King County Foreclosure data
March 9th, 2009
So I was running correlates with the MLS sales stats in comparison of the Realtytrac.com’s foreclosure trends and data. As of January King county is down 35% YTD. In January 2008 there was 1037 residential sales in King County…January 2009 has had 674 sales. The average price of sale was $453,118 which is down 14% from last year which was $525,948. the thing that surprised me out of the 674 residential sales, 232 of them were distressed. Which says 34% of all residential property sales were distressed. So Realtors and Buyers, brush up on your knowledge of REO and Short Sale procedures. I believe it is the only way to purchase in this climate, and not be upside down in a market with falling market values.
[...] homes . There are currently 50 Burbank condos for sale. Burbank is one of the most popular areas King County Foreclosure data – seattleforeclosurespecialist.com 03/10/2009 So I was running correlates with the MLS sales stats [...]
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