June Stats Preview: Sales Spike Up Sharply

June Stats Preview: Sales Spike Up Sharply

Now that June is behind us, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: Sales shot up to a multi-year high in both counties, inventory barely […]

Foreclosure Levels Still Just Barely Above Pre-Bust Years

Foreclosure Levels Still Just Barely Above Pre-Bust Years

It’s been a few months since we took a detailed look at foreclosure stats in King, Snohomish, and Pierce counties, so let’s update those numbers. First up, the Notice of Trustee Sale summary: May 2015 King: 306 NTS, down 27% YOY Snohomish: 162 NTS, down 18% YOY Pierce: 279 NTS, down 14% YOY The number […]

May Stats Preview: No Improvement for Buyers

May Stats Preview: No Improvement for Buyers

With May 2015 now in the rear view mirror, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: Inventory went up again month-over-month in both King and […]

April Stats Preview: Surging Sales Edition

April Stats Preview: Surging Sales Edition

With April 2015 now in the rear view mirror, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: First, a tiny ray of good news… Listing inventory […]

February Stats Preview: Dead of Winter Edition

With February in the books, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: Listings inventory inched up from its January all-time low in King County, but […]

January Stats Preview: Vanishing Inventory Edition

January Stats Preview: Vanishing Inventory Edition

Now that we’re already a full month into 2015, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: Listings inventory hit another new all-time low in King […]

The Shadow Inventory Myth is Dead

A little over a year ago, I wrote a series of posts in which I argued that “shadow inventory” (foreclosed homes held off the market by the banks) was nearly non-existent. "Shadow Inventory" Conspiracy Theories Are Nonsense Shadow Inventory Gut Feelings, Rumors, & Anecdotes Undocumented Shadow Inventory Scarce in King County Despite all of the […]