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Short Sale Activity in South King County

By
Managing Real Estate Broker with NextHome Experience 17050

Like it or not, short sales aren't going away anytime soon. As more and more home owners realize the benefits of working with the bank on a short sale, rather than going through the foreclosure process, they will begin to seek out experienced agents who can help them navigate the process.

Below are several charts demonstrating Short Sale listing and sales activity by City; Auburn, Black Diamond, Covington, Federal Way, Kent, Maple Valley, Renton, Enumclaw and Ravensdale.

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*Represents single family homes listed through NWMLS only and does not reflect private party sales.

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 ____________________________________________________________________________________________________________________

Colleen Fischesser REMAX

 Serving the beautiful Pacific Northwest Since 1990!

 

Colleen M. Fischesser, Managing Broker

RE/MAX Advantage, L.C.

Serving Seattle and the Chelan Valley

206-491-3819  (Cell/Text Seattle)

509-699-1611 (Cell/Text Chelan)

 

 www.ColleenFish.com

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This is a personal blog based on my opinion and experience in the real estate industry. All content is provided for informational purposes and should not be construed as legal, financial or tax advice. Laws, industry practice standards and procedures vary by state. Readers are advised to contact appropriate third parties for professional advice when needed. Any questions please let me know!

 

Comments (2)

Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Idaho Real Estate Expert

Great snapshot of what is happening with short sales in your market.  Knowledge is power!

Jul 07, 2010 04:52 PM
Rene Fabre
ARFCO Media - Renton, WA
Practicing Philosophical Eclectic of the Arts

Colleen... As much as I'd like to stick my head in the sand and ignore it all... short sales are not going to go away, that's a fact. You are totally right (I hope), and I think you are; homeowners will see foreclosure is not the way to go and will want to seek out agents to help them through the maze. The waters are murky but several good programs are now coming onto the playing field to help... 

Jul 10, 2010 01:41 PM