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Weekly Twitter Digest (Link Roundup) for 2012-05-19

Posted on May 19, 2012 by The Tim

"Seattle Housing Authority proposal for Yesler Terrace raises concern" http://t.co/M5kO3xRB via @SeattleTimes # "Reset housing recovery just around the corner" http://t.co/eNPArHMP via @jontalton @seattletimes # Agree: RT @jontalton: Re the new skyscraper approved for #Seattle #039;s Pioneer Square. Wildly out of place starchitecture. http://t.co/MiPnl2RF # At NAR's "Rally to Protect the American Dream" 15k Realtors…

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Foreclosures Dip in April, Continue Yearly Drop

Posted on May 18, 2012May 18, 2012 by The Tim

It’s time once again to expand on our preview of foreclosure activity with a more detailed look at April’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: April 2012 King: 441 NTS, down 51.6% YOY Snohomish: 275 NTS, down 49.7% YOY Pierce: 267 NTS, down 55.6% YOY Slightly…

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One in Four Local Houses Sold for Over List Price in April

Posted on May 17, 2012 by The Tim

We’ve been hearing a lot about how much hotter this spring has been than spring in other recent years, and the stories of “bidding wars” seem to be getting a lot more frequent. I decided to see if we could visualize this trend by plotting the percentage of houses that sell for over their list…

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Advice From an 11-Year Veteran Landlord

Posted on May 16, 2012May 16, 2012 by The Tim

I received the following response via email to yesterday’s question about purchasing rental properties. The sender gave me permission to publish it in full, and since it’s so full of great insights, I decided to do just that (with minor edits for readability). I bought a mid-50s vintage 5-plex in North Everett with water views…

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Reader Question: Recommended Reading for Landlords?

Posted on May 15, 2012May 16, 2012 by The Tim

I received the following question via email from a reader who wants to learn the ins and outs of rental properties. I am considering purchasing a few rental properties to generate income. I’m trying to weed through all of the books about buying and managing successful rental properties. Can you recommend one (or more?) for…

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