After no success on the MLS priced $695k to $585k, owners of this 105-yr-old Tacoma home try an auction: http://t.co/sAOeBrEI # OUCH. Creditors to get "only slightly more than 1%" of what they invested w/ Mike Mastro http://t.co/9EmDijAh via @seattletimes # FIELD TRIP! "Smith Tower foreclosure auction set for March 23" http://t.co/rKo7q3tU via @seattletimes #…
The Tim’s Favorite Seattle Blogs & News Sites
Once in a while I like to share some of my favorite sources for interesting local news, both real-estate related and otherwise. Now is one such time. So let’s just get right to it. The Seattle Times Real Estate Section – This sub-page on the Times could definitely use a little layout love, but Eric…
Foreclosures Continue Rapid, Unexplained Decline
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at September’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: December 2011 King: 345 NTS, down 61% YOY Snohomish: 161 NTS, down 65% YOY Pierce: 228 NTS, down 54% YOY Foreclosures…
The Housing ATM is Dead. Good Riddance.
I was playing around a bit with Google Insights for Search when I came across this rather telling chart. The dark blue line below represents the general interest in real estate topics, as measured by Google. No surprise that it peaked in July 2005 and has been on a steady down trend ever since. The…
Federal Government Sells Over 1 in 4 Seattle-Area REOs
Full disclosure: The Tim is employed by Redfin. We’ve been digging into a lot of different data at Redfin lately, and I found this particular set to be quite interesting. What I’ve done here is take all the bank-owned (REO) sales over 2011 and group them by the bank that was selling the home. The…