North Bellingham - In this tough real estate market we are experiencing here In the Bellingham area, one bright spot has been the sales of brand new one story homes in North Bellingham. This past year has seen a big drop off in sales for the Whatcom County area and new construction has been hit just as hard. Bellingham new home sales are down 26.5% for the first ten months of 2008 compared to the same period in 2007. The combined new home sales for Ferndale, Lynden, and Blaine are down almost 40% year over year in the same periods described above.

 

I have represented Roosendaal-Honcoop Construction for the past 14 years of my real estate career, where the builder has been building brand new homes in the North Bellingham area. When they started building homes in their newest community of Liberty Park, we did an extensive study on the new homes market and found that 78% of all new homes being built today are two story homes. One story homes made up the smaller demographic of only 22%. The reason most new homes today are two story's are because of the size of the lots force most builders to build up instead of wider with ramblers.

 

RH Construction decided to build to that niche market and increase the amount of one story homes in the new Liberty Park community to 40% and then 60% two story homes to capture more sales. In this 2008 real estate market they have sold every new rambler that has been built to date. In Fact they are selling their ramblers sometimes before they are even finished and ready for sale.

 

The building lots in Liberty Park start at a minimum of 8,500 square feet and some are as big as 14,000 square feet. Most of the lots though are under 10,000 square feet. These are nice size lots though compared to most lots that are offered in the Bellingham market place, so this allows them to build a nice mix on one story and two story homes.

 

Visit Liberty Park homes website or stop out and see Jerry  on the weekends at one of his open houses held every Saturday and Sunday.  We currently have two brand new one story homes that are under construction and currently for sale. Visit our Bellingham featured homes page for more details on all of our properties for sale.

 

Jerry Campbell - The Muljat Group - Bellingham WA - Ferndale Homes For Sale