The Bellingham Real Estate market is in a growth phase fueled by our unique location  between Seattle and Vancouver, the Waterfront Development Project and the desirable Bellingham life style. Our recession is coming to an end which will be the beginning of an accelerated recovery period that will continue for the next 5-10 years.  Looking at the adjacent charts you can see the Bellingham home appreciation history (OFHEO). For last 12 months starting with the 4th quarter of 08, Annual APR = -4.98%, Quarterly = -3.15%, 5Year = 27.98%, National Ranking (NR) = 191 out of the 292 monitored municipalities in the US for 12 months appreciation. If you are going to invest in real estate the most important parameter is the 5 year estimated appreciation of your property and events that will provide stimulus to the local economy. Bellingham's 5 year appreciation in the 1st quarter of 2007 was 82% which was the beginning of the recession.

Why you should invest  now !

The Bellingham Washington Real Estate market is a prime market for investors for all the right reasons, location, high appreciation, business growth, and quality of life. You can invest in land, residential or preconstruction real estate. Please visit Gallery 4 to view 12 properties prime for investment, Condos, Single Family, Multifamily, Commercial. I have the network in place to provide you with professional real estate investment consulting, financing options and detailed market knowledge to maximize your return on investment and minimize your risk. 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.

Now is the time to invest in Bellingham Washington Real Estate. There is a track record here that communicates demand which relates to appreciation of residential properties and land. The greater Bellingham area has the economic parameters and growth stimulus and should be considered as a potential for investment opportunity. Our growth and demand has been generated by our strategic location and lifestyle. 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 in 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.