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Inflation Adjusted Home Prices
When people talk about home prices in Whatcom County, they are usually talking about nominal prices, the actual dollar amounts buyers paid at the time. That measure matters because it reflects the market in real transactions. But it can be misleading across several years because the value of money changes. A 2025 dollar simply does not buy what a 2019 dollar bought. To look at the trend more clearly, I indexed the Whatcom County median sale price to March 2019 and then tracke

Braden Gustafson
Jan 122 min read


Lakeway Estates: Rising Rents and the effect on values
Lakeway Estates, a manufactured home community in Bellingham at 1200 Lincoln, was purchased for $41 million in 2024, and shortly after,...

Braden Gustafson
Aug 18, 20252 min read


Are Builders Responding to Higher Interest Rates by Building Smaller Homes?
Pacific Northwest new home sales data shows a clear pattern. New homes are getting smaller. This seems like an obvious response to the...

Braden Gustafson
Aug 5, 20251 min read
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