local real estate news, statistics, and commentary without the sales spin.
Based on some articles and comments that I have read, it seems that there are a lot of misconceptions about how the foreclosure timeline works. Any time we’re talking about foreclosures it’s important that we understand exactly what the various terms mean, so let’s take a moment to look at the foreclosure timeline in Washington…
With the month of September now in the history books, let’s have a look at our stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the…
It’s time for our detailed look at July’s foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: August 2013 King: 582 NTS, down 45% YOY Snohomish: 338 NTS, down 52% YOY Pierce: 467 NTS, down 47% YOY Although the number of trustee sale notices increased month-over-month in all…
Now that the month of August is in the rear view mirror, let’s have a look at our stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see…
I received tips from two different people in the last few days about a recent change in FHA underwriting standards announced in a letter titled “Back to Work – Extenuating Circumstances” Quoting from the letter: As a result of the recent recession many borrowers who experienced unemployment or other severe reductions in income, were unable…