The Bellingham Herald reported today that retail spending in Whatcom County stores is nearly back to pre-recession levels, and it appears Canadian shoppers are a big reason for the rebound.
Overall Whatcom County retail sales in the first quarter of 2011 totaled $657.7 million, a 3.6 percent increase compared to the same period in 2010, according to data released by the Washington State Department of Revenue.
Whatcom’s increase was higher than the state average of 1.5 percent. Bellingham had a particularly strong increase in overall retail sales, rising 6.9 percent to $446.4 million.
BELLINGHAM – The City Council voted 7-0 on Monday, July 11, to approve an ordinance that will ban most plastic shopping bags within the city.
The ordinance takes effect one year after it becomes law. What are your thoughts on this!
I’d appreciate your opinions.
Read more: http://www.bellinghamherald.com/2011/07/11/2098162/city-council-approves-plastic.html#ixzz1Ru2ocp4r
Housing prices have hit rock bottom and the economic climate is prime to purchase a home, said Housing and Urban Development Secretary Shaun Donovan.In an interview broadcast Sunday on CNN’s “State of the Union,” Donovan said declining foreclosure rates make him hopeful, adding that it is “very unlikely we see a significant further decline.”
Pending home sales rose strongly in May with all regions
experiencing gains from a year ago, pointing to higher housing activity in the
second half of the year, according to the National Association of
The Pending Home Sales Index rose
8.2 percent to 88.8 in May from an upwardly revised 82.1 in April and is 13.4
percent higher than the 78.3 reading in May 2010. The data reflects contracts
but not closings, which normally occur with a lag time of one or two
Developers of the Gateway Pacific Terminal must apply for an entirely new shoreline permit if they want to build a facility capable of handling up to 54 million tons of cargo a year, including coal.
The decision from Whatcom County planners deals a setback to SSA Marine of Seattle, which proposes to build the terminal at Cherry Point, west of Ferndale.
Think budget deficits won’t effect you? Come July 1, it’s going to cost you to play on state-owned lands. That’s when the Discover Pass, basically a parking permit, will be required for vehicle access to state recreation lands or water-access sites managed by Washington State Parks, Washington Department of Fish and Wildlife, and Washington state Department of Natural Resources. The pass went on sale June 15th. The annual pass will cost $30.
Between now and the end of October, buyers who purchase a foreclosed home listed on the company’s HomePath website can receive up to 3.5 percent of the final sales price to use toward closing costs.The incentives only apply when a buyer is going to live in the property, not in the case of investor buyers.The HomePath website only includes properties that are owned by Fannie Mae, which buys home loans from banks and other lenders, packages them into bonds with a guarantee against default and sells them to investors around the world. In addition to the sales incentives, buyers of the Fannie Mae properties may also be eligible for mortgage and renovation financing, which gives homebuyers the opportunity to buy with only a 3 percent down payment.