To close out the week, let’s have a look at a couple of factors that are continuing to drag the local housing market down: unemployment and foreclosures. From 1990 through 2006, the average unemployment rate in King County was 4.9%. The unemployment rate is currently 8.0% (63% higher than the 1990-2006 average). Over that same…
Tag: foreclosures
Foreclosures Edge Down Slightly in August
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at August’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: August 2010 King: 1,214 NTS, up 97% YOY Snohomish: 628 NTS, up 91% YOY Pierce: 817 NTS, up 90% YOY Here’s…
August Stats Preview: Continued Credit Hangover
With August in the rear view mirror, 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 Records and Snohomish County Records. If you have additional stats you’d like to see in the preview, drop a line…
How-To: Find Bank-Owned Homes
I received a few questions in the comments and via email last week about how to find bank-owned homes, so I thought I’d put together a little guide. For the purposes of this post, we’ll consider foreclosures in three stages: Pre-Foreclosure, Unlisted Bank-Owned, and On-Market Bank-Owned. Pre-Foreclosure A home in pre-foreclosure is one where the…
Foreclosures Continue to Surge around Seattle
Let’s expand on our preview of foreclosure activity with a more detailed look at July’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: July 2009 King: 1,413 NTS, up 13.2% YOY Snohomish: 690 NTS, up 11.3% YOY Pierce: 872 NTS, up 8.6% YOY Here’s your interactive Tableau dashboard…