local real estate news, statistics, and commentary without the sales spin.
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In April 2012 15.2% of the sales of single-family homes in King County were bank-owned. In April 2013 that number was just 6.8%. The low point of the last few years was 5.7% in November. I wouldn’t…
There was an interesting article in the New York Times last week that caught my attention: Homeownership May Actually Cause Unemployment Homeownership is a good thing, for the individual and for society. Or so American governments, whether Republican or Democrat, have long believed. The benefits have been cited repeatedly in justifying the existence and expansion…
This poll was active 05.12.2013 through 05.18.2013
NAR: "It’s time for 20- and 30-somethings to move out of their parent’s basement." BUY A HOME, YOU SLACKERS! http://t.co/KA0GfcTZiX -> "Former Mastro property in Redmond sells for $3.5 million" http://t.co/k9IWWZC7IW via @PSBJ -> .@The_Tim was on @KIRO7Seattle this week talking about the volatile condo market. Clip: http://t.co/frcFk6TEzF -> Is an increasing level of homeownership…
It’s time for our detailed look at April’s foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: April 2013 King: 746 NTS, up 69% YOY Snohomish: 420 NTS, up 53% YOY Pierce: 598 NTS, up 124% YOY Same story as most of this year: still above last year’s…