Bellevue Real Estate » trustee sale 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 12-4-10 http://eastbellevuere.com/index.php/2010/12/09/distressed-inventory-report-12-4-10/ http://eastbellevuere.com/index.php/2010/12/09/distressed-inventory-report-12-4-10/#comments Thu, 09 Dec 2010 15:52:21 +0000 George Thurtle http://eastbellevuere.com/?p=837 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

]]> http://eastbellevuere.com/index.php/2010/12/09/distressed-inventory-report-12-4-10/feed/ 0 Distressed Inventory Report 9-5-09 http://eastbellevuere.com/index.php/2009/09/05/distressed-inventory-report-9-5-09/ http://eastbellevuere.com/index.php/2009/09/05/distressed-inventory-report-9-5-09/#comments Sat, 05 Sep 2009 15:31:33 +0000 George Thurtle http://eastbellevuere.com/?p=319 The trend continues with the overall numbers of distrssed inventory holding steady just below 90 but with the number of forclosed homes increasing and the number of those with notices of Trustee Sales decreasing. The number of foreclosed homes is at an all time high since this Report started at 25. The number of Trustee Sales is at an all time low with 63. Looks like some of those short sales are starting to go together.

The big disconnect is the number of foreclosed homes at 25 and the listed “Bank Owned” homes in the NWMLS at 3. Some of this could be due to the agents not disclosing properly a property’s status. If I have time this weekend I could input the addresses of the bank owned homes in the NWMLS against the foreclosed homes of record and see what is really listed and what is not. This would help shed some light on the big disconnect between the very small number of bank owned homes listed and those of record. East Bellevue Foreclosure Report 9-5-09

]]> http://eastbellevuere.com/index.php/2009/09/05/distressed-inventory-report-9-5-09/feed/ 0 Distressed Inventory Report 8-8-09 http://eastbellevuere.com/index.php/2009/08/08/distressed-inventory-report-8-8-09/ http://eastbellevuere.com/index.php/2009/08/08/distressed-inventory-report-8-8-09/#comments Sat, 08 Aug 2009 15:30:02 +0000 George Thurtle http://eastbellevuere.com/?p=248 Well the numbers have climbed a little. From the table accessed from the link below you will see that the new notice of Trustee Sale jumped up to ten this week. The previous week was only two and the week before that was three. While volumes have been up prices have not increased enough to take care of the underlying debt. It looks like we will be stumbling along.

In addition the number of short sales on the MLS has climbed from 27 to 30.

I have posted the table in a link below. Next week there will be a month’s inventory and I will start graphing the numbers so you can see the trend visually. In addition the July numbers should be out Monday.

East Bellevue Foreclosure Report 8-8-09

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