{"id":24978,"date":"2012-12-10T11:48:15","date_gmt":"2012-12-10T19:48:15","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=24978"},"modified":"2012-12-10T11:48:15","modified_gmt":"2012-12-10T19:48:15","slug":"bank-owned-sales-still-slim","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/12\/10\/bank-owned-sales-still-slim\/","title":{"rendered":"Bank-Owned Sales Still Slim"},"content":{"rendered":"<p>Even as we get into the season when non-distressed sales tend to fall off and distressed sales typically make up a larger percentage of sales, the share of monthly closed sales that were bank-owned homes held flat again, coming in at 6.6 percent in November.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a title=\"Bank-Owned: Share of Total Sales - King County Single-Family\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/KingCoSFHREOPct2012-11.png\" rel=\"lightbox[24978]\"><img loading=\"lazy\" decoding=\"async\" style=\"border: 0;\" title=\"Bank-Owned: Share of Total Sales - King County Single-Family - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/KingCoSFHREOPct2012-11-600x427.png\" alt=\"Bank-Owned: Share of Total Sales - King County Single-Family\" width=\"600\" height=\"427\" \/><\/a><\/p>\n<p>I had been expecting this to increase in November, but it dipped slightly from October.  I still expect it to increase a bit in December and January.<\/p>\n<p>Short sales bumped along as well, nearly unchanged from October at 12%:<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a title=\"Short Sales: Share of Total Sales - King County Single-Family\" href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/KingCoSFHSSPct2012-11.png\" rel=\"lightbox[24978]\"><img loading=\"lazy\" decoding=\"async\" style=\"border: 0;\" title=\"Short Sales: Share of Total Sales - King County Single-Family - Click to enlarge\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/12\/KingCoSFHSSPct2012-11-600x427.png\" alt=\"Short Sales: Share of Total Sales - King County Single-Family\" width=\"600\" height=\"427\" \/><\/a><\/p>\n<p>At 18.7%, the total share of sales that were either short sale or bank-owned hit another two-year low.  It&#8217;s no surprise then that the median price continues to go up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even as we get into the season when non-distressed sales tend to fall off and distressed sales typically make up a larger percentage of sales, the share of monthly closed sales that were bank-owned homes held flat again, coming in at 6.6 percent in November. I had been expecting this to increase in November, but&#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":"On the blog: Bank-Owned Sales Still Slim http:\/\/wp.me\/pe2Bv-6uS","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[697,275],"coauthors":[],"class_list":["post-24978","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-reo","tag-short-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank-Owned Sales Still Slim \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\/12\/10\/bank-owned-sales-still-slim\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bank-Owned Sales Still Slim \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Even as we get into the season when non-distressed sales tend to fall off and distressed sales typically make up a larger percentage of sales, the share of monthly closed sales that were bank-owned homes held flat again, coming in at 6.6 percent in November. 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