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Distressed Inventory Report 9-4-10
I did something I haven't done for a while and that is take some time off. As a result I am just posting Saturday's inventory report today. There is a definite change in the trend. The Notice of Trustee Sales (NTS) are up significantly. They had fallen for a while and I was suspecting that was due to the servicers... »
Distressed Inventory Report 1-30-10
The trend continues. East Bellevue (EB) had a big jump in overall distressed inventory which went from the 113 homes the week before to 123 homes this week. This week alone there were 8 new Notice of Trustee Sale (NTS) alone. It does look like the lenders are getting geared up to take these homes back. South Bellevue (SB) also... »
Distressed Inventory Report 1-9-10
Well it has begun. The Notice of Trustee Sales are up. Not a whole lot but I think the trend we discussed of lenders finally getting their foreclosure process in order to deal with the new requirements of contacting the borrower prior to any sale seem to be getting in place. You will see there was hardly any foreclosed inventory... »
Distressed Inventory Report 11-7-09
There is a new trend developing and that is the NTS/Foreclosed (F) home ratio keeps falling but overall in East Bellevue and West Bellevue the distressed inventory keeps rising. Only in South Bellevue did the NTS/F ratiio fall and the inventory go down. As we discussed before a falling NTS/F ratio is a good thing because there are fewer distressed... »
Distressed Inventory Report 10-24-09
Hello everyone. There is a new addition to the Distressed Inventory Report. By Popular demand I have added West Bellevue (98004) and South Bellevue (98006). Also the website is going to be expanded to be a Bellevue website as opposed just specializing in East Bellevue. Seems folks from the other neighborhoods would like to get the Stats for their markets.... »
Distressed Inventory Report 9-12-09
The dichotomy of increasing number of foreclosed homes and a decreasing number of homes with a notice of Trustee Sale continues. The number of foreclosed homes is at an all time high at 26. The most since the report began. The lowest it has been was 16 on the August 8th report. However the number of homes with notices... »