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In 2024, the housing market in Whatcom County experienced a year that continued to challenge both buyers and sellers. Home sales remained slower than historical averages, and affordability continued to be a pressing concern for many. Despite these obstacles, and even with the added complexity of it being an election year, Whatcom County saw a modest 1% increase in home sales, while home values rose by 5%. Katty Baldwin, a top producer with JLS Bellingham who successfully helped 20 buyers find their homes in 2024, joins Paul Balzotti on the podcast to discuss how buyers navigated this dynamic market. They explore how opportunities still existed despite the challenges, and what trends could continue into 2025. Podcast Highlights: 00:50 Market statistics for 2024, including home sale trends and affordability challenges. 03:15 Katty Baldwin shares insights on how she helped her clients successfully purchase homes in 2024. 06:00 A discussion on whether securing a better deal or obtaining a better interest rate is more important in the current market. 07:10 A closer look at the current housing supply in Whatcom County and its impact on buyers. 07:50 Strategies for writing contingent offers in today’s market and how to make them more appealing. 09:25 Advice for homeowners looking to make a move, particularly those who own plants (likely referring to people with large, hard-to-move possessions). 15:00 Insights into VA loans and navigating the challenges of interest rates for veterans. If you have questions about the market or want to discuss buying or selling a home, reach out to Katty Baldwin at kattybaldwin@johnlscott.com or 530-515-3971.

Generational trends highlight the pressing challenges facing Gen Z in homeownership, with only 3-4% of all homeowners represented by this Generation. John L. Scott Real Estate broker Irena Kolbert shares her story of financial discipline, sacrifices made during early career years, and essential tips such as consulting lenders and maintaining the right mindset to achieve homeownership dreams. • Defining Gen Z and discussing homeownership statistics • Challenges faced by Gen Z in the housing market • Personal sacrifices made for saving money • Importance of mindset in achieving financial goals • Need for open conversations with lenders and real estate agents • Strategies for future home purchases and leveraging opportunities You can reach Irena at irenakolbert@johnlscott.com.

We review a year that started hot and ended level, with both prices and sales finishing flat despite higher inventory and longer timelines. We share why first-week intensity still matters, what four months of supply means, and how 2026 might bring more sales if rates hold near six percent. • quarter-by-quarter breakdown of 2025 market shifts • why prices rose in spring then cooled into fall • four months of supply and longer days on market • where multiple offers still appear and why • pricing strategy and seller patience in a slower cycle • high-end softness versus resilient mid-market demand • impact of rates near six percent on buyer power • potential effects of a 50-year mortgage • zoning updates, ADUs, and lot splits boosting infill • predictions for 2026 sales and value trends Reach out to Justin with questions about the market at justinnelson@johnlscott.com