Tuesday, August 19, 2008

2nd Quarter 2008 WCRER Housing Analysis: Whatcom County WA

Here is some interesting and helpful housing data:

According to the Washington Center for Real Estate Research 2008 Second Quarter Housing Analysis; Whatcom County home re-sales were down - 14.7% from the previous quarter, and down -26.5% from the second quarter in 2007. Statewide home re-sales were down -8.5% from the previous quarter and down -31.7% from the second quarter in 2007. Overall building permits in Whatcom County are down -42.9% from the second quarter of the previous year, in comparison to the -29.7% reduction statewide. The median re-sale home price in Whatcom County is $280,000, below the statewide average of $291,900. The 2008 second quarter Housing Affordability Index (HAI) was 90.9 for Whatcom County, slightly lower than the statewide index of 95.5.

See all county info: http://www.wcrer.wsu.edu/WSHM/2008Q2/Snapshot_2008Q2.pdf

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