Bellevue Real Estate » Foreclsoed Homes

Distressed Inventory Report 2-5-11

George Thurtle — Sun, 13 Feb 2011 01:45:13 +0000

The numbers are finally climbing like they usually do this time of year. The Notice of Trustee (NTS) sales are up this week and appear not to be dropping or moving around like they have in the last few weeks. Compared to last year there were 244 distressed homes at this time of year but this year there are 290 homes. We are down from the peak of last year of 422 homes but startying from the higher base but the rate of increase is somewhat slower. The next four to six weeks I think will give some indications.

The spreadsheet is here: Bellevue Foreclosure Report 2-5-11

Distressed Inventory Report 12-4-10

George Thurtle — Thu, 09 Dec 2010 15:52:21 +0000

The numbers are starting to fluctuate again and this time a little uptick. The next few weeks you will not be able to tell much since most of the lenders do not process foreclosures during the holidays. They have enough to catch up on. a little more new foreclosed inventory is coming to the market and the inventory appears to be turning over quicker than it was, all accept for the low end condominiums. In terems of foreclosure trends it will be well over a month before we see what is really happening.

Here is the spreadsheet: Bellevue Foreclosure Report 12-4-10