Wow, Elizabeth Rhodes is on a real anti-bubble roll this weekend. Did one of you submit this letter to her “Home Forum” Q & A? Q: I keep reading that home prices aren’t expected to decline in the Seattle area. Aren’t you overlooking the possible effect of “suicide loans” — those adjustable-rate mortgages that are…
Tag: foreclosures
Area Foreclosures On The Rise
Even though our area doesn’t have as high of a foreclosure rate as you might expect, the toxic loans and suicide financing are still having somewhat of an effect… In Seattle’s hot real estate market a growing number of people are losing their homes in foreclosure. For most people losing their homes, there are several…
No Foreclosure Deals… Yet
In a real estate advice column this weekend, Everett Herald reporter Steve Tytler explains the difficulty of finding good foreclosure deals in Seattle’s still-at-least-lukewarm market: Question: Where can I learn about investing in foreclosures?D.E., Renton Answer: There are some truly extraordinary bargains to be found in the foreclosure market. Unfortunately, finding these bargains is like…
Foreclosures On The Rise In King County
I generally dislike giving any attention to self-advertisements (a.k.a. “press releases”) on here, but I thought that a bit of info contained in this horn-tooting by Default Research was worth mentioning: Foreclosures increased by 2.04 percent in January in King County, according to Default Research…” 2.04% might not be really a big enough number to…