By The Tim on June 19, 2013
Over the weekend the Washington Post published a story about former homeowners who find themselves owing money on a home they lost to foreclosure years earlier: Lenders seek court actions against homeowners years after foreclosure. It’s a process called “deficiency judgment,” and it’s not really news to anyone who has paid attention to housing over [...]
Posted in National, News | Tagged banks, deficiency, foreclosures, short sales
By The Tim on June 12, 2013
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In May 2012 12.9% of the sales of single-family homes in King County were bank-owned. In May 2013 that number was just 6.4%. We’re still a little bit above the low of 5.7% set in November, but [...]
Posted in Counties, Statistics | Tagged REO, short sales
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 April 10, 2013
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In March 2012 20.1% of the sales of single-family homes in King County were bank-owned, just a few points below the highest level on record. In March 2013 that number was just 7.7%. As predicted, after bumping [...]
Posted in Counties, Statistics | Tagged REO, short sales
By The Tim on March 7, 2013
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In February 2012 22.8% of the sale of single-family homes in King County were bank-owned, the highest level on record. In February 2013 that number was just 9.5%. This represents a slight increase from January, but if [...]
Posted in Counties, Statistics | Tagged REO, short sales
By The Tim on February 7, 2013
Let’s take another look at what share of the monthly sales are being taken up by bank-owned and short sales. In January 2012 22.3% of the sale of single-family homes in King County were bank-owned. In January 2013 that number was just 9.3%. Although the number is much lower than it was a year ago, [...]
Posted in Counties, Statistics | Tagged REO, short sales
