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Poll: Will you avoid buying a bank-owned home because of the foreclosure mess?

Posted on October 17, 2010October 24, 2010 by The Tim

This poll was active 10.17.2010 through 10.23.2010.

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Weekly Twitter Digest (Link Roundup) for 2010-10-16

Posted on October 16, 2010 by The Tim

Michael Hellickson's real estate license reinstated pending a court hearing later this month. http://bit.ly/cV2wka # LOL. RT @ARDELLd Only in TX: a bunch of agents call themselves geniuses & publicly whine about an 8% cap commissions. http://bit.ly/c7dIr9 # RT @KellyGilblom: #WaMu gets $4.8 billion of a $5.2 billion refund from the U.S. Treasury http://bit.ly/9CHVPG #…

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Foreclosure Documentation Mess: What Does It Mean?

Posted on October 15, 2010October 15, 2010 by The Tim

It would seem the $#!@ has really hit the fan lately with the sloppy documentation (or sometimes complete lack of documentation) banks have been keeping as they package, re-package, and transfer the ownership of various mortgages between each other. I’m not going to go into the details of the mess that has finally come to…

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Foreclosures Still Elevated, Show No Sign of Slowing

Posted on October 14, 2010October 13, 2010 by The Tim

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: September 2010 King: 1,297 NTS, up 63% YOY Snohomish: 624 NTS, up 48% YOY Pierce: 727 NTS, up 52% YOY Here’s…

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Bottom-Calling Checkup: False Bottom Psych-Out

Posted on October 13, 2010October 13, 2010 by The Tim

I received a reader request via email a few days ago for an update on the Radar Logic dollars per square foot home price bottom chart from our February 2009 bottom-calling series. In our last checkup back in March, prices were still falling, and had almost reached the “bottom” from the February 2009 forecast of…

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