After reading all of the above posts, I have to agree that the real estate market is definitely in outter space in Bellingham and unfortunately.....this is true nationally with possibly the exception being the state of Texas.
I have lived in Texas and it really sucked!
I lived in Colorado and watched it too become overrun with Californians and others with too much money. The greed that went with... that spread corruption in the local government politics and other BS..... goes all the way to the top anyway and I became pretty disgruntled with what became of that state too.
But.....that's the American way especially when we elect politicians who really don't care about the people on an individual level anymore anyway.
Big Business...Corporate America....come FIRST! So the middle class gradually ceases to exist and soon its just the po' folk catering to the rich.....the path America has been on for a long time now.....especially since Reagan's day.
In a previous post.....someone said poverty=crime. That is not always true....generally it is but one thing IS true......GROWTH=crime.
I'm poor and NOT a criminal but I KNOW that crime increases with growth so I truly hope a lot of people DON'T move here like I did. I hope the gray and long, dreary winters keep a lot of people away.
Open space and natural beauty are things not to take for granted anymore and you really cannot put a price on.
I moved to Whatcom County a couple years ago and despite very long periods of gray, damp weather (Nov-April) and an unusually brutal winter this past year with 18 inches of SNOW in a single storm in Birch Bay (sea level).......it definitely beats the crap out of EVERYWHERE else I ever lived or even visited in this country!
I have lived or passed through pretty much everywhere from New York City to Hawaii and this place is VERY beautiful despite its downsides.
BTW.....Hawaii is the ONLY other place I can compare such beauty to (on a tropical level though).

Overall......it IS a very sad situation IMO.....nationwide and the future looks pretty bleak for the entire nation IMO......as long as things continue on the path they are now.
As far as Bellingham and this area is concerned.....it is very apparent that there are contributing factors not noticed in other parts of the country that are making it quite expensive to live here and one big factor is the sheer number of Canadians who infiltrate this county.
Gas prices have leveled off in the past few days to around $3.50/gal. unleaded and it is also very apparent that the housing market has slowed quite a bit in the last year.
The Canadian dollar is pretty strong at the moment and the American dollar not so great......very noticable here!
Most homes that are listed on the market are truly overpriced by about double what they should be and only time will tell where that goes.
Also.....the 2010 Winter Olympics are just around the corner and being that they are going to be in Vancouver B.C. could drastically affect Whatcom County prior to and afterwards in so many ways. (Something to think about).
Personally.....my family STRUGGLES financially and we have really had to make some changes as a result of the gas prices.......but the way we see it......WE would much rather be poor and live HERE than wealthy and live in MOST other places in this country!
It' TOO damn beautiful HERE!!!
