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Distressed Inventory Report 4-2-11
Well the trend of the amount of distressed inventory appearing to be peaking was broken this weak.  This week the amount of distressed inventory jumped 15 homes from  311 to 326. However the most notable feature is that there were not many new foreclosed homes but a ton of homes that went Notice of Trustee Sale (NTS). If there was not... »
Distressed Inventory Report 3-19-11
The numbers finally ticked up a bit this week and there is more listed bank owned and short sale inventory coming to the market in the MLS. Other than West Bellevue the quality of the inventory is degrading and needs a lot work. Don't expect to get that new bank home that was avaialble last year. In fact there are... »
Distressed Inventory Report 3-12-11
Another downturn this week in the overall amount of distressed inventory. Generally it should be going up but it looks like a lot of things have worked through the system. Overall the amount of distressed inventory (Bank Owned Homes and Notice of Trustee Sales) is at 307. Down from its near term peak of 317 two weeks ago and down... »
Distressed Inventory Report 3-5-11
An unexpected surprise this week. The overall inventory of distressed homes dropped from 317 to 307. I was expecting a mild increase. In addition like last week there was a lot of turn over in the distressed inventory. As an example in MLS Area 530 there were four new Notices of Trustee Sale (NTS) but the overall inventory for the... »
Distressed Inventory Report 2-16-11
Interesting numnbers this week. On the surface it looks like we were treading water with an overall increase of distressed inventory rising only one home from 316 to 317 but if you check the spreadsheet there was some action going. the 98005 zipcode saw a drop of bank owned homes of five homes with the week before having 22 bank... »
Distressed Inventory Report 2-19-11
The numbers are continuing to move up. The Notice of Trustee Sale (NTS) notices are the ones taking the big jump with with South Belleuve having 8 new notices in one week. Haven't seen activity like that since last summer. There is some churning going on with the NTS notices. In West Bellevue there were four new NTS notices but... »