Whatcom County Transitions To a Annual Real Property Revaluation Program

Per the Whatcom County Assessor Webpage: "The Washington State Dept. of Revenue has approved the Assessor’s Office plan to transition to an Annual Real Property Revaluation program. Beginning in 2010 for property taxes due in 2011, one-sixth of the County will be inspected and all property will be statistically revalu...ed annually." See information/question and answers at link below.

http://www.co.whatcom.wa.us/assessor/index.jsp

WCRER Housing Analysis/ 2009 2nd Quarter/ Whatcom County WA

According to the Washington Center for Real Estate Research 2009 Second Quarter Housing Analysis; Whatcom County home re-sales were up 10.0% from the previous quarter, and down -15.7% from the second quarter in 2008. Statewide home re-sales were up 11.6% from the previous quarter and down -15.6% from the second quarter in 2008. Overall building permits in Whatcom County are down -51.1% from the second quarter of the previous year, in comparison to the -55.5% reduction statewide. The median re-sale home price in Whatcom County is up to $265,000 (down -5.4% from the second quarter in 2008), slightly below the statewide median of $265,100 (down -9.2% from the second quarter of 2008). The 2009 second quarter Housing Affordability Index (HAI) was 110.3 for Whatcom County, lower than the statewide index of 123.2

WCRER Housing Analysis/ 2009 1st Quarter/ Whatcom County WA

According to the Washington Center for Real Estate Research 2009 First Quarter Housing Analysis; Whatcom County home re-sales were down -4.3% from the previous quarter, and down -32.8% from the first quarter in 2008. Statewide home re-sales were down -8.6% from the previous quarter and down -30.6% from the first quarter in 2008. Overall building permits in Whatcom County are down -53.8% from the first quarter of the previous year, in comparison to the -53.3% reduction statewide. The median re-sale home price in Whatcom County is down to $259,900 (down -7.2% from the first quarter in 2008), above the statewide median of $253,500 (down -13.7% from the first quarter of 2008). The 2009 first quarter Housing Affordability Index (HAI) was 109.6 for Whatcom County, lower than the statewide index of 125.5

Project Updates Bellingham's Waterfront Redevelopment

Here s some interesting information about Bellingham's Future Waterfront development:

Per the Port of Bellingham Spring Newsletter "In March 2009, a group of local volunteer architects made a presentation to the Council and Commissioners regarding waterfront redevelopment concepts. Since that time, City, Port, Western Washington University, members of the local volunteer architect group and others have discussed priorities and options that would support finalizing a waterfront master planning process."

See the pdf report here:

http://www.portofbellingham.com/library/files/Waterfront_Redevelopment/2009-03-04-waterfront-architects-report.pdf

For more information meetings on the subject will be held:

6:30 - 8:30 p.m. April 29 Port & City Waterfront Public Information Meeting, Update on Planning Framework & Planning Assumptions, Bellingham Cruise Terminal, 355 Harris Avenue.

6-8 p.m., May 13 Port & City Waterfront Advisory Group Regular Meeting, Harbor Center Conference Room, 1801 Roeder Avenue.

For all project updates see:

http://www.portofbellingham.com/content/ArchivesItem_147_1657_v

WCRER Housing Analysis/ 2008 4th Quarter/ Whatcom County WA

According to the Washington Center for Real Estate Research 2008 Fourth Quarter Housing Analysis; Whatcom County home re-sales were down -15.5% from the previous quarter, and down -36.6% from the fourth quarter in 2007. Statewide home re-sales were down -15.8% from the previous quarter and down -29.1% from the fourth quarter in 2007. Overall building permits in Whatcom County are down -48.7% from the fourth quarter of the previous year, in comparison to the -53.4% reduction statewide. The median re-sale home price in Whatcom County is down to $264,000 (down -7.4% from the fourth quarter in 2007), below the statewide median of $266,700 (down -9.3% from the fourth quarter of 2007). The 2008 fourth quarter Housing Affordability Index (HAI) was 97.9 for Whatcom County, lower than the statewide index of 107.5.

WCRER Housing Analysis/ 2008 4th Quarter/ Skagit County WA

According to the Washington Center for Real Estate Research 2008 Fourth Quarter Housing Analysis; Skagit County home re-sales were down -24.2% from the previous quarter, and down -46.8% from the fourth quarter in 2007. Statewide home re-sales were down -15.8% from the previous quarter and down -29.1% from the fourth quarter in 2007. Overall building permits in Skagit County are down -60.6% from the fourth quarter of the previous year, in comparison to the -53.4% reduction statewide. The median re-sale home price in Skagit County is down to $263,700, (down -2.0% from the fourth quarter in 2007), below the statewide median of $266,700 (down -9.3% from the fourth quarter in 2007). The 2008 fourth quarter Housing Affordability Index (HAI) was 96.9 for Skagit County, slightly lower than the statewide index of 107.5

