Bellevue Real Estate » forreclosed Homes http://eastbellevuere.com Your source for reliable information on Bellevue's residential real estate market. Sat, 16 Apr 2011 16:01:37 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Distressed Inventory Report 3-26-11 http://eastbellevuere.com/index.php/2011/04/04/distressed-inventory-report-3-26-11/ http://eastbellevuere.com/index.php/2011/04/04/distressed-inventory-report-3-26-11/#comments Mon, 04 Apr 2011 14:39:09 +0000 George Thurtle http://eastbellevuere.com/?p=941 It looks like the numbers are peaking. Down slightly this week. Again, I can’t emphasize this enough, the new inventory coming on is mostly junk. If you want a great deal on a fixer in Lake Hills then you have bank inventory to look at but if you want a nicer newer home then you are out of luck. Your best shot at that type of home is a short sale. The lack of better bank inventory and reduced inventory overall has caused a little bump in values if you look at the weekly Altos graphs. The local economy is good and combined with reduced inventories overall and fewer distressed sellers it looks like a solid bottom is forming until the government screws something up again.

The spreadsheet is here: Bellevue Foreclosure Report 3-26-11

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