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May Foreclosures Up 69% from 2008 in King County

Posted on June 11, 2009 by The Tim

Time for our May update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: May 2009 King: 992 NTS, up 69% YOY Snohomish: 511 NTS, up 72% YOY Pierce: 726 NTS, up 43% YOY Here’s a simple look at how May’s foreclosures compare to the same month…

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Reader Story: Buying a Bank-Owned Home

Posted on June 10, 2009June 10, 2009 by The Tim

Tomorrow we’ll have the monthly foreclosure report for May, but today here’s a comment left by “Ross” in the reporting roundup last week that deserves to be highlighted. Ross recounts his experience attempting to buy a bank-owned (i.e. – foreclosed) home: On a foreclose property I was watching, here’s my experience: Last purchase price (2006)…

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“Throwing Away Money”

Posted on June 9, 2009June 10, 2009 by The Tim

One of the reasons we would often hear people use to justify overspending on a home during the bubble was that they wanted to stop “throwing away money” on rent. I would hope that by now most people have realized how ridiculous that concept is, but I thought it might help dispel the notion if…

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Seattle Go Boom?

Posted on June 8, 2009June 8, 2009 by The Tim

This is admittedly only very tangentially related to Seattle real estate, but this news article caught my attention this morning: Congressman implies: Seattle could be nuked Huffington Post columnist Jason Linkins writes today about an e-mail sent by Rep. Todd Akin (R-Mo., not Ala. as the headline reads) regarding the United States’ missile defense plans….

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Poll: Best way to determine fair price for a property?

Posted on June 7, 2009June 14, 2009 by The Tim

Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 06.13.2009.

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