A fresh surge of Seattle foreclosures

There has been a fresh surge of Seattle foreclosures in 2008. In the first quarter of 2007, Seattle saw 760 foreclosure filings, which were 16.7% up from the previous month. In April, though the situation was a bit better with Seattle closing at a rate of one per 1287 homes. As a result of constant foreclosure activity, the market for residential housing has completely opened up for both home-buyers and investors. As of today, there is a huge surplus of foreclosures in Seattle and hence if you are looking to invest in property then here’s your chance. The largest city on the Pacific Northwest region with a population of 582,174 has enough space to accommodate many more. In fact there is a trend these days of investing in Seattle home foreclosures and it has even led to a downfall in the real estate prices. You can easily get some of the top class Seattle foreclosure homes for a discount of as much as 15% on the market price. If that is not enough, let us tell you that these homes are situated in Magnolia, Columbia, University District, Green Lake, Ravenna and South Park among many others.

Find listings of Seattle Foreclosure

If you are a first time homebuyer then finding Seattle foreclosures will not be an easy task. You will need expert help and that is why we are here to help you with guidance from industry specialists and updated Seattle foreclosure listings. All you will need to do is visit us at ForeclosureDatabank.com and sign up for a 7-day trial membership. Our listings include all old and new Seattle bank foreclosures for sale. There are different types of homes available here apart from REO, HUD, VA properties to all kinds of Seattle bank foreclosures. This is the bargain of your lifetime! Just click here and start looking at Seattle foreclosures.