Seattle-Area Foreclosures Appear to Resume Pre SB-5810 Rise

Time for our September update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: September 2009 King: 796 NTS, up 31% YOY Snohomish: 421 NTS, up 42% YOY Pierce: 479 NTS, down 11% YOY Not surprisingly, as the newly-mandated 30-day pipeline begins to fill up, foreclosures seem to be resuming their upward trend across the Sound. It’s interesting to note that as of the end of the day yesterday, Trustee Deeds (the actual re

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Washington Is Just Not That Into You

Panel Says Obama Plan Won’t Slow Foreclosures In a report mild in language but pointed in substance, the Congressional Oversight Panel — a watchdog created last year to keep tabs on taxpayer bailout funds — said the administration’s program would, “in the best case,” prevent “fewer than half of the predicted foreclosures.” The report rebuked the administration for failing to shape a program that addressed the most significant engines of the foreclosure crisis — soaring joblessness and exoti

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Posts about Foreclosures as of October 7, 2009

Bulk REO Investing In Today’s Market – lakefrontlandandlots.com 10/07/2009 Bulk REO Investing is proving to be one of the most lucrative fields of investment during 2009 and beyond. Bulk REO Investors profit by purchasing groups (commonly called portfolios) of properties from lenders who have repossessed the properties and have urgent need to release pressure from their balance sheets. Real Estate Investing In Today’s Market – financeandmoneyarticles.info 10/07/2009 Bulk REO

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Los Angeles Foreclosures Jump 69 Percent over Q4 2007; Miami Foreclosures Increase by 18 Percent and New York City by 25 Percent Says PropertyShark.com Report

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May 2008 Foreclosure Report Issued by PropertyShark.com ; Los Angeles, Miami, Seattle and NYC Foreclosures All Up 50-233 Percent over May 2007

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