Washington State Forclosures
Some interesting info from the WA Association of Realtors. The “Loans 10 years” report by the Mortgage Bankers Association shows rates of foreclosure over the last ten years. Foreclosure rate in Washington is less than 1%, the same as ten years ago, and less then the highest which was in 2002. The facts flyer is why our market shouldn’t get hammered too badly, but consumer confidence sometimes has little to do with the facts.