As I was digging through local real estate stories last week, I was lucky enough to catch the following exchange on KUOW’s “Weekday” program last Thursday. Host Marcie Sillman discusses foreclosures and the Seattle-area housing market with guests Richard Hagar (real estate agent and appraiser) and Linda Taylor (housing director at the Urban League) in…
Category: Local
Local News
October Reporting Roundup: Sinking Ship Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). First up, let’s have a look at the source material from the NWMLS itself….
Local Media Misdirects Massive Foreclosure Freak Out
Foreclosure-tracking company RealtyTrac released their third quarter report yesterday, which included a ranking of major metro areas around the country by their respective rates of increase in foreclosure activity compared to the third quarter of 2009. With a 71% year-over-year increase in RealtyTrac’s report, the Seattle area ranked #1 as the metro where foreclosures increased…
Foreclosure Documentation Mess: What Does It Mean?
It would seem the $#!@ has really hit the fan lately with the sloppy documentation (or sometimes complete lack of documentation) banks have been keeping as they package, re-package, and transfer the ownership of various mortgages between each other. I’m not going to go into the details of the mess that has finally come to…
September Reporting Roundup: Free-Falling Sales Edition
photo by Flickr user divemasterking2000 It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). First up, let’s have a look at the source…