Comment: What a difference 50 miles (Or 80 Kilometres) can make!

By:  Jim Pettinger
According to a recent article in Business in Vancouver magazine, “big money is flocking to Vancouver real estate and fuelling huge price increases that show no sign of stopping”.
Meanwhile, just 50 miles (or 80 kilometres) to the South, comparable commercial and residential real estate is available for a relatively small fraction of the cost (including the exchange rate).
While not for everyone, many savvy investors are researching opportunities in Whatcom County for commercial, retail, industrial, residential, vacation and investment properties.
Besides cost, other advantages include proximity to the BC Lower Mainland, and possible financing arrangements with local banks that provide low-cost and long-term fixed rates.
At the recent “Doing Business in the USA” seminar, the following Whatcom County organizations provided an overview: Sterling Real Estate (Bellingham) and Banner Bank (Blaine/Ferndale/Bellingham).
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Logan West