{"id":25861,"date":"2013-03-07T09:50:12","date_gmt":"2013-03-07T17:50:12","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=25861"},"modified":"2013-03-08T19:23:48","modified_gmt":"2013-03-09T03:23:48","slug":"distressed-sales-bump-up-again-in-february","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/03\/07\/distressed-sales-bump-up-again-in-february\/","title":{"rendered":"Distressed Sales Bump Up Again in February"},"content":{"rendered":"<p>Let&#8217;s take another look at what share of the monthly sales are being distressed sales&mdash;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%.<\/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\/2013\/03\/KingCoSFHREOPct2013-02.png\" rel=\"lightbox[25861]\"><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\/2013\/03\/KingCoSFHREOPct2013-02-600x435.png\" alt=\"Bank-Owned: Share of Total Sales - King County Single-Family\" width=\"600\" height=\"435\" \/><\/a><\/p>\n<p>This represents a slight increase from January, but if 2013 follows the same pattern as the last couple of years, February will likely be the high point for the year.<\/p>\n<p>Short sales actually decreased a bit in February, falling from 13.7% in January to 12.3% in February (also down from 13.2% in February 2012).<\/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\/2013\/03\/KingCoSFHSSPct2013-02.png\" rel=\"lightbox[25861]\"><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\/2013\/03\/KingCoSFHSSPct2013-02-600x435.png\" alt=\"Short Sales: Share of Total Sales - King County Single-Family\" width=\"600\" height=\"435\" \/><\/a><\/p>\n<p>On Friday we&#8217;ll take a look at how the median prices are moving for bank-owned homes, short sales, and non-distressed sales.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s take another look at what share of the monthly sales are being distressed sales&mdash;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&#8230;<\/p>\n","protected":false},"author":2,"featured_media":25863,"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: Distressed Sales Bump Up Again in February http:\/\/wp.me\/pe2Bv-6J7","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-25861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats","category-counties","tag-reo","tag-short-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - 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