Foreclosures, late mortgages still declining in December 2014

Filed on 09. Mar, 2015 in Contents, Data, Market Indicators

Foreclosures, late mortgages still declining in December 2014

Mortgage foreclosure and delinquency rates in Bellingham decreased again in December 2014, according to new data from CoreLogic. The foreclosure rate among outstanding mortgage loans in December 2014 was 0.78 percent, which is a decrease from both the previous month’s numbers and December 2013 numbers. The rate of loans in Bellingham that were 90 or [...]

536 layoffs announced in the state

Filed on 26. Feb, 2015 in Market Indicators, News

The state Employment Security Department announced 536 layoffs in Washington today. Boeing will lay off 319 Puget Sound employees, effective April 24, 2015. Trulia, in Bellevue, will lay off 157 employees, effective April 20, 2015. Ambassador Programs, Inc., in Spokane, will lay off 60 employees, effective April 27, 2015. The Employment Security Department announces mass [...]

Year-end market indicators: Housing and other factors

Filed on 09. Feb, 2015 in Market Indicators, News

Year-end market indicators: Housing and other factors

Market indicators include the most recently available data. Statistics are also available in print editions of The Bellingham Business Journal. Annual changes, where applicable, compare the cumulative year-to-date totals with numbers from the same time period during the previous year. Data include raw numbers only and are not adjusted to account for any seasonal factors. [...]

2014 year-end market indicators: jobs and spending

Filed on 09. Feb, 2015 in Contents, Market Indicators

2014 year-end market indicators: jobs and spending

Market indicators include the most recently available data. Statistics are also available in print editions of The Bellingham Business Journal. Annual changes, where applicable, compare the cumulative year-to-date totals with numbers from the same time period during the previous year. Data include raw numbers only and are not adjusted to account for any seasonal factors. [...]

Bellingham foreclosure rates down slightly in November

Filed on 05. Feb, 2015 in Market Indicators

Bellingham foreclosure rates down slightly in November

Bellingham’s foreclosure rate for November 2014 was down 0.36 percent from November 2013, according to a new report from CoreLogic, providers of real estate and financial information. Foreclosures on outstanding mortgage loans was 0.83 percent for ┬áNovember 2014. In November 2013, the rate was 1.19 percent, according to the report. Foreclosure rates in November 2014 [...]

Canadian dollar plummets after months of losing value

Filed on 02. Feb, 2015 in Features, Market Indicators, News

Canadian dollar plummets after months of losing value

The Canadian dollar lost five cents in value compared to the U.S. dollar in one day last month. It dropped on Jan. 21 after the Bank of Canada lowered its benchmark overnight interest rate from 1 percent to 0.75 percent. The benchmark rate determines bank lending rates, and lowering it is one tool central banks [...]

Market indicators: Canadian dollar and border crossings

Filed on 21. Jan, 2015 in Market Indicators

Market indicators: Canadian dollar and border crossings

The Canadian dollar is at a five-year low, and has been steadily declining since July. The effect of the weak loonie on Whatcom County is counteracted by low gas prices encouraging Canadian shoppers to head south. “I imagine the decline in the Canadian dollar is hurting local retailers a bit, but lower gas prices (like [...]

Foreclosure, mortgage delinquency rates continue down in October

Filed on 31. Dec, 2014 in Contents, Data, Market Indicators

Foreclosure, mortgage delinquency rates continue down in October

Bellingham’s foreclosure rate in October 2014 was 0.84 percent, which is down from October 2013′s foreclosure rate of 1.10 percent, according to data released from CoreLogic, a corporation that provides financial and real estate data. The percentage of homes with outstanding loans being foreclosed on has decreased steadily from a peak at the end of [...]

Housing inventory, sales data show steady market

Filed on 10. Dec, 2014 in Contents, Market Indicators

The number of closed sales and pending sales for homes and condos in Whatcom County was higher this November than last, according to a new report by Northwest Multiple Listings Service. NMLS brokers in Whatcom County reported 218 closed sales in November, that’s an 8.7 percent increase from 199 in November 2013. The number of [...]

Jobs: unemployment rate low, but slowing trend in hiring

Filed on 03. Nov, 2014 in Contents, Data, Market Indicators

Jobs: unemployment rate low, but slowing trend in hiring

The unemployment rate in Whatcom County stayed low in September, but there were fewer non-farm jobs in the county than there were last September. The unemployment rate remained at 5.3 percent for the month, according to data from the Washington State Employment Security Department. It was 5.3 percent in August and 5.2 percent in July. [...]

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IFRoZSBKb3VybmFsPC9saT48L3VsPg==