Distressed Inventory Report 2-12-11
The numbers are still on the rise. In looking at the new inventory coming on there are more houses this week. Previously it was lower end condos. The number of listed short sales in South Bellevue took a jump this week and overall some of the new bank inventory is making it into the MLS. However the pricing on the new bank inventory seems pretty aggresive. If you have the time, patience and stand a lot of frustration your best opportunity still appears to be aged short sales.
The spreadsheet is here: Bellevue Foreclosure Report 2-12-11