Time for our April update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: April 2009 King: 938 NTS, up 72% YOY Snohomish: 483 NTS, up 90% YOY Pierce: 652 NTS, up 48% YOY Here’s a simple look at how April’s foreclosures compare to the same month…
April Neighborhoods Months of Supply Interactive Update
Here’s your look at March’s “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a map of these areas here. In place of our usual boring static charts, this month we are proud…
Economic and Real Estate Truth One-Liners
I saw this on BoingBoing the other day, and thought it was interesting… Debt is not a good product I just had a great hour-long phone conversation with an old friend, Will Dana (now editor of Rolling Stone), who has strongly encouraged me to come up with one-liners that tell the truth about the economic/banking…
Recent Spike in “Pending” Sales Due to Change in Definition?
At the risk of beating a dead horse, I feel we must revisit the “pending” issue once more. This time, we’ll take it from the top. Prior to June of last year, a “pending” sale in the NWMLS system was defined as a sale in which an offer had been accepted, inspection and/or feasibility studies…
Small House, Big House
I thought this was amusing… From D.R. Horton: Smaller is better in some markets, May 5th: D.R. Horton’s chief executive says smaller, more affordable homes are selling well in some areas and will bring higher profits to the nation’s largest home builder. CEO Donald Tomnitz said the smaller homes were particularly popular in Seattle and…