It’s time once again to expand on our preview of foreclosure activity with a more detailed look at November’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: November 2012 King: 870 NTS, up 106.7% YOY Snohomish: 536 NTS, up 168.0% YOY Pierce: 687 NTS, up 222.5% YOY All…
Author: The Tim
Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.
What’s the best use for a Seattle-area basement?
Let’s say you own a home in the Seattle area that sports an unfinished basement. Do you: Leave it unfinished and use it as storage? Partially finish it and use it as a workshop? Finish it and use it as a rec room? Fully finish it with bedrooms and a bathroom? Something else? I’m curious…
Mid-Week Open Thread (2012-12-12)
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 mid-week on December 12th, 2012. You may post random links and off-topic discussions here. Also, if you have an idea…
Non-Distressed Median Up Less Than 5% From 2011
Let’s check up on how median home sale prices broken down by distress status: Non-distressed, bank-owned, and short sales. As of November, the non-distressed median price for King County single family home sales sits at $430,000, up 4.9% from a year earlier. November matched this year’s high point from June. A 4.9% increase is decent,…
Bank-Owned Sales Still Slim
Even as we get into the season when non-distressed sales tend to fall off and distressed sales typically make up a larger percentage of sales, the share of monthly closed sales that were bank-owned homes held flat again, coming in at 6.6 percent in November. I had been expecting this to increase in November, but…