Tag Archives: Seattle Condos
Seattle’s foreclosure rate was at a two year high during the first quarter of 2009 – and the city saw auctions in the Queen Anne district, and lots of deals being negotiated to work with qualified buyers. Since we know that Queen Anne is a great area, and Seattle is a wonderful city, here’s the value: now is a great time to buy your condo and get a good value in a time tested, valued neighborhood like Queen Anne.
There’s been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.