{"id":24581,"date":"2012-11-02T07:00:23","date_gmt":"2012-11-02T14:00:23","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=24581"},"modified":"2012-11-02T07:03:59","modified_gmt":"2012-11-02T14:03:59","slug":"october-stats-preview-late-sales-leap-edition","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/11\/02\/october-stats-preview-late-sales-leap-edition\/","title":{"rendered":"October Stats Preview: Late Sales Leap Edition"},"content":{"rendered":"<p>With October behind us, let&#8217;s have a look at our stats preview.  Most of the charts below are based on broad county-wide data that is available through a simple search of <a href=\"http:\/\/www.kingcounty.gov\/business\/Recorders.aspx\" title=\"King County Recorder's Office\">King County<\/a> and <a href=\"http:\/\/198.238.192.100\/localization\/menu.asp\" title=\"Snohomish County Auditor\">Snohomish County<\/a> public records.  If you have additional stats you&#8217;d like to see in the preview, drop a line in the comments and I&#8217;ll see what I can do.<\/p>\n<p>First up, here&#8217;s the summary snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series:<\/p>\n<p style=\"width: 600px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview-Sparklines_2012-10.png\" title=\"King &#038; Snhomish County Stats Preview\" alt=\"King &#038; Snhomish County Stats Preview\" width=\"600\" height=\"420\" style=\"border:0;\"><\/p>\n<p>Summary: Foreclosures ticked up, sales jumped (surprising for this time of year), and inventory began its descent into winter.  Hit the jump for the full suite of our usual monthly charts.<\/p>\n<p><!--more-->Next, let&#8217;s look at total home sales as measured by the number of &#8220;Warranty Deeds&#8221; filed with King County:<\/p>\n<p style=\"width: 600px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview_2012-10_Warranty-Deeds.png\" title=\"King County Warranty Deeds\" rel=\"lightbox[24581]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview_2012-10_Warranty-Deeds-600x436.png\" title=\"King County Warranty Deeds - Click to enlarge\" alt=\"King County Warranty Deeds\" width=\"600\" height=\"436\" style=\"border:0;\"><\/a><\/p>\n<p>Salse in King County jumped 14% from September to October, highly unusual for this time of year.  It will be interesting to see if we see the same leap in the sales stats from the NWMLS.<\/p>\n<p>Here&#8217;s a look at Snohomish County Deeds, but keep in mind that Snohomish County files Warranty Deeds (regular sales) and Trustee Deeds (bank foreclosure repossessions) together under the category of &#8220;Deeds (except QCDS),&#8221; so this chart is not as good a measure of plain vanilla sales as the Warranty Deed only data we have in King County.<\/p>\n<p style=\"width: 600px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview-Sno_2012-10_Deeds.png\" title=\"Snohomish County Deeds\" rel=\"lightbox[24581]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview-Sno_2012-10_Deeds-600x436.png\" title=\"Snohomish County Deeds - Click to enlarge\" alt=\"Snohomish County Deeds\" width=\"600\" height=\"436\" style=\"border:0;\"><\/a><\/p>\n<p>Deeds in Snohomish increased as well, but remained just below last year&#8217;s level.<\/p>\n<p>Next, here&#8217;s Notices of Trustee Sale, which are an indication of the number of homes currently in the foreclosure process:<\/p>\n<p style=\"width: 600px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview_2012-10_Notices-Trustee-Sale.png\" title=\"King County Notices of Trustee Sale\" rel=\"lightbox[24581]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview_2012-10_Notices-Trustee-Sale-600x436.png\" title=\"King County Notices of Trustee Sale - Click to enlarge\" alt=\"King County Notices of Trustee Sale\" width=\"600\" height=\"436\" style=\"border:0;\"><\/a><\/p>\n<p style=\"width: 600px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview-Sno_2012-10_Notices-Trustee-Sale.png\" title=\"Snohomish County Notices of Trustee Sale\" rel=\"lightbox[24581]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview-Sno_2012-10_Notices-Trustee-Sale-600x436.png\" title=\"Snohomish County Notices of Trustee Sale - Click to enlarge\" alt=\"Snohomish County Notices of Trustee Sale\" width=\"600\" height=\"436\" style=\"border:0;\"><\/a><\/p>\n<p>Month to month increases in both counties, and big gains over a year earlier.  I still expect the overall trend over the next year to be decreasing foreclosures.  It is not unusual to see month to month spikes up and down no matter which direction the long-term trend is heading.<\/p>\n<p>Here&#8217;s another measure of foreclosures for King County, looking at Trustee Deeds, which is the type of document filed with the county when the bank actually repossesses a house through the trustee auction process.  Note that there are other ways for the bank to repossess a house that result in different documents being filed, such as when a borrower &#8220;turns in the keys&#8221; and files a &#8220;Deed in Lieu of Foreclosure.&#8221;<\/p>\n<p style=\"width: 600px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview_2012-10_Trustee-Deeds.png\" title=\"King County Trustee Deeds\" rel=\"lightbox[24581]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview_2012-10_Trustee-Deeds-600x436.png\" title=\"King County Trustee Deeds - Click to enlarge\" alt=\"King County Trustee Deeds\" width=\"600\" height=\"436\" style=\"border:0;\"><\/a><\/p>\n<p>Trustee deeds were down both month over month and year over year.  It will probably be a few more months before we see the July spike in Notices of Trustee Sale translate into a similar spike in Trustee Deeds.<\/p>\n<p>Lastly, here&#8217;s an update of the inventory charts, updated with the inventory data from the NWMLS.<\/p>\n<p style=\"width: 600px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview_2012-10_Active-Listings.png\" title=\"King County SFH Active Listings\" rel=\"lightbox[24581]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview_2012-10_Active-Listings-600x436.png\" title=\"King County SFH Active Listings - Click to enlarge\" alt=\"King County SFH Active Listings\" width=\"600\" height=\"436\" style=\"border:0;\"><\/a><\/p>\n<p style=\"width: 600px; margin: 5px auto; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview-Sno_2012-10_Active-Listings.png\" title=\"Snohomish County SFH Active Listings\" rel=\"lightbox[24581]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/11\/Preview-Sno_2012-10_Active-Listings-600x436.png\" title=\"Snohomish County SFH Active Listings - Click to enlarge\" alt=\"Snohomish County SFH Active Listings\" width=\"600\" height=\"436\" style=\"border:0;\"><\/a><\/p>\n<p>Looks like we&#8217;re heading south for the winter.  If this year&#8217;s fall\/winter trend follows usual seasonal patterns (which this spring did not), we can expect to hit all-time lows each of the next three months.<\/p>\n<p>Stay tuned later this month a for more detailed look at each of these metrics as the &#8220;official&#8221; data is released from various sources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With October behind us, let&#8217;s have a look at our stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you&#8217;d like to see in the preview, drop a line in the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[567,7,129,694,419,568,254,169,897,200,570,569],"coauthors":[],"class_list":["post-24581","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-county-records","tag-foreclosures","tag-inventory","tag-king","tag-notice-of-trustee-sale","tag-preview","tag-sales","tag-snohomish","tag-sparklines","tag-statistics","tag-trustee-deeds","tag-warranty-deeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>October Stats Preview: Late Sales Leap Edition \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2012\/11\/02\/october-stats-preview-late-sales-leap-edition\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"October Stats Preview: Late Sales Leap Edition \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"With October behind us, let&#8217;s have a look at our stats preview. 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