{"id":9825,"date":"2010-03-02T10:00:07","date_gmt":"2010-03-02T18:00:07","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=9825"},"modified":"2010-03-02T17:02:28","modified_gmt":"2010-03-03T01:02:28","slug":"february-stats-preview-wacky-warranty-deeds-edition","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/","title":{"rendered":"February Stats Preview: Wacky Warranty Deeds Edition"},"content":{"rendered":"

With February in the rear-view mirror, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records<\/a>. If you have additional stats you’d like to see in the “preview,” drop a line in the comments and I’ll see what I can do.<\/p>\n

Here’s your preview of February’s foreclosure and home sale stats:<\/p>\n

First up, total home sales as measured by the number of “Warranty Deeds” filed with the county:<\/p>\n

\"King<\/a><\/p>\n

Warranty Deeds saw a 29% increase over 2009 in February. Unfortunately, for some odd reason, Warranty Deeds in the month of February specifically seem to be a less-useful-than-usual predictor of that month’s closed SFH sales. Observe:<\/p>\n

\"King<\/a><\/p>\n

Virtually every year February is the most extreme outlier when comparing the number of Warranty Deeds to the number of NWMLS-reported closed SFH sales. If anyone has any probable explanations for this odd phenomenon, I’d love to hear it.<\/p>\n

Based on the rough pattern apparent in the above chart, I would venture a wild guess that February’s 1,584 Warranty Deeds will represent somewhere in the ballpark of 1,000 closed SFH sales, which would still represent a 51% increase over last year.<\/p>\n

Next, here’s Notices of Trustee Sale, which are an indication of the number of homes currently in the foreclosure process:<\/p>\n

\"King<\/a><\/p>\n

February continued the trend that began in January of year-over-year drops in Notices of Trustee Sale in King County. That said, the number of foreclosures is still in very high territory.<\/p>\n

Here’s another measure of foreclosures, 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 “turns in the keys” and files a “Deed in Lieu of Foreclosure.”<\/p>\n

\"King<\/a><\/p>\n

Actual completed foreclosures posted a stronger YOY gain than in January, increasing 44% from 2009.<\/p>\n

Lastly, here’s an approximate guess at where the month-end inventory was, based on our sidebar inventory tracker (powered by Estately<\/a>):<\/p>\n

\"King<\/a><\/p>\n

Down 12% from last year, but still 34% above the 2000-2007 average for February.<\/p>\n

Stay tuned later this month a for more detailed look at each of these metrics as the “official” data is released from various sources.<\/p>\n","protected":false},"excerpt":{"rendered":"

With February in the rear-view mirror, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records. If you have additional stats you’d like to see in the “preview,” drop a line in the comments…<\/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":[567,7,129,419,568,254,200,570,569],"coauthors":[],"class_list":["post-9825","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-county-records","tag-foreclosures","tag-inventory","tag-notice-of-trustee-sale","tag-preview","tag-sales","tag-statistics","tag-trustee-deeds","tag-warranty-deeds"],"yoast_head":"\nFebruary Stats Preview: Wacky Warranty Deeds 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\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"February Stats Preview: Wacky Warranty Deeds Edition \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"With February in the rear-view mirror, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records. If you have additional stats you’d like to see in the “preview,” drop a line in the comments...\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/03\/Preview_2010-02_Warranty-Deeds.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/\",\"name\":\"February Stats Preview: Wacky Warranty Deeds Edition \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/03\/Preview_2010-02_Warranty-Deeds-600x436.png\",\"datePublished\":\"2010-03-02T18:00:07+00:00\",\"dateModified\":\"2010-03-03T01:02:28+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/03\/Preview_2010-02_Warranty-Deeds.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/03\/Preview_2010-02_Warranty-Deeds.png\",\"width\":\"911\",\"height\":\"662\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"February Stats Preview: Wacky Warranty Deeds Edition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.\",\"sameAs\":[\"http:\/\/SeattleBubble.com\/\",\"http:\/\/facebook.com\/is.totally.pointless\",\"https:\/\/x.com\/The_Tim\"],\"url\":\"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"February Stats Preview: Wacky Warranty Deeds Edition \u2022 Seattle Bubble","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/","twitter_card":"summary_large_image","twitter_title":"February Stats Preview: Wacky Warranty Deeds Edition \u2022 Seattle Bubble","twitter_description":"With February in the rear-view mirror, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records. If you have additional stats you’d like to see in the “preview,” drop a line in the comments...","twitter_image":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/03\/Preview_2010-02_Warranty-Deeds.png","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/","url":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/","name":"February Stats Preview: Wacky Warranty Deeds Edition \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#primaryimage"},"thumbnailUrl":"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/03\/Preview_2010-02_Warranty-Deeds-600x436.png","datePublished":"2010-03-02T18:00:07+00:00","dateModified":"2010-03-03T01:02:28+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#primaryimage","url":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/03\/Preview_2010-02_Warranty-Deeds.png","contentUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2010\/03\/Preview_2010-02_Warranty-Deeds.png","width":"911","height":"662"},{"@type":"BreadcrumbList","@id":"https:\/\/seattlebubble.com\/blog\/2010\/03\/02\/february-stats-preview-wacky-warranty-deeds-edition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seattlebubble.com\/blog\/"},{"@type":"ListItem","position":2,"name":"February Stats Preview: Wacky Warranty Deeds Edition"}]},{"@type":"WebSite","@id":"https:\/\/seattlebubble.com\/blog\/#website","url":"https:\/\/seattlebubble.com\/blog\/","name":"Seattle Bubble","description":"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f","name":"The Tim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70","url":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","caption":"The Tim"},"description":"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.","sameAs":["http:\/\/SeattleBubble.com\/","http:\/\/facebook.com\/is.totally.pointless","https:\/\/x.com\/The_Tim"],"url":"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6wh0F-2yt","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/9825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/comments?post=9825"}],"version-history":[{"count":0,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/9825\/revisions"}],"wp:attachment":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/media?parent=9825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/categories?post=9825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/tags?post=9825"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/coauthors?post=9825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}