By The Tim on May 17, 2013
Here’s one more chart on the share of sales that were bank-owned homes. This one shows the share of sales that were bank-owned broken down by the NWMLS-defined regions. In this chart I’ve grouped zip codes into their approximate NWMLS regions, which break South County into SE King and SW King and display Seattle and [...]
Posted in Neighborhoods, Statistics | Tagged King-geographic-sales, median, NWMLS, REO, Statistics
By The Tim on May 15, 2013
As promised yesterday, it’s time to check up on median home sale prices broken down by distress status: Non-distressed, bank-owned, and short sales. As of April, the non-distressed median price for King County single family home sales sits at $444,000, up 6.5% from a year earlier and up 3.3% from March. Last year the month-over-month [...]
Posted in Counties, Statistics | Tagged Distressed sales, median, non-distressed
By The Tim on May 14, 2013
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In April 2012 15.2% of the sales of single-family homes in King County were bank-owned. In April 2013 that number was just 6.8%. The low point of the last few years was 5.7% in November. I wouldn’t [...]
Posted in Counties, Statistics | Tagged REO, short sales
By The Tim on May 13, 2013
There was an interesting article in the New York Times last week that caught my attention: Homeownership May Actually Cause Unemployment Homeownership is a good thing, for the individual and for society. Or so American governments, whether Republican or Democrat, have long believed. The benefits have been cited repeatedly in justifying the existence and expansion [...]
Posted in National, News | Tagged Economy, homeowners, New York Times, unemployment
By The Tim on May 13, 2013
NOTE: If you are subscribed to Seattle Bubble’s RSS feed and are seeing these open threads in the feed, please switch to our official feed at http://feeds.feedburner.com/SeattleBubble Thanks! Here is your open thread for the week of May 13th, 2013. You may post random links and off-topic discussions here. Also, if you have an idea [...]
Posted in Open Thread | Tagged open_thread
