Condos In Bellingham
Condos have become a permanent part of the real estate culture in Whatcom county. Retirees, first time home buyers, an students make up the largest segments of condo buyers. That is why one sees new projects starting everywhere from the Fairhaven waterfront, to Western Washington University, to the average neighborhoods.
As home prices continue to climb, condos offer first time home buyers alternatives that they can afford. They can get into the real estate market and start building equity towards their next purchase. With as little as 2-5 years of ownership, condos can offer an otherwise unqualified buyer, the opportunity to own the American Dream.
Students attending both Whatcom Community College, as well as Western Washington University, Will notice there are a lot of condo choice near their campuses. From the 250 plus unit Darby Estate complex near Whatcom Community College, to Cypress Place near WWU and 32nd Street, college students are either buying for them selves or having their parent buy for them. Parents can maintain the primary residence status of the condo even though their college kids are the ones living in them. This make condo buying an ideal option rather than throwing away money on rent.
As the baby boomers near retirement, downsizing is a big focus when it come to homes. Many want to trade in the large houses and high maintenance yards for the more relaxation and freedom that condo living offers. This group is by no means becoming lazy or unable to take care of their existing homes; rather, they want to spend their energies traveling and experience life's pleasures of retirement. To many, taking care of a large home and yard are not what they consider the joys of retirement. That is why condos are the logical home option for this growing demographic.
Condominiums are here to stay in Whatcom county and Bellingham. They fill an important demand in the real estate market. They also offer a lifestyle that allows people who would not otherwise want to own a home, to own a piece of real estate. As the years move forward, we will continue to see new condo projects come on the scene in Whatcom county.
As home prices continue to climb, condos offer first time home buyers alternatives that they can afford. They can get into the real estate market and start building equity towards their next purchase. With as little as 2-5 years of ownership, condos can offer an otherwise unqualified buyer, the opportunity to own the American Dream.
Students attending both Whatcom Community College, as well as Western Washington University, Will notice there are a lot of condo choice near their campuses. From the 250 plus unit Darby Estate complex near Whatcom Community College, to Cypress Place near WWU and 32nd Street, college students are either buying for them selves or having their parent buy for them. Parents can maintain the primary residence status of the condo even though their college kids are the ones living in them. This make condo buying an ideal option rather than throwing away money on rent.
As the baby boomers near retirement, downsizing is a big focus when it come to homes. Many want to trade in the large houses and high maintenance yards for the more relaxation and freedom that condo living offers. This group is by no means becoming lazy or unable to take care of their existing homes; rather, they want to spend their energies traveling and experience life's pleasures of retirement. To many, taking care of a large home and yard are not what they consider the joys of retirement. That is why condos are the logical home option for this growing demographic.
Condominiums are here to stay in Whatcom county and Bellingham. They fill an important demand in the real estate market. They also offer a lifestyle that allows people who would not otherwise want to own a home, to own a piece of real estate. As the years move forward, we will continue to see new condo projects come on the scene in Whatcom county.
Labels: bellingham, condominiums, condos, whatcom
