local real estate news, statistics, and commentary without the sales spin.
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In March 2012 20.1% of the sales of single-family homes in King County were bank-owned, just a few points below the highest level on record. In March 2013 that number was just 7.7%. As predicted, after bumping…
Let’s 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 County (areas 100-130 &…
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In February 2012 22.8% of the sale of single-family homes in King County were bank-owned, the highest level on record. In February 2013 that number was just 9.5%. This represents a slight increase from January, but if…
Let’s 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 County (areas 100-130 &…
Let’s take another look at what share of the monthly sales are being taken up by bank-owned and short sales. In January 2012 22.3% of the sale of single-family homes in King County were bank-owned. In January 2013 that number was just 9.3%. Although the number is much lower than it was a year ago,…