It’s time once again to expand on our preview of foreclosure activity with a more detailed look at December’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: December 2012 King: 1,031 NTS, up 198.8% YOY Snohomish: 609 NTS, up 278.3% YOY Pierce: 770 NTS, up 237.7% YOY All…
Bank-Owned Sales Skip Usual Winter Boost
Let’s take another look at what share of the monthly sales are being taken up by bank-owned and short sales. In December 2011 20.3% of the sale of single-family homes in King County were bank-owned. In December 2012 that number was just 6.0%. I keep thinking this number will go up as more traditional sellers…
New Listings Drop 25% From 2012’s Already-Depressed Level
Well, this is just depressing: After the first two full weeks of the year, new listings of single family homes in King County are down 25% from last year. This follows a 14% drop last year and an 18% drop the year before that. For buyers who were hoping that the new year would bring…
Low Rates Keep the “Affordable” Home Price Inflated
Since we looked at the affordability index last week, Let’s have an updated look at the “affordable home” price chart. In this graph I flip the variables in the affordability index calculation around to other sides of the equation to calculate what price home the median household income could afford to buy at today’s mortgage…
Poll: What’s your preferred source of home heat?
This poll was active 01.13.2013 through 01.19.2013