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…
Tag: REO
Eastside Homes Get More Expensive, Sell More
It’s time once again to take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South…
Home Prices and Sales Slip in South King
It’s time once again to take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South…
South King County Homes Gaining Value Fastest
As promised last week, it’s time to take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low…
Short Sales Bounce Back, Bank-Owned Stay Low
Time to take look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In June 2012 9.4% of the sales of single-family homes in King County were bank-owned. In June 2013 that number was just 5.7%. We’ve now matched the low of 5.7% set in November. Short sales bounched back…