It’s time once again to expand on our preview of foreclosure activity with a more detailed look at May’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: May 2011 King: 834 NTS, down 24% YOY Snohomish: 522 NTS, down 12% YOY Pierce: 541 NTS, down 27% YOY Foreclosure…
Exploring the Median-Priced Home at the Peak & Today
I thought it might be interesting to take a little look around the market today by comparing some of what’s out there with the peak median-priced home. As you know if you’ve been following along since 2007, King County’s single-family median sale price peaked at $481,000 in July 2007. After doing a bit of digging…
Reader Story: The Demand is There, But the Supply Isn’t
Let’s reach into the Seattle Bubble mailbag for today’s post. Today’s email is from a reader that has been shopping for “investment” property on the Eastside. Just thought I’d give you a heads up on a buying experience in Bellevue. I’ve been looking for an investment property for a while, finding nothing but garbage and…
Another Reminder that “Pending Sales” are Near-Useless
Here’s a visual I intended to whip up last week but ran out of time for. I noticed in the pending sales chart that 2011’s pending sales were trending fairly closely with the pre-bubble trend from 2000-2002, but when I looked over to the closed sales chart, the lines where nowhere near each other. I…
Poll: Which of the following is most likely strike a home from your “might buy” list?
This poll was active 06.12.2011 through 06.18.2011.