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…
Tag: foreclosures
Reader Story: Buying a Bank-Owned Home
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)…
Foreclosure Flipping Scam Spam
The foreclosure scammers are out in force, and they’re coming at the “opportunity” from all angles. Not only are there unscrupulous people out there trying to dupe struggling home debtors out of their money, but now even the financially stable (homeowners or not) are apparently becoming targets. Check out this spam I recently received: From:…
April Foreclosures Up 72% from 2008 in King County
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…
KUOW Discusses Seattle’s Real Estate Mess
Seattle’s local NPR station KUOW ran an interesting segment yesterday morning called Navigating the Current Housing Market. KUOW host Steve Scher has real estate agent / appraiser Richard Hagar and Urban League housing director Linda Taylor in-studio to discuss how we got where we are, and what’s going on right now with real estate in…