RECENT BLOG POSTS
A client asked us about what is important to students for housing?  With WWU dominating the local landscape in Bellingham, it's a good question.  We have sold 100's of units in this market and have had the opportunity to meet with many owners and tenants. We love student rentals for so many reaso...
02/05/2011
This blog is local condo discussion in Bellingham WA. Our clients and Facebook buddies have asked: Why the Drake Condominiums have done so well? How is that they are selling at 70% premium to average per foot condo prices in Bellingham?  Also, Why the sudden interest and activity in the last avai...
01/08/2011
Howl back at the WOLF when you can.  What we learned from the "Wolf" blog (http://activerain.com/blogsview/1829147/when-the-wolf-is-running-the-hen-house) is that there are some pretty savvy realtors out there to help us!  I think it really hit a nerve. A great debate followed.  Thanks to all you...
09/05/2010
on short sales..INSANITY RULES Author's Added Note:  Wow - this hit a nerve!  I know its supposed be a fox, but foxes are cute so I chose a wolf.  Also the following discussion does not mean we shouldn't help our short sale sellers. Listing short sales is a specialty skill - If you aren't sure ho...
08/30/2010
Lorena Foster | Keller Williams Western Realty | (360) 920-1323 1002 21st Street, Bellingham, WA The Boardwalk Apartments offer 18 units of 1 bedroom/studio living, just blocks from WWU! Multi-Family, 18 units offered at $1,775,000 Year Built 1997 Sq Footage 12,600 Floors 3 Parking Unspecified L...
08/25/2010
I am weighing in on Property Management in this blog. This is a huge issue for our clients. The effect of poor PM on real property value is staggering.  In this market we need every advantage to get fair market value for our Multifamily and Condo clients.  Editors: note: In my examples, I am not ...
07/13/2010
As Realtors, we always get upset when we see a badly treated property.  Whether it is a house or an apartment complex, the first emotion that comes to mind is a sadness at the loss of value and the loss of potential for happiness.  Then, usually, a little hope.... Imagine if.... I must admit that...
06/24/2010
I can't tell you how many times I have done a careful analysis of the market value of a property only to be second guessed by my client.  The result is usually a failed effort, wasted time and a lost opportunity.  Greed kills.  Why the gap? Buyers are expecting a phenomenal deal!  They have heard...
05/28/2010
Absolutely not!  We consider a number of factors when contemplating the current Bellingham and Whatcom County investment opportunities.  Punished properties, high CAP rates, low interest rates, low prices, a strong Canadian dollar, high inventories, failed condo complexes, short sales, foreclosur...
05/27/2010
Rainmaker
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Foster Group Realtors - HomeSmart One Realty

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