Tag Archive

Distressed Inventory Report 3-12-11

By George Thurtle

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... »

Weekly Scorecard 3-7-11

By George Thurtle

The sales are taking their usual seasonal upturnb but not the inventories. South Bellevue did finally see its inventories rise by 12 homes. The other areas were flat to down a little. East Bellevue dropped to 159 homes which is a ridiculously low number. The sales however are starting to surge with the usual seasonal regularity. Again South B ellevue... »

Weekly Scorecard 1-10-11

By George Thurtle

The sales numbers remained strong but the pending sales took a dip this week all except in South Bellevue where both sold and pending sales seem to keep posting pretty good numbers. The inventories remained steady, I would have expected them to start rising again. Still looking for some market direction after the new year. specifically if the trend towards... »

Weekly Scorecard 12-13-10

By George Thurtle

The sales volumes are pretty high for this time of year except for west Bellevue which had a large number of sales but no pending sales and the pending sales for West Bellevue have been done the last couple of weeks. However the other areas have both a higher volume of sold and pending sales which could mean this market... »

Weekly Scorecard 11-22-10

By George Thurtle

This week the amount of inventory continues to decline¬†however the pending sales and sold home numbers seem to be¬†diverging some.¬†¬†In East Bellevue there were 11 sold homes and only 4 pending sales.¬† In South Bellevue the same¬† trend 15 sold homes and 7 pending sales. West Bellevue was different with 4 sold homes and 5 pending sales. Given the time... »

Distressed Inventory Report 11-6-10

By George Thurtle

It is evident there was a back log due to the foreclosure moratorium by the major lenders. However this week the nes is that the banks are steeping up the rate of actual foreclosures. Last week the Notice of Trustee sales (NTS) saw a big spike in their numbers, however this week the it is the foreclosures themselves which are... »