It’s time once again to expand on our preview of foreclosure activity with a more detailed look at August’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2012 King: 909 NTS, up 141.8% YOY Snohomish: 537 NTS, up 237.7% YOY Pierce: 642 NTS, up 168.6% 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.
Market Heated Up in October as Inventory Collapsed
Full disclosure: The Tim is employed by Redfin. Redfin released October housing market data today, so let’s take a look at the rate at which new listings are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: Yikes! That’s a big spike in Seattle…
Mid-Week Open Thread (2012-11-14)
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 November 14th, 2012. You may post random links and off-topic discussions here. Also, if you have an idea…
Non-Distressed Median Price Up 6 Percent 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 October, the non-distressed median price for King County single family home sales sits at $415,000, up 6.4% from a year earlier. This is down 3.5% from this year’s high point of $430,000 that was…
Bank-Owned Sales Bounce Along Near Low
After plunging from 23 percent of sales in February to 6.3 percent in August, the share of single-family home sales that were bank-owned in King County has been bumping along near that level for the last three months, coming in at 6.9 percent in October. If 2010 and 2011 are any indication, this number will…