It’s time once again to expand on our preview of foreclosure activity with a more detailed look at July’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: July 2011 King: 731 NTS, down 48% YOY Snohomish: 407 NTS, down 41% YOY Pierce: 423 NTS, down 52% YOY Foreclosure…
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.
Reader Question: Researching Basement Flood Issues
I received this question from a reader via email: I’ve got a big down payment saved up, still renting, and haven’t found a place to buy yet. When I do, I’m interested in a basement that I can turn into a studio. The reason I want a basement is that I have over $100k of…
Mid-Week Open Thread (2011-08-10)
Here is your open thread for the mid-week on August 10th, 2011. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in…
Mortgage Junk Mail Hall of Shame
Almost as soon as my mortgage was recorded in the public record, I started getting a delightful new breed of junk mail delivered to my home: Mortgage junk. These particularly sleazy companies employ a number of really shady practices in thier mailings, including: Putting the name of my mortgage broker on the envelope Misleading phrases…
Are Even More Pending Sales Falling Apart?
There was a national story that circulated late last month that caught my interest, claiming that “Exceptionally large numbers of signed real estate contracts fell apart last month.” Here’s a brief excerpt: Economic uncertainty leads to canceled home contracts Are homebuyers walking away in droves from the contracts they’ve signed? Or are they essentially fouling…