Let’s take a look at what happened with the Whatcom County housing market at the end of June 2020!!
Wow! It seems we ended the month of June the same way we started it! HOT!
We had some good news again on the number of NEW listings that came on the market, with 83 coming on market the last 7 days. Combined with the 15 listings that came back on market for various reasons, that is just under 100 homes to choose from!
While that is great news, the flip side of the latest numbers showcasing our hot market is the fact that we had a TON of activity regarding PENDING and SOLD listings (contingent/cancelled/expired too) that took buyer options off market. All these combined to take almost 300 listings OFF market!
What does this mean? It’s a GREAT time to sell with the LOW inventory! WE NEED MORE LISTINGS!!
Is there good news for buyers? YES! With HISTORICALLY LOW interest rates, it’s never easier for people to make the leap from being renters to home owners!
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