More Bank-Owned Foreclosures Come to Market in Seattle this Month

The number of bank-owned homes on the NWMLS rose this month, as foreclosed homes are being released to the public for sale. Although foreclosures are still relatively low in Seattle, as compared to most large U.S. cities, we do have a significant number for sale. These can be great bargains for buyers looking to make a move while the market is down. We have everything from a studio houseboat on Lake Union to an expansive $5 million Capitol Hill mansion available at bank prices.

Current Bank-Owned home listings:

Seattle: 67 houses, 38 condos

Bellevue: 15 houses, 16 condos

Redmond: 6 houses, 1 condo

Kirkland: 18 houses, 13 condos

Shoreline: 9 houses

This clearly doesn't represent the total number of foreclosures - just those that have been listed by a bank for sale and have not sold yet.

Seattle Area Foreclosures

Sam DeBord and BrianWiegand - SeattleHome.com - Seattle Real Estate Brokers - Seattle Homes for Sale