It’s time once again to expand on our preview of foreclosure activity with a more detailed look at July’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: July 2011 King: 731 NTS, down 48% YOY Snohomish: 407 NTS, down 41% YOY Pierce: 423 NTS, down 52% YOY Foreclosure…
Reader Question: Researching Basement Flood Issues
I received this question from a reader via email: I’ve got a big down payment saved up, still renting, and haven’t found a place to buy yet. When I do, I’m interested in a basement that I can turn into a studio. The reason I want a basement is that I have over $100k of…
Mortgage Junk Mail Hall of Shame
Almost as soon as my mortgage was recorded in the public record, I started getting a delightful new breed of junk mail delivered to my home: Mortgage junk. These particularly sleazy companies employ a number of really shady practices in thier mailings, including: Putting the name of my mortgage broker on the envelope Misleading phrases…
Are Even More Pending Sales Falling Apart?
There was a national story that circulated late last month that caught my interest, claiming that “Exceptionally large numbers of signed real estate contracts fell apart last month.” Here’s a brief excerpt: Economic uncertainty leads to canceled home contracts Are homebuyers walking away in droves from the contracts they’ve signed? Or are they essentially fouling…
Poll: Will the S&P downgrade affect the U.S. housing market?
This poll was active 08.07.2011 through 08.13.2011.