This foreclosure documentation mess still seems to be getting a lot of attention. Pundits on television, opinion writers in print, and even the Attorneys General of nearly every state are all riled up about it. Everyone seems to want to “stick it to the man” and make the banks pay for making false claims about…
Tag: foreclosures
Foreclosures Still Climbing, Pace May Be Easing
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at October’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2010 King: 1,307 NTS, up 96% YOY Snohomish: 710 NTS, up 120% YOY Pierce: 802 NTS, up 108% YOY Note…
Massive Imaginary Migration to Drive Seattle Recovery
As I was digging through local real estate stories last week, I was lucky enough to catch the following exchange on KUOW’s “Weekday” program last Thursday. Host Marcie Sillman discusses foreclosures and the Seattle-area housing market with guests Richard Hagar (real estate agent and appraiser) and Linda Taylor (housing director at the Urban League) in…
October Stats Preview: The Long Slow Slide into Winter
Happy November, everybody! With October behind us, it’s time for another monthly 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 preview, drop a line…
Local Media Misdirects Massive Foreclosure Freak Out
Foreclosure-tracking company RealtyTrac released their third quarter report yesterday, which included a ranking of major metro areas around the country by their respective rates of increase in foreclosure activity compared to the third quarter of 2009. With a 71% year-over-year increase in RealtyTrac’s report, the Seattle area ranked #1 as the metro where foreclosures increased…