Bellingham Washington Real Estate Appreciation





Bellingham Washington Population Growth
The Bellingham Washington Real Estate Market

Our recession is coming to an end which will be the beginning of an accelerated recovery period that will continue for the next 3-5 years. Looking at the adjacent charts you can see the fall of Bellingham home appreciation. For last 12 months ending with the 1st quarter of 2010,  Annual APR = -7.53%, Quarterly = -1.56% and  5Year = 16.51%. On the upside a company called POLICOM created a economic strength rankings for all Metropolitan Statistical Areas since 1996 for 2010. Seattle-Tacoma-Bellevue WA was ranked #1 in the country out of 366 Metropolitan Areas, Bellingham was #42. Bellingham is poised for growth.Economic strength is the long term tendency for an area to consistently grow in both size and quality.”


Why you should invest  now !

The Bellingham Washington Real Estate market is a prime market for investors for all the right reasons: (1) historically low interest rates, (2) property values at a all time low (3) South Hill, overlooking Bellingham Bay and the Waterfront Development site occupies a very strategic and highly leveraged location and is in high demand (4) We are now in the "recovery phase" which will continue for the next 3-5yrs increasing property values.

A successful real estate investment strategy must be able to leverage local and national events to create accelerated property appreciation over the next 3-5 years. I will detail the strategy, timetable and required investment amount to provide you an effective annual return on your investment for 3-5 years of  22-25%. Please call me @ 360 201 2914 and give me the opportunity to present to you the detailed investment plan (Executive Summary) for South Hill. Don't miss this opportunity.

The  Bellingham Population Change from 1890-2002 chart to the left communicates the history of population growth and the projected growth through 2022, however it does not include the population growth from the demand and economic stimulus that will be injected into our local economy from the Waterfront Development Project.

For some 20 years Bellingham did not have access to a  waterfront, it was owned by the Georgia Pacific Paper Company. The city of Bellingham and the port authority purchased the property from Georgia Pacific in 2005, 137 acres of waterfront. The development of this waterfront (largest in the US) will create a new life style for the greater Bellingham area with over-the-water boardwalks, a new marina, parks, hospitality and most important connect Bellingham to it's waterfront. A new lifestyle that provides a better way of life creates demand which has been demonstrated by Grandville Is  Vancouver BC and Gas Works Park in Seattle WA. Our project is 10 times larger that Gas Works Park and 5 times larger than Grandville Is. The Waterfront Development Project will stimulate growth and generate a  New Bellingham Economy by 2016. Please visit the "Executive Summary" in "local news".