Posted: Friday, 22 June 2012 6:07AM
Whatcom Real Estate Market Turning Around
WHATCOM COUNTY, Wash. -- Whatcom County's real estate market may be seeing the start of a turn-around.
Bellingham-area realtor Mike Kent says the inventory of homes for sale in Whatcom County was down last month.
He says the county currently has just over a seven month supply of homes for sale.
Kent says a six month supply of homes marks the tipping point from a buyers market to a sellers market.
He says fewer homes are arriving on the market, and inventories are down compared to the same time last year.
A report by Coldwell Banker Bain published in the Bellingham Herald shows the county had 1,258 homes in May, down 9.2 percent from a year ago.