News

Experts say home prices too high

Experts say home prices too high

Photo: clipart.com

KGMI News Reporting
By Karen Taylor

BELLINGHAM, Wash. – Whatcom County home prices are too high and experts say it’s hurting home sales.

That trend follows what’s happening across the state too, a Runstad Center for Real Estate Studies report says first quarter sales of existing homes are down 7 percent from the same time last year.

Mike Kent of KGMI’s Radio Real Estate says Whatcom County homes are staying on the market longer than they should be.

He says even though inventory has picked up in the county, buyers are waiting for prices to come down.

Recent Headlines

in Entertainment

‘Frozen’ princess promises to be hot holiday item

Fresh
frozen

Snow Glow Elsa is one of only four toys to feature on three major guides of top toys for the Christmas season.

in Viral Videos

Who is smarter – N.Y. or L.A.?

Fresh
22-overlay3

If we're judging by this video alone, we're going to go with neither.

in Viral Videos

WATCH: Skateboarding in 5,001 balloons

22-overlay2

These skateboarders have skills!

in Entertainment

American Girl, Rubik’s Cube among Toy Hall of Fame finalists

toyhalloffame

They face off against My Little Pony, the Slip 'N Slide, Teenage Mutant Ninja Turtles, and other childhood favorites.

in Entertainment

Jada Pinkett Smith signs on to ‘Magic Mike’ sequel

jada

The star says she has been cast in a role that was initially intended for a man.