Even insanely low interest rates can't magically create buyers that aren't there. Go figure. http://is.gd/dniJg # Mercer Island mansion, listed in '04 for $40 mil, finally sells… for $12 mil. http://is.gd/dnjuW # Links to the Mercer Isl. mansion on Redfin http://is.gd/dnjw3 KC Records http://is.gd/dnjBb & Zillow http://is.gd/dnjwK # Not sure who argues that King Co….
Redfin: Sales Stalling in Seattle, Climbing on Eastside
Full disclosure: The Tim is employed by Redfin. With the latest monthly stats release from Redfin going live a couple days ago, I thought I would spend a little more time with the data (in addition to all the on-the-clock time I spent this week getting it prepared for release). In order to make the…
Foreclosures Spike Back Up in June, Nearly Matching Highs
Let’s expand on our preview of foreclosure activity with a more detailed look at June’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: June 2009 King: 1,378 NTS, down 14.7% YOY Snohomish: 746 NTS, down 8.7% YOY Pierce: 811 NTS, down 22.8% YOY Here’s your interactive Tableau dashboard…
Bank Foreclosure Losses exceed 20% in Snohomish Co.
I recently finished an analysis of public records in Snohomish County in which I pulled up every single Trustee Deed (i.e. – bank foreclosure) issued by a particular bank over roughly the past year (June ’09 – May ’10). The bank in question is one of the top twenty largest banks in the country (ranked…
Some Noteworthy Personal News…
Well, it finally happened. You knew it was coming eventually. Yes, that’s right. The Tim is now officially on the payroll of the real estate industrial complex. No, I didn’t break down and become a real estate agent (but don’t think I haven’t thought about that in the past). Last Thursday, yours truly started a…