced.

An urban village is a HUGE project for any developer to take on. Residential, commercial, parking and park space are all combined into one fluid project. It is a very large and expensive project.

Here in Bellingham our best example of an urban village is Barkley Village. It has been well designed with a consistent style throughout. It has shops, groceries, services and offices and is a very popular place, but it is missing one fundamental piece: residences.

An urban village is meant to be a place where people can live, work and enjoy the community that smaller towns experience while still living in an urban city setting. The idea is that you live there (usually upstairs with shops below) and down in the common area are all the amenities that you need - hopefully even your own job, eliminating the need for a vehicle.

There are several challenges that I see with putting in 23 urban villages:

Location. Many people in our area are pushing to limit urban sprawl and increase density. While an urban village would satisfy the density aspect, the reality is to do this kind of project from scratch requires a large open space.

Communal living. Are people ready to give up their private backyards and large garages? Not sure, but that inclination is not reflected in most of the requests we get from buyers.  Single family homes with yards are still the Number 1 choice with our clients.

Businesses. Finding enough businesses to fill the commercial space below, at a lease rate they can afford, can be a challenge.  Small business is not easy, and the attrition rate is extremely high.  Sustaining the village in terms of jobs and services needed may be a challenge.

Money. As with many things, the dollars must be taken into consideration. An urban village would cost millions of dollars to develop, and the payout comes a long time after the investment.

Many people by now must think that I am completely anti-urban village. Not true. I think that urban villages are wonderful, and when implemented properly, can be an excellent addition to a community and a great way to live. At the same time I am a realist and I see difficulties in mandating a certain amount of urban villages, particularly in a city the size of Bellingham.

The Solution?
I hate it when people nag about a problem but then don’t offer any potential solutions in return. So here is mine: wait for Barkley Village to finish. They are supposed to be putting in some condominiums in the next couple of years. Once they are finished and occupied, then lets look at how it is working. Bellingham has a very unique character and I think that it would be difficult to take a big city solution and stamp it into mid-size Bellingham. Let’s complete Barkley Village, learn from Barkley Village, and then decide if it is compatible with a Bellingham lifestyle.

Any other potential solutions? I would love to hear them.

It all comes down to money

Blogged under Whatcom County, East County by Meghan on Friday 19 May 2006 at 10:04 am

Whatcom County Council this week defended their decision to put the new community center on the donated land in Balfour Village as opposed to the land across the street from Kendall Elementary School. The land opposite the school at Kendall Road and Mt. Baker Highway was favored by most because they felt that it was the most central location. However, the land in Balfour Village was donated.

Although the county council listened to residents, at the end of the day it came down to money. With the land being donated and water and sewer already on the property, it will save the county approximately $2 million. Economically, the land in Balfour Village just made sense.

I feel a bit bad for the people of that area since there was such high support for the elementary school location. However, the reality is that is $2 million more that can be put into the community center and it’s services.

Pending Ratios for Homes in Whatcom County

Blogged under Real Estate Sales Statistics by Meghan on Thursday 18 May 2006 at 8:57 am

Here are the pending ratios for homes in Whatcom County for this week.

The numbers for the individual areas are as follows:
Bellingham: 28%
Blaine/Birch Bay: 19%
Ferndale: 21%
Lynden: 24%
Sudden Valley: 17%

Here are the graphs showing the trends over the past 18 months. Pending Ratios for 05.17.06

What are pending ratios?

If you want more details about a specific price range, just let us know!

Whatcom County Real Estate Development

Blogged under Whatcom County, Whatcom County, Lummi Island, Development by Meghan on Tuesday 16 May 2006 at 10:49 am

Warehouses
Jansen Inc has applied to build concrete tilt-up warehouses on 72 acres at Grandview and Atwood Roads. The project would be at the I-5 Industrial Center. The comment deadline is today.

Semiahmoo Project
Craig Parkinson’s proposed rezone and development at Semiahmoo have been determined to have so significant environmental impact, with conditions. The project will include up to 200 homes and 134,000 square feet of commercial space on 36.2 acres at the south end of Semiahmoo Parkway. The comment deadline is Wednesday, May 17.

Sunrise Meadows
Rick Osburn has proposed building 45 homes on 20 acres at Blaine and Arnie roads. People can comment on the project, Sunrise Meadows, until Thursday May 25.

Bertrand Creek
Whatcom County Council has determined that their own application to move and modify levees along Bertrand Creek would have no significant environmental impact. People can comment through Wednesday May 24.

Environmental Impact
The following proposals have been determined by Whatcom County Council to have no significant environmental impact:
- Lummi Island ferry parking lot on Nugent Road
- changes to the urban growth area including changing zoning density and cluster requirements for subdivisions
- changes to the rules governing the production of mushroom compost,
- replacing the Loomis Trail Road bridge
- repairing the Sulphur Creek bridge

The comment deadline for the environmental determination on these proposals is Tuesday May 23.

For more info call 676-6907 or go to www.whatcomcounty.us/pds/

Sumas Real Estate Development

Blogged under Sumas, Development by Meghan on Monday 15 May 2006 at 3:27 pm

Duplexes
Terry Engels has proposed building 4 duplexes on the 300 block of Garfield St and people can comment about it through Monday May 22. The City council will hold a public hearing on Monday, May 22 at 7pm, in Sumas City Hall at 433 Cherry St.

For more info call 988-5711

Lynden Real Estate Development

Blogged under Lynden, Development by Meghan on Monday 15 May 2006 at 3:25 pm

Higher Density
David Evans and Associates have applied to allow more than one building on each residential lot in a residential mixed density zone. The comment deadline for this application is Wednesday, May 24. The Lynden Planning Commission will hold a hearing at 7:30 pm on June 15th in the City Hall Annex at 205 Fourth St.

Comprehensive Plan
Requests for changes to the comprehensive plan to be made this year can be submitted through Thursday June 15.

For more info call 354-5532.

Next Page »

Proudly powered by Wordpress - Theme Triplets Identification band, the boyish style by neuro