Time for another sweet market status Tableau map. This time I’ve taken all the active listings as of February 17th and all the closed sales between January 1st 2010 and February 17th 2011, and slapped them all onto the same map. Crazy! Click any zip code’s circle to update all the pies and bars below…
Tag: short sales
One in Three Seattle Area Home Listings are Distressed
By request, here’s an update to the distressed listings map I first posted six months ago. In the map below I have taken all the currently active listings on the market in King, Snohomish, and Pierce counties, and separated them into three buckets: bank owned, short sale, and non-distressed. Each zip code has a pie…
One in Four Seattle Area Home Listings are Distressed
[Note: I originally posted this on Tuesday morning, but less than two hours after I posted it, it was pushed down the page by the June NWMLS update. Since I put a lot of work into this map and I thought the content of this post was pretty interesting, I thought it deserved a little…
Banks offering cash incentives for short sale sellers?
Received this via email from an industry insider. It’s a letter from Wachovia Mortgage offering a $5,000 cash incentive to the a (presumably underwater) mortgage holder if they complete a short sale within 60 days. Click either image to enlarge. Quoting in part: These are challenging times and many people feel they are running out…
Short Sales Make Up Nearly 10% of Closed Sales in King Co.
As many of you probably know, Redfin has a great feature that allows you do download the results of any search to an Excel file. One aspect of this feature that you may not be aware of is that one of the fields that is populated on the resulting spreadsheet indicates whether or not each…