WCRER Housing Analysis/ 2008 4th Quarter/ Island County WA

According to the Washington Center for Real Estate Research 2008 Fourth Quarter Housing Analysis; Island County home re-sales were down -13.4% from the previous quarter, and down -21.4% from the fourth quarter in 2007. Statewide home re-sales were down -15.8% from the previous quarter and down -29.1% from the fourth quarter in 2007. Overall building permits in Island County are down -58.8% from the fourth quarter of the previous year, in comparison to the -53.4% reduction statewide. The median re-sale home price in Island County is down to $298,000, (down -1.0% from the fourth quarter in 2007), above the statewide median of $266,700, (down -9.3% from the fourth quarter in 2007),. The 2008 fourth quarter Housing Affordability Index (HAI) was 86.8 for Island County, lower than the statewide index of 107.5.

Website: State & Local History in Washington State-- Worth Checking Out.

We recently found a very interesting website that we thought was woth sharing History Link. Org.

http://www.washington.historylink.org/index.cfm

It is an online enclyclopedia of state and local history in Washington state.

Here is a little bit of info per their website:

"HistoryLink.org is an evolving online encyclopedia of HistoryLink.org provides a free, authoritative, and easily accessible history reference for the benefit of students, teachers, journalists, scholars, researchers, and the general public. With a few noted exceptions, all essays and features on this site are original works prepared exclusively for HistoryLink.org by staff, contract writers, volunteers, and consulting experts. The encyclopedia contains more than 5,000 essays as of September 2008. It is constantly expanding, with new essays added every week."

Great website definetly worth a look.

Keeing up with new technology in the housing /building sector.

There are so many innovations taking place in building technology, it is difficult to keep up!
Here are some interesting web sites with a ton of information:

Tool Base Services is the housing industry's resource for technical information on building products, materials, new technologies, business management, and housing systems. : http://www.toolbase.org/index.aspx

Path -The Partnership for Advancing Technology in Housing (PATH) is dedicated to accelerating the development and use of technologies that radically improve the quality, durability, energy efficiency, environmental performance, and affordability of America's housing.
http://www.pathnet.org/index.asp

US Department of Energy: Residential Buildings: Energy Efficient Building Practices.
http://www1.eere.energy.gov/buildings/residential

Belligham Mayor's Waterfront Connection Plan Info

Per City of Bellingham website: "Pike presented his Waterfront Connection Plan to the Bellingham City Council and community on Sept. 29, and expects to engage the public in considering its pros and cons.
Public open houses scheduled for Nov. 13 and Nov. 17 offer public opportunities to review the Waterfront Connections Plan and weigh in on options that will shape the look and feel of our downtown and waterfront for generations to come."
The PDF can be viewed here: http://www.cob.org/documents/issues/waterfront-connections-plan.pdf

Washington State's Financial Institution Information

With all of this scary financial news, it is difficult to keep up with all the latest developments! One place to gather information about Washington State Financial Institutions is the WA DFI: http://www.dfi.wa.gov/

This website has an excellent question and answer section that covers such current changes in the market such as; deposit safety, money market funds, AIG, mortgage payment issues, etc. here: http://www.dfi.wa.gov/consumers/economy.htm

Another helpful link (FDIC) on the financial health of your current baking institution can be found here: http://www2.fdic.gov/idasp/main_bankfind.asp

A helpful link o the finacial health of your credit union can be found here: http://www.ncua.gov/indexdata.html

Here is a set of links put together by the FDIC on the different bank and financial instituion ranking systems: http://www.fdic.gov/bank/individual/bank/index.html

Energy Saving Shareware/ Check this out.

Just saw a news clip on this computer energy saving software and it looked pretty cool. Per the Edison website the program was "created by Verdiem's patented PC power-management technology, which is used by major corporations the world over, Edison is an innovative application that brings dramatic PC energy savings into homes like yours. Easy to download and install, Edison enables you to manage your PC's power usage, save on energy costs, and help preserve the environment."

Check out the link: http://www.verdiem.com/edison/

Tried itout and it doesnt seem to slow my computer at all:)

One (or Two) Click Search for County/ City Info in WA

There are many helpful websites in the quest for local information; here is a great wesite for finding all of a Washington State's city info, from Aberdeen to Zillah & county info as well! It is the Municiple Research and Services Center of Washington (MRSC for short). Per their website: (MRSC) is a non-profit, independent organization created in 1969 to continue programs established in 1934 under the Bureau of Governmental Research at the University of Washington. In 1997, Washington counties joined cities in funding MRSC, and in 2007, special districts were added. Our mission is "working together for excellence in local government through professional consultation, research and information services."
This website is very helpful you can find out everything from a city's officials to its municiple code, very good site for those of us in WA real estate

City Info: http://www.mrsc.org/cityprofiles/citylist.aspx


County Info: http://www.mrsc.org/countyprofiles/profilesmenu.aspx